Not even popular art collectibles could survive the wrath of the market downturn. It appears there is no respite anywhere in the crypto realm in the face of Monday’s extraordinary market sell-off. Based on data from NFT Price Floor, the floor prices for Bored Ape Yacht Club (BAYC) and CryptoPunks, twoContinue Reading
Resorts World Las Vegas and Theta Labs’ partnership will see them release two packages of composite NFTs that will offer luxury experiences. Resorts World Las Vegas and Theta Labs have teamed up to release composite NFTs that will offer luxury experiences to buyers. The composite NFTs — essentially NFTs withinContinue Reading
On Saturday (June 11), American comedian and actor Martin Lawrence announced that he had sold the first NFT from his Cardano-powered “Martin: The Reunion” NFT collection for 3,000 ADA tokens. As you may remember, on June 7, Lawrence announced — during a conversation on Twitter Spaces with Patrick Tobler, Founder and CEO of NFT-MAKER, and CharlesContinue Reading
According to blockchain insider Colin Wu and Parsec Finance on-chain tracker, the Ethereum lending and borrowing market is in danger as ETH’s price reaches dangerous values and may cause a real catastrophe. The issue is in the number of liquidations that will appear on the market if ETH falls below or to $1,150. Reportedly,Continue Reading
The Bored Ape Yacht Club collection has dominated the NFT market since its launch, but changes in volume ranking indicate BAYC’s crown is slipping. The Bored Ape Yacht Club (BAYC)collection has dominated the NFT market since its launch in April 2021, spawning several copycats and redefining the genre. Several prominent A-list celebrityContinue Reading
Around 58% of NFT investors are yet to make a profit from the space despite the fact that most investors are in it for the money. A survey from DEXterlab revealed that most NFT investors are in it for the money. According to the study, over 64% of NFT investors say theyContinue Reading
Actor Seth Green has recovered his stolen Bored Ape Yacht Club NFT after paying a $260,000 ransom. After losing four NFTs from popular collections like the Bored Ape Yacht Club, Doodles, and Mutant Ape Yacht Club, actor and comedian Seth Green was in a pickle. Known for his movie roles in theContinue Reading
There’s no question that blue-chip NFT collections such as BAYC have declined in value recently, but the market for digital collectibles is much bigger. he market for nonfungible tokens, or NFTs, has slowed from its peak, but that doesn’t mean the industry is dead — far from it, actually. NFTContinue Reading
Salesforce employees protested against the company’s plans to enter crypto earlier this year Cloud software company Salesforce launched a pilot program for its corporate clients to create and trade NFTs. Launched during the Salesforce Connections Conference in Chicago on Wednesday, the first version of NFT Cloud is available in a closed pilot.Continue Reading
Galaxy Digital’s founder and CEO, Mike Novogratz, has forecasted a rough road ahead for crypto hedge funds. According to Mr. Novogratz, two-thirds of the existing hedge funds invested in the cryptocurrency industry will fail due to the ongoing Bitcoin and crypto bear market. He spoke at the Piper Sandler Global Exchange and BrokerageContinue Reading