In an exciting merger of tradition and technology, Philatelie Liechtenstein, part of Liechtenstein’s official postal service, has debuted an NFT postage stamp infused with the artistry of internationa...
Category: NFT
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NFT Insider Trading: A New Frontier in Digital Asset Fraud
The digital realm has been buzzing with the rise of non-fungible tokens (NFTs), unique digital tokens that represent ownership of a particular asset, often digital art. But with the rise of this new d...
Maui wildfire recovery gets the spotlight thanks to charitable NFT collection
The Maui wildfires have been raging since Aug. 8 and continue to wreak devastation on the Hawaiian island. Maui County confirmed Monday that 115 people have died as a result of the blazes and that an...
OKX NFT Marketplace Defies Cold NFT Winter, Records Rapid Growth In Transaction Volume
Key Points: Despite the NFT market’s liquidity challenges, OKX NFT Marketplace has defied the trend by experiencing a remarkable surge in transaction volume since mid-July, even reaching a record high...
Former OpenSea Executive Jailed for NFT Insider Trading
Conviction and Sentence Nathaniel Chastain, the previous Head of Product at OpenSea, was handed a three-month prison sentence following his conviction of insider trading within the NFT (Non-Fungible T...
Crypto and NFT Games Are Still Launching on Steam Despite Ongoing Ban
Blockchain-based games with cryptocurrency or NFT elements are banned on Valve’s Steam PC gaming marketplace—but the developers of such games have found ways to launch them on the popular platform, fi...
Yuga Labs To Block OpenSea After NFT Marketplace Abandons Royalty Enforcement
OpenSea Has Raked In Over $100M In Fees From Bored Apes, Mutant Apes, BAKC and Otherside NFTs Yuga Labs, creators of the popular NFT collection Bored Ape Yacht Club (BAYC), will remove support for Ope...
How Fierce Is The NFT Marketplace War Going?
The NFT sector has long been seen as a promising market with plenty of room for initiatives to enter and dominate. OpenSea was originally regarded as the market’s No. 1 NFT Marketplace platform, howev...
Polkadot declining, traders focusing on Borroe, an AI-powered NFT marketplace
The crypto scene is volatile, with news and established projects constantly jostling for investor attention. Usually, a new player can impact the market, but only if it can deliver a unique offering o...
FIBA launches NFT collection on its Shopify store
The International Basketball Federation, also known as FIBA, has announced the launching of its NFT collection. The development comes to light ahead of the Basketball World Cup, where 32 teams will lo...
Recur Closes, Yuga Labs Battles with Open Sea: Is the NFT Market Dying?
NFT platform Recur announces that it will be shutting down the platform this year. Recently, Yuga Labs stated that it would block the trading of its newer NFTs on OpenSea. Amid these developments, NFT...
Why the choice of the blockchain matters for NFT collections
One of the fundamentals of launching an NFT collection is choosing where you’ll mint it to reach the moon. If everyone is choosing the Ethereum and Solana blockchain to mint their collection, does it ...
FIBA launches NFT collection for Basketball World Cup
The International Basketball Federation (FIBA) has teamed up with a web3 SaaS platform Venly to introduce a series of distinctive digital collectibles. Directing attention to the host nations – Japan,...
NFT Firm Recur Announces Shut Down of the Web3 Platform
Recur had started out on a grand push with Hello Kitty and Friends last July. The firm would be gradually removing essential functionalities from its platform. Last week, the NFT firm Recur announced ...
NFT Platform Recur to Shut Down Despite $50M Raise and Big Name Backers
The NFT startup Recur said on Friday that its Web3 platform is winding down—unable to weather the chills of crypto winter despite hosting the IP of several big brands like Hello Kitty and Nickelodeon....
Digital Art and NFT Platform o-mee Public Sale is live on GemPad
The public sale of o-mee is live exclusively on GemPad since 21st August 2023 at 10:00 UTC, and will end on 25th August 2023, 23:59 UTC. The Polygon based cutting edge creator friendly NFT marketplace...
