NFT Sales Plummet Amid Regulatory Scrutiny
NFT sales dropped 81% in September. Regulatory scrutiny adds challenges, impacting transactions and market confidence.
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NFT sales dropped 81% in September. Regulatory scrutiny adds challenges, impacting transactions and market confidence.
Explore whether NFTs are fading or transforming amidst declining trades. Insights from Breakpoint 2024 reveal future trends.
A 2024 report shows 96% of NFT collections are inactive, with major losses in value, urging cautious investment.
A Texas court dismissed Consensys' lawsuit against the SEC, which sought to declare Ether not a security.
OpenSea is sued for allegedly selling NFTs as unregistered securities, raising questions about NFT regulations and investor protection.
Texas court dismisses Consensys' case against SEC over Ethereum, citing procedural grounds. Regulatory battle continues for crypto.
SEC Commissioners argue against securities laws for Flyfish NFTs, emphasizing their utility value.
Hyperspace closes its Solana NFT marketplace amid ongoing challenges in the digital asset market.
SEC's actions against OpenSea and Custodia signal a crackdown on NFTs and crypto, raising industry-wide concerns over future regulations.
Hester Peirce warns SEC's crypto regulation may stifle innovation and centralize digital markets.
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