Shiba Inu SHIB Founder Ryoshi NFT Collectible Debut on HEEL and SHIBACALS
A new NFT brand has surfaced in the Web3 domain. HEEL and SHIBACALS present a limited 'Young Ryoshi in Space' collectible, symbolizing Shiba Inu's elusive founder, Ryoshi. With only 45 pieces available, this NFT, priced at 0.1 ETH, is set for sale on September 9, 2023, at 20:00 UTC. Initial buyers receive NFT passes, potentially unlocking future content. Five lucky holders will get 500 HEEL tokens. Resales are prohibited, ensuring exclusivity. This venture, alongside Shiba Inu's rise, emphasizes the growing NFT market's potential.
Google Updates Advertising Policy on NFT Gaming
Google has updated its policy on advertising for blockchain-based games involving non-fungible tokens (NFTs) from September 15, 2023. Advertisers can promote NFT games that allow players to purchase in-game items, but must adhere to Google's "Gambling and games policy" and receive proper Google Ads certification. Google has also allowed crypto and NFT-related products on its Play Store, promoting blockchain integration in mainstream gaming.
Binance Announces Cessation of The Sandbox NFT Staking and Polygon Network Support
Binance NFT will halt The Sandbox NFT Staking Program on September 26, 2023, and suspend LAND NFTs for daily SAND rewards. All staked NFTs will undergo an unstaking process, with return expected by September 28, 2023. Users holding Polygon Network NFTs are advised to complete withdrawals by December 31, 2023.
Report: Visa Blocks $30 Billion in Fraud, Highlighting Crypto and NFT
Visa Inc.'s Fall 2023 Biannual Threats Report highlights the rise of sophisticated fraud schemes in retail and eCommerce sectors, with online merchants accounting for 58% of total fraud and breach investigations. The company has prevented $30 billion in fraud in the last six months, collaborating with global law enforcement.
OKX NFT Adds Base, Linea Support, Beyond Ethereum, Optimism, Polygon
OKX expands NFT Marketplace compatibility to 17 blockchains, including Base and Linea, enhancing interoperability and composability, and utilizing over 11 blockchain networks as a centralized hub for NFT transactions.
SEC Commissioners Peirce and Uyeda Disagree on Impact Theory Enforcement Action
The US SEC has launched its first enforcement action against Impact Theory, LLC, for raising $30 million through an unregistered offering of NFTs disguised as securities, despite Commissioners Peirce and Uyeda arguing for clearer regulations.
SEC Charges Impact Theory for Unregistered NFT Sales
Impact Theory, a Los Angeles-based company, has been charged by the SEC with violating federal securities laws by offering unregistered NFTs as investment contracts.
Animoca Brands Reports US$402 Million Bookings for 2022
Animoca Brands, a leading digital entertainment and blockchain technology company, reported strong financial performance in 2022, with bookings reaching A$594 million and a strong liquidity position, despite expanding its business portfolio.
Adult Content Platform Onlyfans' 9,000 Ethereum Drops 25% in Value
Onlyfans' Ethereum holdings, valued at $11.43 million, have experienced a 25% decline due to the current ETH price of $1,650, highlighting the industry's volatility and risks. The company also introduced a feature for verified NFTs.
Former OpenSea Head of Product, Nathaniel Chastain, Sentenced in Pioneering NFT Insider Trading Case
Nathaniel Chastain, former OpenSea head of product, received a three-month term for digital asset insider trading. Chastain was found guilty of "fraud and money laundering" and earning over $50,000 via NFT transactions. Insider trading in crypto and digital assets is a developing problem, with fines of up to 20 years for each offence.