New data from market intelligence firm DappRadar reveals that the total value locked (TVL) in decentralized finance (DeFi) plunged during the month of August. In its industry report for August 2024, t...
Category: NFT
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Magic Eden Soars with $60 Million Daily Volume: The Rise of the ME Token in the Multi-Chain NFT Market
Magic Eden, a prominent player in the NFT landscape, is experiencing a remarkable surge in trading activity. Daily trading volumes on the platform have skyrocketed from $1 million to an impressive ave...
MetaMafia Partners with Orbler to Boost NFT Experience
MetaMafia has announced a new partnership with Orbler. MetaMafia revealed this news through their official X account. This collaboration marks an exciting development for both companies. This collabor...
The CryptoPunk #6915 NFT records a bull sale of 620 ETH
The CryptoPunk #6915 NFT recorded a record sale of 620 ETH, equivalent to 1.48 million dollars. Meanwhile, Ethereum is in first position in the Blockchain NFT sales ranking, followed by Solana and Bit...
CryptoPunk sells for $1.5 million amid NFT market downturn
A CryptoPunk from the Ape Punk collection was sold for roughly $1.5 million as the broader non-fungible token market continued to struggle amidst waning demand. According to CryptoPunks Bot, CryptoPun...
Guild of Guardians Leads the NFT Pack
The NFT market has experienced notable shifts over the past week, with Guild of Guardians leading the charge in weekly sales volume. This collection has risen to the top, surpassing some of the indust...
Circle Introduces NFT Support on Solana and New Sample App for Programmable Wallets
Caroline Bishop Sep 05, 2024 08:27 Circle updates Programmable Wallets with Solana NFT support and a new sample app for user-controlled wallets, enhancing developer capabilities. Circle has announced ...
Magic Eden dominates NFT market as its share nears 37%: CoinGecko
Magic Eden maintains its dominance in the NFT marketplace, holding a 36.7% market share in August with a trading volume of nearly $123 million. Magic Eden solidified its position as the leading market...
Immutable X braces for a big token unlock as NFT sales drop
Immutable X token is stuck in a deep bear market ahead of a big token unlock and as the outlook for non-fungible tokens darkens. Immutable X (IMX) retreated to $1.958 on Sep. 3, 67% lower than the yea...
SEC probes OpenSea, but NFT artists are likely not the target
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Coinbase, Uniswap, Robinhood, Kraken, and Consensys...
NFT Market Collapses as 96 Percent of NFTs Become Inactive
96% of NFTs are inactive, showing low trading and social media activity. The 2023 market saw a surge in dead NFTs, indicating high volatility. The NFT market is facing a severe crisis, with a staggeri...
Magic Eden Dominates NFT Marketplaces with 37% Share in August 2024
Ted Hisokawa Sep 04, 2024 06:32 Magic Eden continues to lead NFT marketplaces with a 37% market share in August 2024, maintaining its top position for six consecutive months. Magic Eden has solidified...
Solana outpaces Ethereum with booming NFT trades: What about SOL?
DApp volumes on Solana have jumped by 87% in the last 24 hours per DappRadar. The growth comes amid an influx in NFT trading volumes on the platform. The Solana [SOL] blockchain has seen an over 87% i...
Hyperspace shuts down NFT marketplace on Solana
Hyperspace, a multi-chain non-fungible token marketplace and launchpad, is shutting down its platform on Solana. The project announced this on Sept. 3, noting that the decision to shut down its NFT ma...
Ripple Unveils Smart Contracts and NFT Features for XRP Ledger
Ripple’s new developments aim to expand the XRP ledger’s capabilities, enabling new features such as NFTs, DEXs, and AMMs. Ripple is broadening its reach by partnering with AI and metaverse firm Futur...
How Potato Cat transforms NFT trading with innovative swap engine: Interview
In the ever-evolving world of NFTs, the Solana blockchain has become a hotspot for innovation, attracting developers and traders alike with its fast and low-cost transactions. One of the standout proj...
