CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

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(Kelly Sikkema/Unsplash, modified by CoinDesk)

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Tax week 2022

Understanding the Tax Implications of NFTs, Staking and Yield Farming

Individuals and institutions should carefully consider their tax obligations and, in the absence of official guidance, consult tax professionals or take the most conservative approach to avoid costly future audits.

By Miles Fuller

Nov 15, 2022 at 10:22 p.m. UTC

Nov 15, 2022

Tax Week 2022OpinionNFTYield FarmingDeFi

CDCROP: Museum of Modern Art, New York. (Jamison McAndie/Unsplash)

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Nft

NFT Art Museum Donations? The Pros and Cons for Your Tax Bill

Appraising historically significant non-fungible tokens has been a head scratcher for collectors and charities.

By Brian Frye

Nov 14, 2022 at 4:36 p.m. UTC

Nov 14, 2022

NFTOpinionCharitytaxesTax Week 2022

Web3

Opensea

OpenSea Makes Waves: Says Creator Royalties Will Be Enforced

“The world is otherwise burning, but we decided this couldn’t wait,” a representative from OpenSea told CoinDesk.

By Cam Thompson

Nov 9, 2022 at 11:22 p.m. UTC

Nov 9, 2022

OpenSearoyalty paymentsNFTFewociousWeb3

Web3

Mythical games

Web3 Gaming Studio Mythical Games Lays Off 10% of Its Employees

Three executives departed the developer of Web3 video games earlier this week.

By Cam Thompson

Nov 4, 2022 at 9:50 p.m. UTC

Nov 4, 2022

Mythical GamesNFTWeb3 gamingLayoffs

Policy

Regulations

UK Lawmakers Will Hold Inquiry to Explore NFT Regulation

U.K. members of Parliament are afraid that NFT speculation may be a "bubble."

By Camomile Shumba

Nov 4, 2022 at 1:39 p.m. UTC

Nov 4, 2022

regulationsNFTCryptoUK

CDCROP: OpenSea Mobile Smartphone NFT (Unsplash)

Business

Nft

Monkey Drainer Scammer Strikes Again, Steals $800K of NFTs

The phishing scammer made off with seven Crypto Punks and 20 Otherside NFTs.

By Oliver Knight

Nov 4, 2022 at 11:12 a.m. UTC

Nov 4, 2022

NFTHackPhishingTheft

Web3

Web3 Platform Alchemy Has a Plan to Thwart Bad Actors in NFT Mints

It’s new technology, Spearmint, is an “allow list” designed to keep out speculators and bots who drive up gas fees.

By Cam Thompson

Nov 3, 2022 at 4:00 p.m. UTC

Nov 3, 2022

Web3AlchemyNFTgas fees

Mercados

No-livewire

Dapper Labs recorta el 22% de su personal ante el desplome del mercado de NFTs

El volumen de ventas de NBA Top Shot de Dapper Labs cayó hasta US$2,6 millones desde los US$224 millones de febrero de 2021.

By Sam Reynolds

Nov 3, 2022 at 1:56 p.m. UTC

Nov 3, 2022

no-livewireDapper LabsNFTLayoffs

CDCROP: Woman Strong 1980s Abstract Fashion Model Skipping Dance Pose Pink Blue Purple Pixel Art Cube Block Voxels (Getty Images)

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Nft

What Dance Tells Us About the Uses and Limitations of Art

NFTs may be able to help creators monetize their work, but questions of copyright and ownership have yet to give creators true ownership over their creations.

By Fran Velasquez

Nov 3, 2022 at 12:38 p.m. UTC

Nov 3, 2022

NFTWeb3CryptoArtCopyright