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
The NFT sector has lagged behind the rest of the cryptocurrency industry, which has been quite exciting so far this year. The amount of Ethereum NFT marketplace transactions has been falling every month since January, and it was already much lower in January compared to the billions of dollars moved
Yat Siu, co-founder of Animoca Brands and Michael Novogratz’s Galaxy Digital, has tokenized a 1708 Stradivarius violin in order to secure a loan in the multi-million dollar range. Siu allegedly borrowed money from Galaxy on June 4 for an undisclosed amount, using his 316-year-old violin as security. In order to
Despite a 54% decline in sales for the entire non-fungible token (NFT) market in May, digital collectibles on Bitcoin hit a new milestone. The overall sales volume of NFTs on the Bitcoin blockchain reached an all-time high of over $4 billion, according to NFT data tracker CryptoSlam, which was published
The global cryptocurrency market is displaying a surge, with Bitcoin (BTC) and Ethereum (ETH) reaching new highs. Bitcoin has soared to new peaks, trading between $68,000 and $70,000, while Ethereum is approaching the $4,000 mark. The excitement around these gains is heightened by the anticipation of Bitcoin and Ethereum ETF
Greg Solano, co-founder of Yuga Labs, has finally spoken out about his plans for the Bored Apes franchise as a whole. Solano took to his official X account to explain that he is holding himself responsible by basing his update on his 10-day check-in. Ever since it debuted and became
Two police officers in South Korea are facing trial over an alleged bribery case involving a high-profile crypto fraud case. It involves an alleged crypto fraudster surnamed Tak. Tak was accused of orchestrating an art-themed altcoin scam and for running a fake Ethereum and NFT-related project convincing people to invest
