Sydney, Australia, September 23rd, 2024, Chainwire FSL, creators of STEPN GO, announce the continuation of their exciting collaboration with adidas through the launch of the STEPN GO x adidas Genesis ...
Category: NFT
Live NFT News Updates.
OpenSea’s SEC Wells Notice Central to User Lawsuit Over NFT Sales
TLDR Two OpenSea users filed a class-action lawsuit claiming NFTs sold on the platform are unregistered securities The lawsuit cites OpenSea’s recent SEC Wells notice as evidence Plaintiffs argue thei...
South Korea’s Bankware Global to Develop NFT Platform for Woori Bank
South Korea’s Bankware Global to Develop NFT Platform for Woori Bank Bankware Global, a leading provider of core banking solutions, has secured a contract with Woori Bank, one of South Korea’s major f...
CryptoPunks Dominate Top NFT Sales in the Last 7 Days
The past seven days have witnessed significant NFT transactions, with CryptoPunks leading the market. A sale of CryptoPunk #1219 for $308.09k topped the charts, setting the pace for the week. Several ...
Weekly NFT sales plunge to $73.7m, Solana network sales surge
The non-fungible token market has experienced a 4.2% drop in sales volume in the last seven days. This drop comes after a decent surge of 7.68% as reported in our last weekly NFT sales column. The lat...
UOMI introduces new AI economic agents on blockchain with NFT
UOMI Network is a somewhat unique project based on blockchain in the AI field, where economic agents will be represented by NFTs. UOMI introduces AI economic agents on blockchain with NFT UOMI is work...
Ethereum Dominates NFT Sales Amid Market Surge, Despite Weekly Dip
The NFT market experienced a resurgence between Sept. 14-21, 2024, following weeks of lackluster performance. Sales across 21 blockchains surged to $77.13 million, representing a 7.33% increase, accor...
NFT Sales Climb 7.33%, Mythos, Blast, and Solana Lead the Charge
Non-fungible tokens (NFTs) had quite the boost this week, with sales climbing by 7.33% compared to the previous one, totaling $77.13 million. The number of NFT sellers skyrocketed by 95.68%, while buy...
Solana flips Ethereum on key metric as NFT sales jump
Solana flipped Ethereum in its 24-hour volume in the decentralized exchange industry as most of its meme coins jumped. According to DeFi Llama, Solana (SOL) DEX networks handled over $845 million in t...
96% of NFT collections considered ‘dead’
NFT Evening analysts say 96% of 5,000 NFT collections are dead in 2024. The report reveals the state of the non-fungible token market and its problems in 2024. According to experts, 96% of more than 5...
OpenSea NFT Marketplace Hit With Class Action Suit Over Alleged Securities Sales
The Moskowitz Law Firm filed another class-action lawsuit against a crypto firm Thursday, this time alleging that OpenSea’s customers were sold NFTs as unregistered securities. The lawsuit brought in ...
Solana Memecoin Market Surges Amid Decline in NFT Popularity, Says Pudgy Penguins CEO
Non-fungible tokens (NFTs) continue to shape online communities, despite the surging popularity of memecoins, according to Pudgy Penguins CEO Luca Netz. Netz highlighted the unique value proposition o...
Azuki NFT Collection Moves into Anime Space with Anime.com Purchase
The creator of the Azuki NFT collection, Chiru Labs, is expanding its digital footprint and enhancing its anime-focused entertainment offerings by launching Anime.com. Anime.com Testnet Phase and Futu...
Over 75M Ordinal Inscriptions and $4.5B in Sales—Bitcoin Finds Its NFT Footing
In the last year and nine months since December 2022, more than 75 million Ordinal inscriptions have been minted on the Bitcoin blockchain, according to the latest statistics. This technology has give...
NFT Project Doodles to Celebrate Rubik’s Cube’s 50th Anniversary With Digital Collectibles
Non-Fungible Token (NFT) project Doodles has announced a collaboration with Spin Master to celebrate the 50th anniversary of the Rubik’s Cube. This partnership will introduce a “pack ripping” fan expe...
Pudgy Penguins CEO Dismisses SEC Concerns Amid NFT Regulatory Scrutiny
Pudgy Penguins’ CEO calls the SEC’s NFT crackdown nonsense, emphasizing resilience in the face of regulation. OpenSea faces scrutiny as the SEC questions whether certain NFTs qualify as securities. Pu...
