NFT Market Suffers Incredible Losses as Sales Volume Reduce to $127 Million

The NFT market is a very important part of the crypto industry. This is where the buying and selling of non-fungible tokens take place. But since the peak 2021 season, the market suffers from a considerable decline. But it got…

Sol Network Record $1.3 Million NFT Sales in 24 Hours. Is this Solana Season?

The Solana season is upon us as the blockchain records some mad sales volume in the past 24 hours and the seven-day sales. Apparently, more traders are participating in the network and making more sales. This is after the terrible…

Sotheby’s is being sued for its ‘Misleading’ Marketing of Bored Ape Yacht Club NFTs

The auction house finds itself in the midst of a captivating legal battle as it assumes the role of a defendant in a class-action lawsuit. This litigation revolves around suing Sotheby’s for the intriguing value of Non-Fungible Tokens (NFTs), sold at…

Kraken Launches Promising NFT Marketplace

Kraken, one of the world’s leading crypto platforms, has officially launched its own NFT marketplace. Kraken’s marketplace allows users to explore, collect, and trade NFTs across multiple blockchains with zero gas fees* and native rarity rankings. Kraken believes that the…

Your NFT Can Now Be Used as Collateral – Binance

Binance, the world’s largest crypto exchange by transaction volume, has launched a new feature for non-fungible tokens (NFTs).  These unique assets represent anything from art, music, and gaming items.  Binance is now allowing users to borrow crypto using their NFTs…

Sony Files Patent for NFT Framework in Gaming Exploring Cross-Platform Gaming with NFTs

Sony has recently published a patent titled “NFT Framework For Transferring And Using Digital Assets Between Game Platforms,” which delves into the potential of using NFTs in video games. The patent explores how NFTs can be played with and transferred…

Tensor’s Solana-Focused NFT Trading Platform Set to Disrupt the Industry

Tensor Raises $3M for Solana-Focused NFT Trading Platform Tensor, a blockchain-focused startup, has raised $3 million in a seed funding round led by venture capital firms, Placeholder and 1kx. The funds will be used to develop a Solana-based non-fungible token…

Edata Networks awarded Patent to Push Blockchain Technology to the Mainstream through Data Sharing

Edata Networks Inc. and Aleda Inc. are leading the way in developing cutting-edge technologies aimed at revolutionizing the way communities function and interact with one another, as well as the way that Non-Fungible Tokens (NFTs) are created, managed, and traded.…

Former US President Donald Trump Drops $99 NFT

Donald Trump, a former US president, has released a set of digital trading cards featuring him as various characters, such as a superhero, astronaut, and Nascar racer. Restoring American Greatness Through NFTs In announcing his very own NFT collection on…

Crypto Twitter Reacts to NFT Platform Moving Towards Optional Royalties Model

Solana-based Magic Eden has, albeit reluctantly, become the most recent NFT marketplace to switch to an optional royalties model, following in the footsteps of X2Y2 in August. Customers Can Choose Royalty Amounts The optional royalties model allows customers to choose…