NFTs
Otherside and the Future of NFT Consolidation
In the wake of its chaotic metaverse land sale, Yuga Labs says it has outgrown Ethereum. Quelle surprise.

Solana Goes Dark for 7 Hours as Bots Swarm ‘Candy Machine’ NFT Minting Tool
It wasn’t immediately clear how the bot traffic overcame network safeguards.

Please Don’t Buy a ‘KYC’d’ Wallet for the Bored Apes Team’s Otherside Mint
Yuga Labs’ long-awaited “Otherside” NFT sale has spawned a secondary market for specially registered Ethereum addresses. Caveat emptor.

International Tax Consortium Lists ‘Red Flag Indicators’ of Fraud in NFT Marketplaces
The guidance, which is the first of its kind from the Joint Chiefs of Global Tax Enforcement, lists both strong and moderate indicators of fraud.

How Crypto Payments Shift Revenue to Creators, Not Platforms
Blockchain cuts out the social media middleman. This article is part of CoinDesk’s Payments Week series.

Coinbase NFT Marketplace Beta Sees Less Than 900 Transactions in Opening Week
The exchange’s long-awaited NFT platform saw 73 ETH in trade volume in its first week after a small portion of its three million-person waitlist was granted access.

Ethereum Name Service NFTs Overtake BAYC in Daily Trade Volume
The ENS NFTs have seen a surge in volume today as investors dive in to purchase three- and four-digit domains.

Bitcoin Payments Remain in Their Infancy but There Are Green Shoots Everywhere
Can cryptocurrencies, stablecoins and CBDCs coexist as methods of payment? Industry leaders shine a light on the future of crypto payments. This piece is part of CoinDesk's Payments Week.
