NFTs Crypto News and Headlines
NFT, NFTs, Non-Fungible Token News
December 02, 3:00 pm
| | NFT Sales Boom in November — Bitcoin Dethrones Ethereum in Market ...
Sales of non-fungible tokens (NFTs) experienced a notable surge in November, with a 129.01% increase in sales volume compared to October. Additionally, NFTs created on the Bitcoin blockchain surpassed those on Ethereum in terms of sales this past month. This shift can be attributed to a marked rise in Ordinal inscription minting and trading activities on the Bitcoin network in recent times. Bitcoin Climbs Past Ethereum in Staggering November NFT Sales Surge
NFTs experienced a vibrant month in sales over the past 30 days, reaching close to $1 billion in transactions, with an exact figure of $944.33 million. This figure represents a slight increase, just above 129%, compared to the $412 million in sales observed in October. However, despite this upsurge, November saw a decline of 20.16% in buyer participation, while seller numbers fell by 18.90%, as reported by cryptoslam.io statistics.
This month marked a significant shift with sales originating from the Bitcoin blockchain surpassing those from Ethereum. In the past 30 days, BTC-based NFT sales reached $382.88 million, exceeding Ethereum's sales by $20.32 million, which totaled $362.56 million. Bitcoin's NFT sales witnessed a significant 1,928.65% surge compared to October's figures. Meanwhile, Ethereum's sales also grew, registe...
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November 30, 9:16 am
| | AI Network's Runo NFT Sellouts Mark Big Win for Decentralized AI
[PRESS RELEASE - Seoul, South Korea, November 30th, 2023]
Asia’s largest decentralized AI ecosystem continues its push toward the democratization of AI.
AI Network, Asia’s largest decentralized AI ecosystem, has achieved three straight sellouts in under three minutes of its recent Runo NFT drops. Runo NFTs entitle holders to provide GPU...
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November 28, 9:43 am
| | BinaryX Launches AI Chat Game 'AI Hero' With Limited NFT Mints
[PRESS RELEASE - Singapore, Singapore, November 28th, 2023]
BinaryX today announced the official launch of AI Hero, an AI-based battle royale adventure game. The team initially released an Open Beta version of the game in October this year. The game combines the best elements of AI technology, Battle Royale and GameFi, offering an immersive and per...
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November 27, 3:08 pm
| | BAYC Investor Reportedly Escapes Losing NFTs to Fake Forbes Journalists
A non-fungible token (NFT) collector has narrowly escaped losing his assets to fake Forbes journalists during a supposed Zoom interview.
In a tweet, Crumz, the pseudonymous Bored Ape Yacht Club (BAYC) owner, detailed his experience with the scammers and how they attempted to steal their NFTs by requesting a banana during the interview.
BAYC User Es...
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November 25, 10:12 pm
| | CoinGecko Acquires Zash to Integrate NFT Data Into its API
CoinGecko, a prominent independent cryptocurrency data aggregator, has recently announced its acquisition of Zash.
This strategic move is set to increase CoinGecko’s cryptocurrency services by incorporating Zash's NFT information into its API, offering users a holistic perspective of fungible and non-fungible tokens.
CoinGecko Announces Its A...
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November 17, 4:05 pm
| | Gondi Launches V2, Unlocking a New Era of NFT Lending
[PRESS RELEASE - New York, USA, November 17th, 2023]
New features include ‘Buy Now Pay Later’, ‘Sell and Repay’, ‘Refinance Lockups’, ‘Flexible Principal’,’Gondi Vaults’, ‘Loan Extensions’, and ‘Flash Actions’
NFT lending protocol Gondi launched V2 of its protocol o...
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November 15, 10:30 pm
| | NHL Dives Into NFT Market With 'Breakaway' Platform, Amidst Shifting Dig...
The National Hockey League, the NHL Players' Association, and the NHL Alumni Association have collaborated with the non-fungible token (NFT) firm Sweet to introduce NHL Breakaway, a digital collectibles platform. The NHL says the collectibles enable fans globally to collect, gift, trade, and showcase highlights and significant moments from NHL hist...
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November 14, 8:00 pm
| | Dapper Labs Partners With Disney to Launch NFT Pin-Collecting Platform
Dapper Labs, known for its non-fungible token (NFT) collection NBA Top Shot, has unveiled Disney Pinnacle, its latest endeavor. This new platform is set to transform the traditional pin-collecting hobby into a digital experience, featuring characters from Disney's long-standing history, Pixar, and the Star Wars universe. Dapper Labs announced the o...
