While sales of non-fungible tokens (NFTs) have declined by over 38% in the past 30 days compared to the previous month, NFTs minted on the Bitcoin blockchain have dominated, accounting for more than 44% of sales. Statistics from the last 30 days reveal that four of the top five best-selling NFT...
Quick Take CryptoPunk #635 sold for 4,000 ETH ($12.41 million) on April 25. The sale is the sixth-most expensive CryptoPunk sale of all time and the third-most expensive one to happen in 2024. The sixth-most expensive CryptoPunk NFT sale occurred on Thursday. CryptoPunk #635 sold for 4,000...
Amended PayPal policies excluding NFTs from buyer and seller protection coverages will take effect on May 20. Multinational payment services firm PayPal is silently taking down protections for purchases related to nonfungible tokens (NFTs). On May 20, amended policies will take effect,...
Jose Martinez Calderon / Getty Images Non-fungible tokens (NFTs) —digital assets that represent a wide range of tangible and intangible itemsand are recorded on a blockchain —reached peak hype a few years ago. At the time, they attracted massive amounts of money. For instance, auction...
The Runes protocol will launch when Bitcoin's halving takes place, and a wave of new tokens will ignite a new season for the world's largest blockchain. The 2024 halving is a major event in the cryptocurrency world. This year, however, the Runes protocol — and the hunt for the epic...
Quick Take Powerhouse web3 brand Bored Ape Yacht Club has seen the floor price for its once-celebrated NFTs reach its lowest point since August 2021. The floor price has declined by more than 90% from its all-time high, which it hit almost exactly two years ago. Bored Ape Yacht Club NFTs may...
Animoca Brands Japan, a subsidiary of the renownedAnimoca Brands, has announced plans to establish an NFT launchpad scheduled for release this summer. This initiative aims to facilitate the global expansion of Japanese IP and content creators in web3 by leveraging Animoca Brands’ extensive...