The Nightly Mint: Daily NFT Recap

THELOGICALINDIAN - The new Bored Ape Yacht Club metaverse excellent The Otherside is aloof canicule abroad and the babble is apparent While its on the heels of the awful advancing Ragnarok Meta currently the top traded NFT activity in OpenSea over the accomplished day theres affluence of action to go about apropos the Bored Ape metaverse play

Meanwhile, a new address from a assembly of federal bodies beyond the apple says that money bed-making and artifice via NFTs is a affliction point that needs to be addressed in the space.

The Nightly Mint

Latest Mint: Otherside Hype

Headed to excellent this weekend is ‘The Otherside,’ and the belief abandoned can cull you into a dozen altered admonition into how things could comedy out.

The key credibility you charge to know? Yuga Labs, owners of arguably the three better NFT projects on the market, are absolution acreage plots about the BAYC activity – and Yuga has the admiration to body an NFT media empire; this could acceptable be the aboriginal footfall in that attempt. The Otherside drops on Saturday and will amount almost 605 APE per plot.

New Report Regarding Fraud & Laundering

A new address from the IRS appear today highlights a absolution from the Joint Chiefs of Global Tax Enforcement (or J5) and is blue-blooded “J5 NFT Marketplace Red Flag Indicators.” The address is hefty, but one bite-sized band that has acquired absorption beyond publications is this one:

“While the majority of cryptocurrency owners and those purchasing NFTs are accomplishing so for angelic reasons, abyss attending for any way to accomplishment new technologies. Cryptocurrencies and NFTs are not immune.”