NFT Market Hits 2024 Monthly Low with $374 Million in August Sales
As of this year, digital collectibles have never before achieved a monthly volume below $400M. The monthly volume in August is 76% lower than its monthly yearly high. The monthly volume of sales for n...
NFT Market Faces Sharp Decline in 2024
NFT sales experienced a drastic drop in August 2024, recording a volume of just $374 million, the lowest monthly sales of the year. This figure represents a staggering 76% decline from the peak sales ...
Lacoste accused of scam for closing the NFT project
On Friday, Lacoste closed the social network of the NFT UNDW3 project and the community reacted by accusing the company of scam. Furthermore, a rugpull of 1,000 ETH is assumed. The NFT project of Lac...
Will Solana NFT Market Rebound After August Decline?
Solana ranked second in NFT sales volume behind Ethereum in August. Significant declines in NFT buyers and sellers were noted in August. Solana’s [SOL] NFT market demonstrated notable resilience in Au...
Solana’s August report – $79M in NFT sales behind Ethereum, but…
Despite ranking second, Solana’s NFT sellers and buyers dropped SOL fell by over 16% last week, but there were chances of a trend reversal on the charts Solana’s [SOL] August performance on the NFT fr...
NFT bubble burst: Monthly sales, transactions crash
The non-fungible token industry remained under pressure in August as sales continued falling. Total NFT sales dropped by 41% in August to $376 million as the number of buyers and sellers fell by doub...
Bitcoin NFT Sales Plummet 50.58% in August Amidst Overall Market Decline
The landscape of Non-Fungible Tokens (NFTs) has faced significant challenges in August, with sales declining sharply. Notably, the overall NFT ecosystem appears to be contracting, as evidenced by metr...
NFT Market Faces Brutal August: Sales, Buyers, and Transactions All Plunge
Non-fungible token (NFT) sales have had a rough time in 2024, and August has been no exception. Following a 36.6% drop in July, August brought another significant decline, with sales falling by 41.36%...
SEC Issues Wells Notice to OpenSea Over NFT Securities Concerns
The United States Securities and Exchange Commission (SEC) has issued a Wells notice to OpenSea, the leading non-fungible token (NFT) marketplace. This notice suggests that the NFTs traded on OpenSea ...
Top NFT & AI Projects by Social Activity: $FET Leads the Pack
As the NFT market is evolving rapidly, social media is evidence of the increasing demand for NFT, AI, and other narratives on social media platforms. Based on the engaged posts and interactions, an on...
OpenSea Faces SEC Lawsuit: Musicians Fight Back Over NFT Marketplace’s Regulatory Battle
The non-fungible token (NFT) marketplace OpenSea is reportedly facing a potential lawsuit from the U.S. Securities and Exchange Commission (SEC). This development has sparked outrage within the crypto...
New NFL Rivals Season Adds ‘Biggest Upgrade’ Since NFT Marketplace
NFL Rivals, an officially licensed mobile football game from Mythical Games, announced Friday that its second in-game season will launch on September 5 alongside the real-world season kickoff of the N...
NFL Rivals: Exciting Year 2 Launch with New Game Modes and NFT Marketplace Enhancements
NFL Rivals, a mobile football game from Mythical Games, is gaining traction among fans with its upcoming season launch. The game has impressively reached over 5 million downloads, reflecting strong in...
Trump Launches Fourth NFT Collection: ‘The America First Collection’
Former U.S. President Donald Trump has unveiled a new series of non-fungible token (NFT) digital trading cards, marking his fourth release in this format. The collection, known as “The America First C...
OpenSea Receives SEC Wells Notice: NFT Industry at Risk?
OpenSea vows to fight the SEC’s claim that NFTs are securities, pledging $5M for legal defense. SEC’s aggressive approach to crypto regulation intensifies, with significant actions anticipated before ...
Forbes Partners OKX Launch Exclusive NFT Community
Forbes launched the Legacy Pass NFT in partnership with OKX Wallet on August 29, providing users with fast-track access to an exclusive community. According to details provided by Forbes, the Legacy P...