๐Ÿ€ Judge Rules "NBA Top Shots" Securities

Big news in the world of NFTs and securities regulations.

Good morning: We have a lot to cover today!

  • NFT Market - Moonbirds takes the top spot this week with close to 3,000 ETH in volume traded over the last 24 hours. Pudgy Penguins and Doodles are a close second and third.

  • Trending Collections

Today's edition:

  • โ›ต Blur NFT Marketplace Overtakes OpenSea

  • ๐Ÿ€ Judge Rules "NBA Top Shots" Securities

  • ๐Ÿช™ Uniswap to Allow Users Buy NFTs With Any Ethereum Token

  • ๐Ÿด Litecoin Gets Its First NFTs After Devs Fork BTC Ordinals

  • ๐Ÿ”ฅ New YouTube CEO Bullish on NFTs

  • ๐Ÿค‘ 5 ways to monetize your digital art with NFTs (CoinTelegraph)

  • ๐Ÿช™ Energy Giant Saudi Aramco Signs Agreement With droppGroup to Build Web3 Tech (CoinDesk)

  • ๐Ÿ–ฅ๏ธ Crypto Miners Are Leading The Next Stage of AI (CoinTelegraph)

  • ๐Ÿ’น Hong Kong Mulls Reopening Crypto Trading for Retail Investors (Decrypt)

  • ๐Ÿ–ผ๏ธ BAYC Whale Franklin Fat Fingers Beanz Bid, Loses 35 ETH (NFTEvening)

  • ๐Ÿ“† Solana Soars Double-Digits as Helium Network Announces Merge Date (Decrypt)

  • ๐Ÿ€ NBA-Branded 'Top Shot Moments' NFTs May Be Securities, Judge Rules (CoinDesk)

  • ๐Ÿ›ณ๏ธ Titanic Artifacts to be Tokenized as NFTs (CoinTelegraph)

  • โœ… Matt Hancock MP is Promoting NFTs (FT)

  • ๐ŸŽซ Everything You Need to Know About NFT Ticketing (NFTPlazas)

  • ๐Ÿค‘ MakersPlace Takes NFTs to the Next Level (NFTEvening)

  • ๐Ÿ“ˆ Polygonscan Went Down, Causing Unwarranted Concern of Blockchain Outage (CoinTelegraph)

Blur Overtakes Opensea Within Months of Launch

Blur, a relatively new player in the space, has dethroned OpenSea as the leading NFT marketplace just months after its launch.

Here are the quick facts:

  • Blur, a new NFT marketplace, has overtaken OpenSea to become the leading NFT platform by sales volume.

  • The platform has seen a surge in popularity thanks to its innovative features and user friendly interface.

  • Blur's success could be a sign of the changing landscape in the NFT market, with new players emerging and challenging the dominance of established platforms.

  • As a result of this, OpenSea has announced that it has reduced OpenSea's fees to 0% while making creator earnings optional.

With Blur overtaking OpenSea as the leading NFT platform, the market is becoming increasingly competitive and dynamic. 

Judge Rules "NBA Top Shots" Securities

Big news in the world of NFTs and securities regulations. A judge rules that NBA Top Shot NFTs may be considered securities, adding a new layer of complexity to the legal landscape surrounding NFTs. 

Here are the quick facts:

  • A Judge has ruled that NBA Top Shot NFTs may be considered securities.

  • The ruling comes in response to a case involving NBA Top Shot creator Dapper Labs

  • The decision could have major implications for the wider NFT market and how NFTs are regulated.

  • Some experts are concerned that the ruling could stifle innovation in the NFT space, while others believe it could provide much-needed clarity and structure for the market.

The ruling could have major implications for the wider NFT market and how NFTs are regulated. While some are concerned that it could stifle innovation, others believe it could provide much-needed clarity and structure for the market. 

Uniswap To Allow Traders To Purchase NFTs With Any Ethereum Token

Big news for the world of decentralized finance and NFTs. Uniswap, one of the largest decentralized exchanges on the Ethereum network, has just announced plans to allow traders to purchase NFTs with any Ethereum based token. 

Here are the quick facts:

  • Uniswap announced plans to allow traders to buy NFTs with any Ethereum token.

  • The new feature is part of Uniswap's broader effort to expand the platform's offerings and appeal to a wider range of users.

  • This move could also help Uniswap differentiate itself from othe rdecentralized exchanges on the market.

 With Uniswap launching this feature, the platform is poised to expand on its current market share. 

Litecoin Gets Its First NFTs After Devs Fork BTC Ordinals

Exciting news for Litecoin enthusiasts and NFT collectors! The Litecoin network has just introduced its first NFTs, thanks to a recent fork of Bitcoin ordinals. 

Here are the quick facts:

  • The Litecoin network has introduced its first NFTs.

  • This development is the result of a recent fork in the Bitcoin ordinals protocol.

  • The new protocol allows for the creation and distribution of NFTs on the Litecoin network.

  • The introduction of NFTs on the Litecoin network could have major implications for the future of NFTs and blockchain technology.

  • NFT collectors and enthusiasts are excited about the possibilities for new and unique collectibles on the Litecoin network.

Get ready for a new era in the world of NFTs and blockchain technology. With the introduction of NFTs on the Litecoin network, the possibilities for new and unique collectibles are endless. Meanwhile, Ordinals on BTC are doing incredibly well, with 5,000 new BTC Ordinals created daily. 

New YouTube CEO Bullish On NFTs

Big news for the world of NFTs and the metaverse. The new CEO of YouTube, Neal Mohan, has made a surprising announcement about the company's future plans.

Here are the quick facts: 

  • The new CEO of YouTube, Neal Mohan, has stated that the company is exploring the potential of Web3 and the metaverse.

  • This announcement has caused a stir in the NFT and Web3 communities.

  • The possibilities for viewers to own unique videos, photos, art, and even experiences as NFTs was discussed.

  • Mohan's comments suggest that YouTube is interested in becoming a major player in the metaverse and NFT space.

  • This development could have major implications for teh future of NFTs and the metaverse sicne YouTube is the largest video platform in the world.

This is one event you don't want to miss out on if you're a fan of NFTs and digital art. Mark your calendars, put on your finest attire, and let's flaunt these NFTs in style. 

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