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OpenSea investor marks down stake in platform by 90%: Report
8.11.2023
OpenSea’s co-lead investor Coatue Management marked down its investment from $120 million to $13 million
Nifty News: The Simpsons roast NFTs, Yuga Labs exec departs after anti-semitic tweets and more
7.11.2023
The Simpsons poked fun at NFTs in their annual halloween special but degens still managed to take advantage of the publicity to hoist an NFT collection to near top of the charts
NFT Markets Rebound With 18% Rise to $106M; Bitcoin NFTs Take Second Place Under Ether’s Lead
5.11.2023
Between October 29 and November 5, 2023, sales of non-fungible tokens (NFTs) rose by 18.30% compared to the week before, reaching a high of $106.32 million. This week’s NFT statistics reveal an uptick in activity, with the number of buyers and sellers climbing by 17.77% and 15.82%...
October’s NFT Market Contracts Over 21%, With Ethereum’s Share Shrinking by $35 Million
2.11.2023
October proved to be a beneficial period for the broader crypto asset landscape; however, it cast a shadow on the non-fungible token (NFT) sector, witnessing a 21.64% dip in sales. Ethereum’s NFTs took the lion’s share, amassing $171 million out of the $313 million total, despite...
The NFT Market Has Crashed. What Should Artists Do Now?
31.10.2023
NFT market slows despite crypto’s ascent
26.10.2023
In spite of the fact that there has been a significant increase in the value of digital assets, the overall NFT market is seemingly where it was. Over the last week, Bitcoin has witnessed an increase of 22%; from the figure of $28,000, it has reached $35,000. Bitcoin managed to take the industry...
NFT market slump shows it’s maturing toward ‘genuine utility,’ execs argue
16.10.2023
Decentraland Foundation executive director Yemel Jardis believes as people become more educated about NFTs, the focus will shift from speculative trading to genuine utility
9 crypto leaders share advice for proof-of-humanity solution builders
7.9.2023
Respect for users’ personal privacy must be top of mind when developing proof-of-humanity identity solutions
‘NFTs will win on Bitcoin’ — OnChainMonkey NFT collection ditches Ethereum
7.9.2023
Metagood CEO Danny Yang attributed the move to the Bitcoin network being seen as a more secure platform for its users, among other reasons
Crypto Influencer NFT God Says Binance Security Team Has Recovered Some of His Stolen Funds
1.9.2023
The security team at Binance has helped recover a portion of the funds crypto influencer NFT God had lost in an exploit earlier this year.
In a Thursday tweet, NFT God said that the security team at Binance has returned a portion of the $150,000 worth of digital assets he lost to Russian hackers...
NFT Sales Jump 6.59%: A Week of Growth, Dominance of Ethereum, and Record-Breaking Collections
12.8.2023
In the past seven days, the non-fungible token (NFT) market has seen a slight rise, recording sales of $106.87 million — an increase of 6.59% from the previous week. Ethereum-based NFTs made a significant contribution, accounting for 56.35% of the total weekly sales, or roughly $60.23...
Report: Cryptopunks and Blue Chips Power Top NFT Traders to Over $300 Million in Profits
8.8.2023
The top 15 traders in the Ethereum non-fungible token (NFT) market have amassed up to $101.6 million in profits, as revealed in Coingecko’s latest NFT report. These traders lucratively capitalized on early investments in esteemed blue-chip NFT collections such as Cryptopunks, Bored Ape Yacht...
NFT Market Slump Hits Artists Hard: Payouts to Creators Plunge 98% as Royalties Slashed
6.8.2023
The NFT market is experiencing a tumultuous slump, with tensions rising between traders and creators of digital collectibles rising amid controversy surrounding royalties.
This friction has resulted from the recent decision by top NFT exchanges, including Blur and OpenSea, to cut royalty rates...
Binance Research's H1 2023 Report: A Positive Note in Challenging Times for Crypto
25.7.2023
Binance's 120-page "Half-Year Report 2023 July 2023," released on July 20, provides insights into the current state of the crypto market, almost two years after its peak in late 2021.
Despite facing challenges in the first half of the year, the crypto industry has demonstrated resilience, with...
Liam Herbst, NFT Analyst, on the Current NFT Market and the Future of NFTs | Ep. 250
25.7.2023
In an exclusive interview with cryptonews.com, Liam Herbst, NFT Analyst, talks about why the term “NFT” must die before there’s another NFT bull run, the long term bull case for NFTs, and why ETH will outperform virtually every NFT.
Liam is leading the go-to-market strategy for a new NFT company...
NBA Top Shot Developer Dapper Labs Continues Layoff Trend with New Round of Job Cuts
14.7.2023
Dapper Labs, the non-fungible token (NFT) collectibles company behind NBA Top Shot, recently bid farewell to an additional 51 employees, following a previous staff reduction of 20% in February earlier this year.
In an announcement by Roham Gharegozlou on July 13, the company's CEO revealed that...
Google to Allow NFTs in Apps and Games on Play Store
14.7.2023
Google will let developers expand offerings of blockchain-related content including through support for non-fungible tokens (NFTs) in apps on its store for Android devices. The change will allow users to earn and transact with digital collectibles, potentially reviving interest in the NFT market....
Dapper Labs Lays off 51 as NFT Market Stays Chilly
13.7.2023
Dapper Labs made prior cuts in February and November
The Broke Ape Yacht Crash: Lessons for Justin Bieber and Other NFT Collectors
5.7.2023
Why has Yuga Labs’ Bored Ape universe collapsed in value?
Azuki ‘Elementals’ Mint Mishap Highlights the Fragile State of the NFT Market
29.6.2023
From questionable mint mechanics to recycled artwork, Azuki’s latest NFT mint shows that even blue-chip projects are struggling to grow during a challenging bear market