IRS releases notice on taxation of NFTs as collectibles
TAXATION OF COLLECTIVE GOODS IN GENERAL In general, capital assets that have been held for more than one year are subject to favorable tax rates, which...
Category: NFT
Trump NFT sales volume surges 461% after indictment
Former US President Donald Trump’s NFT collection sales volume surged 461% to $185,783 in the last 24 hours despite a March 30 grand jury indictment. The...
MetaBirkins artist Mason Rothschild’s latest NFT project is igniting the market
Non-fungible token (NFT) artist Mason Rothschild has been keeping busy since his provocative MetaBirkins project pierced the cultural mainstream and grabbed headlines after Hermès filed a...
TON of diamonds to showcase cutting-edge NFT artwork at New
NEW YORK, NY, March 31, 2023 (GLOBE NEWSWIRE) — TONS of diamonds, a pioneering force in the world of blockchain-based art, has partnered with four visionary...
Man accidentally destroys NFTs worth INR 1 crore, loses one-third of net worth
A man “accidentally” destroyed his CryptoPunk #685, a Non Fungible Transfer (NFT) asset he had purchased weeks ago. The man took to microblogging site Twitter to...
NFTNYC 2023: PROOF Hosts Exclusive Beeple Live Everyday Event in Brooklyn for NFT Holders | NFT CULTURE | NFT News | Web3 culture
PROOF, a leading digital art platform, is hosting an exclusive Beeple Live Everyday event in Brooklyn on April 13, exclusively for holders of the NFTs. This...
Man accidentally destroys NFTs worth INR 1 crore, loses one-third of net worth
A man “accidentally” destroyed his CryptoPunk #685, a Non Fungible Transfer (NFT) asset he had purchased weeks ago. The man took to microblogging site Twitter to...
Binance: Will Bicasso NFTs Be the Catalyst for BNB’s Recovery? Investigating…
Binance has launched another free NFT redemption event, which was met with overwhelming demand and claimed within five hours. Despite recent legal issues, BNB is recovering...
Flybondi will be the first airline to offer NFT tickets
In a groundbreaking move, Argentine low-cost airline Flybondi has decided to disrupt the traditional ticketing system by issuing each ticket as a non-fungible token (NFT). The...
OpenSea’s NFT platform is rich with racist content – Mother Jones
Mother Jones illustration; Sheldon Cooper/SOPA/Getty Fight disinformation: Register for free Mother Jones Daily newsletter and follow the news that matters. When the NFT trade platform OpenSea...