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Kremlin-backed social network VK will close its NFT platform this month, following a year of deepening losses and a planned $1.36 billion share issue to reduce debt. Russian social media company VK plans to shut down its marketplace for non-fungible…
Feature
As the crypto market prepares for turbulence amid the tariff wars, the NFT market seems to be in a worse position. Trading volumes are declining and marketplaces shutting down. The once-hyped world of non-fungible tokens, which analysts once boldly projected…
News
Sales are down, and purchases are up in the non-fungible tokens (NFT) market. Over the past seven days, CryptoSlam has shown that NFT sales volume has decreased by 7.87% to about $99.9 million. Ethereum NFT sales plummet The Ethereum (ETH)…
ETH
Ethereum
News
Cryptocurrency exchange Bybit announced it will discontinue its NFT and Inscription marketplaces as well as shut down its IDO products. Crypto exchange Bybit is winding down support for its marketplaces for non-fungible tokens and Bitcoin-based NFTs known as inscriptions just…
News
X2Y2 is closing its marketplace after three years, acknowledging the decline of NFT trading and shifting focus to AI. NFT marketplace X2Y2, which was launched as an alternative to OpenSea and LooksRare, will shut down on April 30, citing a…
News
Despite the overall market’s decline, the non-fungible token (NFT) market is showing resilience, with sales volume increasing by 4.5% to $102.8 million. Bitcoin’s price has dropped below $83,000 in the last seven days. At the same time, Ethereum is hovering…
Markets
Pudgy Penguins token has suffered a harsh reversal this week as demand for its non-fungible tokens dried up. The Pudgy Penguins (PENGU) token retreated to a low of $0.0064, its lowest level since March 24, and 13.5% below this week’s…
PENGU
Pudgy Penguins
News
Solana-based memecoin BONK has acquired Exchange Art, a digital marketplace for fine-art NFTs. The move brings new leadership to the platform, with artist J.T. Liss stepping in to guide the marketplace’s next phase. BONK (BONK) is a cryptocurrency built on…
News
Animoca Brands collaborates with Soneium to develop Anime ID, a new DID and reputation layer. Anime ID will be spearheaded by Anime Foundation contributor San FranTokyo. According to a press release shared with crypto.news, Anime ID will be the first…
News
Gate.io, KuCoin, and MEXC are set to list Walrus’s WAL token later today, following its mainnet launch and token generation event. According to a recent official announcement, crypto exchange Gate.io will list Walrus (WAL) for spot trading against USDT on…
News
In the past 24 hours, CryptoPunks have seen a flurry of buying activity as its floor price climbs to 42 ETH per NFT. According to data on its official site, the Yuga Labs-backed NFT collection has seen 19 sales of…
ETH
Ethereum
News
YOAKE and OpenSea will be launching an NFT collection based on the hit anime series ‘The Seven Deadly Sins,’ available on the Soneium blockchain for fans and collectors. According to a press release sent to crypto.news, the NFT collection titled…
ETH
Ethereum
News
The NFT market has continued its downward trend despite minimal crypto price recovery, with Bitcoin nudging up to $84,000 and Ethereum holding steady at $1,900. The global crypto market cap has moved up to $2.77 trillion from last week’s $2.73…
News
Canary Capital has become the first asset manager to file for an exchange-traded fund that holds both cryptocurrency and non-fungible tokens. According to a March 20 filing, Canary Capital plans to launch an ETF tracking the Pudgy Penguins ecosystem, combining…
News
LG is winding down its Art Lab, allowing collectors to withdraw NFTs before its closure in June. South Korean multinational electronics tycoon LG is winding down its LG Art Lab platform, a marketplace for non-fungible tokens launched to bring digital…
News
Serbian performance artist Marina Abramović has partnered with digital marketplace TAEX to release three new NFT drops that symbolize various elements of her work. According to Artnet’s report, Abramović has decided to return to the blockchain with a new NFT…
Learn
2021 is where everyone was talking about NFTs and it seemed like the next big thing. Fast forward to 2025 and people are speculating on whether NFTs can ever reclaim their past glory. There was truly a time when a...
ETH
Ethereum
News
PENGU, the Pudgy Penguins crypto has soared more than 10% after it was listed on Robinhood trading services. According to data from crypto.news, PENGU (PENGU) has gone up as high as $0.0065757, finally bouncing back from falling to its latest...
News
The NFT market has bounced back despite ongoing crypto weakness, with Bitcoin sliding to $86,000 and Ethereum dropping to $2,100. The global crypto market has continued its drop, with total market cap edging down to $2.83 trillion from last week’s...
News
NFT trading has seen a sharp decline since December as artificial intelligence dApps continue their surge, becoming the fastest growing sector in web3. According to DappRadar’s latest Industry Report published on Mar. 6, NFT trading volume decreased by 63% over...
Feature
From network tokens to meme coins, a16z crypto has laid out a framework to help businesses navigate the evolving crypto landscape. What is a cryptocurrency? According to Wikipedia’s definition, it is a digital currency designed to work through a computer...
News
Berachain’s co-founder, Smokey the Bera, says the developer team sold too many BERA tokens to venture capitalists and is currently working towards buying back its supply. Almost a month after the launch of the Berachain (BERA) mainnet, co-founder Smokey the...
BERA
Berachain
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Loaded Lions token crashed 48% since its all-time high as airdrop participants took profits. On Feb. 27, Loaded Lions, the flagship NFT project of Crypto.com, has officially launched its long-awaited token LION with an airdrop to Loaded Lions NFT holders....
CRO
Cronos
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The U.S. Securities and Exchange Commission has officially closed its investigation into Yuga Labs, the company behind the Bored Apes Yacht Club NFT collection. The regulator will take no enforcement action and has not issued any charges against the firm....
ETH
Ethereum
News
The NFT market has fallen alongside a broader crypto selloff, with Bitcoin tumbling to $85,000 and Ethereum dropping to $2,200. According to CryptoSlam data, NFT markets saw total sales volume fall to $107.1 million, marking a 28.93% drop from the...
News
The Trump Organization is looking to expand its footprint across the digital asset and blockchain ecosystem with a new trademark filing for “TRUMP.” An entity managing all Trump Organization trademarks submitted the application to the United States Patent and Trademark...
TRUMP
Official Trump
BTC
Bitcoin
News
DraftKings Inc. has agreed to a $10 million settlement in response to a class-action lawsuit alleging that its sale of non-fungible tokens violated state and federal securities laws. The lawsuit, initiated in 2023, argued that DraftKings’ NFTs should have been...
News
Fluence is urging cryptocurrency firms and industry players to commit to using decentralized physical infrastructure network solutions through the DePIN Pledge, backed by major organizations including IoTeX, Polygon, Helium, and Consensys. The cloudless computing platform Fluence is using the initiative...
ETH
Ethereum
News
The NFT market has rebounded despite crypto price weakness, with Bitcoin dipping to $96,000 and Ethereum unable to break past $2,700, hovering around $2,600. As per the latest CoinMarketCap, the global crypto market cap has dropped to $3.18 trillion from...
News
OpenSea has staged a dramatic comeback, reclaiming 71.5% of the Ethereum NFT market share in the past week. Just four weeks ago, its share stood at 25.5%, with Blur dominating the space. The Block reports that this surge coincides with...
Follow-up
On Feb. 13, OpenSea announced the launch of a new version, OS2. The tweaks address some of the concerns while ignoring others.
ETH
Ethereum
News
The NFT market continues its downward trend even as crypto prices stabilize.
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