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November 10, 7:00 pm
| | Algorand (ALGO) NFT Rewards Skyrocket: Transactions Surge 320% In Q3
Algorand (ALGO), a smart contract platform employing the Proof-of-Stake (PoS) consensus mechanism, has showcased notable progress in the third quarter (Q3) of the year, as reported by Messari.
Despite facing some challenges, the platform has seen remarkable growth in its ecosystem and significant developments in various aspects of its platfor...
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November 09, 10:30 am
| | NFT Giant Opensea Retrenches an Unknown Number of Employees
Opensea recently retrenched an unknown number of employees as part of what the CEO Devin Finzer describes as a rebuilding exercise. According to the CEO, taking this step helps Opensea build a foundation which enables it to innovate faster.Smaller Team With Direct Connection to Users
Opensea, one of the largest non-fungible token (NFT) marketplaces...
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November 09, 2:00 am
| | Bitcoin Dominates: Overtakes Ethereum In 24H NFT Sales Volume For The Fi...
In a turn of events within the non-fungible token (NFT) market, Bitcoin (BTC) has achieved a significant milestone by surpassing Ethereum (ETH) in 24-hour NFT sales volume. This marks the first time that Bitcoin has outperformed Ethereum in this aspect.
BTC’s NFT Breakthrough
Bitcoin's recent achievement of surpassing Ethereum in 24-hour NFT ...
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November 08, 10:30 pm
| | Bitcoin Flips Ethereum for the First Time in 24-Hour NFT Sales Shift&nbs...
On Wednesday, November 8, 2023, the Bitcoin blockchain saw its non-fungible token (NFT) asset sales surpass those on the Ethereum platform, marking a historic shift during a single-day span. According to the analytics provided by cryptoslam.io, Bitcoin-based NFT transactions amounted to $17.17 million, eclipsing the $15.77 million in Ethereum NFT s...
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November 08, 5:55 pm
| | Coatue Slashes OpenSea's NFT Marketplace Valuation by 90%: Report
American tech-focused investment manager Coatue Management has reportedly marked down its stake in OpenSea, one of the leading NFT platforms.
According to documents reviewed by The Information, Coatue reduced its previously valued $120 million stake in OpenSea to just $13 million during the second quarter of 2023.
Coatue Slashes OpenSea Stake by 90...
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November 07, 10:15 am
| | NFT Industry Stages a Comeback After Dwindling Sales: Nansen
Non-fungible token (NFT) was one of the worst-hit sectors in the digital asset industry, following a year-long downward trend.
Dwindling sales and low volume raised doubts about the sustainability of NFTs. However, the market appears to be slowly making a comeback. The latest data indicates that the NFT industry has witnessed a consistent rise in i...
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November 06, 6:30 pm
| | The Simpsons Satirizes NFT Mania in Latest 'Treehouse of Horror' Episode
On Sunday's anticipated Halloween special, The Simpsons unveiled its thirty-fourth 'Treehouse of Horror' episode, showcasing Bart's transformation into a non-fungible token (NFT) by Homer. In a twist of events, Marge rescues Bart from the blockchain's abyss, only for Homer to willingly become an NFT, subsequently.'Wild Barts Can't Be Token'
The lat...
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November 05, 5:30 pm
| | NFT Markets Rebound With 18% Rise to $106M; Bitcoin NFTs Take Second Pla...
Between October 29 and November 5, 2023, sales of non-fungible tokens (NFTs) rose by 18.30% compared to the week before, reaching a high of $106.32 million. This week's NFT statistics reveal an uptick in activity, with the number of buyers and sellers climbing by 17.77% and 15.82%, respectively.NFT Market Revives With 7-Day Gains
Following a period...
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November 03, 2:00 am
| | Polygon's NFT Sales Skyrocket By 131% To $20 Million In Q3 2023
Polygon (MATIC), a Layer 2 (L2) blockchain network, experienced remarkable growth in the third quarter of 2023. According to a report by Messari, the platform witnessed a significant increase in non-fungible token (NFT) sales, successful network upgrades, and the activation of a new token.
Polygon NFT Sales Skyrocket
Per the report, in ...
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November 02, 6:00 pm
| | October's NFT Market Contracts Over 21%, With Ethereum's Share Shrinking...
October proved to be a beneficial period for the broader crypto asset landscape; however, it cast a shadow on the non-fungible token (NFT) sector, witnessing a 21.64% dip in sales. Ethereum's NFTs took the lion's share, amassing $171 million out of the $313 million total, despite experiencing a 17.26% decrease in sales volume over the course of the...
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November 02, 11:26 am
| | Vernissage at kanvas: First Viewing of Immersive NFTs
Dear Crypto fam, today we are looking into an event put on by an amazing couple, coming up in the Dubai NFT scene.
