NFT sales have surged to $8.8 billion in 2024, led by dominant blockchains Ethereum and Bitcoin, despite facing significant market challenges. The late-year growth in Q4 managed to counter a seven-mon...
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NFT Sales Hit $8.8 Billion in 2024: Growth Despite Challenges
NFTs recorded a total sales volume of $8.8 billion in 2024, marking a slight increase of $100 million from the previous year. This 1.1% year-on-year growth reflects both the potential and challenges ...
Plus Wallet at the Forefront of Decentralized Wallet Rankings; Bitget Incorporates BGB Token & SafePal Unveils NFT Campaign
This week in the cryptocurrency wallet sector is alive with news. Bitget has unified its BWB and BGB tokens, positioning BGB as the premier token across its exchange and wallet services. Simultaneous...
Solana Achieves Record $102 Million in On-Chain NFT Sales Volume in December 2024
On January 1st, **COINOTAG** reported a significant milestone in the Solana blockchain ecosystem. Data from **CryptoSlam** reveals that on December 31st, Solana’s on-chain **NFT sales volume** exceede...
Why Did this Investor Sell Pudgy Penguin NFT for just $175?
The Pudgy Penguin NFT series is one of the most demanded non-fungible tokens in the market, which is why they also have a decently high value. However, the people were speechless when an investor sold...
Qubetics: Weekly 10% Hikes Point to $0.25 Post-Presale – The Best Coin to Invest in December 2024 Amid Solana’s NFT Growth and ICP’s Innovation
What drives your decision when selecting the best investment coins in December 2024? Is it innovative features, promising returns, or the potential to reshape digital finance? For many, it’s a mix of ...
SEND Arcade launches NFT entry pass for Squad Game Season 2, inspired by Squid Game
The Solana-based SEND Arcade has released the second season of its on-chain Squid Game inspired Squad Game. Players can mint entry passes on Magic Eden starting from Dec. 30. According to the official...
Scammers Exploit Pudgy Penguins NFT Holders
A recent phishing scam has emerged, specifically targeting Pudgy Penguins NFT holders, raising alarms over the safety of cryptocurrency transactions. Scammers are employing deceptive Google advertisem...
Virtual Reality Platform Decentraland Continues To Lead Santiment’s Rankings of Top NFT Projects by Development
The Ethereum (ETH)-based virtual reality platform Decentraland (MANA) continues to clock more development activity than any other non-fungible token (NFT) project, according to the crypto analytics fi...
2024 NFT Revenue Tops Last Year’s $8B Mark
The broader non-fungible token (NFT) market has defied expectations after it surpassed last year’s revenue milestone. Data collected by CryptoSlam shows that with less than a week left before 2024 end...
NFT market slumps 50%, Pudgy Penguins lead market downturn
The non-fungible token market has seen a major downturn as Bitcoin declined 4% over the past week to $94,000 and Ethereum retreated to $3,300. According to the latest data from CryptoSlam, the NFT mar...
Ethereum NFT Trading Volume Hits $186 Million Amid Pudgy Penguins Token Launch
Ethereum NFT Trading Volume Hits $186 Million Amid Pudgy Penguins Token Launch – BitcoinWorld Skip to content Home News Crypto News Ethereum NFT Trading Volume Hits $186 Million Amid Pudgy Pengu...
Ethereum Leads NFT Market Surge with $186 Million in Transactions, Fueled by Pudgy Penguins’ Token Launch
As of December 28th, Ethereum has experienced a significant uptick in its NFT transaction volume, which soared to an impressive $186 million last week. This marks a remarkable 67% increase from the pr...
Ethereum NFT Trading Volume Reaches Three-Month High: Potential Shifts in Tokenization Strategies Following Pudgy Penguins Catalyst
Ethereum’s NFT market has witnessed a remarkable resurgence, with trading volume skyrocketing to $186 million last week. This latest surge, marking a 67% increase from the previous week’s $111 million...
Bitcoin Runes Protocol Faces Decline in Transactions Amid Broader NFT Market Challenges
The Bitcoin Runes protocol, once a beacon of activity in the crypto sphere, has seen a dramatic fall in transaction volume, sparking industry discussions. The decline in transactions in December highl...
Which predictions were fulfilled in 2024: Bitcoin (BTC) rallied as expected, the NFT market did not come back
The past year brought a shift in the crypto market, extending the recovery from the stagnant period of 2022-2023. Bitcoin (BTC) remained the leading narrative, fulfilling even the more optimistic pric...
