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Otherdeed NFTs Sale Drop by 25%, Pushing Buyers Further Underwater


  Most buyers of the hotly-anticipated Otherdeed non-fungible tokens (NFTs) drop are not able to sell their digital land deeds at a profit, due to the high Ethereum (ETH) gas fees they paid during minting, as well as the decreasing demand. According to NFT data aggregator CryptoSlam, Otherdeed...

Russia’s Sberbank Denies Involvement in Recently Launched ‘Sbercoin’


Sberbank, the largest bank in the Russian Federation, has denied connection to a new cryptocurrency called “sbercoin.” The project is offering high returns to buyers of the token, which was launched shortly after Bank of Russia allowed Sberbank to issue digital currencies. Sbercoin...

Russian Crypto Buyers Face Whopping Premiums Amid Economic Crash


  As Russia continues its invasion of neighbor Ukraine, the Russian markets are spiraling out of control, and an increasing share of the country’s population is seeking financial refuge in cryptoassets. This is reflected in the sky-high premiums for those who wish to exchange RUB into bitcoin...

NFT Sales Nosedive This Week as Volume Drops Close to 30%


According to current metrics, non-fungible token (NFT) sales have dropped 29.35% since last week. While Ethereum and Solana are the two blockchains with the most NFT sales volume, both blockchain networks have seen NFT sales nosedive anywhere between 27% to 32% over the last seven days. Weekly...

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