NFT Sales Plummet 44% Amid Memecoin Frenzy and Crypto Downturn
TL;DR Market Downturn: The NFT market experienced a significant drop in sales volumes, unique sellers, and buyers in Q2 2024, with a 45% decrease from Q1.
NFT (Latest Publications)
Unstoppable Domains Unveils Marketplace for Tokenized .com Trading
TL;DR Unstoppable Domains has launched a Marketplace to tokenize and trade “.com” domains and others on the web3 network. Founded in 2018, the platform offers web3
Swarm Markets Joins RWA Frenzy: Launches Gold-Backed NFTs
TL;DR Swarm Markets Launches Gold-Backed NFTs, Transforming Traditional Investments. NFTs allow ownership of physical gold stored in a Brink’s vault in London. Swarm Markets ensures compliance
Billionaire Mark Cuban’s Crypto Wallet Awakens to Dump NFTs
TL;DR Mark Cuban’s NFT Sales: Cuban sold part of his digital art collection, including a Pudgy Penguin NFT for over $30,000, while still holding around 1,600
TON is not Safe? SlowMist Warns of Increasing Phishing Attacks
TL;DR Phishing attacks on the rise in the TON ecosystem: Scammers are targeting TON users through Telegram groups, airdrops, and other deceptive methods. Be cautious about
Vatican Library Launches Web3 Initiative: Exclusive NFTs for Manuscript Supporters
TL;DR The Vatican Library’s Web3 initiative rewards Italian donors with exclusive NFTs for supporting manuscript collections, offering digital access to curated high-resolution images. NTT Data partners
Bitcoin NFTs Hit Record $4B Sales as Overall NFT Market Declines
TL;DR Despite a 54% drop in the overall NFT market in May, Bitcoin NFTs hit a record $4 billion in sales. They dominated the 30-day sales
The Future of Finance? Galaxy Digital Uses 316-Year-Old Stradivarius Violin NFT to Secure Loan
TL;DR Galaxy Digital has tokenized a Stradivarius violin valued at $9 million, using it as collateral for a loan. The funds were lent to Yat Siu, co-founder of Animoca
OpenSea Celebrates Base Artists with ‘Get Based’ NFT Drops
TL;DR OpenSea launches “Get Based” series on Ethereum L2 Base network with digital artworks. NFTs will be offered weekly and will be free or cost $5
Yuga Labs Halts CryptoPunks Development Amid Community Outcry
TL;DR Development Halt: Yuga Labs will stop developing the CryptoPunks collection after community backlash against the new “Super Punk World” edition. Community Backlash: The new edition by artist Nina Chanel
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