Galaxy tokenizes violin to secure loan, NFT sales volume tumbles: Nifty Newsletter

In this week’s newsletter, read about Galaxy Digital using a nonfungible token (NFT) of a historic violin to secure a loan and how NFT sales volume plummeted in May. Check out what... Read more »

Galaxy Digital uses historic violin NFT to secure loan

Michael Novogratz’s Galaxy Digital and Animoca Brands co-founder Yat Siu have tokenized a Stradivarius violin from 1708 to use as collateral for a multimillion-dollar loan. On June 4, Galaxy reportedly lent an... Read more »

Anurag Arjun, X Hall of Flame

Contrary to reports at the time, Polygon never attempted to slay Ethereum. Back in 2021, various organizations, including CoinGecko and the Nasdaq, labeled Polygon as a “faster and cheaper” blockchain than Ethereum... Read more »

Bitcoin NFTs hit $4B in all-time sales volume

While the overall nonfungible token (NFT) space saw a 54% drop in sales in May, digital collectibles on Bitcoin reached a new milestone.  On June 4, NFT data tracker CryptoSlam showed that... Read more »

Cristiano Ronaldo unveils NFT series with Binance capturing career highlights

Cristiano Ronaldo will continue his Web3 foray by launching a new nonfungible token (NFT) collection with Binance commemorating his path from humble beginnings to football stardom.  The collection, dubbed “Forever Worldwide: The... Read more »
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