Compressed NFTs reduce minting costs and optimize blockchain resource usage for high-volume applications. They utilize Merkle trees to bundle data into a single root hash, minimizing on-chain storage ...

Non-fungible tokens have made lots of headlines for the incredible prices some of them have garnered. In December 2021, for example, an NFT created by the artist Pak dubbed “The Merge” went for a ...

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NFTs have exploded in popularity, but with that growth comes new tax challenges. From IRS and CRA guidance to global compliance, this article explores how NFT transactions are taxed and what ...