With the rebound in the cryptocurrency market, the trading volume of Non-Fungible Tokens (NFTs) has also recently increased. The picture shows Beeple's artwork (left) which was auctioned for 78.5 billion won($59 million) at Christie's in 2021, and Mari Kim's 'Missing and Found',...
The controversial YouTuber has finally admitted that his blockchain Ń game âwill not be releasedâ Photo:Steven Ferdman(Getty Images) In case you forgot, controversial YouTuber Logan Paulpromised to pay back millions of dollarsto folks who fell victim to his NFT âgame,â...
Cointelegraph spoke with Web3 professionals to see what trends and challenges they predict the NFT space could face in 2024. As 2023 closes its curtains, nonfungible tokens (NFTs) continue to be a big part of the Web3 space. Community members are looking to 2024 with bullish eyes,...
Quick Take Yuga Labsâ NFT projects CryptoPunks, Bored Ape Yacht Club and Mutant Ape Yacht Club dominated the most expensive NFT sales of 2023. In fact, four of the sales were a CryptoPunk, four were a Bored Ape and one was a Mutant Ape Yacht Club NFT. The only non-Yuga Labs asset making the...
Quick Take Yuga Labsâ NFT projects CryptoPunks, Bored Ape Yacht Club and Mutant Ape Yacht Club dominated the most expensive NFT sales of 2023. In fact, four of the sales were a CryptoPunk, four were a Bored Ape and one was a Mutant Ape Yacht Club NFT. The only non-Yuga Labs asset making the...
Bitcoin Ordinals, the U.S. SEC deeming NFTs as securities and the issue of royalties for creators were some of the biggest topics in the industry in 2023. Nonfungible tokens (NFTs) remained an integral part of the Web3 ecosystem in 2023, with many community members continuously braving new...
In the last week, sales of non-fungible tokens (NFTs) have fallen by 12.26%, totaling $463.87 million, marking a decrease from the previous week. NFTs centered around Bitcoin topped the chart, amassing $265.61 million in sales, despite a 13.71% decline from the preceding week. Meanwhile, Solana...
The NFT market may have taken a downturn, but don't count it out yet. The real question is, are we ready for the next booms and the challenges they bring? bitsCrunch has some solutions. Vijay Pravin, founder and CEO of bitsCrunch was the guest of Cointelegraph's latest AMA. bitsCrunch is the...
Cryptocurrency markets are buzzing with activity as large-scale investors set their sights on promising digital assets. Among these, Cardano, Injective Protocol, and Memes Mogul have emerged as significant targets, attracting attention for their unique features and robust growth potential....
The hacker returned 36 BAYC and 18 MAYC after receiving a 120 Ether bounty payment from Yuga Labs co-founder Greg Solano. All Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) nonfungible tokens (NFTs) stolen from the peer-to-peer trading platform NFT Trader have been returned after...
In the historic auction house's first-ever sale of the Ordinals inscriptions known as "NFTs on Bitcoin," a batch of three pixelated images from a mushroom-themed collection drew about $450,000, or roughly five times the highest estimates. The first-ever sale by Sotheby's of...
Find out what happened in the world of crypto over the weekend with U.Today's news digest U.Today has prepared a summary of the top three news stories over the weekend. Shiba Inu's Shytoshi Kusama teases major game-changing announcement Shytoshi Kusama, pseudonymous leader of Shiba Inu, has...
According to data from DappRadar, OKX NFT marketplace secured 32% dominance in the NFT sector, surpassing OpenSea in trading volume. In ablog post on Dec. 7, 202, DappRadar gathered top marketplaces for trading digital collectibles, which allocated the most liquidity in November 2023. According...
Heavy metal band Megadeth took to X on Dec. 5 to announce the introduction of its 5,000-piece generative collection featuring the bandâs mascot, Vic Rattlehead. This initiative transforms beyond a traditional fan club, emerging as a community owned by the fans. Introducing @MegadethDigital....
Pulitzer-prize winning art critic Jerry Saltz has had it with NFTs. He tweeted last Monday: âI have found that about 90% of the people in the space of AI and NFT infatically [sic] DO NOT want criticism. Their reactions to it prove it. I tried. And tried. One guy hit me on my wrist when I walked...
Users who deposit digital assets to exchanges in South Korea will be eligible to receive interest on their deposits. South Korean regulator, the Financial Services Commission (FSC), published a notice highlighting that by July 2024, investors in digital assets must receive interest when...
Leveraging the benefits of blockchain, users can now tokenize and exchange these iconic collectibles with unprecedented ease and transparency. The inclusion of card collections into NFTs from diverse domains adds a captivating dimension to Polytrade Finance. Letâs explore more about this...
Online gaming platform MPL (Mobile Premier League) has acquired NFT marketplace Good Game Exchange (GGX), including purchasing the tokens of existing investors as well, revealed Entrackr. The entire acquisition of the business was made for $12.75 million as per the regulatory filing. However, the...
Sebastian Errazuriz's site-specifc installationMAZE: Journey Through the Algorithmic Selfon the beach in Miami during Art Week.Courtesy of Faena Artnone During the 2021 crypto boom, Miami became the white-hot center of the scene: Sam Bankman-Fried, founder of cryptocurrency exchange FTX,...
Pudgy World, an interactive digital world available to Pudgy Penguin NFT holders, will become available in alpha mode sometime next year, according to the companyâs CEO. Move over, Club Penguin. Pudgy Penguins, the NFT-linked toys that waddled into Walmart earlier this year, are marching into...
The Pudgy Penguins NFT empire is expanding and will open the gates for its metaverse experience Pudgy World sometime in 2024. Pudgy Gaming. Image: Pudgy Penguins. Pudgy Penguins, the Ethereum NFT profile picture (PFP) collection first launched in July 2021, has unveiled a trailer at Art Basel...
âHaving a receipt of an in-game item is not the same as having that in-game item.â When I heard these words coming from Asmongold's mouth about the issue of NFTs in gaming, my mind went straight to all the warnings we have heard about it already. âNFTs will change gaming for the...
U.Today has prepared a summary of the top three news stories over the weekend. Shiba Inu's Shytoshi Kusama teases major game-changing announcement Shytoshi Kusama, pseudonymous leader of Shiba Inu, has recently taken to his âShibarium Techâ Telegram channel to thank the SHIB...
What Happened to NFTs Introduction The year 2023 marked a period of recalibration for Non-Fungible Tokens (NFTs) following the monumental hype they garnered in the previous years. As the dust settled, the focus shifted from mere speculation to a more grounded assessment of value and utility. This...
WAX co-founder William Quigley told Cointelegraph that despite the bear market, NFT technology remains promising. Disney and Funko release trading card NFTs Pop culture collectible manufacturer Funko has collaborated with Disney to launch nonfungible token (NFT) trading card packs,...
A 'Web2' action game previously released via Steam and console systems will be the first tradable digital PC title on Ultra. Josh Journey: Darkness Totems. Image: Provincia Studio Ultra, a PC marketplace for both blockchain and traditional âWeb2â video games, is about to make good on one of...
FIFA, the international governing body for the world's most popular sport, is dropping a limited number of digital collectibles later this week that will give holders the opportunity to watch the final game of the 2026 World Cup, according to a statement. "For the first drop, 100 digital...
Why Are NFTs Bad?This pressing question underscores todayâs heated discussions around Non-Fungible Tokens (NFTs). Despite the buzz, many investors are left grappling with unsellable NFTs, questioning their value and security. This article cuts through the noise to examine the critical issues...