Find regular updates on NFT- the most trending sector of recent times without missing out on key developments and the latest happenings.
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
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
