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Weekly NFT Sales Record Minor Ebb While Bitcoin Maintains Dominance


According to recent data, sales of non-fungible tokens (NFTs) over the last week declined by 1.31% to $308.23 million, a decrease of $4.09 million from the prior week’s $312.32 million. NFTs centered around Bitcoin remained at the forefront among 21 distinct blockchain networks, experiencing...

Horror Game Studio Shuts Down Due To Cyberattacks, Poor Sales


Just two months after the third-person action-horror game Stray Souls came out, developer Jukai Studio abruptly shuttered its doors, citing myriad issues including poor game sales and multiple cyberattacks from an unknown perpetrator.The developer took to X/Twitter on December 22 to announce...

Best Buy Will Soon Stop Selling Blu-rays And DVDs


The days of walking into a store and spending hours slowly exploring aisles of movies new and old are ending, as Best Buy’s previously reported plans to stop selling physical media begin in 2024. Read more

Market Dynamics Shift as NFT Sales Tumble 63% Year Over Year


According to recent statistics on non-fungible tokens (NFTs) for the past year, sales hit $8.70 billion in 2023. This figure represents a $15.04 billion or 63.35% decrease in NFT sales compared to the previous year. 2023’s NFT Sales Volume Declined Sharply, but Year-End Market Dynamics Hint...

Judge backs SEC on Terraform securities sales question


Judge Jed Rakoff, who is looking into the SEC’s case against the ex-CEO Do Kwon of Terraform Labs, favors the regulatory body. As per the judgment, Kwon and Terraform carried out the sale of uncertified securities pertaining to LUNA and MIR tokens. The Securities and Exchange Commission pitched...

Yuga Labs metaverse projects dominate 2023 digital land NFT sales


The year 2023 ends this week, and a list is out to demonstrate how strong Yuga Labs was with its projects in terms of digital land NFT sales. Reports say that almost 80–70% of the projects on the list belong to Yga Labs. Projects in talks are Otherdeed for Otherside and Otherdeed Expanded....

Galaxy Digital Seeking to Score Deals From Defunct Cryptocurrency Companies


Galaxy Digital, a digital assets and blockchain financial services company, is seeking to score deals with defunct cryptocurrency companies to acquire their assets. According to reports, the company is eyeing FTX’s venture capital portfolio, which has a sizable stake in artificial...

Galaxy Digital on the Hunt for More Crypto Bankruptcy Assets Post-FTX Deal


Source: LinkedIn Galaxy Digital, the cryptocurrency group led by US billionaire Mike Novogratz, is seeking additional asset sales from bankrupt digital asset companies following a successful deal that involved selling coins held by FTX.  The transaction has significantly increased Galaxy’s...

Solana Saga Phone Fetches $5,000 on eBay Amid BONK Meme Coin Frenzy


Source: Adobe In the midst of the BONK meme coin frenzy, Solana Saga phones, initially overshadowed by lackluster sales, have become unexpected stars on the resale market, with one device reportedly fetching a staggering $5,000 on eBay. According to completed listings, the Solana Saga phones, which...

NFT Sales Soar to Over $500M; Bitcoin Leads With Unprecedented Growth


Sales of non-fungible tokens (NFTs) have surged by 52.81% over the past week, reaching a total of $503.35 million. Bitcoin has emerged as the frontrunner in this week’s NFT market, generating $276.79 million in sales, surpassing Ethereum’s $99.67 million, which previously held the...

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