Find regular updates on NFT- the most trending sector of recent times without missing out on key developments and the latest happenings.
The aftermath of ApeFest in Hong Kong, involving eye and skin injuries, became a wake-up call, prompting the NFT community to demand accountability from event organizers — Yuga Labs. Yuga Labs, the creator of the famed Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC), hosted a three-day
The government of China issued a statement on November 10 stating that those caught stealing digital collections, including non-fungible tokens (NFTs), will face criminal penalties. It provides three different perspectives on whether or not the theft of digital collections is a data theft, digital property theft, or both. Nonetheless, the
Coatue Management, a technology investment business based in the U.S, has written down its investment in the OpenSea NFT marketplace by 90%. Documents seen by The Information on November 7 revealed that Coatue had decreased its investment from $120 million to $13 million, suggesting that OpenSea’s on-paper worth had plummeted
The parent business of Bored Ape Yacht Club (BAYC), Yuga Labs, hosted the much awaited return of its big in-person event, ApeFest 2023, which was held in Hong Kong from November 3 to November 5. This year’s Hong Kong event did not focus on music in the same way that
Yuga Labs, the company behind the Bored Ape Yacht Club NFT project, has announced a partnership with Magic Eden, a major multi-chain NFT marketplace. The collaboration is geared towards the introduction of a new Ethereum-based marketplace that promises to maintain creator royalties on all purchases of NFTs. Notably, this platform
NFT trade volume increased by $99 million in October compared to the previous month, according to a research issued by crypto analytics company DappRadar, suggesting that the NFT market is bouncing back. However, there has been significant reductions in staff at renowned NFT marketplace OpenSea as announced on Friday. According
In a recent appearance on the Joe Rogan Experience podcast, tech mogul Elon Musk shared his perspective on ordinals in the world of NFTs and the inherent risks within the crypto space. Elon Musk expressed concerns about the high number of scams in the crypto world, particularly in the case
Despite the devastating impact of the 2022 crypto winter that has claimed dozens of projects, Origin Protocol, a vibrant crypto ecosystem, has successfully clocked six years since its inception. Backed by top crypto investors like Pantera Capital, Alexis Ohanian, BlockTower, among many others, Origin Protocol has grown to a mature
The CR7 ForeverZone, the third NFT collection from Cristiano Ronaldo and Binance, offers fans across the globe cutting-edge and exclusive opportunities to connect and interact with one of the greatest athletes of all time. This is the most recent step in Ronaldo and Binance’s continuous collaboration, which aims to transform
Lately, there has been a massive increase in the trade volume of the Pudgy Penguins NFT collection. The 8,888 NFTs included in the Pudgy Penguins NFT collection on Ethereum are all unique in some way. Yesterday, the trading volume of Pudgy Penguins NFT rose by a whopping 530%. The value
