{"id":170115,"date":"2023-01-25T21:27:22","date_gmt":"2023-01-25T21:27:22","guid":{"rendered":"https:\/\/precoinnews.com\/?p=170115"},"modified":"2023-01-25T21:27:22","modified_gmt":"2023-01-25T21:27:22","slug":"binance-tightens-nft-rules-nifty-newsletter-jan-18-24","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/binance-tightens-nft-rules-nifty-newsletter-jan-18-24\/","title":{"rendered":"Binance tightens NFT rules: Nifty Newsletter, Jan. 18\u201324"},"content":{"rendered":"<p>In this week\u2019s newsletter, read about how nonfungible token (NFT) sales reached 101 million in 2022. Learn how NFTs can be used to summon defendants who cannot be reached using traditional methods, and see how toys play a role in the NFT and Web3 ecosystem. Check out how Binance is tightening its rules on NFT listings, and don\u2019t forget this week\u2019s Nifty News, featuring the resurgence of former U.S. President Donald Trump\u2019s NFTs.\u00a0<\/p>\n<h2>NFT sales topped 101 million in 2022: DappRadar report<\/h2>\n<p>A report published by decentralized app tracker DappRadar shows that NFT sales in 2022 reached 101 million, representing a 67.57% increase compared with 2021.<\/p>\n<p>The report also shows that the Ethereum blockchain remains the top contender in the NFT ecosystem, with 21.2 million transactions processed in the year. The network is followed by WAX (14.5 million), Polygon (13.3 million) and Solana (12.9 million). <\/p>\n<p><strong>Continue reading\u2026<\/strong><\/p>\n<h2>NFT court orders could become a norm in crypto-related litigation: Lawyers<\/h2>\n<p>In blockchain-based crimes where defendants are unreachable, crypto lawyers believe that serving court orders through NFTs could be a solution. Agustin Barbara, managing partner of The Crypto Lawyers, said that summoning defendants through NFTs is a good tool for blockchain crime when it\u2019s impossible to identify bad actors. <\/p>\n<p>In this situation, summoning the unknown entity would be conducted by sending an NFT court order to the blockchain wallet address where the stolen assets are held. Barbara believes that this is a good way to reach the accused when standard methods like sending an email don\u2019t work. <\/p>\n<p><strong>Continue reading\u2026<\/strong><\/p>\n<h2>NFT Steez and Cryptoys CEO discuss the future of toys and entertainment within Web3<\/h2>\n<p>Cointelegraph\u2019s podcast <em>NFT Steez<\/em> interviewed Will Weinraub, founder of Cryptoys, to talk about the role of toys in the NFT and Web3 space. Weinraub discussed various points, including the adult craving for the element of play and the evolution of play in gaming and NFTs. <\/p>\n<p>Apart from this, the NFT executive highlighted that crypto and tokenomics are an important foundation in blockchain gaming and said that the sector would likely develop more in the next year.<\/p>\n<p><strong>Continue reading\u2026<\/strong><\/p>\n<h2>Binance tightens rules on NFT listings<\/h2>\n<p>Crypto exchange Binance has made stricter rules for NFT listings. In an announcement on Jan. 19, the exchange said it would delist NFTs with an average daily trading volume below $1,000 from Nov. 1, 2022 to Jan. 31, 2023. This will apply to NFTs listed before Oct. 2, 2022.<\/p>\n<p>Apart from this, NFT artists will only be able to mint up to five digital collectibles in a day starting Jan 21, 2023. The company said that all NFTs not meeting the new requirements would be delisted from the platform on Feb. 2, 2023. <\/p>\n<p><strong>Continue reading\u2026<\/strong><\/p>\n<h2>Nifty News: Trump NFTs surge 800%, Yuga Labs blacklists NFT exchanges and more<\/h2>\n<p>The NFTs released by former United States President Donald Trump spiked in sales volumes, up to 800%, according to NFT sales tracker CryptoSlam. Some believe the surge is connected to Trump\u2019s return to social networks ahead of the 2024 U.S. elections. <\/p>\n<p><strong>Continue reading\u2026<\/strong><\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-01\/43adc850-7dbd-4fa8-811b-9eb32b6c1983.jpg\"><\/p>\n<p>CHECK OUT COINTELEGRAPH\u2019S NFT STEEZ PODCAST<\/p>\n<p><em>Thanks for reading this digest of the week\u2019s most notable developments in the NFT space. Come again next Wednesday for more reports and insights into this actively evolving space.<\/em><\/p>\n<p>Source: <a href=\"https:\/\/cointelegraph.com\/news\/binance-tightens-nft-rules-nifty-newsletter-jan-18-24\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this week\u2019s newsletter, read about how<\/p>\n","protected":false},"author":3,"featured_media":170114,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Binance tightens NFT rules: Nifty Newsletter, Jan. 18\u201324 - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/crypto\/binance-tightens-nft-rules-nifty-newsletter-jan-18-24\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Binance tightens NFT rules: Nifty Newsletter, Jan. 18\u201324 - 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