Team VESA and Vernissage have become fast friends, as the two entities share a similar vision for fine art NFTs and maturing of the market. VESA co-Founder Lotta has also helped Vernissage in storifying their message, some of which is ...
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October 26, 9:00 pm
| | LooksRare Monthly NFT Trading Volume Flash Crashes 97% In October: What'...
The monthly trading volume of LooksRare, a decentralized non-fungible token (NFT) and digital collectible marketplace, is down 97%, crashing from $71.9 million registered in September 2023 to just $2.1 million in October, Token Terminal data shared by Web3 Academy on October 26, via X shows.
LooksRare's Monthly Volume Tanking, Falls To $...
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October 23, 5:34 am
| | Q3 2023 Was the Worst Quarter for NFT Sales in 3 Years: Report
Non-fungible token (NFT) sales in Q3 2023 were the worst the market has seen in roughly three years.
According to a Binance Research report, the NFT sector recorded $299 million in sales in Q3, attributed to a slump in the price of ether (ETH) and the floor prices of most collections.
Worst Quarter For Sales In Three Years
Binance researchers said ...
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October 22, 3:45 pm
| | Layer 2 and DeFi Shine in 2023 as NFTs Lose Their Luster: Nansen
In 2023, the Ethereum blockchain witnessed intriguing transformations in the way users and entities engage. According to Nansen's recent report, there has been a remarkable surge, with more than 300,000 daily active Ethereum addresses.
Among these active addresses, DeFi entities have maintained their position as the dominant players. As of October ...
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October 21, 2:30 pm
| | NFT Sales Spike 12.62% Higher Than Last Week, Breaking Two-Month Downtur...
Parsed data from the week spanning October 14-21, 2023, reveals an upward trend in non-fungible token (NFT) sales, with a 12.62% surge from the previous week. Both buyer and seller participation swelled, by 15% and 17% respectively, resulting in approximately $70.51 million in NFT transactions.NFT Sales Break Free From Two-Month Dip
Following a per...
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October 19, 1:36 pm
| | Doge Uprising (DUP) Announces Presale Launch: A Trailblazing Crypto Proj...
[PRESS RELEASE - Boston, Massachusetts, October 19th, 2023]
Doge Uprising ($DUP) is a brand new crypto presale set to make its mark in Q4. This project stands out from the crowd with its unique features. Its detailed roadmap paints a vibrant picture of a Web3 universe enriched by an exclusive NFT collection and an interactive manga series.
Doge Up...
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October 11, 2:00 pm
| | Ronaldo and Binance Release Third NFT Collection with Exclusive Fan Priz...
Soccer legend Cristiano Ronaldo and Binance announced the launch of their third NFT collection: The CR7 ForeverZone, which features 50,000 limited-edition mystery boxes, will be made available for free to new and existing users of the exchange.
This marks the latest development in the ongoing collaboration between Ronaldo and Binance, with the shar...
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October 08, 6:30 pm
| | NFTs Can't Catch a Break as Protracted Drop in Sales Continues
For the seventh week straight, non-fungible token (NFT) sales have slipped further. In the last week alone, NFT transactions totaled $66.11 million, marking an 11.65% decline from the previous week.NFT Sales Bleed Out: The Unrelenting Seven-Week Descent
Although the broader crypto market experienced some uplift, NFT sales didn't mirror this positiv...
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October 01, 4:30 pm
| | NFT Sales Slide 9.91% Continuing a 6-Week Downtrend Despite Rising Crypt...
Sales of non-fungible tokens (NFTs) have slid once more this week, dipping to 9.91% below the preceding week's figures. Data reveals that in the span from September 24 to October 1, 2023, around $72,767,450 worth of NFT sales have been logged, marking the latest seven-day stretch.NFT Sales Continue to Slide
While the crypto economy has risen over t...
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September 24, 7:30 pm
| | NFT Sales Doldrums: 30-Day Plunge Sees 34% Decline Amidst Chilling Digit...
Fresh data indicates a continuing decline in non-fungible token sales, dipping 3.2% in the last week and plummeting 34% over the past month. As September nears its end with six days remaining, NFT sales have tallied up to $341.37 million since August 24.NFT Sales Still Can’t Escape Crypto Winter’s Wrath
This September, over the last sev...
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September 24, 7:49 am
| | NFT Demise Rumors May Be Far-Fetched, CoinGecko's Report Shows Interesti...
The recent eye-catching post calling the demise of non-fungible tokens (NFTs) has stirred strong reactions in many. The NFT sector, in general, witnessed a significant slump owing to the broader market downturn.
However, a recent CoinGecko report presents a contrasting perspective.
