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NFTs
Non-Fungible Tokens (NFTs) are unique digital assets verified using blockchain technology, primarily on platforms like Ethereum. Unlike cryptocurrencies, NFTs are indivisible and cannot be exchanged on a one-to-one basis, ensuring each NFT is distinct and irreplaceable, much like a physical collectible. They have gained prominence in digital art, music, gaming, and other online communities for enabling proof of ownership and authenticity of digital creations. NFTs can represent anything from artwork and music to videos and tweets.
Associated Press Cancels Sale of Migrant Video NFT After Backlash
The video, which depicted a raft crowded with migrants, was a “poor choice” for an NFT, an AP spokeswoman said.
Cryptocurrency Taxes 2022: Here’s What You Need to Know
What are the tax implications of crypto transactions, staking and airdrops? “Community Crypto” host Isaiah Jackson sits down with Certified Public Accountant (CPA) Charles J. Kelly to discuss what crypto investors need to know before filing their taxes. Plus, taxing NFTs and DAOs.
How to Reduce Your Crypto Tax Liability
Certified Public Accountant (CPA) Charles J. Kelly joins “Community Crypto” host Isaiah Jackson to discuss cryptocurrency taxes, sharing insights into the possible strategies for investors to minimize tax liabilities in the crypto market.
Why the CryptoPunk Flop Is a Turning Point for NFT Auctions
A pseudonymous collector withdrew 104 CryptoPunks from Sotheby's. What does that mean for the future of splashy NFT auctions?
NFTs Are the Latest Crypto Tax Events Nobody Understands
Casual collectors may be in for a rude awakening this year. This piece is part of CoinDesk's Tax Week.
OneOf Expands Sports NFT Presence With New Collection on Polygon
The NFT platform known for its music marketplace is launching a series of one-of-one sports NFTs that grant holders exclusive perks.
Sotheby’s Withdraws Lot of 104 CryptoPunks Minutes Before Expected Auction
The sale was expected to draw up to $30 million before it was abruptly canceled by the seller.
The Metaverse Opportunity for Artists
With contributions from Filipino-American rapper Allan Pineda Lindo, the First Mint Fund helps mint NFTs for aspiring artists in Southeast Asia. Leah Callon-Butler meets volunteer-manager AJ Dimarucot.
Animoca Brands Leads $10M Funding Round for NFT Platform Ucollex
The platform, which doesn’t require buyers to own a digital wallet, focuses on art and pop culture collectibles.
