Thu, January 9

Bored Ape Yacht Club NFT Crashed 189%, Sinks to August 2021 Low

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

March 6, 2024 2 mins read

Magic Eden Surpasses $50 Million in NFT Sales Amidst NFT Renaissance

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

March 6, 2024 2 mins read

NFT Community Excited As Blur and Blast Take Impressive Moves

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

March 1, 2024 1 min read

How To Invest In Crypto Gaming

Considering an investment in crypto gaming? Cut through the noise and discover the essentials of investing in this rapidly evolving domain.  From selecting the right crypto gaming assets to understanding market dynamics, this guide demystifies the process, empowering you to make informed decisions in the enticing yet complex world of

February 29, 2024 6 mins read

Is Yuga Labs’ Stand Against Non-Royalty NFT Platforms a Game-Changer?

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

February 27, 2024 2 mins read

Yuga Labs Co-Founder Greg Solano Takes Helm as CEO

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

February 21, 2024 1 min read

eBay Reportedly Cuts 30% Web3 Workforce Amid NFT Marketplace Struggle

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

February 20, 2024 1 min read
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