Meta is ditching its pursuit of NFTs as the company looks to prioritize, according to Stephane Kasriel, head of commerce and financial technologies at Meta. “Some product news: across the...
Tag: nft-marketplaces
Blur captures 84% of ETH-based NFT transactions in first week of March
If you were an Ethereum-based NFT bought or sold in the first week of March, there’s an 84% chance that you changed hands on the Blur marketplace, according to data from The Block. As rece...
Tensor — the ‘Blur of Solana’ — raises $3 million in seed funding
Tensor, which brands itself as “the Blur of Solana,” raised $3 million in a seed funding round. Placeholder VC led the round, with Solana Ventures, Alliance DAO, Big Brain Holdings, ...
Trader makes error in XMON unlock strategy — loses 100% of trade in slippage
A crypto user was sandwich attacked for effectively the entire amount of their token swap after failing to implement slippage protection into their custom contract. They ended up swapping $10,000 for ...
Starbucks’s web3 Odyssey is seeing early signs of success, BofA says
Starbucks’s Odyssey program, an extension of Starbucks Rewards that seeks to expand brand loyalty in the virtual world, is seeing encouraging signs of early success, Bank of America said. ...
Tokenized Texan house listed for sale on Solana
A company called Homebase listed a property-backed NFT on Solana, allowing consumers to invest in a tokenized house. Buying a share of the three-bed house in McAllen, Texas — the first on the p...
Yuga Labs drops bitcoin-based NFT collection TwelveFold
Web3 • February 27, 2023, 6:00PM EST Yuga Labs, the creator of the Bored Ape Yacht Club, announced the release of a new bitcoin-based NFT collection called TwelveFold. The collection will consis...
Dookey Dash’s top prize sells for $1.6 million, less than half original goal, says winning gamer
Professional gamer and Twitch streamer Kyle Jackson said he sold the digital “key” he won playing Yuga Labs’ video game Dookey Dash for a whopping 1,000 eth, which is about $1.6 million. Jackson, more...
NFT weekly trading volume on Ethereum rises to highest level since May
Web3 • February 27, 2023, 2:19PM EST The lull in NFT activity is showing signs of subsiding with weekly trading level on Ethereum last week hitting its highest level since May, according to data from ...
Blur, ETHDenver and Sam Bankman-Fried
One of the biggest crypto stories this past week was the explosion of trading volumes on NFT marketplace Blur, which far outpaced rival OpenSea. The big question is whether this activity will find a s...
Collectors spend $280,000 in Ethereum fees to mint 28,000 Coinbase NFTs
Crypto fans have cumulatively spent $280,000 in transaction fees to mint more than 28,000 Coinbase NFTs on Ethereum. The NFTs were available to be minted for free for those who wanted to mark the test...
OpenSea makes changes to fees following tension with Blur
OpenSea is dropping fees, citing a shift in the NFT ecosystem and coming shortly after Blur made its case for creators to list on its platform rather than OpenSea. OpenSea, the largest NFT marke...
Crypto prices higher, Blur token crosses $1 billion in volume in under 24 hours
Markets • February 15, 2023, 1:46PM EST Crypto prices were up across the board, while Blur’s native token clocked huge volumes on its first day of trading. Bitcoin was up 3.3% over the pa...
OpenSea rolls out one-stop shop for NFT drops
OpenSea has launched a suite of tools to let people or brands launch their own NFT projects. The tools aid deploying smart contracts across all supported EVM chains, configuring drop mechanics ...
Coinbase NFT says it’s ‘pausing drops for now’
Coinbase NFT announced it is pausing new drops after an artist took to Twitter to say an upcoming release would not be debuting on the marketplace. “My official drop, XX GEN, slated for this mon...
New SEC filing amends Magic Eden’s $27 million raise to $16.9 million
A new Securities and Exchange Commission filing said that Euclid Labs, the parent firm of the Solana-based NFT marketplace Magic Eden, may have raised a lower amount than previously known. The ...
Yuga Labs blacklists Blur and other marketplaces in Sewer Pass mint
Yuga Labs blacklisted at least four marketplaces that don’t mandate NFT royalties in its newest NFT drop, Sewer Pass. Sewer Pass includes coding that blocks NFT transactions from wallets b...
Win Trump Rewards NFT collection lets users buy access to Donald Trump
A new collection called Win Trump Prizes that allows users to buy rewards related to former U.S. president Donald Trump launched on OpenSea. Individuals can claim a one-on-one Zoom meeting with...
December breaks 8-month decline in NFT monthly sales with 13% increase
Monthly trading volume of NFTs in December broke an 8-month streak of declines in 2022, rising 13% from November to $549.5 million, according to The Block’s data dashboard. The increase i...
OKX and Tribeca Film Festival launch NFT-gated VIP perks
Want to schmooze with celebrities at the The Tribeca Film Festival this year? You’ll need an NFT for that. The festival and crypto exchange OKX are releasing NFTs that give users exclusiv...
Magic Eden blames third-party cacher for ‘unsavory’ NFT images
Solana’s largest NFT marketplace, Magic Eden, displayed incorrect images for some non-fungible tokens yesterday. Some of the misplaced stills included “unsavory” adult content — the ...
Solana NFT trading volumes remain stable in the 2022 bear market
NFT trading volumes on Solana are showing signs of strength for the ecosystem despite its native token losing about 94% of its value last year, with the week of Dec. 25 seeing the most activity since ...
NFT sales dip around Christmas for second year in a row
NFT sales have dipped leading up to Christmas for the second year in a row. NFT trading volume fell from over $24 million on Dec. 20 to $12.9 million on Dec. 25 of this year — a 46.5% decrease....
Daily crypto trading falls below $10 billion for the first time since 2020
Daily spot market trading volume for crypto exchanges fell below $10 billion for the first time since December of 2020, according to The Block’s Data Dashboard. Spot trading volume f...
The year in NFT charts
From the dizzying highs of the bull run, when NFT Google searches were up what felt like thousands of percentage points, to the dark corners of the bear market, it’s been a tumultuous year for N...
Generative NFTs largely avoided the market mayhem of this year
Generative NFTs have not faced the market pressures that affected other NFT collections over the course of 2022, according to a new report from The Block Research. “Although the NFT...
Magic Eden bolsters gaming support via Polygon NFT minting and trading
Magic Eden, Solana’s biggest NFT platform, now supports Polygon NFT minting and trading. Magic Eden extended support for the Polygon network on Nov. 22 in an effort to add multi-chain fun...
Magic Eden introduces discount and rewards system for marketplace users
Magic Eden announced a rewards system that allows users to receive rewards, discounts and other perks based on their activity on the platform. Magic Eden Rewards, as it’s called, will officially...
NFTs on Uniswap Gain Modest Momentum
December 8, 2022, 1:37PM EST • 5 min read Quick Take Rapid Insights provide a deeper analysis of the current crypto landscape in a timely fashion. Uniswap launched an NFT aggregator last week that has...
Magic Eden hires its first Chief Gaming Officer
The Solana-based NFT platform Magic Eden has hired its first Chief Gaming Officer. Chris Akhavan joins Magic Eden from Forte, a blockchain-based gaming firm that raised $725 million in Series B...
OpenSea sees Art Basel bright spots in gaming, storytelling
Seated inside a trendy new hotel in Miami’s Wynwood arts and entertainment district on a sunny and warm December afternoon, OpenSea VP of product Shiva Rajaraman said he had come to town to take...
Has removing royalties paid off for Magic Eden?
While November has been a rough month for a lot of people with the fall of FTX reverberating around the crypto space, most NFT and gaming firms have so far been spared the brunt of the fallout. ...