Kraken to Close NFT Marketplace Amid Declining Trading Volumes

Kraken has announced the closure of its NFT marketplace amid declining trading volumes and shifting company priorities. Users will no longer list, bid, or sell items starting November 27, 2024. With t...

Kraken closes the NFT marketplace: a strategic decision

Kraken announces the closure of its NFT marketplace just one year after its launch. The decision reflects a strategy aimed at redirecting resources to more promising initiatives, while the NFT market ...

Kraken to completely shut down its NFT marketplace in February 2025 – Is this the end for NFTs?

Kraken recently announced its plans to completely shut down its NFT marketplace on February 27, 2025. The exchange will also shut down most of the NFT marketplace’s services on November 27, including ...

Kraken to Shut Down NFT Marketplace Amid Industry Challenges

Kraken’s NFT Marketplace Closure Kraken’s NFT marketplace, introduced in 2022, allowed users to buy, sell, and trade digital collectibles without gas fees for transactions.  However, as of November 27...

Kraken NFT Marketplace Halted After 2 Years As Exchange Focuses On New Products

Key Points: The Kraken NFT marketplace will be discontinued to focus on new products and services. The company is also undergoing significant changes, including plans to launch a blockchain called Ink...

Kraken To Shut Down Its NFT Marketplace

American crypto trading platform Kraken has decided to shut down its Non-Fungible Token (NFT) marketplace. In a personal message circulating on X, the exchange informed some of its users holding NFT o...

Kraken Plans to Shut Down NFT Marketplace

Kraken, a prominent American cryptocurrency exchange, has announced its intention to close its Non-Fungible Token (NFT) marketplace. The exchange communicated this decision to NFT holders via notifica...

Kraken to close NFT marketplace by February 2025

Kraken has announced the shutdown of its NFT marketplace to redirect resources toward new initiatives.  The marketplace will transition into withdrawal-only mode on November 27, 2024, and fully cease ...

Kraken to Transition NFT Marketplace to Withdrawal-Only Mode Amid Market Challenges

Kraken, once a contender in the NFT marketplace, is set to shut down its operations just a year after launch, highlighting the ongoing challenges in the crypto sector. As the market faces a significan...

Big Time Studios Sets December 2 as the Launch of the New PvP Mode for 2024’s Most Successful NFT Video Game – Big Time

Austin, United States, November 25th, 2024, GamingWire After their Open Loot marketplace platform utility token ($OL) announcement, Big Time Studios is thrilled to announce that the crypto industry’s ...

Kraken Considers Resource Reallocation as NFT Marketplace Closes Amid Market Challenges

Kraken has announced the shutdown of its NFT marketplace, highlighting the exchange’s strategic pivot due to a challenging market environment. The move comes amid an escalating struggle within the NFT...

Kraken to Shut Down NFT Marketplace, What’s the Reason?

Kraken, a leading global crypto exchange, has announced plans to discontinue its Non-Fungible Token (NFT ) marketplace to allocate resources toward upcoming ventures. Users will lose the ability to li...

Kraken shutting down its NFT marketplace just a year after its launch

Kraken will shut down its NFT marketplace, transitioning to withdrawal-only mode in Nov. 27. Users can withdraw NFTs until February 2025, but can’t list or trade after Nov. 27. The closure follows dec...

Kraken Closes NFT Marketplace Amid Market Challenges

Centralized exchange Kraken will discontinue its NFT marketplace to allocate resources to upcoming projects. Users can no longer list, bid, or sell items after November 27, 2024. However, withdrawals ...

NFT vs SFT: Everything You Need to Know

NFTs are unique and non-fungible, ideal for representing individual assets like art and collectibles. SFTs are flexible, starting as fungible tokens and transitioning to non-fungible, suited for gamin...

Top NFT Collections by Weekly Sales Volume

Bitcoin’s BRC-20 NFTs secured the top sales volume over the past seven days, generating $15.6 million in revenue. Despite a 45.76% decrease in sales, the collection saw 10,978 transactions involving 5...

Shaquille O’Neal Agrees to $11M Settlement in Astrals NFT Lawsuit

Judge Federico Moreno must now decide whether or not to approve the settlement. If approved, it would put an end to claims that he advocated for securities that were not registered. In a settlement wi...

