NFT skis, Bitcoin bobsledders and CBDC controversy

The 2022 Winter Olympics, officially called the XXIV Olympic Winter Games, kicked off on Feb. 4 in Beijing with crypto being a major part of the event, partly because of the Chinese government’s digital currency ambitions. The cryptocurrency community hasn’t had strong ties to the Olympics over the last few years. The last major headline-grabbing interaction was when the Dogecoin (DOGE) community helped fund the Jamaican bobsled team in 2014 so they could attend the event in Sochi. The 2022 Winter Olympics, however, are making history due to the presence…

The Greatest NFT Treasure Hunt of All Time – Press release Bitcoin News

press release PRESS RELEASE. LONDON, February 15, 2022 – Independent video game studio and publisher Utopian Game Labs, has teamed up with alphabit fund, the crypto asset fund advancing the overall development of the sector by investing in the world’s most innovative blockchain projects, to bring you Time Raiders, a fast-paced shoot and loot NFT game in which players travel through time to fight enemies and take treasures and resources back to their own time. Joining the ranks of play-to-earn (P2E) NFT games such as Axie Infinity and Zed Run,…

What Happened To Tarantino ’s “Pulp Fiction” NFT Collection? The Strange Finale

In the end, Quentin Tarantino ’s “Pulp Fiction” NFT Collection collapsed under its own weight. Did Miramax’s lawyers scare them off? Or was there not sufficient interest in the collection by the buyers? Did the Secret Network have any technical problem that they’re not telling us about? Sadly, we can’t answer those questions at the moment. Something happened, though. We will present the facts and nothing but the facts so that each one can arrive at their own conclusions. As a reminder, in the collection’s official site they now describe…

Cere Network and Polygon Launch ‘NFT Content Monetization’ Platform Davinci – Blockchain Bitcoin News

On February 14, Cere Network and Polygon launched a non-fungible token (NFT) marketplace and Web3 platform called Davinci, a project that aims to bolster the security behind NFT data. The platform is described as an “all-in-one Web3 media platform” that leverages Cere’s decentralized data cloud (DDC) platform and the proof-of-stake blockchain network Polygon. Cere Network Launches All-in-One Web3 Media Platform Built on Polygon Non-fungible token (NFT) media has become a big deal and a billion-dollar industry during the last year. However, the space has become filled with controversies as well…

Animoca leads NFT3 raise, Arca launches NFT fund and Alexis Ohanian broadens crypto exposure

Venture capital funding in the cryptocurrency market is showing no signs of slowing, as major investors continue to back promising startups in niche industries spanning the metaverse, nonfungible tokens (NFTs) and GameFi.  Cointelegraph’s new series, VC Roundup, provides a rundown of some of the biggest funding stories of the past few weeks. To stay informed on the latest developments from the world of blockchain business, be sure to register for our Crypto Biz newsletter, which is delivered to your inbox every Thursday. Animoca Brands leads NFT3 raise Web3 identity network…

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Cent NFT Marketplace Suspends Activity Due to Plagiarism Issues – Bitcoin News

Cent, one of the first marketplaces to allow people to sell tweets as NFTs, has suspended almost all of its activity due to plagiarism-related problems. According to its CEO and co-founder Cameron Hejazi, people keep selling NFTs of other NFTs or using content that is not owned by them originally to mint these tokens. The sale of tweet NFTs is still active. Cent Struggles With Unauthorized Use and Plagiarism Cent, one of the first marketplaces to allow users to tokenize tweets and sell them, has announced it is…

UK tax authority makes first NFT seizure in VAT fraud case

HM Revenue and Customs (HMRC), the chief tax authority in the United Kingdom, have seized three nonfungible tokens (NFTs) associated with a suspected tax evasion fraud. The tax watchdog claimed it was the first U.K. law enforcement agency to seize NFT. The NFT seizure came along with the arrest of three people who are suspected of evading taxes using various sophisticated means, reported BBC. The arrested suspects in the case reportedly used fake identities and created 250 fake ‘shell’ companies to evade £1.4 million ($1.8 million) in value-added taxes (VAT). HMRC…

Bandana Wearing Cryptopunk NFT Smashes Records Selling for $23 Million in Ethereum – Markets and Prices Bitcoin News

The Cryptopunks non-fungible token (NFT) collection has seen a new record as the NFT Cryptopunk #5822 sold on Saturday for 8,000 ether or more than $23 million. The new owner of the NFT, Deepak Thapliyal, the CEO of a blockchain firm called Chain explained that he used leverage via Compound Finance in order to acquire the NFT. Cryptopunk #5822 Sells for 8,000 Ethereum A new Cryptopunks record has been achieved on Saturday, February 12, 2022, when Deepak Thapliyal purchased Cryptopunk #5822 for 8,000 ETH worth $23.3 million using today’s ether…