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NFT Sales Dip by Over 25% as Bitcoin Dominates a Cooling Market
21.4.2024
Recent data over a seven-day period ending April 21, 2024, shows that non-fungible token (NFT) sales have declined by 25.48%, totaling approximately $236.96 million. Bitcoin dominated the NFT market this week, contributing $111.8 million to the overall sales since April 14. NFT Sales Tumble This...
Japan’s SBI Group Plans to Issue NFTs Built on XRP Ledger for World Expo 2025 in Osaka
19.4.2024
Japan’s SBI Group is planning on issuing non-fungible tokens (NFTs) built on XRP Ledger during the World Expo 2025 to be held in Osaka, Japan.
The post Japan’s SBI Group Plans to Issue NFTs Built on XRP Ledger for World Expo 2025 in Osaka appeared first on Cryptonews
Yuga Labs Sells IP Rights of Two NFT Games in Strategic Move – Here’s the Latest
19.4.2024
Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC) NFTs, has sold the IP rights of two of its games, Legends of the Mara and HV-MTL, to Web3 gaming firm Faraway. The move is part of a strategic restructuring effort to refocus the organization. Simultaneously, Yuga Labs' chief gaming officer...
Maison Margiela Launches Public Mint For MetaTABI NFT Collection
18.4.2024
Iconic Paris fashion house Maison Margiela is diving further into the Web3 fashion industry with the launch of its new NFT MetaTABI collection, the company announced Wednesday. News of the launch follows the company's first foray into the world of Web3 after it unveiled its "blockchain bingo" game...
PayPal ceases NFT purchase protections, signaling a shift in the digital asset market
18.4.2024
PayPal, a leading online payment platform, has announced the cessation of purchase protections for Non-Fungible Tokens (NFTs), marking a significant shift in its stance toward the burgeoning digital asset market. According to the company’s policy update, NFTs will no longer be included...
Bitcoin.com Announces Launch of Verse Voyager NFTs With Exclusive Airdrop — Public Sale to Start April 24
18.4.2024
Bitcoin.com, a trailblazer in the cryptocurrency domain since 2015, is thrilled to unveil the highly anticipated Verse Voyager NFT collection, which has officially launched with an exclusive airdrop of nearly 10% of the collection’s supply to early community participants. The public sale...
Magic Eden Surges to Top Spot in NFT Market, Records Stellar $756M Trading Volume in March
18.4.2024
Magic Eden, a Solana-based NFT marketplace, achieved its highest monthly trading volume in March, outpacing Blur with a 194.4% increase to $756.5 million, attributed to its Diamond reward program and support for creator royalties. This surge led Magic Eden to become the top NFT marketplace...
PayPal Says NFT Purchases No Longer Backed By Its Protection Program
17.4.2024
Payments giant PayPal plans to remove non-fungible token (NFT) purchases from its purchase protection program from May 20.
The post PayPal Says NFT Purchases No Longer Backed By Its Protection Program appeared first on Cryptonews
Bored Ape NFT Prices Plummet to August 2022 Levels, Down 90% From Previous High – Are NFTs Going to Zero?
16.4.2024
During the 2021 cryptocurrency bull run, Bored Apes Yacht Club (BAYC) NFTs became one of the most demanded collections but ultimately succumbed to a decline in demand that impacted the whole NFT market.
The post Bored Ape NFT Prices Plummet to August 2022 Levels, Down 90% From Previous High –...
Vijay Pravin, CEO of bitsCrunch, on AI Enhanced Decentralized Data Analytics, Blockchain Forensics, and Staking Mechanisms | Ep. 326
16.4.2024
Vijay Pravin, the founder and CEO of bitsCrunch, tells us why the team calls itself “the blockchain police,” democratizing data, the merger of crypto and AI, their role in cleaning up the blockchain space from bad actors, the NFT ‘survivors,’ the necessity for integrity and transparency in the Web3...
Bitlayer launches first official NFT after Mainnet-V1 release
16.4.2024
The Bitlayer-backed Mainnet V1 is imminent, and Bitlayer’s minting event will be formally inaugurated on May 4, 2024. Bitlayer has recently announced the official introduction of its non-fungible token to coincide with the Mainnet V1 launch. An incentive known as the Lucky Helmet is available...
STEPN forms an exclusive tie-up with Adidas
16.4.2024
STEPN, the most expanded lifestyle application, has linked up with Adidas to introduce co-branded digital sneakers to an audience of 5 million. The sneakers will be known as STEPN x Adidas Genesis Sneakers, and a limited edition NFT collection will initially be created along with Adidas. STEPN...
Bored Ape NFT Prices Tank to August 2022 Levels, Down 90% From Peak
16.4.2024
Bored Apes were one of the most globally hyped NFTs in the last bull market, but have suffered amid a general lack of demand for NFT collections
Quantum Temple’s NFT-enabled tourism transforms the travel industry
15.4.2024
Quantum Temple is establishing a novel paradigm within the travel industry by integrating blockchain technology with heritage tourism. The enterprise has formed an alliance with Mysten Labs and the Ministry of Tourism and Creative Economy of Indonesia, Desa Manukaya Let. Collectively, they unveiled...
Gamma introduces FUKU NFT collection on Bitcoin
15.4.2024
Gamma has introduced the FUKU NFT collection on Bitcoin, which contains 1,000 exclusive NFTs boosted by Gamma’s advanced technology. These are inscribed straight on the Bitcoin blockchain. This was divulged at HappyFace World head office in Las Vegas, Nevada. By utilizing the strength and safety...
Beauty and Fashion Brands Use Web3 Technology To Better Engage With Consumers
13.4.2024
Before the emergence of Web3, brands primarily relied on Web2 channels, such as social media, to connect with consumers. In fact, recent statistics show that 77 percent of businesses use social media to reach customers. Consumer engagement strategies are evolving, however. With the maturation...
Axie Infinity brings new updates to its ecosystem
12.4.2024
Axie Infinity has announced major updates to its ecosystem, poised to enhance users’ experience. They majorly pertain to Axie Experience Points (AXP) and Part Evolution. The goal is to make it seamless for players to wield their powers and level up their respective axies. Unlimited Coco caps...
Animoca Brands Japan to launch NFT platform this summer
12.4.2024
Animoca Brands Japan has taken a huge step forward with the announcement of NFT Launchpad, which has been scheduled to be open for applications this summer (2024). This initiative was made by them with the hope of becoming a crucial Web3 gateway that connects Japan with the market worldwide. This...
Animoca Brands Japan Plans NFT Launchpad for Summer 2024
12.4.2024
Animoca Brands Japan is set to introduce an NFT launchpad this summer to connect web3 initiatives in Japan to the world, with applications now open for interested parties.
The post Animoca Brands Japan Plans NFT Launchpad for Summer 2024 appeared first on Cryptonews
7-Day NFT Sales Increase by 37%, Bitcoin-Based Collections Lead
11.4.2024
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...