Category: NFT
Animoca Brands Japan Presents “SORAH,” the NFT Launchpad
Uniting the World in Harmony “SORAH by Animoca Brands” was the basis for the name, according to Kensuke Amo, COO of Animoca Brands Japan. Inspired by the way the sky…
NFT Workx Releases Real-World Asset Tokening App
The most recent version of the program allows customers to turn physical goods into digital assets stored on the blockchain. Asset Workx App: What is it? The Asset Workx App…
One million plush units have been sold in less than a year, according to Pudgy Penguins
In a video uploaded on X, Pudgy Penguins, one of the top ten NFT collections by volume traded, revealed that it had sold more than a million plush toys through…
Three rare NFTs are lost by bored Ape owner to phishing hoax
It looks that a malicious actor took three NFTs worth a total of 54.8505 ETH ($164,400) from a member of the Bored Ape Yacht Club. The Bored Ape holder claimed…
As the cryptocurrency market declines, Azuki NFT sales soar to all-time highs
Azuki, an Ethereum-based cryptocurrency, reached unprecedented heights in the non-fungible token (NFT) market as the cryptocurrency market saw severe downturns, with Bitcoin (BTC) falling to its lowest level since February….
Yuga Labs focuses on a smaller crypto-native staff by restructuring the organization and eliminating jobs
Due to internal restructuring, the web3 behemoth Yuga Labs had to let go of several team members on Friday. Greg Solano, a co-founder of Yuga Labs and the company’s new…
Futabasha Collaborates with SBINFT for Exclusive NFT Giveaway
The collaboration between Futabasha, a renowned manga publisher, and SBINFT, a leading Web3 platform, highlights the growing trend of mainstream companies embracing NFTs as a marketing tool. By leveraging blockchain…
The sixth-most expensive item ever, CryptoPunk, is sold for 4,000 ETH ($12.41 million)
On Thursday, the sixth-most costly CryptoPunk NFT sale took place. According to the CryptoPunks sales page, CryptoPunk #635 sold for 4,000 ETH, or $12.41 million, on April 25. The seller…
As Magic Eden soared last month, Blur continued to be the leading NFT marketplace in Q1
With $1.5 billion in NFT trading volume in the first quarter of this year, Blur continued to be the top non-fungible token marketplace. Nonetheless, Magic Eden increased its market share…
PayPal eliminates the safeguards for NFT buyers and sellers
According to the company’s little-noticed terms-of-service modification, PayPal is discreetly withdrawing the purchasing and selling safeguards for non-fungible token-related (NFT) transactions, partially reversing its prior position. NFT purchases will no…
Adidas and Stepn, a cryptocurrency exercise app, are partnering to release NFTs and merchandise
Stepn, a fitness app founded in Solana, announced on Monday that it is partnering with shoe and sportswear giant Adidas. The Stepn x Adidas Genesis Sneakers collection, a batch of…
Floor price of Bored Apes has dropped more than 90% from its peak and is at its lowest point since 2021
Given that the floor price of the once-celebrated collection has dropped to its lowest position since August 2021, Bored Ape Yacht Club NFTs might have had more than just a…
Magic Eden Embraces Bitcoin Runes Following Ordinals Success
Magic Eden, a cross-chain NFT marketplace, has announced its support for the upcoming Runes fungible token standard on the Bitcoin network. This move comes after the platform’s recent success with…
Nifty Island Launches Speedrun Challenge: Earn NFTs with Creativity and Speed
Nifty Island, a blockchain game on the Ethereum network focusing on user-generated content, has announced an exciting two-part speedrunning challenge centered around its new play mode, “Break the Targets.” In…
Historic CryptoPunk Sale Marks Second Record-Breaking Transaction of March
In a significant milestone for the CryptoPunk community, the second most expensive CryptoPunk ever recorded has been sold once again, fetching a staggering 4,850 ETH, equivalent to $16.42 million, on…
Andrew Kang Acquires Original Pepe the Frog NFT Amidst 3AC Liquidation
For an undisclosed amount, co-founder of Mechanism Capital Andrew Kang acquired the original Pepe the Frog NFT from the estate of collapsed cryptocurrency hedge fund Three Arrows Capital, or 3AC….
Milady Founder Reports Hack Following Ether and NFT Transfers
Krishna Okhandiar, also known as Charlotte Fang, the founder of Remilia and creator of the Milady NFT collection, has allegedly fallen victim to a hack, resulting in the transfer of…
Revolutionizing Ticketing: IRCTC Introduces NFTs for Holi Festival Trains
In a groundbreaking move, the Indian Railway Catering and Tourism Corporation (IRCTC) is revolutionizing the ticketing experience for the vibrant Holi festival trains by introducing nonfungible tokens (NFTs). This innovative…
Starbucks Discontinues Odyssey NFT Program: Exploring the Evolving Landscape of Brand Loyalty
In a recent update, Starbucks has announced the discontinuation of its Odyssey NFT program, which was in the beta phase, citing the need to prepare for future developments as the…
NFTfi Secures $6 Million in Series A1 Funding to Enhance NFT Lending Platform
NFTfi, a prominent non-fungible token (NFT) lending protocol, has successfully raised $6 million in its latest funding round, Series A1. Led by Placeholder VC, the funding round saw participation from…