NFTs surge as Bitcoin and Ethereum rise, with Ethereum's Pudgy Penguins up 70% and Solana's Mad Lads jumping 56%. The recent upswing in the values of Bitcoin and Ethereum has led to a significant boost in various NFT markets. Notably, collections on Ethereum and Solana are experiencing a surge...
The Buterin Cards NFT collection triggered a 13% gas fee increase on the Ethereum (ETH) network. In the past 24 hours, transactions linked to the collection resulted in fees totaling 318.31 ETH, equivalent to $665,670. Buterin-themed NFTs As of 3:00 p.m. ET on Dec. 1, transactions linked to a...
Ronaldo and Binance are yet to publicly comment on the lawsuit - and just two days ago, the former Manchester United player said he was "cooking something up" with the embattled trading platform. Image:Cristiano Ronaldo. Pic: BinanceCristiano Ronaldo has been hit with a $1bn (£791m) class...
Lads on top: the prominent Solana NFT project leads the market in 24-hour sales volume as prices climb to yet another peak. Mad Lads, aSolanaprofile picture (PFP) collection launched earlier this year, continues to outperform most of the prominentNFTprojects of late, with the entry price...
CoinGecko, a prominent independent cryptocurrency data aggregator, has recently announced its acquisition of Zash. This strategic move is set to increase CoinGecko’s cryptocurrency services by incorporating Zash’s NFT information into its API, offering users a holistic perspective of...
Artist and legal scholar Brian Frye says inaccessible crypto tokens cannot be sold, but can be donated — with potentially significant tax benefits. (John Thomas/Unsplash, modified by CoinDesk) The nightmare of every NFT collector is losing their seed phrase. It’s hard to see a hacker steal...
One JPEG flipper saw millions of dollars in rewards from Blur's Season 2 airdrop. Now the marketplace is teasing its own Ethereum layer-2 network, Blast. AsNFTmarketplaceBlursets its sights on a so-called Season 3 of rewards for traders, one JPEG flipper walked away with more than $8.4 million...
Luca Netz, CEO of Pudgy Penguins, made his first million selling fake gold chains. Luca Netz grew up homeless before becoming a self-made millionaire.Courtesy of Luca Netz Welcome to “How I Made My First Million,” Fortune’s newest series in which we interview today’s most powerful people...
Cointelegraph reached out to various professionals in the Web3 space to get their thoughts on the recent upward trend in NFT sales volumes. In this week’s newsletter, check out Disney’s plans to release anonfungible token (NFT)platform by the end of 2023 and find out why NFT sales volumes...
NBA Top Shot maker Dapper Labs is expanding beyond sports with digital c pins minted as NFTs on Flow. Entertainment giant Disney will launch anNFTcollectibles platform withNBA Top Shotmaker Dapper Labs calledDisney Pinnacle, the companies announced Tuesday. Inspired by the physical pins that...
Roblox founder and CEO David Baszucki expects top brands and celebrities to take charge and play a key role in making the “dream” of cross-platform NFTs come true. The frontman of the popular virtual universe game Roblox,David Baszucki, said he “dreams” of having the ability to...
Quick Take Yuga Labs co-founder Wylie Aronow, aka Gordon Goner, has spent more than $1.5 million on NFTs from marquee collections like CryptoPunks, Doodles and the artist Beeple. Aronow’s spending spree, which a couple days ago he teased on X, comes amid a small rebound in NFT trading...
Coatue also marked down its stake in MoonPay by 90% The valuation of non-fungible token (NFT) marketplace OpenSea has been slashed by 90% by asset manager Coatue Management, according todocuments seen by The Information. In 2022, Coatue and Paradigmleda $300 million roundfor the NFT...
The NFT platform, used to trade Bored Apes and Pudgy Penguins, laid off 50% of its employees as digital art collectibles' floor prices continue to fall. OpenSea faces clouds. (Jonny Clow/Unsplash) Non-fungible token (NFT) platform OpenSea has pared back its operating staff as digital art...