Ethereum’s NFT market noted its trading volume soaring to $186 million—a 67% increase from the previous week’s $111 million.
NFTs are experiencing a robust recovery, marking a strong start to December with weekly sales of $187 million, according to CryptoSlam.
The US Treasury report acknowledges that many fraudulent activities affecting investors and markets are not unique to digital assets.
eBay has laid off a significant portion of its Web3 team and is now changing its strategy when it comes to NFTs and Web3.
Binance Exchange has launched its new trading platform -the Inscription Marketplace as it looks to bolster tokenization and its dominance
American game retailer GameStop has shut down its NFT marketplace as it looks to move away from the crypto ecosystem
NFT fans have already reportedly sent over $37 billion in value to the NFT market in 2022, which is approximately equal to the whole amount of sales in 2021. As per a recent study by Chainalysis, NFT investors sent $40 billion value in crypto to smart contracts associated with NFT collections and marketplaces last year. Since January […]
After a six-week cooldown period, Solana and Moonbirds arrived on the scene of the bearish NFT market in April. According to DappRadar’s monthly report, the NFT market reached a multimonth trading volume high of $6.3 billion in April, up 23 percent from March and only the third time in the market’s existence. Moonbirds accounted for […]
Mistakes are a part of life but not when it comes to money in the crypto industry. The crypto market is known for its extreme volatility and also, its non-reversible transactions. So what happens when a user accidently presses the wrong button? Other users take advantage. This is what happened to the owner of rock […]
Magic Eden is a Solana blockchain-based NFT marketplace that has raised $27 million in a new Series A funding round. It is important to note that this is one of the most promising NFT marketplaces that aims to give OpenSea a run for its money. The goal of the new funding round was to raise […]
The news that Quentin Tarantino NFTs auction will go place was grabbing every eye at the start of the year. The auction was scheduled to take place from January 17 to January 31. The auction, entitled “TARANTINO NFTs,” features the sale of seven NFTs of uncut scenes from Pulp Fiction that are available exclusively to […]
Kevin O’Leary, a multimillionaire investor and supporter of cryptocurrency, believes that the NFT sector would be worth more than Bitcoin in the coming days. On Jan. 5, O’Leary — also called Mr. Wonderful — told CNBC’s Capital Connection that NFTs have a better chance of attracting capital than Bitcoin since they can tokenize and identify physical assets […]
Samsung, the South Korea-based technology giant, has unveiled a new smart TV lineup that has an integrated non-fungible token (NFT) platform. In a Monday announcement, Samsung stated that the NFT Platform will be available on its 2022 smart TVs like the Neo QLED, Micro LED, and The Frame. The NFT Platform app will allow users […]
Non-fungible tokens (NFT) lending platform that allows users to use NFTs as loan collateral, Arcade has announced that it has raised $15 million in a Series A fundraising round. Pantera, Franklin Templeton Blockchain Fund, Castle Island Ventures, Golden Tree Asset Management, Protofund, Eniac Ventures, Probably Nothing Capital, and Lemniscap were behind the investment along with angel investors […]
The living legend of hip-hop, Snoop Dogg, has released his first non-fungible token (NFT) in collaboration with a well-known digital artist Ryan Colditz (Coldie). This release forms the final Decentral Eyes Portrait Series minted on SuperRare, a digital art marketplace. The NFT will be available for sale from Nov 29 at 7:15 PM UTC and […]
Hong Kong-based gaming software company and venture capital Animoca Brands’ subsidiary and NFT marketplace Quidd have raised a total of $5 million in initial DEX offering (IDO) and private pre-sales. Polkadot project incubator Polkastarter hosted the sale of the token on November 18. The QUIDD’s attraction can be judged with its 2 million token sales […]
Notable growth in the non-fungible token (NFT) arena is the growing variety of social impact projects that use digital art to fundraise for humanitarian causes. Orica, an ethical leveraging technology platform that supports artists and social impact organizations (SIOs) in creating and selling NFTs, is one such endeavor harnessing technology. Launched on November 18 at […]
Famous rapper Post Malone now enters the world of nonfungible tokens (NFT) by promoting a popular NFT project and a crypto firm. In his latest music video called “One Right Now,” with the trending Canadian singer and songwriter The Weeknd, Malone bought an NFT from the Bored Ape Yacht Club (BAYC), one among the world’s […]
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