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
The closure of RTFKT has been announced. RTFKT was the creators of the NFT sneakers and avatars that Nike purchased in 2021. The company announced its plans to cease operations by January 2025 in a post on X on December 2. In December, RTFKT will issue its last collection, the
The NFT market, once a big hit in the crypto world, is starting to recover after months of slowdown. According to recent CoinGecko data shows the market has grown 17.3% to $8.8 billion in December, with daily trading volumes up nearly 48% in the past day. November also saw a
As interest in digital collectibles continues to rise, sales of non-fungible tokens (NFTs) surged by 57.8 percent in November, continuing their monthly upward trend. An analysis by analytics firm CryptoSlam revealed on December 1st that NFTs saw a significant uptick in sales volume over October, reaching $562 million. NFT monthly
Justin Sun, the founder of TRON, made headlines by eating a $6.2 million banana artwork at an event in Hong Kong. The conceptual piece, titled Comedian by Italian artist Maurizio Cattelan, features a banana duct-taped to a wall. Sun purchased the artwork at a Sotheby’s auction after six minutes of
