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Major NFT Collections Post Double-Digit Monthly Losses as Floor Prices Drop
24.8.2023
Losses in the NFT markets have exceed ether’s decline, which is down 9.6% on-month
NFT marketplace Rarible sees uptick after commitment to royalties
24.8.2023
NFT aggregator Rarible said by October it would cut off aggregate orders from competitors that don’t enforce royalties, such as OpenSea
Former OpenSea Head of Product Receives 3-Month Prison Sentence for NFT Insider Trading
23.8.2023
Nate Chastain, the ex-head of product at NFT platform OpenSea, has been sentenced to three months in prison for profiting tens of thousands of dollars through insider trading of assets showcased on the platform's homepage.
Chastain, formerly responsible for putting prominent NFTs on OpenSea,...
“Blue-Chip” NFTs Have Been Struggling, But Here Are The Collections Bucking the Trends
23.8.2023
So-called “Blue-chip” NFTs have been struggling over the course of the last 30 days, crypto data analytics firm Nansen stated in a tweet thread on Tuesday.
Citing its popular NFT price performance dashboard, Nansen noted that many major collections, including the likes of the Bored Ape Yacht Club...
Bitcoin Ordinals volume dips 98%, OpenSea to disable royalty tool, and Frend.tech hype: Nifty Newsletter
23.8.2023
Bitcoin Ordinals NFT volume plunges 98%, and Yuga Labs is terminating its partnership with OpenSea over creator royalties
What Happens to Football NFTs Now That Panini Lost its License?
23.8.2023
Don’t worry, your NFTs aren’t going to be lost to the ether anytime soon
OpenSea manager accused of insider trading sentenced to 3 months in prison, $50K fine
22.8.2023
Nathaniel Chastain will reportedly have until Nov. 2 to surrender himself following his conviction for wire fraud and money laundering related to insider trading on OpenSea
Today in Crypto: Thailand May Banish Facebook Because of Crypto Scam Ads, Terra Freezes Website Due to Phishing Scams, Phantom Launches the 'Sign In With Solana' Feature
22.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Thailand May Banish Facebook Because of Crypto Scam Ads, Terra Freezes Website Due to Phishing Scams...
FIBA launches NFT collection on its Shopify store
22.8.2023
The International Basketball Federation, also known as FIBA, has announced the launching of its NFT collection. The development comes to light ahead of the Basketball World Cup, where 32 teams will lock horns for the ultimate title. FIBA has said that a total of 4 separate collections of digital...
Why the choice of the blockchain matters for NFT collections
21.8.2023
When choosing a blockchain, consider the trade-offs and align it with your needs. Avoid risking your funds, time and community trust
Today in Crypto: Pup Balltze Cheems Dies at Age 12, Kenya Forms Committee to Investigate Worldcoin, Solo Miner With Just 1PH of Hashrate Gets Full $160,000 Bitcoin Block Reward
21.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Pup Balltze Cheems Dies at Age 12, Kenya Forms Committee to Investigate Worldcoin, Solo Miner With Just...
As Ordinal Transaction Dominance Soars, NFT Advocates Question Bitcoin’s Reported Downturn
21.8.2023
Metrics reveal a significant day for the Bitcoin blockchain as 411,511 Ordinal inscriptions were minted Sunday, clinching the title of the second most prolific day for inscriptions ever. Additionally, over the past seven days, Ordinal inscriptions represented a hefty 53.9% of all transaction...
Daniel announces a split between Yuga Labs and OpenSea
21.8.2023
Daniel Alegre, the Chief Executive Officer of Yuga Labs, has announced that there could be a split between the creators of Bored Ape Yacht Club and an NFT marketplace, OpenSea. This split is the decision of OpenSea to sunset its Operator Filter tool. It was an essential addition introduced...
NFT platform Recur shuts, despite $50M raise & Big Backers
21.8.2023
On Friday, Recur, a startup in the Non-Fungible Token (NFT) space, announced that it would be discontinuing its Web3 platform due to the difficulties of crypto winter. Despite having big names like Hello Kitty and Nickelodeon using its services, Recur’s platform will gradually lose certain...
Weekly NFT Sales Dip by 1.18% Despite Rising Buyers and Transactions
20.8.2023
Based on the most recent week-long data, non-fungible token (NFT) sales experienced a slight decline of 1.18% from the previous week. Despite a recorded $107.05 million in NFT sales, there was a noteworthy rise of 86.71% in the number of buyers. Additionally, NFT transactions increased by...
Opensea Phases Out BNB Smart Chain Support, Citing Resource Alignment With Promising Efforts
19.8.2023
One of the largest non-fungible token (NFT) platforms, Opensea, has declared its decision to withdraw BNB Smart Chain (BSC) support. Opensea revealed that the “cost to continue supporting BSC outweighs the impact.” Opensea Pivots Away From BNB Smart Chain in Strategy Re-evaluation...
Yuga Labs Plans to Part Ways with OpenSea NFT Marketplace Following Royalty Model Change
19.8.2023
Yuga Labs, the entity behind the popular NFT collection Bored Ape Yacht Club (BAYC), is set to halt support for OpenSea due to a change in the platform's royalty model.
In a Saturday tweet, Yuga Labs announced that it plans to wind down support for OpenSea following the upcoming removal...
Bitcoin Ordinals NFT trading volume tanks 98% since May: DappRadar
19.8.2023
Alongside the declining trading volumes, the number of Bitcoin Ordinals transactions dropped by 97% to just 20,571 in mid-August
Yuga Labs to wind back from OpenSea over its axing of royalty enforcements
19.8.2023
Yuga Labs said it will start winding back OpenSea support for “all upgradable contracts and any new collections” following the announcement from the NFT marketplace
Study: Bitcoin Ordinal NFT Sales Nosedive as Broader Market Cools
19.8.2023
The buzz surrounding Bitcoin’s leap into the NFT world via Ordinals might be fleeting. A Dappradar study reveals that trading actions and sales figures for Bitcoin Ordinals have plummeted by a staggering 97% since their May 2023 zenith. This downturn mirrors a wider slowdown in the...