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A CryptoPunk NFT investor sold at a $10 million loss as top NFT collections struggle to recover from their 2021 highs amid falling trading volumes. An investor has sold a CryptoPunk non-fungible token (NFT) at a nearly $10 million realized loss, reflecting the continued decline in the once-booming blue-chip NFT market. A whale, or large…
” Nifty News: NFT and Web3 gaming console to launch in 2024, Chinese firms to check ID for NFT buying, and more “ Polium, a company that markets itself as “building the products and infrastructure for Web3 gaming,” has said it’s launching a gaming console that will support multiple blockchains and nonfungible tokens (NFTs). The…
” Nifty News: Christie’s NFT expert to lead CryptoPunks, fake heiress launches NFT collection “ Noah Davis, the non-fungible token (NFT) specialist at auction house Christie’s, has said he’s leaving the position in July to take up a post as brand lead for the CryptoPunks NFT collection with Yuga Labs. Announcing the move on June…
” Barbie-verse: Mattel inks multi-year deal with Cryptoys NFT marketplace “ Major toy brand Mattel has signed a multi-year partnership with forthcoming toy-focused non-fungible token (NFT) marketplace Cryptoys to exclusively feature its brands on the platform. Cryptoys is expected to launch in late summer 2022 on the Flow (FLOW) blockchain and is the flagship product…
” ‘Web3 offers us the promise to rearchitect the internet,’ says NFT.com Founder Jordan Fried “ Nonfungible tokens (NFTs) experienced a record-breaking year throughout 2021 in which sales volumes surpassed $14 billion, avatar collectibles permeated the mainstream market to become cultural status symbols, and avant-garde utility sparked innovative Web3 opportunities for a panoply of industries. …
” Privacy coins are surging. Will regulatory pressure stall their stellar run? “ Recent weeks saw a massive surge of the so-called privacy coins’ prices — namely Monero (XMR), Dash (DASH), Zcash (ZEC) and Haven Protocol (XHV). As many other cryptocurrencies and the industry at large faced immense regulatory pressure amid the war in Ukraine,…
” NeoNexus founder pulls the plug on popular Metaverse NFT project “ The founder of NeoNexus, a Solana-based NFT project, has stated the team is no longer developing the project, blaming the drop in Solana (SOL) prices for the decision. The project’s founder, Jack Shi, took to the official Twitter account for NeoNexus, tweeting at…
“# Axie Infinity (AXS) and Waves make gains as Bitcoin flatlines below $34K ” Bitcoin (BTC) price remains relatively unchanged on the 24-hour chart, down 0.56% and trading around $33,200 at the time of writing. The overall cryptocurrency market traded flat on July 2 with the approach of the Fourth of July holiday weekend in…