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Yuga Labs Acquires Rival NFT Creator Proof
Yuga Labs continues to expand by acquiring Proof. Proof is known for its Moonbirds collection. Details of the acquisition's financial…
Tensor Dominates Solana NFT Market with Remarkable Market Share
Tensor's 77% market share highlights its dominance in Solana NFTs. Intuitive interface and robust security measures contribute to its success.…
Ethereum Regains Dominance in NFT Sales Volume
Ethereum reclaims its top spot in NFT sales, surpassing Bitcoin. January sales volume for Ethereum NFTs reached $356 million. ETH…
ERC-404 Token Standard Sparks Market Interest
ERC-404 lacks an official token standard but gains attention. Pandora's value surged to $32,000, then dropped significantly. Support from major…
Ethereum Developers Introduce Hybrid Token-NFT Standard ERC-404
Ethereum's ERC-404 merges tokens and NFTs into a new standard. ERC-404 aims to enable fractional ownership and trading of NFT…
Magic Eden Launches Multi-Chain Wallet and Rewards Program
Magic Eden introduces a cross-chain rewards program. New collaboration features open-source token protocols. Reward program designed to incentivize NFT community.
Artists Lose Legal Battle Against Bored Ape Yacht Club Creators
Ryder Ripps and Jeremy Cahen's counterclaims dismissed in court. They must pay $9 million in damages and legal fees to…
Pixelmon Secures $8 Million Investment After Artwork Overhaul
Pixelmon's initial NFT art was criticized but has since been revamped. After changes, Pixelmon raised $8 million from leading investors.…
NFT Market Surges Despite Crypto Winter
January saw NFT indexes rise nearly 10%, outperforming Ethereum. NFT market shows resilience with increased diversity and maturity. Despite average…
Bitcoin Network Metrics Shift Amid Rising Interest in Ordinals
Recent developments led to intriguing changes in Bitcoin network metrics. Ordinals activity, seen as spam by some, boosted network activity…
Shifting Dynamics in the NFT Market: OpenSea’s Decline and Blur’s Rise
OpenSea faces a significant drop in NFT sales volume. Blur's user activity and transaction volume are on the rise. Market…
Cristiano Ronaldo’s NFT Ventures and Legal Challenges
Ronaldo announces surprises for NFT owners despite legal proceedings. He signed a long-term NFT partnership with Binance in 2022. Investors…
Magic Eden Announces Reward Program on Solana Network
Magic Eden launches a long-term NFT reward program. The program starts on Solana, celebrating its vibrant community. Users earn Diamonds,…
The State of NFTs in 2023 and Future Prospects
Cryptocurrencies and blockchain introduced NFTs to our lives. Bitcoin and Solana are becoming preferred platforms for NFTs. Ethereum's NFT dominance…
Former OpenSea Product Manager Appeals Conviction for Insider Trading
Ex-OpenSea executive Nathaniel Chastain appeals insider trading conviction. Legal team argues lack of property status for NFT information used. Chastain's…
GameStop to Gradually Shut Down NFT Marketplace Amid Regulatory Uncertainties
GameStop warns users of its upcoming phased NFT marketplace closure. Users assured NFTs remain accessible on blockchain despite platform shutdown.…
Sotheby’s Announces Auction for Premier Bitcoin Ordinals Collection
Sotheby's unveils auction for curated Bitcoin Ordinals art. Auction features rare Satoshis, Shroomtoshi's work, and NFTs. Previous Bitcoin Ordinals auction…
Polygon Overtakes Solana in Weekly NFT Sales Rankings
Polygon surpasses Solana in weekly NFT sales, showcasing significant growth. Solana observed a substantial total volume, maintaining a leading position.…
Companies Pulling Away from NFT Features
Interest in NFTs peaked at the end of 2021. Company X is removing NFTs as profile pictures for subscribers. Uncertainty…
Ethereum’s Digital Art Market Closes 2023 with a $5 Billion Valuation
Ethereum's digital art market ended 2023 valued at $5 billion. Significant trends indicate a rising trajectory for the digital art…
