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Six-Figure Prices for Bitcoin Rock Ordinals and EtherRock NFTs Reignite Hopes for Return of NFT Mania
11.11.2023
$100k+ Sales of EtherRock NFTs and Bitcoin Rock Ordinals Stoke Speculation of an NFT Revival. Image by Garrett, Adobe Stock. Nonfungible tokens (NFTs) are back in the spotlight this week after separate high-profile sales of EtherRock NFTs and Bitcoin Rock Ordinals for over $100,000 each. The sales...
Legal Action Threatened Over Eye Injuries at ApeFest: Bored Ape NFT Holder Speaks Out
9.11.2023
Source: AdobeStock / alexandarilich Yuga Labs, the maker of the popular Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs), is now on legal notice over injuries sustained at ApeFest. The founder and CEO of art technology company Artfi, Asif Kamal, tweeted early on Thursday (UTC) that he...
NFT Giant Opensea Retrenches an Unknown Number of Employees
9.11.2023
Opensea recently retrenched an unknown number of employees as part of what the CEO Devin Finzer describes as a rebuilding exercise. According to the CEO, taking this step helps Opensea build a foundation which enables it to innovate faster. Smaller Team With Direct Connection to Users Opensea,...
Bitcoin Flips Ethereum for the First Time in 24-Hour NFT Sales Shift
8.11.2023
On Wednesday, November 8, 2023, the Bitcoin blockchain saw its non-fungible token (NFT) asset sales surpass those on the Ethereum platform, marking a historic shift during a single-day span. According to the analytics provided by cryptoslam.io, Bitcoin-based NFT transactions amounted to $17.17...
NBA Top Shot Welcomes San Antonio Spurs Phenom Victor Wembanyama
8.11.2023
San Antonio Spurs. Source: Adobe / HTGanzo San Antonio Spurs’ sensation, Victor Wembanyama, has taken the NBA Top Shot stage. Following a remarkable six-figure non-fungible token (NFT) sale on Sorare NBA, Wembanyama made his debut on NBA Top Shot on Tuesday. The young basketball star will...
Final Fantasy Publisher Square Enix Reveals How to Obtain NFTs for Upcoming Game Symbiogenesis
8.11.2023
Source: Symbiogenesis / Twitter The Japanese gaming giant Square Enix has shared how players can get characters for its upcoming non-fungible token (NFT) game Symbiogenesis. Ethereum and Polygon NFT game Symbiogenesis is nearing its December launch. Therefore, the Final Fantasy series creator...
SwissGold Crypto AG Launches Gold-Backed NFTs for Wealth Preservation
7.11.2023
PRESS RELEASE. Zug, Switzerland – SwissGold Crypto AG, a Swiss-regulated crypto issuer, introduces a novel solution to the wealth preservation challenge in times of inflation and uncertainty: gold-backed non-fungible tokens (NFTs). Gold’s enduring stability, in contrast to depreciating fiat...
NFT Sales Spike to $129M in November, with Blur Leading the Charge: Nansen
6.11.2023
Digital collectible sales are skyrocketing after months of a downtrend. According to blockchain analytics firm Nansen AI, the non-fungible token (NFT) ecosystem has seen a remarkable increase in sales volume in the past five weeks. Nansen shared a chart on X (formerly Twitter) showing NFTs sales...
The Simpsons Satirizes NFT Mania in Latest ‘Treehouse of Horror’ Episode
6.11.2023
On Sunday’s anticipated Halloween special, The Simpsons unveiled its thirty-fourth “Treehouse of Horror” episode, showcasing Bart’s transformation into a non-fungible token (NFT) by Homer. In a twist of events, Marge rescues Bart from the blockchain’s abyss, only...
Nike-RTFKT NFT Collections Generate $1.4 Billion in Trading Volume
6.11.2023
Non-fungible token (NFT) collections by sportswear giant Nike and virtual sneakers and collectibles creator RTFKT have seen $170 million in earnings and a whopping $1.4 billion in trading volume. There are two notable factors to keep in mind. One, Nike and RTFKT have joined hands less than...
Bart on Blockchain: The Simpsons Weaves NFTs into the Show Again
6.11.2023
The iconic show The Simpsons latest annual Halloween special “Treehouse of Horror” returned the world of non-fungible tokens (NFTs), playfully critiquing the digital trend that has become a cultural phenomenon. In the episode, Marge embarks on a quest through the blockchain to save...
NFT Marketplace OpenSea to Reduce Workforce as it is Planning “Big Changes”
6.11.2023
Leading non-fungible token (NFT) marketplace OpenSea, unveiled plans to lay off half its workforce, amid the company’s major restructuring plans. The platform’s CEO Devin Finzer wrote on X (Twitter) that the firm is making “big changes” to focus on a new version –...
The Simpsons Take a Dig at NFTs, Crypto in 'Treehouse of Horror' Episode
6.11.2023
"Remember how we were always saying we wish Bart was less fungible," Homer asks Marge after he puts his son on-chain
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%...
NFTs on the Rise Again: October Saw 32% Growth in Trading Volume – Trend to Continue This Month?
4.11.2023
The market for non-fungible tokens (NFTs) is experiencing a resurgence, with October witnessing a substantial 32% growth in trading volume compared to the previous month. According to data released by crypto data firm DappRadar, NFT trading volume surged by $99 million, reaching $405 million...
Web3 Pioneer Treehouse Dives Into NFT Analytics with Origins Acquisition
3.11.2023
Web3 data firm Treehouse has announced its acquisition of Origins Analytics, with the goal of expanding into NFT analytics. In a press release released on Thursday, the Singapore-based Treehouse said that it had completed the intellectual property acquisition of Origins to “bolster...
Elon Musk Criticizes NFTs on Joe Rogan Podcast, Delighting Bitcoin Enthusiasts
2.11.2023
Tesla chief, X owner, and well-known Dogecoin (DOGE) proponent Elon Musk has taken a swipe at non-fungible tokens (NFTs), and his comments have resonated with Bitcoin (BTC) enthusiasts. During a recent appearance on the “Joe Rogan Experience” podcast, Musk criticized the notion that...
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...
Games Backed by Disney, Alibaba, Google, Square Enix Will Build on Immutable zkEVM, ‘Blockchain Gaming to Become Synonymous with Gaming’
2.11.2023
Three new upcoming games from Australia and Asia-based teams have committed to building on Zero-Knowledge (ZK) proof-based scaling rollup Immutable zkEVM. In an interview with Cryptonews, Michael Powell, Product Marketing Lead at Web3 gaming platform Immutable, discussed the relevance of ZK...
Mox Capital Pours $410 Million into Exploring the Future of Digital Assets – Crypto Funding Making a Comeback?
1.11.2023
Alternative investments think-tank Mox Capital says it’s seeking out ideas to fund and help them “get off the ground quicker.” Therefore, according to the press release, the group has committed $410 million in order to, as it said, “further explore digital assets.”...