Search
Polygon NFT Volume Hits 6-Month High, Igniting Renewed Interest in Layer-2 Scaling Solution
8.1.2024
Polygon’s NFT volume hit a 6-month high in December 2023, surpassing $10 million in daily sales. Image by itsmaku, Adobe Stock. The NFT market on the Polygon blockchain network saw considerable growth and renewed interest in December 2023, according to data from market trackers CryptoSlam...
Zengo Sets a Hacker Trap: Breach Our Wallet for a $420K Bitcoin Reward
8.1.2024
Source: zengo / Twitter The keyless crypto wallet maker Zengo will put 10 BTC and a pricy NFT into a Zengo wallet, challenging the hackers to take it – if they can. According to the blog post, the “#ZengoWalletChallenge” will launch on January 9 and last for 15 days. It stated...
XPLA forms an exclusive collaboration with Gall3ry
8.1.2024
XPLA establishes a partnership with Gall3ry, a social solution that promotes NFT holders to assume responsibility for their social identifications within a social network and alters the perception of NFTs. Gall3ry services allow users to generate their own identifiers, establish connections with...
Weekly NFT Sales Record Minor Ebb While Bitcoin Maintains Dominance
6.1.2024
According to recent data, sales of non-fungible tokens (NFTs) over the last week declined by 1.31% to $308.23 million, a decrease of $4.09 million from the prior week’s $312.32 million. NFTs centered around Bitcoin remained at the forefront among 21 distinct blockchain networks, experiencing...
Logan Paul Finally Offers Refunds For Failed NFT Game
5.1.2024
In case you forgot, controversial YouTuber Logan Paul promised to pay back millions of dollars to folks who fell victim to his NFT “game,” CryptoZoo. The game—a sort of Pokémon-like where you collect, sell, and trade exotic animals on the blockchain—never really existed, though, which left...
CryptoZoo Investors Offered Refunds a Year After Promised by Logan Paul
5.1.2024
Source: a video screenshot, Logan Paul / YouTube YouTuber Logan Paul is offering refunds for the never-released CryptoZoo NFT game – if he deems the NFTs eligible “in his sole discretion.” Also, former owners relinquish all right to sue. Announced in 2021, CryptoZoo was supposed...
Chilliz and Rarible Protocol enable next-gen NFT marketplaces
5.1.2024
Chiliz, a leading provider of blockchain technology for the sports and entertainment industries, has integrated Rarible Protocol into the Chiliz Chain in an effort to usher in a new era for NFT marketplaces and digital collectibles. The Rarible Protocol will be made available to developers...
Binance Labs invests in 9GAG’s Memeland native coin, MEME
5.1.2024
Binance Labs recently announced investing in Memecoin (MEME). It is the native ecosystem token on Memeland. The emerging platform is focusing on developing and promoting creator economies and SocialFi. Using the internet meme culture, it aims to connect communities and creators through NFTs...
DeChat announces collaboration with Omnisea
4.1.2024
DeChat has announced a collaboration with Omnisea. The objective is to improve users’ NFT experiences. The association between the two basically eliminates the need to have the technical knowledge involved in NFT. Moreover, it does away with the requirement to seek permissions and pay a cost....
Steamboat Willie’s Mickey Mouse Goes NFT After Entering Public Domain
2.1.2024
One of the first depictions of the Mickey Mouse character has finally entered the public domain, and it is now immortalized in a non-fungible token collection. A limited edition of 2,000 NFTs featuring the famous mouse in one of its first animated shorts, “Steamboat Willie,”...
Market Dynamics Shift as NFT Sales Tumble 63% Year Over Year
1.1.2024
According to recent statistics on non-fungible tokens (NFTs) for the past year, sales hit $8.70 billion in 2023. This figure represents a $15.04 billion or 63.35% decrease in NFT sales compared to the previous year. 2023’s NFT Sales Volume Declined Sharply, but Year-End Market Dynamics Hint...
Bitcoin Blockchain Sets New Record: December 2023 NFT Sales Surpass $881 Million for First Time Ever
1.1.2024
Source: Adobe/James Thew Sales of NFTs on the Bitcoin (BTC) network reached a new milestone in December 2023, surpassing $881 million for the first time ever. According data by CryptoSlam, NFT sales on the Bitcoin chain reached $881,223,753.92 last month, setting the highest single-month sales...
Bitcoin Reigns Supreme in NFT Market With Record-Breaking $853 Million in December Sales
30.12.2023
In November, Bitcoin clinched the leading position in monthly non-fungible token (NFT) sales, and interestingly, this month Bitcoin continued to retain its top status, amassing a total of $853 million in sales. NFT Sales Surge: Bitcoin Holds Top Spot With Unprecedented December Rise Although...
Avalanche Foundation Dives into Memecoin Market with $100 Million NFT Initiative
29.12.2023
Source: Avalanche The Avalanche Foundation, the nonprofit organization overseeing the development of the Avalanche Network, aims to allocate its $100 million non-fungible token (NFT) incubator fund to purchase memecoins. The move is part of the foundation’s “Culture Catalyst”...
Former US President Donald Trump Selling ETH Worth Millions of Dollars, Analysis Indicates
29.12.2023
An analysis by crypto intelligence firm Arkham indicates that Donald Trump, the 45th President of the United States, is selling millions of dollars in ether acquired from selling his non-fungible token (NFT) collections. The analytics firm also revealed that Trump’s highest crypto balance...
Elon Musk Criticizes NFTs, Gives Nod to Inscriptions: ‘At Least Encode the Jpeg on the Blockchain’
28.12.2023
Elon Musk, the chairman of X, has referred to non-fungible tokens (NFTs) and the defects of their implementation, indirectly making the case for inscriptions. Answering a post on X on the topic of NFTs, Musk suggested saving the jpeg (an image format) of the NFT on the blockchain, like inscriptions...
Starbucks Korea promotes sustainable sipping using Polygon NFT
28.12.2023
Starbucks Korea is making strides in environmental initiatives and customer service. The most recent one follows the brand’s announcement in Korea that patrons who bring their own reusable containers for their orders will be rewarded. Consumers are encouraged to bring their own cups...
Crypto Wallet Linked to Donald Trump Sent $2.4M in Ether to Coinbase
28.12.2023
A wallet flagged as owned by Trump sent ETH to Coinbase in the past three weeks, where it was presumably sold
Donald Trump Sells $2.4 Million Ethereum: Arkham Intelligence
28.12.2023
Source: Pixabay / heblo (Edited by Hongji Feng) Former U.S. President Donald Trump has sold a substantial amount of Ethereum, amounting to $2.4 million, according to Arkham Intelligence. In a recent post, the blockchain intelligence firm Arkham Intelligence shared a screenshot of a crypto wallet’s...
Elon Musk Weighs in on NFT Technology — Here’s What He Thinks
28.12.2023
Image Source: YouTube/Fox News Elon Musk has again shared his opinion about the current structure of non-fungible tokens (NFTs), noting that embedding JPEG images into a blockchain can establish exclusive ownership for enthusiasts. On December 27, Musk responded to a comment on his platform,...