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8 Blockchain Giants Log $3.77 Billion in NFT Sales in Q1 2024
7.4.2024
Despite experiencing a downturn for four straight weeks, eight blockchain networks logged $3.77 billion in non-fungible token (NFT) sales in the first quarter of 2024. Leading the charge, Ethereum-centric NFTs accounted for $1.4 billion or 37% of the NFT sales during Q1 2024. The Dual Forces...
Web3 Quests Aim To Drive Fan Engagement At Real Life Events and Online
6.4.2024
The crypto bull market may be driving a renewed interest in non-fungible tokens (NFTs). According to DappRadar, the NFT sector has seen a 50% surge in trading volume for the first quarter of this year, generating $3.9 billion in revenue. These findings indicate this has been the strongest quarter...
Binance Suspends Bitcoin Ordinals Trading – What’s Going On?
5.4.2024
On April 4, Binance declared that as of April 18, 2024, it will no longer be accepting deposits or transactions of Bitcoin Ordinals. The exchange then gave investors of non-fungible tokens (NFTs) based on Bitcoin the advice to remove their holdings from the NFT marketplace trading platform by...
The rise of NFTs and their influence on the Ethereum ecosystem
5.4.2024
In the early 2010s, blockchain technology emerged, and cryptocurrencies such as Ethereum and Bitcoin began to enter the platform. That is when the idea of NFTs also got its origin. Blockchain technology ensures ownership of NFTs, which are non-transferable, non-interchangeable, and irreplaceable....
Binance NFT to Halt Bitcoin NFT Activities, Focus Shifts Away From BTC-Based Collectibles
4.4.2024
In a recent announcement by Binance on April 4, 2024, the firm disclosed its decision to halt support for Bitcoin-based Ordinal non-fungible token (NFT) collectibles within its NFT marketplace. The directive from Binance calls for users of its NFT marketplace to withdraw their Ordinal inscriptions...
Binance Stops Support for Bitcoin NFTs Citing 'Streamlining' of Offered Products
4.4.2024
Cryptocurrency exchange Binance will cease support for bitcoin-based non-fungible tokens (NFTs) as it undergoes a process to "streamline" its product offerings
Crypto.com to Launch New App in South Korea on April 29
2.4.2024
Following regulatory approvals, Crypto.com app’s upcoming launch in South Korea will offer retail customers trading options for 150+ cryptos and exclusive NFTs starting April 29.
The post Crypto.com to Launch New App in South Korea on April 29 appeared first on Cryptonews
Socialfi Expands Satoshi Nakamoto’s Vision of a Defi System to Social Media, Says Kevin Lu
27.3.2024
According to Kevin Lu, social finance, or “socialfi” — a combination of social media and decentralized finance — is an innovation that extends Satoshi Nakamoto’s vision of a decentralized financial system to social media. Although it’s not intended to replace today’s traditional social...
Paradigm, a16z Backed Blockchain Game LootRush Announces New Gaming Subscription
26.3.2024
LootRush, a blockchain start-up backed by venture capital firms Paradigm and Andreessen Horowitz (a16z) is announcing a new gaming subscription which allows its users to access non-fungible tokens (NFTs) from over 500 games on its platform.
The post Paradigm, a16z Backed Blockchain Game LootRush...
Get Started in AI and NFTs with the Limewire API (Sponsored)
25.3.2024
AI media creation has expanded to incredible video art and a host of other important improvements, and LimeWire is leading the way in creating an awesome interface for the average user to become an AI artist. Limewire has just released its Developer API, a method for engineers like us to create...
Indonesian College Student Behind NFT Selfies Success Returns with $1.8 Million Meme Coin Presale
25.3.2024
Sultan Gustaf Al Ghozali, the Indonesian college student who became an internet sensation in 2022 for selling millions of dollars worth of NFTs featuring his daily selfies, is back in the spotlight with a meme coin project.
The post Indonesian College Student Behind NFT Selfies Success Returns with...
MetaBirkins NFT Creator Barred from Museum Display After Hermès Lawsuit
21.3.2024
Mason Rothschild, the artist behind the controversial MetaBirkins NFT project, has been banned from showcasing the pieces at a museum exhibition in Stockholm, a New York Judge ruled on March 13. The ruling follows a contentious legal battle between Rothschild and Hermès over its iconic Birkin...
Cryptopunk #7,804 Sells for $16.38 Million, Second Most Expensive Sold in the Collection
20.3.2024
On Wednesday, March 20, 2024, Cryptopunk #7,804 exchanged hands for a sum of 4,850 ethereum (ETH), equivalent to $16,382,444. This transaction marked it as the collection’s second highest-priced non-fungible token (NFT) sale. It surpassed the transaction of Cryptopunk #3,100, which...
Shiboshi’s NFTs Lead Quiet & Transformative Movement In SHIB Burns
18.3.2024
A collection of 10,000 non-fungible tokens generated by Shiba Inu, Shiboshi, has led a silent yet transformative revolution in NFTs, vital in reducing SHIB’s circulating supply through strategic and deliberate burning efforts. The community of Shiba Inu, also known as the exclusive Shib...
Influential Trader GCR Buys Original Dogwifhat Meme for $4M; WIF Rises
18.3.2024
WIF pieces have surged in the past hour as X users found out the trader user now holds the original image
Crypto Drama: Remilia Founder Claims Hacking Amid Ether and NFT Transfers
18.3.2024
Remilia founder has ostensibly fallen victim to a hacking incident involving the unauthorized transfer of substantial amounts of Ether and non-fungible tokens (NFTs).
The post Crypto Drama: Remilia Founder Claims Hacking Amid Ether and NFT Transfers appeared first on Cryptonews
Runestone NFTs Lead the Charge in Multi-Chain Marketplace Sales
17.3.2024
According to the latest data, the Runestone non-fungible token (NFT) compilation has emerged as the leading NFT collection across various multi-chain support marketplaces. As of now, a Runestone NFT’s base price fluctuates between 0.047 and 0.048 bitcoin, which translates to approximately...
Starbucks Ends NFT Rewards Program, Paving the Way for New Ventures
17.3.2024
Starbucks, the renowned multinational coffee chain, has made the decision to terminate its NFT rewards program.
The post Starbucks Ends NFT Rewards Program, Paving the Way for New Ventures appeared first on Cryptonews
Veve launches new Veve Comics platform with exclusive Marvel NFTs
15.3.2024
Veve, which is Ethereum’s NFT collectibles platform, has delivered its new Veve Comics platform and its online comic book reader. The initial collection of comic books was obtained from Marvel Comics. The deliverance took place with Marvel Comics in tow, and the connected enthusiasts of Veve...
Yuga Labs Accuses Ryder Ripps of Destroying NFT Keys to Evade Court Order
14.3.2024
Bored Ape Yacht Club creators, Yuga Labs, are accusing artist Ryder Ripps of deliberately destroying access to his wallets containing RR/BAYC NFTs to avoid complying with a court order.
The post Yuga Labs Accuses Ryder Ripps of Destroying NFT Keys to Evade Court Order appeared first on Cryptonews