Taproot Wizards' New Bitcoin NFTs Already Trading at Twice the Initial Sale Price. Even after a weeklong minting process marred by technical issues, the Quantum Cats digital images were going for more than $10,000 each on the NFT marketplace Magic Eden, on their first day of secondary...
Ryder Ripps and Jeremy Cahen saw their counterclaims against Yuga Labs rejected, and they were ordered to pay almost $9 million in compensation to the digital collectible firm. Artists Ryder Ripps and Jeremy Cahen have had their counterclaims in the lawsuit against Bored Ape Yacht Club (BAYC)...
NFT Collector Suzanne on "counter-culture" CryptoPunks and "unpredictable" generative art Thanks to her insatiable love for new technologies, anonymous CryptoPunk Suzanne has been thoroughly NFT-pilled, building up a beautiful and valuable collection of digital works, as well as acting as a...
OKX chief innovation officer Jason Lau argued that in open and permissionless networks like Bitcoin, all transactions are valid as long as they pay fees and conform to consensus. While some consider the Ordinals protocol anuisance to Bitcoin, others double down on its bet on the place of...
OpenSea chief executive officer Devin Finzer has disclosed that the New York-based marketplace for non-fungible tokens (NFTs) is open to M&A opportunities. In an interview with DLNews, Finzer revealed that OpenSea has been charting new waters, openly expressing interest in acquiring and...
KT Corporation, the South Korean telecommunications giant with over $32 billion in total assets, is closing down its non-fungible token platform, MINCL, as of March 4. The company cited âshifting business conditionsâ as the reason behind the closure of the platform, operated under the...
Non-fungible token (NFT) marketplace Magic Eden has rolled out an incentivization scheme for its collectors, and creators. Magic Eden to Give Back to Contributors For a long time, Magic Eden has channeled effort and resources into designing a long-term cross-chain NFT reward program. The scheme...
Ethereum network recorded sales worth $19.8 million in the last 24 hours. CryptoPunks, BAYC, and Pudgy Penguins lifted Ethereum to the top in recent days. After a brief scare,Ethereum [ETH]has reclaimed its position as the top blockchain fornon-fungible token (NFT)trading activity. According to...
Former President Donald Trump is reportedly set to make his debut on Bitcoin Ordinals. The announcement, made by CollectTrumpCards on X,revealedthe minting of Trump Digital Trading Cards NFTs on Bitcoin. The launch noted that it is offering the purchase of 100 Trump Digital Trading Cards using...
US video game retailer GameStop has just announced it has made the decision to close its NFTs platform due to uncertainty over cryptocurrency regulation.According to the announcement, the closure will take effect next February 2.Access more than 50 of the world's financial markets directly...
Last year was not a good one for non-fungible tokens (NFTs). Sales for the blockchain-based digital assetsfell 63%to $8.7 billion in 2023, even with volume tripling between October and November, Bloomberg News reported Sunday (Jan. 14), citing data from CryptoSlam. As that report notes,...
One community member on X described the move as âanother black eyeâ for the NFT industry. The removal of support for nonfungible token (NFT) profile pictures on X (formerly Twitter) sparked discussions among community members on what the move may mean for the NFT space. On Jan. 10,...
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...