News: NFT
NFT (Non-Fungible Token) news highlights the latest trends and innovations in the world of digital assets. This category covers the rapidly growing market of unique and indivisible tokens, which have gained significant popularity in the art, gaming, and collectibles industries. Stay informed about NFT auctions, marketplaces, notable sales, and the intersection of blockchain technology and digital ownership. Explore the exciting world of digital art, virtual real estate, and the evolving landscape of NFT applications.
Yes, NFTs Can Be Taxed, Too
According to industry publication DappRadar, collectors went on a buying spree for non-fungible tokens, or NFTs, last year, pushing sales up to $24.9 billion in 2020 from $94.9 million in 2020, and many are only now realizing that an unexpected guest wants in on the fun: the Internal Revenue Service.
Morning Brief: From Gasoline, Gas, NFT to Alibaba: What is Happening in the World so Far
Last year, non-fungible tokens, or NFTs, grabbed the globe by storm as investors witnessed a revolutionary sort of digital asset — typically artwork — changing hands for hundreds of thousands, if not millions, of dollars.
