Nft
131 articles

Immutable X braces for a big token unlock as NFT sales drop
Immutable X token is stuck in a deep bear market ahead of a big token unlock and as the outlook for non-fungible tokens darkens. Immutable X (IMX) retreated to $1.958…

SEC probes OpenSea, but NFT artists are likely not the target
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Coinbase, Uniswap, Robinhood, Kraken, and Consensys are…

Hyperspace shuts down NFT marketplace on Solana
Hyperspace, a multi-chain non-fungible token marketplace and launchpad, is shutting down its platform on Solana. The project announced this on Sept. 3, noting that the decision to shut down its…

OpenSea, Custodia, and the revival of Operation Choke Point 2.0
Could Operation Choke Point 2.0 and the SEC’s focus on OpenSea and Custodia push the crypto industry into a corner? SEC strikes the crypto industry again… As the U.S. approaches…

Pudgy Penguins floor price rises as key metrics improve
Pudgy Penguins, the viral Ethereum Non-Fungible Token collection, has defied the gloom in the industry in August. Data by CryptoSlam and Dune Analytics shows that its key metrics performed well…

NFT bubble burst: Monthly sales, transactions crash
The non-fungible token industry remained under pressure in August as sales continued falling. Total NFT sales dropped by 41% in August to $376 million as the number of buyers and…

Ripple CLO Stuart Alderoty Challenges SEC OpenSea NFT Wells Notice, Citing 1976 Art Gallery Ruling
The chief legal officer of the crypto firm Ripple is publicly issuing a challenge to the U.S. Securities and Exchange Commission (SEC). Yesterday, the CEO of the world’s largest non-fungible…

Tixbase partners with Passo to transform ticketing via Avalanche
Blockchain-based ticketing platform Tixbase has announced an exclusive partnership with Turkish event ticketing firm Passo, bringing their ticketing to the Avalanche blockchain. According to a news release on Aug. 29,…

Crypto community on OpenSea Wells Notice: ‘Welcome to the club’
Multiple pro-crypto voices weighed in against the Wells Notice issued to NFT Market OpenSea on Aug. 28, as the SEC’s sweeping crackdown advanced unchecked. OpenSea was named next on the…

SEC Says NFTs Are Securities in New Wells Notice Against OpenSea, According to CEO
The U.S. Securities and Exchange Commission (SEC) has sent a Wells notice to non-fungible token (NFT) marketplace OpenSea, according to the firm’s CEO. Devin Finzer says in a new post…

OpenSea CEO vows to fight SEC Wells Notice
NFT marketplace OpenSea received a Wells Notice from the U.S. SEC, indicating intent to sue the web3 startup. The Securities and Exchange Commission’s crackdown on allegedly non-compliant crypto service providers…

Donald Trump releases fourth NFT collection
Republican presidential candidate Donald Trump announced his fourth NFT collection with bonus trading cards via Bitcoin Ordinals. Titled “Series 4: The America First Collection,” former President Trump revealed that his…

Celo Foundation and Celosphere launch new music NFT collection
Celia Inside has launched a new music NFT collection on Celosphere, marking a significant moment for the platform. The launch and collection include 1,000 NFTs, priced at 3 CELO (CELO)…

Polygon price retreats as NFT sales, DEX volume rises
Polygon retreated for the first time in 10 days, even after seeing encouraging metrics on its non-fungible token and decentralized finance ecosystem. DEX volume and NFT sales rise Polygon (MATIC)…

NFT market up 23% in weekly sales; Ethereum leads charge
The non-fungible token market experienced a 23.4% jump in sales between Aug. 19 and 24. Ethereum currently dominates the landscape, followed by Solana and Polygon. In the past week, CryptoSlam…

Aptos teases NFT collaboration with Rarible amid on-chain activity spike
Layer-1 blockchain ecosystem Aptos is gearing up for a new collaboration with NFT marketplace Rarible as the network sees a spike in daily transactions. Aptos (APT), a layer-1 blockchain network…

SuperRare suffers reversal due to weak on-chain data
SuperRare’s price experienced a sharp reversal due to profit-taking after the token’s parabolic rise of over 500% between August 5 and August 15. The SuperRare (RARE) token retreated to $0.2280,…

Top cryptocurrencies to watch this week
Altcoins took a hit last week, leading to a $40 billion decline in the global crypto market cap, which dropped to $2.09 trillion. This week’s trio of top cryptocurrencies are…

NFT buyer activity surges over 173%, sales plummet
This past week, the overall non-fungible token market was a mixed bag. NFT sales volume dropped by 11.92%, totaling $81.8 million, while the number of NFT buyers increased by 173.25%…

Tokenizing agricultural trades will transform global food chains
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Agriculture, the bedrock of human civilization, faces…

IOTA launches blockchain tool to simplify music rights management
IOTA has introduced a new blockchain-based tool aimed at simplifying music rights management in the film industry. IOTA (IOTA), a distributed ledger focused on the exchange of value and data,…

NFT giant Animoca Brands partners with Lamborghini
Italian sports car manufacturer Lamborghini and Animoca Brands have announced a collaboration to “drive automotive brand engagement.” Automobili Lamborghini, the Italian luxury sports car maker, and Hong Kong-based crypto firm…

‘Another Major Run’ Coming for One Crypto Sector, According to Analyst – Here’s His Forecast
A widely followed crypto analyst believes that one digital asset sector is going to have a massive revival this market cycle. Pseudonymous crypto trader Kaleo tells his 643,400 followers on…

MonkeDAO launches probe amid allegations over treasury discrepancies
MonkeDAO, the community behind Solana’s Monkey Business Gen2 NFT collection, has launched an internal probe following allegations of treasury fund discrepancies. MonkeDAO, the community that oversees Solana‘s NFT collection Monkey…