Find regular updates on NFT- the most trending sector of recent times without missing out on key developments and the latest happenings.
The co-founder of NFT powerhouse Yuga Labs, Greg Solano, has declared his decision to step into the position of chief executive officer. Daniel Alegre, who was chief operating officer of Activision Blizzard and served as CEO for about 10 months at Yuga Labs, is making way for the co-founder. Even
E-commerce behemoth eBay reportedly intends to leave the NFT market no later than two years after purchasing KnownOrigin, an NFT marketplace based in Manchester. Sources close to the situation have revealed that roughly 30% of eBay’s Web3 crew has been let go. There has been some upheaval in eBay’s venture
Yuga Labs is rapidly expanding in the NFT sector with strategic moves. The Moonbirds-renowned Proof, a competitor in the non-fungible token creation space, was bought out by the corporation. Yuga Labs CEO Daniel Alegre stated: “As a company committed to championing art, culture, and community on the blockchain, we’re excited
The volume of Ethereum NFTs traded on-chain last week is at its greatest level since the week of Feb. 26, 2023, while Bitcoin NFT trading surely experienced a large surge this autumn. The volume of Ethereum NFTs is increasing because Pudgy Penguins, the third largest NFT collection by market value,
Digital art enthusiasts may now easily and securely buy and store NFTs in one place using Web3 SuperApp Kresus, a supported digital wallet option via Sotheby’s Metaverse. Through Sotheby’s Metaverse, collectors may now purchase digital artworks and save them simply using the Kresus smartphone application. Sotheby’s Metaverse, which debuted over three years
PANZ.NEXTGEN, the community-led startup behind the buzzed-about Bitcoin Ordinals project “Genesis Panz,” is launching its new NFT collection — ‘Lil Z’s Adventure’ — on the Ethereum blockchain. This upcoming ‘Gen2’ collection features 8,880 pandas appearing as younger iterations relative to the Gen1 collection. Similar to Genesis Panz, this Ethereum collection
The Polkadot blockchain has surpassed earlier records established by Solana and Polygon, setting a new record of 4930 NFTs per minute—a significant accomplishment for blockchain and Web3. Unique Network, a Polkadot parachain that specializes in composable NFTs, minted the NFTs for the interactive Web3 game Forever Has Fallen, marking a
A negative ruling has been issued, dismissing the counterclaims of artists Ryder Ripps and Jeremy Cahen in their lawsuit against Yuga Labs, the developer of Bored Ape Yacht Club (BAYC). The verdict also mandates that the duo pay $9 million in disgorgement and additional statutory penalties. A court sided with
Five CR7 NFT holders were given the unique chance to train and interact with Cristiano Ronaldo in Lisbon in November. As part of the latest NFT collection, the CR7 ForeverZone Collection, the lucky owner of the Golden Ticket was given the chance to meet Ronaldo together with other people who
The Ethereum NFT market experienced a remarkable uptick on January 18, with the trading volume reaching an impressive $42.8 million. This marked a significant milestone, surpassing the $40 million threshold for the first time since June of the previous year. Notably, Blur dominated the scene, accounting for a substantial 82%
