Find regular updates on NFT- the most trending sector of recent times without missing out on key developments and the latest happenings.
The closure of RTFKT has been announced. RTFKT was the creators of the NFT sneakers and avatars that Nike purchased in 2021. The company announced its plans to cease operations by January 2025 in a post on X on December 2. In December, RTFKT will issue its last collection, the
The NFT market, once a big hit in the crypto world, is starting to recover after months of slowdown. According to recent CoinGecko data shows the market has grown 17.3% to $8.8 billion in December, with daily trading volumes up nearly 48% in the past day. November also saw a
As interest in digital collectibles continues to rise, sales of non-fungible tokens (NFTs) surged by 57.8 percent in November, continuing their monthly upward trend. An analysis by analytics firm CryptoSlam revealed on December 1st that NFTs saw a significant uptick in sales volume over October, reaching $562 million. NFT monthly
In a settlement with the class action lawsuit, Shaquille O’Neal has consented to pay $11 million. The complaint was filed by holders of the Astrals NFT collection. Judge Federico Moreno must now decide whether or not to approve the settlement. Which was presented as an uncontested proposal on Monday in
The substantial advances in the cryptocurrency market drove a weekly sales volume of $181 million for non-fungible tokens. According to statistics compiled by CryptoSlam, a digital collectibles tracker, NFTs sales volume recorded for $181 million in the seven days ending November 17th. Compared to the previous week, when NFTs only
The Executive R0AR Society NFT collection is gearing up for launch on the Opensea Launchpad. The R0AR decentralized finance platform has a range of features and use cases, including an Ethereum DEX, yield farming, and a DAO. Holders of the ERS collection will be able to access exclusive features and
Aurelien Michel, the developer behind the controversial Mutant Ape Planet NFT collection, has been sentenced to a month of incarceration and ordered to forfeit $1.4 million in fraud-related penalties. The decision, handed down by U.S. District Judge Margo Brodie, comes as part of a case involving Michel’s alleged scheme that
Despite a general market slump, weekly sales of non-fungible tokens (NFTs) reached a high, surpassing levels not seen since August. The NFT market tracker CryptoSlam reports that sales peaked at around $84.9 million per week from September 30th to October 6th. Since the week ending August 25, when it surpassed
The NFT market recently witnessed a significant transaction with CryptoPunk 1563 being sold for a staggering 24,000 ETH, equivalent to over $56.3 million. This sale, which occurred on October 4, stands as one of the most prominent in the history of NFTs. The buyer, identified as 0x9cbb3d, used a flash
Bringing together the best of both worlds, Pos Indonesia, the state-owned postal service of Indonesia, has released its first-ever postage stamps including non-fungible token (NFT) equivalents. “Cenderawasih,” which translates to “bird of paradise,” is the subject of Pos Indonesia’s first NFT stamp, which the organization announced on its Instagram page.
