DappRadar: NFT Prices Fall but Sales Rise
TL;DR DappRadar reported a 45% drop in NFT trading volume in the second quarter, while sales rose 78%. OpenSea led activity with a 156% increase...
Polygon Surpasses $2 Billion in NFT Sales and Leads the Market Recovery
TL;DR Polygon reached $2 billion in total NFT sales, driven by steady growth from Courtyard and tokenized real-world assets. Between November and May, monthly sales...
NFT Market Rebound After Five Months of Declines
TL;DR NFT sales climbed to $430 million in May, breaking a five-month streak of consecutive market declines. The number of buyers jumped 50%, surpassing 936,000,...
Shaquille O’Neal to Pay Millions Over Failed NFTs
TL;DR Shaquille O’Neal has agreed to pay $11 million to settle a class-action lawsuit linked to the Astrals NFT project, built on the Solana blockchain....
Reservoir Closes $14 Million Funding Round to Expand Its NFT Infrastructure
TL;DR Reservoir, an NFT infrastructure provider, closes a Series A funding round for $14 million, led by Union Square Ventures (USV). The funding will be...
NFTs and Meme Coins: David Sacks’ New Classification as Collectibles
TL;DR David Sacks, White House czar for AI and cryptocurrency, classifies NFTs and meme coins as “collectibles,” highlighting their cultural and commemorative value. This classification...
Ledger Wallet: A User Alerts About the Loss of 10 BTC and NFTs in Phishing Attack
TL;DR A Ledger user reports the loss of 10 BTC and $1.5 million in NFTs due to a phishing attack. The hack occurred in February...
Shaq Agrees to $11M Settlement in Astrals NFT Class Action Lawsuit
TL;DR Shaquille O’Neal has agreed to settle an $11 million class action lawsuit over promoting Solana-based Astrals NFTs, covering legal fees and compensating investors. The...
Mint Blockchain Secures $1.35 Million to Lead NFT Innovation
TL;DR Mint Blockchain secures $1.35M in OP tokens, the only Superchain approved by the OP Grants Committee. The funding will be used to attract developers...
Melania Trump Launches Fashion-Forward Necklace with Solana NFT Integration
TL;DR Melania Trump launched a necklace collection that includes an NFT on the Solana blockchain. Buyers receive a unique NFT as proof of digital ownership...