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…
Tag: NFT
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…
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Content Subscription Service Onlyfans Adds Ethereum-Based NFT Profile Feature – Blockchain Bitcoin News
The internet content subscription service Onlyfans has announced the launch of a feature that leverages non-fungible token (NFT) technology. The newly-added feature, introduced on Thursday, gives Onlyfans members the ability to display authenticated NFTs as their profile pictures. Onlyfans Steps Into the Realm of NFTs The London-based content subscription service Onlyfans is well known for its direct funding for content creators, its one-time tips, the firm’s pay-per-view (PPV) features, and of course, NSFW content. This week, Onlyfans has revealed it is experimenting with blockchain technology as the firm is allowing…
ทำไม Blockchain อาจไม่ได้ช่วยให้การเลือกตั้งโปร่งใส ?
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Experience-to-earn is the gateway for NFT mainstream adoption
An experience-to-earn (E2E) nonfungible token (NFT) ecosystem rewards people on-chain for doing everyday activities, bringing new forms of value creation to everyone. This was previously reserved for invested gamers in play-to-earn (P2E) worlds. While P2E has experienced a record-breaking year ($4.5 billion in-game NFT sales, according to the recent DappRadar report), most blockchain games still rely on some level of skill such as battling, breeding or collecting strategy that attracts gamers with the downtime, temerity and sometimes some starting funds to invest — prerequisites that can put off any non-gamer…
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Farmville Creator Zynga to Launch NFT Games, Says Gaming Firm’s Blockchain Lead – Blockchain Bitcoin News
American social game developer Zynga has plans to launch non-fungible token (NFT) games in the near future. Zynga’s vice president of blockchain, Matt Wolf, told the press that the company is looking at the cycle right now and “figuring out where we want to jump in.” Farmville and Words With Friends Game Developer Zynga Details Plans to Join the NFT Industry On February 9, 2022, the vice president of blockchain at the gaming company Zynga, Matt Wolf, told the publication Axios that it has plans to launch non-fungible token (NFT)…
PUBG Developer Parent Company Krafton to Work On NFT and Metaverse Related Projects – Metaverse Bitcoin News
Krafton, the parent company of Bluehole, developers of PUBG, a popular battle royale game that has earned more than $300 million in 2021, announced it will redirect some of its activities toward developing NFT and metaverse-related projects. The company says it has acquired equity in two companies, Seoul Auction Blue and Xbyblue, that will enable Krafton to offer non-fungible tokens (NFTs) related to its intellectual property (IP). The company also partnered with Naver Z for this same purpose. Krafton Goes NFT Krafton, the parent company of Bluehole, developer…
Topps Plans to Auction Rare 1952 Mickey Mantle NFT Card Minted on Ethereum – Bitcoin News
The American firm that produces Bazooka chewing gum, candy, and collectibles, Topps has announced the company is planning to auction one of the rarest baseball cards on earth in NFT form — Topps 1952 Mickey Mantle card. The Topps 1 of 1 “Timeless Collectible” will be issued as a non-fungible token (NFT) and sold on the NFT marketplace Opensea on March 1, 2022. Topps Announces 1952 Mickey Mantle NFT Card Auction via Opensea, Physical Card With a PSA 9 Score Is Worth $5.2 Million Topps has announced the minting of…