NFT trading volume has tumbled 63% since December

The trading volumes of non-fungible tokens (NFTs) last month were down by more than 60% from December despite building momentum in the final months of 2024, with the fall coinciding with a... Read more »

Cointelegraph Bitcoin & Ethereum Blockchain News

Wash trading and money laundering in NFTs: What’s the difference? Wash trading and money laundering in NFTs are fraudulent activities that manipulate market prices and facilitate illegal financial transactions in the digital... Read more »

DraftKings settles class-action lawsuit over NFT marketplace for $10M

DraftKings has agreed to pay $10 million to settle a securities class-action lawsuit from buyers of its non-fungible tokens (NFTs) that the gambling company sold through its now-shuttered marketplace. On Feb. 28,... Read more »

SEC drops Yuga Labs probe, Trump files NFT marketplace trademark: Nifty Newsletter

In this week’s newsletter, the US Securities and Exchange Commission (SEC) has dropped its investigation into the non-fungible token (NFT) company Yuga Labs, a company owned by US President Donald Trump filed... Read more »

Here’s what happened in crypto today

Today in crypto, the US Senate voted to kill the IRS’ DeFi broker rule, more than $1 billion worth of derivatives were liquidated on March 4 due to fears of a trade... Read more »