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Gary Vee: A Real ‘NFT Winter’ Market Pullback Is Coming

Investor and NFT entrepreneur Gary Vaynerchuk is incredibly bullish on the future of NFTs, including for collectibles, ticketing, and more. Even so, however, he believes that a significant pullback in valuation is sure to happen. Speaking with Decrypt Editor in Chief Dan Roberts at today’s Crypto Goes Mainstream event in collaboration with Yahoo Finance, Vaynerchuk—the …

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NFT Marketplace OpenSea Hits $10B in Total Volume

The crypto market’s largest NFT marketplace, OpenSea, has officially facilitated more than $10 billion in volume for the first time since opening its doors four years ago. The first NFT marketplace to be established on the Ethereum blockchain, OpenSea’s trading volume has shot up in the past year alongside the boom in non-fungible tokens (NFTs). …

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Congress Passes $1.2 Trillion Infrastructure Bill, Paving Way for Extra Crypto Taxes in U.S.

Congress has passed a $1.2 trillion bill to improve America’s infrastructure through a variety of measures, including taxing crypto brokers.  The bill, which passed Congress with a final vote of 228–206, signals a historic moment for crypto in the United States. In drafting the legislation, senators inserted a provision that changes the Internal Revenue Service’s …

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‘Final Fantasy’ Creator Square Enix Is Getting Serious About NFTs, Crypto Games

Traditional video game publishers are starting to embrace NFTs and crypto gaming, with third-party giants like Electronic Arts and Ubisoft expressing interest or declaring their intentions in recent days. Now Japanese publisher Square Enix of «Final Fantasy» fame has joined the pack. Today, during a financial briefing covering the six-month period ending on September 30, …

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DeFi Tool Snapshot Now Using Colony to Rebalance Power in DAO Voting

This story comes out of PubDAO, a decentralized news wire. In a move that could make blockchain-based voting more transparent and democratic, decentralized voting platform Snapshot—one of the primary tools Web 3 groups use to poll community sentiment—has partnered with blockchain protocol Colony to integrate its DAO reputation system. Governance tokens are the crypto assets …

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