Sovereign Nature Initiative Launches DOTphin, an Innovative Polkadot NFT Project for Attendees of Token 2049 in Singapore
Advertisement     Attendees of Token 2049 have the opportunity to gather DOTphin Proof of Presence digital avatars while making a tangible contribution to environmental sustainability ...
Unique Network Leads the Way in Cross-Chain NFT Transfers on Polkadot
Singapore, Singapore, September 18th, 2024, Chainwire Parachains and developers can register now to test NFT XCM functionality and get an exclusive first look at this innovation in action. Unique Netw...
SEC Hits Flyfish Club With Charges for Unregistered NFT Offering
The U.S. Securities and Exchange Commission (SEC) has charged Flyfish Club for conducting an unregistered offering of crypto asset securities through non-fungible tokens (NFTs), raising $14.8 million ...
Hester Peirce Slams SEC for ‘Misguided and Overreaching’ Cases in Flyfish Club NFT Dissent
U.S. Securities and Exchange (SEC) Commissioners Hester Peirce and Mark Uyeda have slammed the SEC over an “endless series of misguided and overreaching cases” in a recent statement. The d...
SEC commissioners argue securities laws are unnecessary in Flyfish NFT case
SEC Commissioners Hester M. Peirce and Mark T. Uyeda criticized the regulator’s enforcement action against the Flyfish Club non-fungible token (NFT) collection. In a Sept. 16 letter, the commissioners...
This is Why Animoca Brands Joins Magic Eden’s NFT Launchpad
Hong Kong-based Animoca Brands has partnered with NFT marketplace Magic Eden to introduce a new platform for launching non-fungible tokens (NFTs). This move comes despite growing concerns over the fut...
Gamma Unveils First Unified Platform for Bitcoin L1 and Stacks L2 NFT Collectors
A prominent NFT and Ordinals platform Gamma has recently announced the exclusive integration of both Bitcoin Layer 1 Ordinals as well as Stacks Layer 2 NFT. In this respect, Gamma now combinely offers...
Animoca Brands and Magic Eden to reveal MocaMagic NFT launchpad in Q3 2024
Mocaverse targets a Q3 2024 date for the unveiling of MagicMoca, its new NFT launchpad. The Animoca Brands’ premier consumer platform said it will be teaming up with popular NFT marketplace Magic Eden...
Digital Chamber rallies support for NFT act amid SEC scrutiny
Digital Chamber is calling on U.S. crypto users to support a new bill that would classify non-fungible tokens (NFTs) based on their use cases. The goal is to protect the burgeoning non-fungible token ...
X Empire Completes NFT Voucher Minting on Telegram Platform
The highly sought minting process for X Empire’s NFT vouchers has officially concluded which marks a significant milestone in the lead-up to the game’s token launch. After processing all valid request...
Mocaverse and Magic Eden to Launch MagicMoca NFT Platform, Adopts MOCA Coin
Zach Anderson Sep 17, 2024 10:51 Mocaverse and Magic Eden announce MagicMoca NFT launchpad, adopting MOCA Coin for transactions, aimed at enhancing the NFT ecosystem. Mocaverse has unveiled a strategi...
SuperRare Expands NFT Art Market
SuperRare has emerged as a prominent player in the NFT ecosystem, channeling approximately $90 million into digital art and disbursing around $3 million in royalties to artists. Launched initially as ...
Digital Chamber Supports New NFT Legislation Amid Gary Gensler Criticism
The introduction of the New Frontiers in Technology Act (NFT Act) by Congressman Timmons has garnered support from Digital Chamber. This legislative effort marks the first direct address by the US Con...
SEC Faces Backlash Over $750K Settlement with NFT Club Flyfish
SEC scrutiny increases on NFTs, raising industry concerns. Flyfish NFTs deemed securities; $750,000 SEC settlement enforced. Two U.S. Securities and Exchange Commission (SEC) commissioners have expres...
US SEC Fines Flyfish Club $750K for NFT Sales Violations
The U.S. Securities and Exchange Commission (SEC) has issued an order against Flyfish Club, LLC, for the unregistered sale of non-fungible tokens (NFTs). The decision has drawn criticism from within t...
Flyfish Club NFT Sale Violates Securities Laws, Faces $750K Fine By SEC
Key Points: The SEC charged Flyfish Club for raising $14.8 million through unregistered NFT sales, which it deemed as securities. SEC Commissioners Peirce and Uyeda dissented, arguing that the Flyfish...