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Dapper Labs Secures Favorable Settlement in Class Action Lawsuit Involving NBA Top Shot NFTs
4.6.2024
Dapper Labs, a blockchain technology and digital collectibles company, has reached a favorable settlement in the legal case Friel vs. Dapper Labs, establishing that NBA Top Shot Moments are not securities. The company emphasizes that this significant ruling clarifies the legal status of digital...
Bitcoin Blockchain Records $3.82 Billion in NFT Sales, Secures Fourth-Largest Spot
3.6.2024
Since the launch of Ordinal inscriptions, Bitcoin-based non-fungible tokens (NFTs) have proliferated, with the blockchain documenting $3.82 billion in NFT sales across more than 3 million transactions. Bitcoin has now ascended to the fourth-largest blockchain by total NFT sales. From Counterparty...
NFT Sales Dip Again: Ethereum Leads as Market Declines by 7.03%
1.6.2024
Over the past week, non-fungible token (NFT) sales have declined again, slipping 7.03% compared to the previous week. During this period, $122.3 million in sales were recorded, with Ethereum-based NFTs taking the lead. 7-Day NFT Sales Slide 7.03% This week witnessed another seven days of subdued...
Penguiana Doubles Market Cap to Over $2.5 Million Ahead of GUIANA NFT Mint
1.6.2024
Penguiana, the distinctive penguin-themed meme coin on the Solana blockchain, continues to captivate the crypto community, achieving a new milestone by doubling its market cap to over $2.5 million according to Dexscreener. This surge in valuation underscores the strong investor confidence...
Metaplex Announces Introduction of Hybrid Defi Protocol for Solana
31.5.2024
Metaplex, a Solana-based protocol that allows for the easy deployment of NFTs across applications, has introduced MPL-404, a hybrid decentralized finance standard. MPL-404 leans on SPL-404, a protocol that allows for the exchange of an NFT for a fixed number of tokens assigned by the designers...
May Shatters Bitcoin Transaction Records, Highlighting a Year of Unparalleled Achievements
31.5.2024
According to recent data, May has set new records for milestones within the Bitcoin network. Following the record-breaking number of transactions confirmed on April 23, four of the top five days with the highest transaction counts settled on the Bitcoin blockchain occurred in May. 2024: A Banner...
NFT sales volume tumbles 54% in May: CryptoSlam
31.5.2024
NFT sales dropped from $1 billion in April to $624 million in May, with Bitcoin, Ethereum, and Solana-based digital collectibles significantly declining
US Treasury: NFTs and NFT Platforms Highly Susceptible to Fraud and Scams
31.5.2024
A risk assessment conducted by the U.S. Treasury Department found that non-fungible tokens (NFTs) and related platforms are highly susceptible to use in fraud and scams. The risk assessment also warns that criminals can exploit NFTs to launder illicit proceeds or “obfuscate the source...
Animoca Brands Japan launches its NFT launchpad ‘SORAH’
31.5.2024
The NFT launchpad, called SORAH by Animoca Brands Japan, is slated to launch in the summer of 2024, according to Animoca Brands Japan, a strategic subsidiary of Animoca Brands. SORAH by Animoca Brands Japan will serve as an NFT launchpad platform that facilitates the sale of NFTs to support...
New NFT sale by Monster World is live
30.5.2024
The public stage of the new NFT sale by Monster World has already begun, and purchasing Nyang kits, discovery packages, and starter packages is now possible. The non-fungible token sale can be paid using RON, SLP, AXS, USDC, or WETH. 1 RON features 250,000 Nyang, the Monster World, and ZERO X...
NFTs are Highly Susceptible to Fraud and Scams: US Treasury Report
30.5.2024
The US Treasury findings highlighted several potential risks and security concerns and challenges involved in NFTs.
The post NFTs are Highly Susceptible to Fraud and Scams: US Treasury Report appeared first on Cryptonews
Ronaldo unveils 4th NFT collection, Rabbit responds to Coffeezilla: Nifty Newsletter
29.5.2024
AI company Rabbit denied Coffeezilla’s claims that the firm was not forthright about the open-sourcing of its past NFT project
Cristiano Ronaldo unveils NFT series with Binance capturing career highlights
29.5.2024
Football icon Cristiano Ronaldo is rolling out a new NFT collection with Binance commemorating different stages of his illustrious career
Solana’s Penguiana $PENGU Token Launch On Raydium Surpasses $1M Valuation, Sets Stage For GUIANA NFT Minting
29.5.2024
In a remarkable showcase of growth and enthusiasm, Penguiana, the unique penguin-themed meme coin on the Solana blockchain, has successfully launched its $PENGU token on Raydium. Buy $PENGU here on Raydium. This milestone comes after a highly successful presale, confirming strong investor interest...
NFT market sees Ethereum and Solana go head-to-head
28.5.2024
Ethereum and Solana are fighting two battles – growth in the trading market and growth in NFT marketplaces. Interestingly, it is a close call with a large dependence on the participation of members. Solana is leading in sales volume, while Ethereum is banking higher values. Solana...
Yuga Labs unveils exciting new projects for Bored Apes
27.5.2024
Bored Apes creator Yuga Labs has recently been busy in the realm of NFTs and Web3. Greg Solano, the co-founder, posted about the company’s recent activities, proving that they are willing to advance and experiment in gaming and social connections. While using his official X account, Solano...
Ronaldo’s new NFT collection with Binance defies $1B lawsuit
27.5.2024
Cristiano Ronaldo, the iconic Portuguese football superstar, has launched his fourth NFT collection in collaboration with Binance, the world’s leading cryptocurrency exchange. This new collection features exclusive digital art pieces that celebrate Ronaldo’s illustrious career...
Football Star Cristiano Ronaldo Seemingly Ignores $1 Billion Lawsuit After Urging Fans to Sign Up Latest NFT Drop
27.5.2024
The Portuguese footballer Cristiano Ronaldo has informed his 111 million followers on the social media platform X to prepare for the unveiling of his latest collection of non-fungible tokens (NFTs) on Binance. In a post dated May 24, Ronaldo encouraged his followers who are eager to relive the...
Cristiano Ronaldo Teams Up with Binance for New NFT Collection Despite Ongoing Legal Battle
27.5.2024
Renowned Portuguese footballer Cristiano Ronaldo has revealed his collaboration with Binance for the launch of his fourth NFT collection.
The post Cristiano Ronaldo Teams Up with Binance for New NFT Collection Despite Ongoing Legal Battle appeared first on Cryptonews
Cristiano Ronaldo unveils 4th NFT collection with Binance despite $1B lawsuit
26.5.2024
The collection will launch on 29 May with fixed pricing across most items