Nft
131 articles
June sales drop 47% but there are more buyers and sellers
The non-fungible token (NFT) market experienced a remarkable drop in activity over the past month, with significant dips across various metrics. According to Crypto Slam data: Global NFT sales volume…
Spot Bitcoin ETFs rebound, $137.2m in four-day inflow surge
U.S. spot Bitcoin (BTC) ETFs have seen a positive shift, registering four consecutive days of net inflows amounting to $137.2 million. The turnaround started on June 25, following a tough…
Billionaire Mark Cuban Abruptly Unloads Over a Dozen NFTs in Just Two Days, Lists Two Others for Sale
Celebrity billionaire Mark Cuban has unloaded more than a dozen non-fungible tokens (NFTs) in a matter of days after letting them sit dormant for years. Cuban hawked a total of…
NFT sales drop 12% as Ethereum dominates, Polygon surges
The NFT market continues to experience a decline, with sales dropping 12% last week. Recall sales plunged 16% during the previous week. According to CryptoSlam, total sales for the last…
Vatican Library embraces blockchain to preserve manuscripts, engage donors
The Vatican Library has partnered with NTT DATA Italia to use blockchain technology to preserve its vast collection of manuscripts. Announced on June 17, the “Vatican Library Web3 Support Project”…
Pendle soars over 17% despite market-wide bloodbath; Arweave and Toncoin also in the green
Despite the broader cryptocurrency market experiencing a significant downturn, Pendle (PENDLE) has managed to buck the trend, soaring over 17% this week, with its market cap inching closer to the…
Solana-Based NFT Platform Defies Sideways Crypto Market, Surges by About 30% This Week Amid Increased Activity
The native token for a Solana (SOL)-based non-fungible token (NFT) platform surged by nearly 30% this week, defying the wider crypto market doldrums. Metaplex (MPLX), which aims to facilitate the…
Proof-of-Stake Blockchain Leapfrogs Decentraland To Become Crypto’s Top NFT Project for Development: Santiment
A proof-of-stake blockchain leapfrogged the Ethereum (ETH)-based virtual reality platform Decentraland (MANA) to become the top non-fungible token (NFT)-related crypto project in terms of development activity, according to the analytics…
Vitalik Buterin Criticizes Celebrity Memecoin Trend, Calls for Use Cases Other Than Enriching Founders
Ethereum (ETH) co-founder Vitalik Buterin is calling out the celebrity memecoin trend, saying that digital assets need other use cases than simply enriching founders and early adopters. In a new…
Yuga Labs Co-Founder Says Company ‘Lost Its Way,’ Announces Layoffs in Bid To Create New Cryptonative Team
Yuga Labs co-founder Greg Solano says the company behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) is trimming down its workforce. In a message to employees shared on…
Coffee Giant Starbucks Announces Shutdown of NFT Rewards Program
Starbucks is shutting down its loyalty program that rewards participants with non-fungible tokens (NFTs) minted on the Polygon (MATIC) blockchain. The world’s largest coffeehouse chain rolled out the Starbucks Odyssey…