Category: NFT

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…

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….

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…

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…

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, 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…

In a notable move that underscores the significance of supporting creators in the NFT space, Yuga Labs has declared its decision to discontinue collaboration with NFT marketplaces that fail to…

In a strategic move to consolidate its dominance in the NFT industry, Yuga Labs, the creative force behind the Bored Ape Yacht Club, has formally acquired Proof, the distinguished creator…

In a notable development, Ethereum’s non-fungible token (NFT) market has experienced a remarkable resurgence, achieving the highest weekly trading volume since February 2023. Recent data from CryptoSlam reveals a substantial…

In a remarkable achievement, Skrice Studios’ blockchain-powered mobile game, “Heroes of Mavia,” has initiated a token airdrop following an impressive milestone of over 1 million downloads. The game, which garnered…

Elon Musk’s social media platform, X (formerly Twitter), has decided to discontinue a feature that allowed premium users to showcase non-fungible token (NFT) images as their profile pictures. Introduced two…

South Korean gaming behemoth WeMade is grappling with a substantial $41 million tax bill, stemming from the National Tax Service’s investigation into the company’s crypto-related activities spanning 2019 to 2022….

In a noteworthy move, China’s Ministry of Industry and Information Technology has pledged to enhance the development of non-fungible tokens (NFTs) and decentralized applications (DApps), underscoring its commitment to blockchain…

OKX’s NFT has surpassed prominent competitors including Blur, Magic Eden, and OpenSea, boasting an astounding daily trading volume of more than $50 million. This milestone, which was recorded on December…

Tiger Global saw an 18% loss, which led to a major reduction in valuations throughout its portfolio, including OpenSea. Following the American investment firm Tiger Global Management’s decision to lower…

What is an NFT (Non-fungible Token)? NFTs can be used to track and validate ownership or identity by utilizing blockchain technology. They use the same underlying blockchain cryptography technology, but…

Following the NFT platform’s collaboration with retail giant Walmart, the weekly trading volume of Pudgy Penguins shot up by around 241%. According to experts who have been closely monitoring live…

Non-fungible tokens, or NFTs for short, have many applications today, the main one being the establishment of unique ownership. We shall discover the definition of NFTs and the reasons for…

In the recent development in the gaming industry, Take-Two, the developer behind the well-known ‘Grand Theft Auto’ franchise that was acquired by Zynga has recently ventured into the world of…

The market of non-fungible tokens (NFTs) is growing at an exponential rate attracting a large volume of users with its authenticity and decentralized nature. The recent news on the collaboration…