Crypto
CryptoPunk NFT Sold at a $10 Million Loss
The recent sale of a CryptoPunk NFT illustrates a significant decline in the market, where NFTs that once enjoyed lofty valuations now face steep losses.
Markets
Magic Eden Expands with Acquisition of Trading App Slingshot
Magic Eden aims to enhance its platform by incorporating Slingshot, allowing for streamlined crypto trading across blockchains.
Altcoins
OpenSea Appeals to SEC for NFT Marketplace Exemption from Securities Rules
OpenSea seeks a formal exemption from SEC regulations for NFT platforms, asserting they should not be classified as exchanges.
Finance
Jupiter Acquires DRiP Haus to Enhance NFT Capabilities
Jupiter, the leading DeFi exchange on Solana, has taken over the digital collectibles platform DRiP Haus to bolster its offerings in the NFT space.
Crypto
X2Y2 NFT Marketplace Announces Closure Amid Declining Trade Volumes
The X2Y2 NFT marketplace will cease operations as trading volumes plummet, prompting a shift to a new AI-focused project.
Finance
DTTM Operations May Launch NFT and Metaverse Initiative
DTTM Operations has submitted a trademark application signaling a potential venture into NFTs and a metaverse platform.
Finance
SEC Concludes Investigation into OpenSea, Alleviating NFT Market Concerns
The decision by the SEC to conclude its investigation is encouraging for the NFT marketplace and the broader cryptocurrency sector.
Crypto
Ye Plans to Launch YZY Token Amid Controversy
The artist formerly known as Kanye West is set to release a cryptocurrency, with a significant portion allocated to himself.
Finance
NFT Collector Acquires $3M Digital Artwork, Marking Most Significant Sale in Three Years
A U.S.-based art collective makes headlines with the largest NFT purchase in recent years, buying a unique artwork for $3 million amidst a fluctuating market.
Market News
OpenSea Expands Its Platform for Token Trading with New Airdrop Announcement
OpenSea's new OS2 platform will bring together NFT and token trading to enhance user experience.
Finance
LinksDAO to Launch a Community Token Integrating Golf Culture
LinksDAO is initiating the introduction of a new community token aimed at funding golf course acquisitions, alongside its existing NFT offerings.
Finance
OpenSea Refutes Claims of Mandatory Customer Verification for Airdrop
OpenSea's CEO denies any requirement for users to complete extensive identification for a rumored airdrop.
Finance
Animecoin Launch by Azuki Marks a New Era Worth $1.2 Billion
The new crypto project Animecoin faces immediate challenges with its claims website crashing shortly after launch.
Crypto
Elroy Cheo's Vision for Web3 Communities in Asia
The co-founder of a prominent Web3 community discusses how Asia is poised to spearhead the next wave of NFT evolution.
Finance
Azuki Unveils New ANIME Token, NFT Prices Surge
Azuki has launched its ANIME token, dedicating significant supply to community members, leading to a notable rise in NFT prices.
Finance
Pudgy Penguins' PENGU Token Launches with a $2.3 Billion Valuation
The newly launched PENGU token from the Pudgy Penguins NFT project garners $90 million in trading within its first hour, establishing a strong market presence.
Finance
OpenSea Foundation's Registration in Cayman Islands Fuels Airdrop Rumors
OpenSea’s recent Cayman Islands registration has raised questions about a potential token airdrop as it prepares to launch a new platform.
Finance
A Single Pudgy Penguins NFT Surpasses Bitcoin in Value
The Pudgy Penguins NFT collection has emerged as the second-highest valued set of NFTs globally, crossing the $100,000 threshold for the first time.
NFT
Pudgy Penguins Set to Launch New Cryptocurrency Token: PENGU
The popular NFT collection, Pudgy Penguins, announces the release of its cryptocurrency token, PENGU, aimed at fostering community engagement.
Finance
NFT Hype Returns: CryptoPunk Sells for a Staggering $56.3 Million
A recent sale of CryptoPunk 1563 has reignited interest in NFTs, fetching an unprecedented $56.3 million.
