Author: Jeremy Ryan

The Manchester United Copying Incident is on the minds of many netizens today, as one of football’s biggest teams is called out. The incident happened after Manchester United dropped its second collection on Tezos for $36. Shortly after, artist DesLucrece took to Twitter to note similarities between the football team’s artwork and their own collection. DesLucrece’s “Monsters” NFTs have a floor of around $20,000. Manchester United’s “The Devils” are involved in a Copying Incident. Credit: DesLucrece. What is the Manchester United Copying Incident? The incident centers around the artwork used in the Manchester United “The Devils” collection and DesLucrece’s “Monsters.”…

Lawmakers in the Arizona State Senate are considering a bill aimed at having voters decide whether virtual currency should be exempt from property taxation.In legislation introduced in the first session of the Arizona State Senate in 2023, Senators Wendy Rogers, Sonny Borrelli, and Justine Wadsack proposed having Arizona residents decide on amending the state’s constitution in regard to property taxes. Should the measure pass the legislature, voters could choose in November 2024 to make virtual currency — specifically tokens that are not “a representation of the United States dollar or a foreign currency” —  tax-exempt.Under Arizona’s constitution, all federal, state,…

Kevin Rose, the co-founder of the nonfungible token (NFT) collection Moonbirds, has fallen victim to a phishing scam leading to more than $1.1 million worth of his personal NFTs stolen.The NFT creator and PROOF co-founder shared the news with his 1.6 million Twitter followers on Jan. 25, asking them to avoid buying any Squiggles NFTs until his team managed to get them flagged as stolen. I was just hacked, stay tuned for details – please avoid buying any squiggles until we get them flagged (just lost 25) + a few other NFTs (an autoglyph) …— KΞVIN R◎SE (,) (@kevinrose) January…

We are only a few weeks into the year but something interesting appears to be happening with the popular play-to-earn game, Axie Infinity. Recent data shows that its number of active users has jumped by an impressive 59%. This represents a massive comeback not just for Axie Infinity itself, but also for the play-to-earn model as a whole. Is P2E Experiencing a Comeback?As many of us might recall, play-to-earn games saw a bit of a slump last year, partially due to the crypto winter. Its decline after having a successful 2021 run even led to some declaring the niche as dead.However,…

The Mutant Hounds gear up to their January 11th mint date to take their place among the first fully autonomous, pro-royalty NFT collections. In a space that is rapidly receding royalties from creators, the Mutant Hounds set an example of giving back to the community and its creators. We have previously covered the mint process and more details about the Mutant Hounds NFT project. Now, find out why and how it is shaping the future of royalties below! Family Only What’s Special About The NFT Project? The Mutant Hounds Saga ushers in a new category for the NFT industry. The…

Bankrupt crypto lending firm Celsius may issue its own token to repay creditors, according to a Jan. 24 report from Bloomberg that cites a video court hearing as the source of its information.According to the report, Celsius attorney Ross M. Kwasteniet told the court that the firm is negotiating with its creditors on how to relaunch the platform and adequately pay them back. The new, relaunched version would be “a publicly-traded company that is properly licensed,” which would supposedly provide more money to creditors than simply liquidating the company. If approved by creditors and the court, the reorganized company would…

In this week’s newsletter, read about how nonfungible token (NFT) sales reached 101 million in 2022. Learn how NFTs can be used to summon defendants who cannot be reached using traditional methods, and see how toys play a role in the NFT and Web3 ecosystem. Check out how Binance is tightening its rules on NFT listings, and don’t forget this week’s Nifty News, featuring the resurgence of former U.S. President Donald Trump’s NFTs. NFT sales topped 101 million in 2022: DappRadar reportA report published by decentralized app tracker DappRadar shows that NFT sales in 2022 reached 101 million, representing a 67.57%…

A scammer targeted NFT OG CryptoNovo this week, stealing several CryptoPunks, BAYC, RTFKT, Meebits, and other NFTs. The scammer stole NFTs worth over seven figures in total! The worst part? CryptoNovo may have brought this upon himself by signing a malicious transaction, the NFT community points out. NFT OG CryptoNovo got scammed for his most prized collectibles, including Meebits, CryptoPunks, MAYC, and more. Did the NFT OG CryptoNovo Get Scammed? Another day, another hack in the NFT space! This time, the victim is none other than CryptoNovo – the NFT whale behind Decentraland’s NovoVerse. Earlier today, the collector tweeted the…

HM Treasury in the United Kingdom has begun calling for applicants to lead the central bank digital currency team behind efforts towards a digital pound.In a job posted to LinkedIn on Jan. 24, the U.K. Treasury called for a team lead for its Payments and Fintech Team of roughly 20 people focused exploring on a “potential digital pound”. According to the posting, the CBDC head would determine the “strategic direction” for Treasury’s efforts to develop a digital currency in line with the government’s agenda, as well as analyze potential policy issues for lawmakers. “Treasury and the Bank of England are…

Blockchain Arkham Intelligence announced it is adding support for Polygon, giving users the ability to track, monitor and identify wallets on its chain. This is the second chain Arkham Intelligence will add support for besides Ethereum, which it will do in the first quarter. Arkham said it chose Polygon for its second integration because of its partnerships with Disney, Starbucks and Stripe, as well as its large user base. Support for additional blockchains is important for data analytics platforms to expand their appeal to wider audience. On-chain activity continues to expand to multiple blockchains and Polygon is of the largest…