Tag: NFTs
Kraken Will Close its NFT Marketplace Next Year
Reading time: < 1 minuteKraken has decided to shut down its NFT marketplace in order to reallocate resources towards new projects.
OpenSea to Roll Out a New Platform
Reading time: < 1 minuteOpenSea shared a mysterious post on X yesterday, teasing a potential “new OpenSea” set to arrive in December 2024.
Moongate Launches New Rewards Program and NFT Collection
Reading time: 2 minutesHong Kong, Hong Kong, 4th October 2024, Chainwire
Monthly NFT Sales Drop to Lowest Level in a Year
Reading time: < 1 minuteThe latest data from CryptoSlam’s NFT tracker shows that NFTs had a monthly sales volume of $374 million in August, marking the lowest monthly sales of the year and continuing a downward trend.
OpenSea Receives a SEC Wells Notice
Reading time: < 1 minuteOpenSea’s CEO, Devin Finzer, has revealed that the NFT marketplace has received a Wells Notice from the SEC, indicating that the agency may take legal action against them.
Number of Ethereum NFT Traders Falls to Levels Not Seen Since 2021
Reading time: < 1 minuteThe broader cryptocurrency market has seen a significant amount of hype this year, but the non-fungible trading sector has been struggling to keep up.
US Treasury Releases Report on NFTs Risks
Reading time: < 1 minuteThe US Treasury Department has released its first assessment of the risks associated with non-fungible tokens (NFTs), stating that they are susceptible to fraud and scams.
Magic Eden Becomes Leading NFT Marketplace
Reading time: < 1 minuteIn March, Magic Eden, a popular Solana-based nonfungible token (NFT) marketplace, saw a significant increase in trading volume, surpassing the industry leader Blur.
Binance Suspends Bitcoin NFTs Support
Reading time: < 1 minuteIn an announcement on Thursday, Binance revealed that it will no longer support Bitcoin non-fungible tokens (NFTs) on its platform.
VanEck Rolls Out an NFT Platform
Reading time: < 1 minuteVanEck has launched SegMint, a new platform for trading digital assets and NFTs, and also offers a non-custodial wallet.