Cardano NFT Floor Price Skyrockets, Exceeding Ethereum: Data
In recent years, the non-fungible token (NFT) space has expanded into a billion-dollar industry, with Ethereum traditionally leading the way as the dominant ecosystem. Cardano, on the other hand, face...
Recur, the NFT Platform to Shut Though $50M Raised in Series A
Recur, the latest NFT-centered platform with a big-name partnership announced its closure despite making $50 Million in a series A funding round. The news completely stirred the NFT landscape, disappo...
Discovering the World of DeGods NFT: What Makes it Classy?
DeGods is a digital art collection and a global community of creators, artists, developers, etc. is ready to boom the NFT landscape. The NFT collection is a hot topic at present due to the collaborati...
NFT Platform RECUR to Shut Down After Raising $50M Two Years Ago
RECUR, a non-fungible token (NFT) company that raised $50 million in an investment round nearly two years ago, has become the latest victim of the current bear market. Over the weekend, the NFT platfo...
$1 Million NFT Creator Fund Launched by Magic Eden and Polygon
Magic Eden and Polygon collaborate for $1 million creator fund to boost NFT. Fund aims to support and nurture emerging NFT creators. Successful applicants gain access to Launchpad and Polygon ecosyste...
Recur announces phased shutdown of NFT platform
NFT platform Recur has revealed plans to cease operations less than two years after securing $50 million in a Series A funding round. The company has detailed a structured shutdown of the platform, co...
Cardano’s NFT Floor Price Surges, An Unexpected Threat To Ethereum’s Throne?
The non-fungible token (NFT) market has primarily been in a downtrend in terms of trading volume since this year began and is presently undergoing a significant transformation. Recent data from Stockt...
Bored Ape Investors Sue Yuga Labs, Sotheby’s, 28 Others as NFT Prices Plunge: Report
Four investors who purchased the popular NFT collection Bored Ape Yacht Club (BAYC) have launched a class action lawsuit against the project’s inventor, Yuga Labs, and 29 other firms for misleadingly ...
Steve Cohen-backed NFT Platform Recur to Close Doors After Raising $50M Just 2 Years Ago
Recur, a prominent NFT platform backed by hedge fund mogul Steve Cohen, has decided to wind down its Web3 platform operations, despite having raised $50 million in a series A funding round in late 202...
NFT platform Recur is shutting down
Recur announced the gradual wind down of its operations and functionality on August 18, 2023. All NFT activity will be disabled by November 16, with metadata migrated to IPFS. The startup had secured ...
Friend.tech founders have controversial ties to failed NFT project Kosetto
Information on social media platform X(formerly Twitter) suggests that Friend.tech founders 0xRacerAlt and Shrimppepe have connections to a failed NFT project, Kosetto. Kosetto NFTs Kosetto is a trade...
Popular Web3 platform Recur to shut down its NFT platform despite $50 million raise
Recur, a prominent Web3 platform known for hosting big-name IPs like Hello Kitty and Nickelodeon, announced the discontinuation of its platform on August 18. Despite raising $50 million and being valu...
Recur NFT Marketplace Folds as Valuations Nosedive
Non-fungible token (NFT) marketplace Recur will soon be deprecated after a prolonged market slump that forced other companies to strengthen their business through community efforts. Starting on Nov. 9...
This NFT Hit New All-Time Highs While Others Plummet
The NFT market, notorious for its unpredictability, witnessed another dramatic shuffle recently. While the Milady Maker NFT collection continues its ascent to glory, other giants like the Mutant Ape Y...
Cardano NFT Floor Price Soars, Surpassing Ethereum
Alex Dovbnya However, Ethereum retains its throne in terms of sheer trading volume, overshadowing Cardano’s rising value The non-fungible token (NFT) market is witnessing a noteworthy shift, wit...
NFT platform Recur shuts, despite $50M raise & Big Backers
On Friday, Recur, a startup in the Non-Fungible Token (NFT) space, announced that it would be discontinuing its Web3 platform due to the difficulties of crypto winter. Despite having big names like He...