Solana NFTs recorded their second-highest monthly sales volume in December 2023, with $365 million in sales volume for the month. Solana-based nonfungible tokens (NFTs) recorded an all-time sales volume of over $5 billion after an uptick in NFT trading activity on the blockchain in the last...
An NFT trader just made $13 million trading Autoglyphs NFTs. The pseudonymous trader, who goes by the name OldSchoolCollection, sold 10 Autoglyphs purchased in February 2021 to a private collector for $14.5 million. A high-value NFT trader has just realised a $13 million profit after...
Bored Ape creator Yuga Labs acquires struggling rival Proof and its collection Moonbirds, absorbing its team and planning metaverse integration to further cement its status as a juggernaut in the NFT space. The hits just keep on coming for Bored Ape Yacht Club creator Yuga Labs. The...
Dynamic NFTs transform social media, enabling personalized and ever-evolving user journeys within the Web3 landscape. Nonfungible tokens (NFTs)have not only made a significant impact on the world ofblockchain gamingand digital art, but they also hold the promise of revolutionizing other...
The South Korean NFT and game development platform apparently suffered a private key leak that hackers used on Feb. 9. PlayDapp announced just before 11:00 am UTC on Feb. 13 that it had halted its smart contract to take a screenshot for migration as the hack against the South Korean Web3 game...
NEW YORK, NEW YORK - JUNE 23: People walk by a billboard that reads, "Web3 Gaming" in Times Square... [+] Getty ImagesGaming has always been one of the most promising segments for Web3 technologies, offering benefits such as ownership and interoperability of assets, transparent gameplay, and...
ERC-404, which mixes Ethereumâs ERC-20 token and ERC-721 NFT standards, is gearing up for a bid to be the blockchainâs newest standard. An unofficial and experimental Ethereum standard dubbed âERC-404â â proposed to become a hybrid of fungible and nonfungible tokens (NFTs) â is...
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...