Find regular updates on NFT- the most trending sector of recent times without missing out on key developments and the latest happenings.
Even though Donald Trump seems to have warmed up to cryptocurrencies and bitcoin after releasing his initial set of digital trading card NFTs in late 2022, demand for the NFTs has undoubtedly waned. Trading volumes for NFTs have been rather steady in recent months, according to The Block Data Dashboard,
Binance has phased out of supporting Bitcoin (BTC) non-fungible tokens (NFTs) shortly after adding them to its marketplace. Binance revealed its plans “to streamline product offerings” on the Binance NFT marketplace in a blog post that was published on April 4th. In keeping with these initiatives, the exchange’s marketplace will
Odyssey, Starbucks’ two-year NFT Program, will come to a close at the end of the month. The news was first shared by Steve Kaczynski, who is the community lead for Starbucks Odyssey. The decision is made at a time when the NFT market is going through a tough patch, with
Amidst a continuous downturn in the NFT market, the Bored Ape Yacht Club (BAYC) has witnessed its floor price plummet to 17.55 ETH or $66129.98, marking a significant dip since August 2021, when it last dipped below 20 ETH. This decline represents a significant 189% decrease from its peak of
According to a statement by Magic Eden’s CEO and co-founder, Jack Lu, the platform’s sales reached $50 million, which caused a stir in the world of digital assets. Magic Eden is a well-known decentralized NFT marketplace. As the community’s euphoria around the possible rebirth of the NFT arena is reflected
Ethereum Layer 2 network, Blast, celebrated the launch of its mainnet on Thursday, marking a milestone in its journey. The platform, boasting assets including approximately 469,000 ETH, 77.3 million USDC, 67.1 million USDT, 148,000 stETH, and 24.7 million DAI, is now allowing users to withdraw their funds, according to data
Yuga Labs, a leading NFT studio renowned for its iconic Bored Ape Yacht Club and Mutant Ape Yacht Club collections, has made a groundbreaking decision. The company announced it will stop working with NFT marketplaces that “don’t support royalties for all creators.” This move signifies a pivotal moment in the
Shiba Inu ecosystem team has recently announced the minting phases for SHEboshis, a collection of 20,000 uniquely generated NFTs designed for the SHIB community. This digital collection has garnered significant attention within the crypto community, with enthusiasts eager to participate in the minting process. The minting process is divided into
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
