NFTs, or non-fungible tokens, captured the investing world’s fancy over the past few years, as high-profile sales of digital art and other digital collectibles such as CryptoPunks soared in popularity ...
The non-fungible token (NFT) market has grown into a multibillion-dollar sector of the crypto industry, with top collections like CryptoPunks and Bored Ape Yacht Club trading for tens of millions of ...
Forbes contributors publish independent expert analyses and insights. Shehan Chandrasekera is the leading expert on cryptocurrency taxes. Non-fungible tokens (NFTs) are digital representations of ...
The NFT marketplace exploded in 2021, generating over $23 billion in trading volume, according to blockchain analytics company DappRadar. That total was up from less than $100 million in the year ...
In just a few weeks in the art world and beyond, NFTs went from an obscure acronym to a 24/7 obsession that has people asking questions about everything from inherent value to authenticity to security ...
Forbes contributors publish independent expert analyses and insights. Carrie Brandon Elliot analyzes international tax issues. Discussion of tax and nonfungible tokens (NFTs) usually focuses on gain ...
It’s been a rough year for NFT (non-fungible token) investors. Between market constrictions, rug pulls and failed projects, many buyers are left holding assets that represent a considerable unrealized ...
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