The platform known as Huanhe, or Magic Core, is the latest victim of Beijing's crackdown on NFT trading, Jiemian.com said, citing Tencent insiders

The firm - founded by Australian videogaming entrepreneurs - said the funding was backed by Liberty City Ventures and Kingsway Capital

The largest NFT marketplace, OpenSea, saw monthly sales volume drop to $700 million in June, down from $2.6 billion in May

Tencent Holdings, Ant Group, Baidu and JD.com are among signatories to a pact to stop secondary trading in NFTs and other digital collectibles

The move by the Tencent-owned site is in reaction to a government edict that bans speculation in NFTs and other digital assets, the Hong Kong paper said

Nathaniel Chastain, a former employee of OpenSea, the world's biggest NFT marketplace, was charged with wire fraud and money laundering

The High Court in the city-state granted a worldwide injunction to a man who had owned the Bored Ape NFT, which he used as collateral for a loan

Instagram, Twitter, Facebook and chat platforms Discord and Telegram are key platforms crypto hacks use to mount scams, report says

The first quarter figure is the largest quarterly sum ever and more than double the level seen in the same period a year ago, according to data from Pitchbook

Bollywood star Vishal Malhotra is crowdfunding his film ‘Ilm’ – Urdu for knowledge – by raising funds through non-fungible tokens

Pili International Multimedia, which makes Taiwan's longest-running television show, says it wants to use NFTs as another source of revenue

Sotheby's has already sold NFTs, the ubiquitous digital objects that are linked to pieces of art or other items, for millions of dollars over the past year