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 to...
Category : 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.
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 upgrade...
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 despite...
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 288...
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, the...
NBA Branded Top Shot NFTs are now Deemed Securities
The ongoing regulatory actions in the crypto and blockchain space have gained considerable pace in the last few days. In a recent development, a lawsuit...
Mongraal Wins Bored Ape Yacht Club’s Dookey Dash Challenge
Just recently, Yuga Labs, the company behind the Bored Ape Yacht Club NFT Collection, has announced Mongraal as the winner of its Dookey Dash challenge....
Trump NFTs are Back From Dead – What Could be the Reason?
Towards the end of last year, Ex-US President Donald Trump came up with his own NFT collection. These Donald Trump NFT trading cards were an...
Logan Paul in Hot Waters as Investors File a Rug Pull Lawsuit
In a recent development, renowned YouTuber, Logan Paul, has landed himself in the crosshairs of investors as the result of a failed crypto NFT project....
Dappradar Says NFT Sales Saw Massive Surge In 2022
According to a recent estimate published by DappRadar on blockchain technology and the use of decentralized applications (DApps) in the year 2022, the number of...