CoinGecko Weighs in on NFT Market
The NFT that boasts the highest p...
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September 15, 2:00 am
| | Mila Kunis and Ashton Kutcher's Stoner Cats NFT Sales Surge by 2,433% Af...
Following the U.S. Securities and Exchange Commission's (SEC) charges against Stoner Cats, the NFT project backed by Mila Kunis, the digital collectibles have witnessed a staggering surge in sales, soaring by a significant 2,433% within a mere 24-hour span. On September 14, the Stoner Cats' floor value experienced a notable uptick, surging to 0.084...
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September 14, 4:29 pm
| | SOLD OUT Synthopia NFT Drop & Updates
Listen up, degens
Summer’s out, and it is time to gear up for another season of Web3 and NFTs. Team VESA has enjoyed the refreshing (too much so at times) weather of our native Finland and some interesting connections and projects have immediately sprouted. Currently, VESA is in Switzerland for a top Web3 conference with the fastest growing c...
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September 13, 9:00 pm
| | SEC Charges Stoner Cats With Alleged Unregistered $8 Million Securities ...
In a recent move that intensifies the Securities and Exchange Commission's (SEC) crackdown on the Non-Fungible Token (NFT) sector, the SEC has charged Stoner Cats 2 (SC2) with conducting an 'unregistered offering of crypto asset securities.'
The charges specifically target Stoner Cats' sale of non-fungible tokens, which raised approximately $...
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September 13, 6:00 pm
| | SEC Charges Stoner Cats Over $8M Unregistered NFT Offering: Mila Kunis-B...
The Securities and Exchange Commission (SEC) charged Stoner Cats 2 LLC (SC2) with conducting an unregistered offering of crypto asset securities in the form of non-fungible tokens (NFTs) that raised about $8 million from investors to finance an animated web series. SEC Slaps Stoner Cats 2 With Charges: NFTs Deemed Unregistered Securities in $8M Off...
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September 11, 4:27 am
| | Glass Protocol's Founders to Walk Away Due to Lacking Demand for Video N...
Sam Sends and Varun Iyer, the founders of the VC-backed protocol aiming to monetize NFT videos, said they will abandon the project due to low demand two years after its launch.
Glass Protocol's email address will remain open for questions, but the Telegram channel will be closed.
The NFT market experienced a rapid surge in demand back in 2021, out...
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September 10, 9:00 am
| | Vitalik Buterin's X (Twitter) Account Compromised, Iconic NFT Reportedly...
Vitalik Buterin, the co-founder of the second-largest blockchain, Ethereum, had his X account hacked to portray a phishing site that reportedly drained over $800,000.
The fraudulent post has been deleted since, and the account has been restored.
The blockchain security resource PeckShield was among the first to alert about the ongoing hack later l...
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September 09, 4:00 pm
| | Fourth Consecutive Week of Decline: NFT Sales Dip 6.75%
Non-fungible token (NFT) sales took yet another dip this week, marking the fourth consecutive week of decline, albeit a slight one, with a decrease of 6.75%. From September 2, 2023, to September 9, the total sales for this week amounted to approximately $80.69 million, with a notable chunk of $42.61 million originating from the Ethereum blockchain....
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September 06, 12:06 pm
| | Château EDMUS invents NFT wine allocations
[Press Release - Paris, France, September 6th, 2023]
Château EDMUS remains in the cutting age of innovation. After a successful experiment with a first NFT Sale in 2022, the estate run by Laurent David, a new winegrower with a passion for innovation and President of La WineTech, is creating a new concept in the industry: the exclusive distrib...
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September 02, 3:30 pm
| | NFT Sales Slide for Third Consecutive Week Amid Crypto Downturn
Sales of non-fungible tokens (NFTs) have taken another hit, declining over 10% from the previous week, with transactions totaling $85,046,840 since Saturday, August 26, 2023. This marks the third consecutive week of falling NFT sales, reflecting the broader crypto economy's downturn and its significant impact on the NFT marketplace.Can NFTs Rally i...
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August 31, 10:59 am
| | METASMART TV: Your NFT Collection Using Your TV
Innovative solutions for TVs at the IFA: Gazer presents new software
The process of creating art objects and then selling them has long gone beyond the material world. Brushes and canvas are no longer needed when creating your own masterpieces. The same applies to connoisseurs of museums and galleries. You no longer need to visit them physically be...
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August 29, 7:48 am
| | In a First for NFT Sector, SEC Charges Impact Theory Over Unregistered S...
The United States Securities and Exchange Commission (SEC) brought its first enforcement action against a player in the non-fungible token (NFT) space charging Impact Theory of engaging in an unregistered securities offering.
