Tue, April 23

NFT Volume Witnessed Nearly 50% Decline YoY in 2023

The volume of NFT trades in 2023 was almost half of what it had been in 2022. The figure dropped from $26.3 billion to $11.8 billion, as reported by CoinGecko.  Crypto investors have mostly ignored NFTs in the last two years after the meteoric rise in value of blue chip

January 19, 2024 1 min read

OpenSea 2.0 Aims to Elevate NFT Marketplace Experience

A major NFT marketplace, OpenSea, is working on an update to its platform called OpenSea 2.0. In light of the fact that NFT categories are always evolving in response to new use cases, CEO Devin Finzer has said that this update is an effort to improve the user experience and

January 15, 2024 2 mins read

Retail Gaming Giant GameStop Pulls the Plug on NFT Marketplace

Having launched its NFT marketplace about fifteen months ago, publicly listed video game retailer GameStop has chosen to say goodbye to it. Unfortunately, GameStop will no longer be supporting the marketplace that lets users buy and sell gaming NFTs and other collectibles on Loopring and Immutable X. A message on

January 13, 2024 1 min read

X (Twitter) Reportedly Disables NFT Profile Images Feature for Users

Social media behemoth X (Twitter) has disabled support for NFTs on its premium membership section. Earlier, according to the support page, Premium subscribers have the option to create and personalize their profile pictures so that they may display the NFTs they possess in a hexadecimal profile photo. After the user

January 11, 2024 1 min read

Polygon Surpasses Solana in Daily NFT Sales Volume, Secures Third Place

Over the last day, Polygon NFT volume has surpassed Solana (SOL) volume. Data from CryptoSlam shows that the popular Ethereum-based Layer-2 scaling protocol has surpassed Solana to take third place, after Ethereum (ETH) and Bitcoin (BTC). Polygon’s daily sales volume for the last 24 hours was $7,745,969, according to CryptoSlam

January 8, 2024 1 min read

Logan Paul Initiates Buy-Back Program for CryptoZoo NFT Investors

After promising NFT purchasers a year ago, YouTuber and social media personality Logan Paul is now going to pay out some of the disappointed investors in his formerly lofty CryptoZoo NFT game. Moreover, for everyone who planned to play CryptoZoo, Logan has announced a “buy back” scheme that would repurchase

January 5, 2024 1 min read

Modex Unveils Second NFT Drop After 3-Hour Collection Sellout Debut with FIFA+ Collect

In collaboration with FIFA+ Collect Club, the forerunners in the nascent field of digital art and football fandom, Modex is pleased to unveil a new collection and disclose a ground-breaking accomplishment: its exclusive NFT drop sold out in an incredible three hours. The limited edition NFT Membership Cards from FIFA+ Collect

December 19, 2023 2 mins read

OKX NFT Marketplace Tops Charts with $50M Daily Trading Volume

The 24-hour trading volume of known NFT markets, including OpenSea, Blur, and Magic Eden, was eclipsed by the NFT arm of crypto exchange OKX. According to DappRadar, the OKX NFT Marketplace had a daily trading volume of over $50 million at roughly 10:00 am UTC on December 18. The platform’s

December 18, 2023 1 min read

Millions Worth NFTs Stolen as NFT Trader Platform Hacked

The peer-to-peer trading platform NFT Trader was compromised in a major way. Many valuable NFTs were stolen in this incident, including BAYC. In the aftermath of the hack, NFT Trader issued an urgent appeal to its customers, requesting that they remove access to two compromised smart contracts. The purpose of

December 17, 2023 2 mins read

Chinese Telecom Operator Unveils NFT Marketplace ‘LinkNFT’

On December 15, China Mobile, the biggest telecom operator in China, made a major announcement by unveiling LinkNFT, a free NFT marketplace. The major goal is to facilitate the launch of a new digital economy and society by giving the people of Hong Kong simple access to the Web3.0 Internet,

December 16, 2023 2 mins read