NFT Archives - Compliancex

Jimmy Fallon hyped his Bored Ape NFTs on ‘The Tonight Show.’ Conflict of interest?

Jack J. Kelly crypto, Entertainment, NFT January 27, 2022

From actors to athletes to influencers, celebrities can’t seem to stop talking about their enthusiasm for all things crypto. Never one to sit out a trend, on Monday, “The Tonight Show” host Jimmy Fallon was eager to show off his acquisition of a pricey ...Read More

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Booming NFT art market plagued by ‘mind-blowing’ fraud

Jack J. Kelly Fraud, Games, NFT January 19, 2022

Before he passed away in 2019, Dan Howard was a concept artist, working with major video game companies and posting his drawings online, where he had amassed a loyal fan base. In late 2021, an anonymous account online started auctioning off Howard’s work as ...Read More

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What are NFTs actually used for? A guide, from art and music to gaming and movies

Jack J. Kelly Digital Art, Games, Music, NFT, Sales January 13, 2022

Many people are familiar with NFT art, especially through high-profile sales of individual NFTs. However, art is only one specific way NFTs are used. NFTs can be used in different ways. In other words, they have different “use-cases,” different functions and purposes. In fact, digital art and gaming are just ...Read More

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Cash grab or innovation? The video game world is divided over NFTs

admin NFT December 20, 2021

Gamers are a notoriously skeptical crowd. In 2017, for example, Electronic Arts faced huge backlash over a decision to let players pay to unlock certain characters in its “Star Wars Battlefront II” game. Traditionally, players are required to toil for several hours to access such content. The outcry ...Read More

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Elijah Wood touted a newly acquired NFT. A racism scandal ensued.

Jack J. Kelly NFT, Scandal November 3, 2021

But as we’ve previously seen in the world of NFTs — where men pretend to be women to promote their project — you should expect the unexpected. The zombie bust was by George Trosley, the 74-year-old artist behind Jungle Freaks, a collection of 10,000 hand-drawn zombies ...Read More

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The future of bitcoin, cryptocurrency, and NFTs, according to 30+ experts

Jack J. Kelly Bitcoin, Cryptocurrency, NFT, Non fungible Token July 7, 2021

In the past year, we’ve seen multi-million-dollar NFT sales, Dogecoin drama, cryptocurrency price uncertainty, ransomware hackers being paid off in Bitcoin, and growing concern over the environmental impact of cryptocurrency mining. Behind those headlines, a larger movement was happening. Cryptocurrency, and the blockchain that underpins it, is evolving as a powerful, ...Read More

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Coinbase’s cofounder said in an interview that 90% of NFTs would soon be worthless and that people shouldn’t dismiss dogecoin. Here are the 8 best quotes.

Jack J. Kelly crypto, Cryptocurrency, NFT June 17, 2021

Coinbase cofounder Fred Ehrsam said in an interview with Bloomberg TV on Wednesday that 90% of NFTs would eventually be worthless and that people shouldn’t dismiss dogecoin. Ehrsam also described decentralized finance as the “bleeding edge” of the blockchain world and said there was a danger ...Read More

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Gary Gensler has a full agenda as he gets set to take over the SEC

Jack J. Kelly Cryptocurrency, Governance, NFT, SEC, Trading April 14, 2021

The Senate is expected to confirm Gary Gensler as chairman of the Securities and Exchange Commission on Wednesday, and crypto assets — including bitcoin — are likely high on his agenda. With Democrats in control of all three major branches of government, and the ...Read More

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‘Real-Life Monopoly’: Pete Davidson, Jack Harlow Deliver Eminem-Inspired Rap Explaining NFTs On SNL

admin NFT March 29, 2021

Pete Davidson, Chris Redd and musical guest Jack Harlow delivered an Eminem-inspired rap about non-fungible tokens, or NFTs, on the latest episode of Saturday Night Live. Riffing on Eminem’s “Without Me” video — right down to the Robin costume — Davidson first questions U.S. Treasury Secretary Janet Yellin (Kate McKinnon) about the ...Read More

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The SEC’s ‘Crypto Mom’ Hester Peirce says selling fractionalized NFTs could be illegal

Jack J. Kelly Cryptocurrency, NFT, SEC March 26, 2021

The Securities and Exchange Commission ‘crypto mom’ Hester Peirce said issuers of non-fungible tokens must be careful they do not accidentally create investment products when selling fractions, or derivatives, of these digital collectors items. “People are being very creative in the types of NFTs ...Read More

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