Category: NFT News

Highlights The European Parliament's Economic Affairs Committee is pushing for the regulation of various crypto assets including lending, borrowing, and NFTs. The report advocates for euro-denominated stablecoins to bolster the EU's financial ecosystem and encourages the development of tokenized assets. Legislation under the Markets in Crypto-Assets Regulation (MiCA) is currently...

The European Parliament's Economic Affairs Committee has urged the European Commission to assess whether crypto lending and borrowing, staking, non-fungible tokens (NFTs) and decentralized finance (DeFi) should be regulated.The recommendations were part of a report brought forward Friday for plenary vote. It also called for promoting tokenization across financial services,...

Highlights An AI-driven crypto wallet incident led to a loss of approximately $174,000, highlighting vulnerabilities in the integration of AI with financial transactions. The attack exploited a seemingly harmless NFT, revealing how digital assets can serve as permission tokens, not just value carriers. Security experts warn that oversight is crucial...

Highlights Binance is transitioning NFT management from its exchange to its self-custodial wallet. NFT holders must withdraw their transferable assets by July 3, 2023. The NFT sector's value remains volatile, with many leading collections significantly down from their peak values. The Shift in NFT Management by Binance Binance, one of...

Highlights Pudgy Penguins is ending development of its mobile game, Pudgy Party, to focus on a browser-based flagship experience, Pudgy World. The mobile game achieved over 1 million downloads, yet the company sees greater potential in consolidating its efforts around a single product. This decision reflects a broader trend in...