The financial regulator claimed that Impact Theory - a Los Angeles-based media and entertainment - sold approximately ...
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August 27, 5:30 pm
| | NFT Sales Dip 14%, Yet Buyers Increase: Weekly Report Reveals $91 Millio...
According to the latest statistics, sales of non-fungible tokens (NFTs) have taken a 14% dip compared to the preceding week, tallying up to $91.86 million in the past seven days. Interestingly, the count of purchasers rose by 38%; however, NFT transactions witnessed a decline of over 30% during this week.NFT Transactions Dip Over 30% Amid 14% Sales...
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August 27, 9:22 am
| | Blue-Chip NFTs Struggle, Floor Prices Drop Over 25% in 30 Days: Report
Data analyzed by the on-chain analytics platform Nansen shows that blue-chip non-fungible tokens (NFTs) are struggling, and their floor prices have plunged significantly.
According to the firm, the floor prices of most blue-chip NFTs crashed by more than 25% in the last 30 days. At the same time, the prices of a few collections recorded significant...
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August 25, 10:22 pm
| | Donald Trump NFT Collection's Value Soars After Tucker Carlson Interview
Following an appearance by former President Donald Trump on Tucker Carlson's X-based interview show, the value of Trump's baseball card-style NFT collection saw a notable surge.
According to reports, the 45,000-card polygon-based Trump Digital Trading Cards' price increased from 0.1 ether ($150) last week to approximately 0.13 ether ($215) after th...
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August 25, 5:30 pm
| | Trump Mugshot Fuels NFT Sales: Ex-President's Digital Cards Jump 426%&nb...
After a mugshot of the 45th U.S. president, Donald Trump, was snapped at Fulton County Jail in Atlanta, his NFT trading card sales skyrocketed. Cryptoslam.io data shows a whopping 426% surge in Trump's digital card sales in just 24 hours.Trump's Unprecedented Mugshot Sparks NFT Card Gold Rush
The saga began when Trump dodged the primary Republican ...
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August 24, 2:30 pm
| | Bored Ape Yacht Club NFTs Face Sharp Decline Amid Broader Crypto Slump
Recent data paints an intriguing picture for the blue-chip non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC). Over a six-month span, its floor price tumbled from 76 ether down to a mere 21.99 ether. However, as of now, the BAYC floor is navigating a range of 23.90 ether to 24.65 ether, reflecting a significant drop of over 70% in its ...
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August 23, 7:00 pm
| | Rarible To Stop Aggregating Orders From These Three NFT Marketplaces &nd...
Non-fungible token (NFT) aggregator Rarible has plans to cease aggregating orders from marketplaces OpenSea, LooksRare, and X2Y2. The decision comes after OpenSea decided to shift to an optional royalty model.
On Thursday, August 17, OpenSea disclosed that royalties - pay cuts from secondary sales - will become optional for new NFT collections afte...
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August 21, 4:45 pm
| | Cardano NFT Floor Price Skyrockets, Exceeding Ethereum: Data
In recent years, the non-fungible token (NFT) space has expanded into a billion-dollar industry, with Ethereum traditionally leading the way as the dominant ecosystem. Cardano, on the other hand, faced criticism from numerous quarters, being labeled a 'ghost chain' due to its absence of a DeFi and NFT economy. However, the NFT landscape is undergoi...
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August 21, 3:15 pm
| | NFT Platform RECUR to Shut Down After Raising $50M Two Years Ago
RECUR, a non-fungible token (NFT) company that raised $50 million in an investment round nearly two years ago, has become the latest victim of the current bear market.
Over the weekend, the NFT platform announced that it plans to gradually shut down its operations starting this month, with a full business closure slated for November.
RECUR Calls It...
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August 21, 2:30 pm
| | As Ordinal Transaction Dominance Soars, NFT Advocates Question Bitcoin's...
Metrics reveal a significant day for the Bitcoin blockchain as 411,511 Ordinal inscriptions were minted Sunday, clinching the title of the second most prolific day for inscriptions ever. Additionally, over the past seven days, Ordinal inscriptions represented a hefty 53.9% of all transaction activity on the Bitcoin network.Ordinals' Unprecedented I...
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August 21, 4:32 am
| | Bored Ape Investors Sue Yuga Labs, Sotheby's, 28 Others as NFT Prices Pl...
A group of four investors who invested in the popular NFT collection Bored Ape Yacht Club (BAYC) has filed a class action suit against the project's creator, Yuga Labs, and 29 other companies for misleadingly promoting the collectibles as their prices continue to tumble.
According to a CNN report, other defendants mentioned in the lawsuit include a...
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