OpenSea’s Biggest Investors has Marked Down by 90% its Stake
OpenSea, a prominent platform for non-fungible tokens (NFTs), has seen a sharp decline in its value. One of its major investors, Coatue Management, a US-based tech investment firm,…
NFT
Latest news about NFTs
NFTs or Non-Fungible Tokens are pieces of digital art that have their ownership record on the blockchain.
In recent years their growth has been exponential and some are already being sold for several million dollars.
Almost any piece of art can be tokenized and become NFT: Images, Audios, Tweets, game objects, songs, etc.
In this section we will bring you the most important news about NFTs and their expansion.
Why this topic matters
NFT coverage tracks digital collectibles, marketplaces, gaming assets, creator economies, intellectual-property disputes, token standards and Web3 culture. The hub focuses on both market activity and the infrastructure behind ownership and trading.
Common questions
What does NFT coverage include?
Collections, marketplaces, gaming assets, creator tools, token standards, legal disputes and Web3 culture.
Are NFTs only collectibles?
No. NFTs can also represent gaming items, access rights, digital identity, tickets and other tokenized assets.
What risks are important in NFTs?
Liquidity, copyright issues, scams, smart contract risk, marketplace rules and volatility.
More from this category
Bitcoin Ordinals Outperform Solana’s NFTs in Sales
Solana, the high-speed, low-cost blockchain that has been attracting a lot of attention in the NFT space, has seen a sharp decline in its…
Blur and Binance Fight for NFT Market Dominance
Blur Lending, also known as Blend, is a peer-to-peer NFT lending protocol that works with the Blur NFT marketplace. It allows users to borrow…
Binance NFT Loan: A New Way to Leverage Your NFT Assets
Binance NFT, a leading platform for buying and selling non-fungible tokens (NFTs), has introduced a new feature that allows NFT owners to borrow Ethereum…
Multi-Network NFT Marketplace Commences Cross-Chain Purchasing
NFTrade, a popular nonfungible token (NFT) marketplace, has introduced a unique feature that enables cross-chain purchases across various networks, including Ethereum, Polygon, Avalanche, and…
Bitcoin (BTC) Overtakes Solana (SOL) as the Second Most Used NFT Blockchain
Bitcoin (BTC) has finally overtaken Solana (Sol) as the second most used blockchain for Non-fungible Tokens (NFTs) according to the latest data from CryptoSlam.
NFT Market Struggles Amidst Imbalance Between Sellers and Buyers
The nonfungible token (NFT) market has continued to grapple with slow growth and market activities, as the volume of sellers now outweighs buyers according…
Helium Upgrades to the Solana Chain and Mints Nearly 1M NFTs
As per the recent development, Helium has stepped into a new era following its upgrade to the Solana blockchain. The fundamental goals of the…
CoinGecko Reveals 25% of NFT Holders Have More than 51 Collections
Crypto data website CoinGecko in its latest data on April 6 reported that 25% of Non-Fungible Token (NFT) holders have more than 51 collections…
Yuga Labs Accumulates $16.5M After First Bitcoin NFT Auction
The auction of Bitcoin Ordinal NFTs, held by Yuga Labs, has come to an end and has generated $16M in merely 24 hours. Approximately…
Yuga Labs Expresses Plans to Launch New NFTs on the Bitcoin Blockchain
One of the largest NFT companies, Yuga Labs, would debut its NFT project on the Bitcoin blockchain by next week. As per the company’s announcement,…