The Securities and Exchange Commission recently hit NFT exchange OpenSea with a Wells notice — and now the industry is reeling. Roundtable anchor, Rob Nelson, along with Wendy O, host of ...
Unfortunately, that’s not the case with the Securities and Exchange Commission’s opaque treatment of non-fungible tokens (NFTs). Instead, the regulator’s approach adds another sad chapter to ...
In a blog post, OpenSea questioned whether, or not, NFTs – which may be defined as digital collectibles, should be treated as a security. The company states; “Cryptocurrencies have long been ...
Today non-fungible tokens (NFTs) are at the forefront of progress, reshaping how games are developed, distributed, and played. While NFTs have the potential to revolutionize every corner of the ...
Non-fungible tokens (NFTs) sales recorded a $374 million monthly volume in August, continuing a downward trend and recording its lowest monthly sales of 2024. This marks the first time digital ...
As his post suggested, the classification of NFTs as securities is controversial, and Finzer promised OpenSea would “stand our own ground” if further action is taken. “This is a move into ...
However, Finzer said that targeting NFTs is “uncharted territory” for the SEC and believes that “hundreds of thousands of online artists and creatives are at risk.” Grant Gulovsen ...
That first batch of NFTs, which arrived just in time for Christmas in 2022, was garish and slapdash even by the degraded standards of that scene; NFTs had long since begun their initial descent into ...
Only a decade on from the creation of the first-ever non-fungible token back in 2014, a new report provides a glimpse at how far the market for NFTs has fallen in recent years. According to the study, ...
OpenSea, the leading non-fungible token (NFT) marketplace, said it has received a Wells Notice from the Securities and Exchange Commission (SEC). The SEC is eyeing NFTs sold on OpenSea as securities ...
Up until now, the SEC has left the classification of NFTs ambiguous, and NFT marketplaces have largely interpreted this to mean that NFTs are not technically defined as financial assets covered by ...