NFT How to Write Off your NFTs as Tax Losses There are now tools popping up which allow you to sell your NFTs for $0.01, allowing you to write off the entire purchase price on your taxes.
NFT BAYC Fueled Bank Run Nearly Breaks BendDAO A large amount of the collateralized loans on BendDAO backed by Bored Ape Yacht Club (BAYC) NFTs risked liquidation and caused a bank run.
NFT VeeFriends raises $50M from a16z VeeFriends, a top 30 NFT project from Gary Vaynerchuk, just raised $50M from investors including a16z.
NFT Bored Ape Yacht Club Discord Hacked, Millions Stolen from Members The Bored Ape Yacht Club Discord was hacked, resulting in users losing millions in NFTs and ETH to a phishing scam.
NFT Coinbase and Gemini Kick Off the Crypto Winter Job Market As economic concerns grow & retail interest wanes, exchanges are laying off employees, freezing hiring, & halting new development.
NFT Seth Green Lost His Bored Ape NFT and Possibly His New TV Show Seth Green lost four blue chip NFTs to a phishing attack, then we found out he could also lose his new TV show, White Horse Tavern.
NFT Instagram Is Rolling Out NFT Support Instagram has begun rolling out their NFT integrations, pulling info from crypto wallets and tagging ownership.
NFT BAYC’s Land Sale Jacks Up ETH Gas Price, Wastes $80M Bored Ape Yacht Club and Yuga Labs launched a land sale for their metaverse, Otherside. The sale minted 100,000 NFTs and $561M in sales.
Aku Dreams Aku Dreams NFT Project Akutars Loses $34M in ETH to Code Bug Aku Dreams launched its Akutars NFT collection with buggy smart contracts. These smart contract bugs led to $34M in ETH being locked up forever.
Axie Infinity (AXS) Sky Mavis Raises $150M to Compensate for Ronin Hack Sky Mavis, maker of Axie Infinity, raised $150M primarily from Binance to make investors whole after their Ronin sidechain was hacked for $600M.
FTX Stripe Launches Web3 Payments Tools Stripe, the Irish Financial Technology startup valued at $95B, launched a suite of web3 tools today. FTX is a launch partner.
NFT NBA Player De'Aaron Fox May Have Rug Pulled His SwipaTheFox NFT Project Pro basketball player De'Aaron Fox has temporarily shut down his NFT project, SwipaTheFox, after raising over $1.5M.
NFT Sotheby's Cancels CryptoPunks Auction Sotheby's withdrew a lot of 104 CryptoPunks NFTs minutes before the auction started. The CryptoPunks NFTs were expected to sell for $20-30M.
NFT The New York Stock Exchange Files Patent for NFT Marketplace The New York Stock Exchanged filed a patent for an NFT marketplace, with specific focuses on the metaverse.
NFT Active OpenSea Attack Takes Millions An active OpenSea attack has taken millions so far in ETH and rare NFTs.
NFT NFT Tickets: NFT Super Bowl Tickets, Coachella's Lifetime NFT Tickets Both the NFL and Coachella rolled out plans to integrate NFTs with their ticketing. Coachella's version will be lifetime tickets.
Weekly Newsletter 🤑 We All Get a Rug Pull! The word of the week is "rugpull", as SundaeSwap and CardStarter have a spat over allegedly stealing 150m tokens, and TIME rug pulling Terra LUNA.
Solana (SOL) Hacker: OpenSea is Adding Solana NFTs and Phantom Wallet Support Hacked screenshots from Jane Manchun Wong suggest OpenSea, the largest NFT marketplace, is adding support for Solana NFTs and the Phantom wallet.
Weekly Newsletter 🍿 We're gonna need more Matt Damon This week crypto.com was hacked and user funds were lost, Binance rolled out Eth L2 support, Feds are signaling regulatory clarity is coming, and is Walmart selling NFT deoderant?
NFT Walmart is Planning Its Own Metaverse, NFTs, and Token Walmart's recent patent filings show the retailer intends to build its own crypto metaverse, mint NFTs, and issue its own cryptocurrency token.
Hacking 🗺 Where does all of that stolen crypto go? This week in crypto: North Korea's crypto hacking industry, Safemoon's new 100% tax, Miami's city wide crypto network, and Shopfiy adding NFTs.
Shopify (SHOP) Shopify Adds NFT Support Shopify has launched an NFT platform beta to their US Plus customers.
Hacking 👾 How to Avoid This Weeks Crypto Hack There is an active exploit on Telegram---here's how to avoid it! Also Ethereum's 2.0 testnet goes live, OpenSea's IPO controversy, and Zilliqa's Extended Reality Metaverse.
OpenSea OpenSea Walks Back IPO After Backlash OpenSea Chief Financial Officer mentions plans to IPO, then reels back after community backlash.
CryptoMines CryptoMines Reinvents the Rug Pull At its height, CryptoMines' token, ETERNAL, had a market cap of almost $3 billion, but now it's worth $13 million.