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Nalezeno "non-fungible": 1420

Sharp increase in Non-Fungible Token lending volume


According to a recent industry report, Arcade and NFTfi are the leading NFT lending platforms of 2024. Both Arcade and NFTfi were successful in capturing above 1% of the monthly market share since the previous year. The report states that Arcade recorded a quarterly increase of $39.46 million...

Yuga Labs Resumes Layoffs; CEO Says Web3 Platform ‘Lost Its Way’


According to Greg Solano, co-founder of Yuga Labs, the Web3 platform has laid off additional workers partly because it had “lost its way.” Solano also encouraged employees uninterested in the next phase to consider accepting the same severance package offered to those affected by...

Rare Alien CryptoPunk NFT Sells For Record Breaking $12.38 Million ETH


NFT art collection, CryptoPunks, has sold another record breaking piece entitled CryptoPunk 635 on the Ethereum blockchain for $12.38 Million ETH, the collection announced Thursday in a statement to X. It marks the latest high-value transaction for the digital art company after selling another rare...

Rare Alien CryptoPunk NFT Sells For Record Breaking $12.38 Million ETH


NFT art collection, CryptoPunks, has sold another record breaking piece entitled CryptoPunk 635 on the Ethereum blockchain for $12.38 Million ETH, the collection announced Thursday in a statement to X. It marks the latest high-value transaction for the digital art company after selling another rare...

Cryptopunk #635 Achieves $12.41M Sale, Joins Ranks of Top Priciest NFTs


On Thursday, a Cryptopunk NFT with an alien theme changed hands for 4,000 ether, equivalent to $12.41 million. This particular Cryptopunk, #635, ranks as the sixth priciest in the Cryptopunks collection. Cryptopunks Collection Sees Another Major Sale With $12.41M Transaction In 2024, another...

OKX Partners with Manchester City to Mint Commemorative NFT Football Shirts


OKX announced the initiative to redesign Manchester City team shirts to be minted as digital collectibles named 'The Roses and the Bees' as Non-Fungible Tokens (NFTs) by fans worldwide through the OKX app The post OKX Partners with Manchester City to Mint Commemorative NFT Football Shirts appeared...

7-Day NFT Sales Increase by 37%, Bitcoin-Based Collections Lead


Sales volumes of non-fungible tokens (NFTs) recorded a more than 37% increase to $277 million in the seven-day period ending April 11. Six of the top 10 collections with the largest sales volumes were Bitcoin-based NFTs. Some experts attribute the renewed interest in NFTs to the rise of real-world...

8 Blockchain Giants Log $3.77 Billion in NFT Sales in Q1 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


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?


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...

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