$MOCA Price Soars 42% Amid Major Wallet Transfers And NFT Market Growth
Over the past two hours, Mocaverse’s Operational Expenses and Liquidity wallets have moved 24.5 million $MOCA tokens, worth approximately $10 million, to major exchanges including Gate.io, KuCoin, Byb...
Pudgy Penguins NFT Users Targeted by Google Ad Network Phishing
An elaborate scam has been detected, where attackers are now utilizing ad networks to perpetrate phishing attacks affecting the users of the Pudgy Penguins NFT project. According to ScamSniffer, the ...
Animoca Brands CEO’s X account hacked – Is a scam token or NFT launch in the works?
Yat Siu, the CEO and co-founder of the Hong Kong-based software and venture capital firm Animoca Brands, has had his X account compromised. Hackers are now using his account to market questionable tok...
Pudgy Penguins NFT Floor Price Soars to 22.85 ETH: A 17.19% Surge in Just 24 Hours
According to recent data from COINOTAG on December 26th, the Pudgy Penguins NFT collection has experienced a significant uptick in market activity, with its floor price now exceeding 22 ETH. The lates...
Ethereum NFT Collections Propel Weekly Sales to Over $300 Million Amidst Fraud Allegations
This week, Ethereum NFTs dominated the digital landscape, with sales volumes hitting an impressive $304 million, reflecting a strong resurgence in the market. Despite rising enthusiasm around NFTs, th...
Tether Blacklists Address Linked to Roost Coin Amid Possible Connection to $22M NFT Fraud
According to blockchain security firm PeckShield, Tether has added the Ethereum address “0x88E6…4d47” to its blacklist. The blacklisted wallet reportedly holds 13.144 million USDT on Ethereum and 2.6...
Azuki Dominates NFT Volume at $2.51M, Pudgy Penguins Secure Second Place: NFT Market Update
In the last 24 hours, there was remarkable trading volume in the NFT market, where Azuki was top of the chart with a trading volume of $2.51 million. Azuki has received much praise for its anime-like ...
Top 10 NFT collections outperform fungible tokens in weekly returns
Non-fungible tokens (NFTs) outperformed their fungible peers over the past seven days, with the 10 largest collections registering a 6.4% average gain in the period, according to price aggregator NFT ...
Two California Men Charged by Feds in Alleged $22,000,000 NFT Investment Scheme
The U.S. Department of Justice (DOJ) is charging two California men for allegedly masterminding a multimillion-dollar non-fungible token (NFT) investment scam. In a new press release, the DOJ says it’...
Caldera Airdrop Potential: Explore Opportunities for Earning Tokens Through NFT Minting and Testnet Tasks
As the crypto market navigates recent volatility, innovative projects present exciting airdrop opportunities for proactive users seeking rewards. Now more than ever, engaging with emerging blockchain ...
California Men Face Charges Over Alleged $22 Million NFT Investment Scams Linked to Ethereum and Solana
The recent indictment of two California men highlights the growing concern over NFT fraud, particularly in the evolving digital asset space. This case, involving over $22 million in alleged scams, mar...
NFT Gaming Project CyberKongz Receives Wells Notice from SEC
CyberKongz, a gaming-based NFT project, announced on December 16 that it has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC). The notice raises concerns about the platfo...
VeChain Revolutionizes NFT Access with Free PofP Badge Tool
VeChain announces the introduction of a no-code Proof of Participation (PofP) to encourage the creation and storage of NFTs. The objective aligns with the recent launch of VePassport, which boosts id...
NFT Sales Volume Reaches $636.8M in December 2024, Highest Since April
The non-fungible token (NFT) market is witnessing a resurgence as sales volume reaches $636.8 million in December 2024, according to Cointelegraph. This marks the largest monthly sales volume since Ap...
US Charges 2 Men in $22 Million NFT Rugpull Crypto Fraud Scheme
Two Southern California men, Gabriel Hay and Gavin Mayo, face charges for allegedly defrauding investors of over $22 million in cryptocurrency through fraudulent NFT and digital asset schemes. The ind...
Doodles NFT Founder’s Token Tease Sparks Floor Price Surge
Following Pudgy Penguins’ release of $PENGU, Doodles founder Burnt Toast (aka Scott Martin) has cryptically hinted at a potential token launch, sending the price of Doodles NFTs soaring to 8 ETH. Dood...