Ethereum, since its inception in 2015, has been the cornerstone of decentralized finance (DeFi), NFTs, and smart contract applications. However, as the Ethereum network gained popularity, its scalability issues became evident. High gas fees and network congestion have often made it expensive and inefficient for users. To address these challenges,
When Bitcoin crossed the $100,000 mark and recorded ATH values, bringing crypto bull run with it, the NFT industry also started to regain its dominance. The rise of Pudgy Penguins NFT collection drew attention from the industry leaders and community traders. In fact, the floor price of a Pudgy Penguin
While the global crypto market opened the trading window with Bitcoin’s new all-time high above $108K buzz, one more trend has emerged. PENGU, the native token of the Pudgy Penguins NFT project, has been making waves in the crypto market, drawing both excitement and volatility. The Solana-based token surged to
CyberKongz, a prominent NFT project, has announced that it has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC), signaling potential enforcement action. The project expressed disappointment in the SEC’s stance, arguing that the regulator’s misunderstanding of blockchain technology has led to unfair accusations. CyberKongz has received
The cryptocurrency community is grappling with a sobering security breach involving a Ledger Nano S wallet. A user known as “Anchor Drops” on X reported losing 10 Bitcoin (BTC) valued at around $1 million and $1.5 million in NFTs. Despite claims of keeping the seed phrase offline and untouched for
The Pudgy Penguins NFT collection has skyrocketed in value, now becoming the world’s second most valuable NFT set, surpassing the Bored Apes Yacht Club. This surge follows a major milestone in the NFT space as the floor price for a Pudgy Penguin crossed $100,000 for the first time. With 8,888
Pudgy Penguins has recently made history by surpassing the floor price of the iconic Bored Ape Yacht Club (BAYC), marking a significant milestone in the NFT space. As of December 2024, Pudgy Penguins’ floor price reached an all-time high of 24 ETH, approximately $93,000, signaling the collection’s meteoric rise. This
Pudgy Penguins, a popular non-fungible token (NFT) collection, has surpassed Bored Ape Yacht Club (BAYC) to claim the second-largest market cap in the NFT space. According to CoinGecko, Pudgy Penguins’ market cap now stands at $772.5 million, edging past BAYC’s $755 million. CryptoPunks remains the largest NFT collection, boasting a
Among the biggest digital collectible blockchains in terms of sales, Ethereum had the best start in December for non-fungible tokens (NFTs). Continuing a rising trend that started in October, NFT data tracker CryptoSlam revealed on December 8 that digital collectibles had a weekly sales volume of over $187 million during
NFTs (Non-Fungible Tokens) are becoming a new tool for property investors of all kinds, from mortgage bond investors to commercial property developers. It is essential to understand how to approach this opportunity and who to talk to in order to take full advantage of it. With the recent rise of