BNB Chain Expands Tokenization Offering: Launches NFT Loyalty Program Solution For Businesses

contributor Posted: November 25, 2024 Following the launch of its company tokenization and Real World Assets (RWA) tokenization solutions, BNB Chain, the community-driven blockchain ecosystem that inc...

Shaquille O’Neal Agrees to $11M Settlement Over NFT Lawsuit

Shaquille O’Neal has agreed to pay $11 million to settle a class action lawsuit brought by holders of the Astrals NFT collection. The settlement, submitted as an unopposed proposal on Monday in a Flor...

Bitcoin and Ethereum drive $158M in NFT sales

NFT sales totaled $158 million in the past seven days. That is down 12.7% from the previous week of sales that reached $181 million. These sales are dominated by Ethereum followed by Bitcoin. Accordin...

Ethereum Maintains NFT Sales Lead While Solana Sees Increased Buyer Activity Amid November Momentum

The NFT market continues to show resilience in November, with sales volume exceeding expectations despite minor weekly declines. Overall, the data indicates a robust recovery in NFT activity, followin...

‘FIFA Rivals’ Mobile NFT Game Coming From Makers of ‘NFL Rivals’

FIFA and game studio Mythical Games are teaming up to create a new mobile arcade-style soccer game called FIFA Rivals, the companies announced Friday. The free-to-play game, which will be available on...

McDonald’s Partners with NFT Brand Doodles to Say GM

In a bold fusion of fast food and digital art, McDonald’s has partnered with Doodles, a creative entertainment brand, to launch the “Good Mornin'” campaign. McDonald’s introduc...

NFT Fever Cools: Ethereum and Bitcoin NFT Sales Dive Amid Broader Crypto Growth

Non-fungible token (NFT) sales cooled off this week, slipping 9.3% compared to the prior period, even as the broader cryptocurrency market climbed higher. NFT Market Shifts: Ethereum and Bitcoin Sales...

NFT sales drop 9.6% to $160.9m, Ethereum and Bitcoin network sales plunge

As Bitcoin surges toward the $100,000 mark, touching a new all-time high of $99,655.50, the non-fungible token (NFT) sales volume has shown a drop of 9.6% to $160.9 million. The global cryptocurrency ...

Qualified Stoner Cats NFT Investors Will Receive $1 Million In Compensation

Key Points: The SEC is distributing $1 million in penalties from Stoner Cats 2 LLC after the company violated securities laws. Investors who held or sold Stoner Cats NFTs before September 2023 are eli...

Mythical Games Unveils NFT Mobile Football Game

Mythical Games and FIFA have revealed plans for FIFA Rivals, an officially licensed mobile football game. The free-to-play title will launch on iOS and Android in the summer of 2025, though an exact r...

Doodles NFT Floor Price Rises 28% Following McDonald’s Campaign

TLDR McDonald’s launches “GM Spread Joy” campaign featuring Doodles NFT art on 110 million McCafé cups across US Campaign includes digital collectibles accessible through McDonald’s app Doodles NFT fl...

HAKUHODO KEY3 produce an interactive NFT game “SHIBUYA CHECKIN POKER” for TOKYU’s SHIBUYA Q DAO

[PRESS RELEASE – Tokyo, Japan, November 22nd, 2024] HAKUHODO KEY3 INC. (Minato-ku, Tokyo; President: Toshinori Shigematsu), in collaboration with PONT Corporation’s beyondClub platform, announces the ...

New York Judge Approves Celsius’s Request to Serve Legal Notices Through NFT Airdrops

A Southern District of New York Bankruptcy Judge has approved Celsius Network’s request to serve legal notices via non-fungible token (NFT) airdrops. Celsius, currently undergoing insolvency proceedin...

Poste Italiane launches the first NFT stamp

Poste Italiane inaugurates a new era in philately, presenting the first collectible box set that integrates traditional stamps and digital twins based on NFT and blockchain, uniting past and future. L...

NikolAI Unveils Exclusive AI-Generative NFT Collection in Honor of Nikolai Durov’s Birthday

In celebration of Nikolai Durov’s 44th birthday, the team is pleased to announce the debut of its first NFT series. Nikolai Durov is a visionary mathematician, cryptographer, and the inspiration behin...