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Key Highlights Capital outflows from high-value Ordinal inscriptions led to a 71% drop in Bitcoin-based NFT revenue this week. Despite the decline in dollar volume, the Bitcoin network saw a…
In his presentation, OpenSea’s CEO framed the company as a viable alternative to to both centralized and decentralized exchanges. The CEO stated that the platform’s trading volume in October surpassed…
Data from NFT tracker CryptoSlam shows that sales of non-fungible tokens (NFTs) reached over $574 million in July, the second-highest monthly volume this year. This was behind January’s $678.9 million,…
The NFT market roared to life on Monday, jumping more than 20% in a single day, with total market cap rising from $5.1b to $6.3b. After months of stagnation, renewed…
The number of NFT traders on Ethereum surpassed 40K and reached 2022 levels. The NFT market is growing to be an essential infrastructure for emerging spaces like gaming and AI.…
Investors claim Nike’s shutdown of RTFKT was a $5M “rug pull.” Plaintiffs argue Nike NFTs qualify as unregistered securities. NFT values crashed after promised features were scrapped. A group of…
A recent report stated that a man pleaded guilty for false tax returns submission on his NFT sales. NFTs have been receiving increased attention from regulators over the past few…
Doodles NFT collection achieved a $16 million weekly trading volume. The NFT market is adopting a dual-chain approach. The Doodles NFT collection has achieved a remarkable $16 million in weekly…
The crypto community is waiting for the listing of the Doodles airdrop’s DOOD token tomorrow. Pre-registrations for the airdrop end today at 4 p.m. ET, which has also caused a…
NFTs have surged over the past few years. What was once a small segment of the blockchain world has transformed into a large marketplace for digital art, collectibles, virtual real…