Why Hedera might pull off a surprising comeback in 2023’s NFT market

Hedera made some significant developments in 2022, paving the way to becoming an NFT powerhouse. A price pivot could be on the way, as HBAR was shy of oversold conditions despite the downside. Now tha...

Manchester United and Tezos Foundation Accused of NFT Copyright Infringement

The $3.77 billion valued football club has been expanding its revenue collection avenues since the onset of the coronavirus, which significantly slashed the company’s profits. After debuting its NFT c...

Donald Trump’s NFT Collections Price Plunges as Hype Fades

NFT News Trump launched the collection on December 15 minting a total of 45,000 NFTs. At the time of launch, one NFT was priced at $99, or 0.083 ETH at this point. Donald Trump’s stockpile of non-fung...

NFT Collector Sentiment Inches Up in December

NFTs may have taken a nosedive in popularity this year, but they haven’t completely left the chat. Investor sentiment, driven by investor speculation, has cooled down since “panic” mode struck in May ...

Cuban NFT Artists Encounter Restriction of Web3 Freedom

NFT marketplace OpenSea has been delisting the accounts of NFT artists located in Cuba and other countries facing US sanctions for the past few months.  OpenSea claimed the reason was “due to act...

Blockchain Gaming Market Report 2022: Increase in Investments in Blockchain Games and P2E & NFT Trends to Drive Growth – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Blockchain Gaming Market by Game Type (Role Playing Games, Open World Games, Collectible Games), Platforms (ETH, BNB Chain, Polygon), and Region (North America, Europe, Asi...

NFT marketplace status check ahead of 2023- Is NFT season making a comeback

Activity on the social front for NFTs increased globally. Top NFT collections witnessed a hike in prices and NFT marketplaces registered a surge in sales. According to data gathered by LunarCrush, it ...

Chinese Government to Launch an NFT Marketplace

Key Takeaways China is setting up an NFT marketplace. The platform was built by the state-sponsored China Technology Exchange. Interoperability between the Chinese NFT marketplace and decentralized bl...

2023 off to a great start? China to launch NFT marketplace on Jan 1

As we come to a close to the year 2022, we find ourselves wondering what 2023 may bring for the cryptocurrency industry. Well, on the very first day of the new year, China will officially launch its v...

Government-backed group to set up NFT marketplace in China with secondary trading

Homegrown NFT marketplaces in China haven’t had much luck so far. But one group thinks it’s time for another shot — and this time it has official support. Plans for an NFT marketplace that will ...

PUBG looks up to Banger for NFT integration

PUBG collaborates with Banger to integrate NFTs into its ecosystem. The update is tentatively scheduled to go live in 2023. The blockchain aspect of the development will be handled by Banger, a platfo...

Most Impressive NFT Projects of 2022

After the market skyrocketed in 2021, NFTs became even more ubiquitous in 2022 as creators, brands, and celebrities embraced Web3. But amid the sometimes overwhelming glut of projects, only a handful ...

China plans to launch a regulated NFT marketplace

China has announced its plans to launch the first regulated NFT marketplace in the country. The tentative date for the marketplace launch is January 01, 2023. It will allow users to trade digital item...

China to launch its national NFT marketplace in the new year

China is launching its first national non-fungible token (NFT) marketplace this New Year. The platform will enable the trading of copyrights for digital assets and other collectibles. China is launchi...

For additional revenue streams, NFT developers diversify into real-world assets

Join Our Telegram channel to stay up to date on breaking news coverage Best-selling online collectibles creators have reacted to a decline in the value of cryptocurrencies and digital assets by lookin...

Manchester United accused of stealing its NFT design

The first-ever official Manchester United NFT collection released in December seems to replicate the collectible monsters drawn by artist Lucréce. The artist has already claimed his rights to the work...

China to launch its first regulated NFT marketplace, China Digital Asset Trading Platform, on January 1

China will launch a regulated platform for trading Non-fungible trading tokens (NFTs) known as China Digital Asset Trading Platform on January 1, 2023, according to local media outlet Sina News. The C...

Total NFT market cap grows 11,664% in 2 years

Total NFT market cap recorded a growth of 11,664% in two years, increasing to around $10 billion from $85 million on December 2020, according to NFT Valuations data shared by crypto influencer 6529. S...

Fidelity plans NFT marketplace: Nifty Newsletter, Dec. 21–27

In this week’s newsletter, read about investment giant Fidelity planning to enter the nonfungible token (NFT) space and how Italy’s NFT market will grow. Check out how North Korean hackers use phishin...

China’s first national NFT marketplace set to launch next week 

China plans to create its first regulated market for non-fungible trading tokens (NFTs) on Jan. 1, 2023. According to a Dec. 28 Sina News story, the new NFT platform was developed by the state-owned C...

Manchester United Accused of Copying NFT Artist For Its Own Collection

On December 28, NFT artist Lucréce reported via Twitter that he is in talks with Arthur Breitman, co-founder of Tezos, to get an explanation from Manchester United soccer about why its new NFT collect...

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....

China’s first national NFT marketplace to launch next week: Report

According to a report published by local news outlet Sina News on Dec 28, China will launch its first regulated platform for nonfungible token (NFT) trading on Jan. 1, 2023. The entity, which acts as ...

Solana’s Anatoly Yakovenko Shares Thoughts on Ecosystem’s Biggest NFT Projects Leaving for Ethereum and Polygon

Solana (SOL) co-creator Anatoly Yakovenko has chimed in on the expansion of some of the blockchain’s biggest projects to other chains. In November, Solana’s largest marketplace for non-fungible tokens...

Financial Giant Fidelity Files Trademark Applications for NFT Marketplace in the Metaverse

Fidelity Investments has filed a trademark application that reveals the financial services giant’s plans for the metaverse and digital collectibles. On digital collectibles, Fidelity Investments says ...

Italy NFT Market Goes Wild, Upward Projection till 2028

The NFT buzz went beyond the art industry to reach the Italian fashion space. Italy is reportedly looking to develop the crypto art renaissance through its non-fungible token (NFT) market. As one of t...

Manchester United NFTs accused of copying work of popular NFT artist

An official NFT collection from the Manchester United Football Club has been accused of looking a little too much like the work of a popular NFT artist known for his colorful animated monsters. ...

Snowfall Protocol (SNW) Breaks Record Highs Despite Cardano’s (ADA) $250k NFT Sale; Polkadot (DOT) Declines by 3%

The cryptocurrency market has been seeing a lot of activity lately, with several projects making headlines for their impressive performance. One project that has been making waves is Snowfall Protocol...

Yuga Labs dominates most expensive NFT sales of 2022

It’s been a tough year for NFTs. Things started well. January this year hit an all-time high in terms of sales on marketplaces. With the drop in the price of Ethereum and the onset of the bear m...

What is NFT Staking? Pros and Cons of NFT Staking.

What is NFT Staking? Locking up non-fungible tokens on a platform or protocol in exchange for staking rewards and other advantages is called NFT staking. Staking NFTs enables owners to continue mainta...

Best NFT games to play in January 2023

With the expansion of the cryptocurrency industry, games based on the underlying blockchain technology are gaining popularity as well, relying on non-fungible tokens (NFT) as an essential part of thei...

Yuga Labs lawsuit receives counterclaim from NFT artist

Yuga Labs, creators of the popular Bored Ape Yacht Club NFTs, received a counterclaim in an ongoing lawsuit against an artist and his business partner who allegedly forged “copycat” versions of their ...