NFTs
Meta's Instagram Will Soon Allow Creators to Mint, Sell NFTs
Starting this week, Instagram will allow a select group of digital creators to mint and sell non-fungible tokens (NFTs) directly on the social media platform. "The Hash" team discusses the latest in Instagram's Web3 ambitions bringing blockchain awareness to the mainstream.
NFT Regulation Outlook: We Can't Stop Regulation, SmartMedia Technologies Exec Says
Reeve Collins, SmartMedia Technologies co-founder, reacts to a Singapore court ruling that NFTs are properties. "We've known for a long time that NFT is a property ... it's nice to see a court acknowledge that," he says. Plus, his take on NFT regulation in the U.S.; Are NFTs securities?
Reddit NFT Sales Surge on OpenSea, Challenge Bored Apes
Reddit users are pumping the platform’s Polygon-based non-fungible tokens (NFTs) with cumulative sales volumes of the avatar collectibles topping $6.5 million on Tuesday, just behind the reigning NFT collection Bored Ape Yacht Club. "The Hash" team discusses the latest in the world of digital collectibles and Reddit.
Apple Will Not Exempt NFTs From App Store’s 30% Fee
Apple has rejected calls to exempt non-fungible tokens (NFTs) from its 30% "Apple Tax" on in-app purchases. "The Hash" panel discusses the impact of the tech giant’s de facto ban on peer-to-peer NFT trading.
Annie Yi’s NFTs
Host Joel Flynn discusses championing NFTs for a social cause. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Singapore High Court Says NFTs Can Be Considered Property
The Singapore High Court has said that NFTs meet certain legal requirements to be considered property, such as being distinguishable from other similar assets and having an owner who can be recognized by third parties. "The Hash" team weighs in on the ruling.
IRS Includes NFTs in US Tax Language
The U.S. Internal Revenue Service (IRS) released an updated draft for its 2022 instructions for form 1040 filers that swaps the old category for "virtual currency" with broader new language on "digital assets," including an explicit recognition of NFTs. "The Hash" panel discusses the potential repercussions.
