NFT News Daily Today TheBitTimes.com

A parliamentary committee in the United Kingdom has called for stricter regulations on sports fan tokens and has proposed that the government establish a code of conduct for NFT platforms. In a bipartisan move, a parliamentary committee in the UK has strongly recommended that the government takes measures to safeguard the rights of creators in the face of copyright violations linked to nonfungible tokens (NFTs). Additionally, the committee aims to tackle potential issues arising from sports organizations releasing digital assets. In a press release dated October 11, the Culture, Media and Sport Committee emphasized that the most critical concern is the threat to artists’ intellectual property rights due to the rapid and easy minting of NFTs, in stark contrast to the sluggish process artists encounter when attempting to protect their rights. Dame Caroline Dinenage, the committee’s chair, expressed concern, saying, “Artists face the risk of their hard-earned creations be...

A few mid and low-cap altcoins registered significant upside price movements last week. According to the market intelligence platform with on-chain and social metrics, Santiment, investors should pay close attention to the market whenever such moves happen. There was unexpected big #altcoin movement to end the week, as sharks and whales shuffled around some mid and low cap assets. $MTL, $POWR, $AERGO, and $DIA were among the largest we have picked up, and any time smaller assets like these see $10M+ moves, they're worth watching. pic.twitter.com/SUjydOanyY — Santiment (@santimentfeed) May 20, 2023 The altcoin market of the past week experienced some whale activities, with MTL, POWR, AERGO, and DIA among the top movers. Data from Santiment shows that, on average, each of these altcoins registered trans action s worth over $10 million. That suggests that altcoin whales may be significantly interested in them. Metal (MTL) topped the top trans action s chart amo...