Find regular updates on NFT- the most trending sector of recent times without missing out on key developments and the latest happenings.
Magic Eden is planning to introduce and use a utility token called “ME” on its Non-Fungible Token (NFT) marketplace. Importantly, the firm said that the ME Foundation is working on the token’s development. The new token is designed to make cross-chain trade easier on the platform that is built on
The pro-Bitcoin attitude of former US President Donald Trump may have won over many Americans. The backing he has gotten from crypto enthusiasts via contributions associated with his recent sales of Non-Fungible Token (NFT) sneakers is proof of this. Almost immediately after being listed, Trump’s Bitcoin NFT sneakers sold out.
As the crypto market experiences a slowdown, the NFT market is drawing increasing attention. Notably, Mocaverse and the Solana-based Retardio Cousins NFTs are leading the charge. The Retardio Cousins collection, consisting of 4,444 unique items, has seen its floor price rise by 45.22% in the last 24 hours to 19.81
The cryptocurrency market is navigating turbulent waters, with the total market cap dipping below $2 trillion and many altcoins hitting yearly lows. Amid these challenges, analysts remain cautiously optimistic about a potential bullish turn in the NFT space, fueled in part by major developments. One significant shift observed is the
In a concerning development for the crypto community, an adept scammer has executed a phishing scam on the Blur marketplace, making off with non-fungible tokens (NFTs) valued at approximately $239,676. The victim, known as 0xQuit on X (formerly Twitter), reported the theft. That involved six Bored Ape Yacht Club NFTs,
In the past few months, the NFT sector has shown minimal activity, while other crypto markets exhibited notable increases. However, with the onset of the new month, the community has initiated an optimistic outlook towards the sector. Relatively, the NFT collection Mad Lads, witnessed a 56% increase in total sales
On June 27, YouTuber Stephen Findeisen, popularly known as “Coffeezilla,” was sued by influencer Logan Paul for defamation over videos he made in 2022 about Paul’s failing CryptoZoo non-fungible token (NFT) project. Furthermore, claiming that Findeisen falsely and maliciously accused Paul of running a fraud in relation to a problematic
In tandem with the crypto market decline, the sales volume of non-fungible tokens (NFTs) fell by 45 percent from the previous quarter. NFT sales continued their increasing trend from the fourth quarter of 2023, reaching $4.1 billion in the first quarter of 2024, according to statistics from CryptoSlam. The volume
After almost two years of inactivity, billionaire Mark Cuban’s cryptocurrency wallet was found selling non-fungible tokens (NFTs). Cuban’s “markcuban.eth” Ethereum Name Service (ENS) wallet started selling NFTs on June 23. From Pudgy Penguins and Wrapped MoonCats to DeepBlack NFTs and EulerBeats Genesis, the works covered a wide spectrum. The last
While the NFT market is currently in a consolidated phase, one update has gotten attention from the community. Coinbase Wallet, the self-custody wallet, has introduced DUNE404, the first ERC-404 supported by Animoca Brands (a prominent venture capital company) on Base (the Ethereum L2 Chain). It is based on the popular
