Metaverse Shows Signs of Life with NFT Sales Up 27 Percent

Metaverse-related non-fungible token sales rose 27% in August from the month prior, suggesting people could be “slowly sneaking back into virtual worlds,” according to an analyst from DappRadar.  There was $6.5 million... Read more »

Christie’s Scales Back on NFTs as Art Market Faces Decline

UK auction giant Christie’s is reportedly closing its department that handles non-fungible token sales, putting it under a broader department amid a global decline in the art market. The “strategic decision” will... Read more »

OpenSea Debuts NFT Reserve with CryptoPunk Purchase

NFT marketplace turned trading platform OpenSea on Monday said it launched a $1 million reserve dedicated to buying “culturally relevant” non-fungible tokens (NFTs). OpenSea kicked off its NFT reserve by buying a... Read more »

NFT Sales Hit $91.9M, Lowest Weekly Total Since June as Buyers Drop 58%

Non-fungible token (NFT) sales volume dropped to $91.96 million in the first week of September, setting the lowest weekly sales figure since mid-June, according to data from NFT tracker CryptoSlam.  The NFT... Read more »

Trump-linked WLFI’s 40% decline causes millions in losses for crypto whales

Whales, or big cryptocurrency investors, have lost millions of dollars by betting on the price appreciation of the Trump family-linked World Liberty Financial (WLFI) token. Since its launch on Monday, the WLFI... Read more »
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