NFT

Non-fungible tokens (NFTs) may not be as hot as in 2021, but Kevin Hart's new Netflix movie "Lift" shows the cultural phenomenon still has life. What Happened: One of the film's plot points revolves around the main characters stealing a single-edition NFT created by an...

Cryptocurrency-related venture capital inflows remained tepid in the final quarter of 2023, leaving many wondering: "Has the thaw even begun?" What Happened: Deal count plummeted to a new low of 359, a significant drop from the third quarter's (Q3) 430. It's also a far cry from...

The world of non-fungible tokens (NFTs) witnessed a monumental shift in December 2023, as Bitcoin (CRYPTO: BTC) based NFTs, also known as Ordinals, shattered all previous sales records. According to data from industry leader Cryptoslam, December saw a staggering $881,221,244.98 in Ordinal...

China’s Ministry of Industry and Information Technology announced that the country plans to support the development of non-fungible tokens (NFTs) and decentralized applications (dApps) amid the widespread adoption of blockchain technology. What Happened: The official document highlights...

2024 could be a year of significant milestones for the cryptocurrency industry. Crypto index fund manager Bitwise on Wednesday laid out key trends to look forward to, including Bitcoin's (CRYPTO: BTC) reaching new heights as well as the emergence of artificial intelligence (AI)...

The Oasis Protocol Foundation is collaborating with NFTb, a multifaceted platform backed by Binance Labs. What Happened: The goal is to elevate privacy standards in the realms of digital collectibles and gaming within the crypto space. In a move to address the growing need for confidentiality in...

Tiger Global Management's largest venture fund has reportedly incurred an 18% loss in paper value as of the end of September. This decline comes after the firm reduced the valuations of several portfolio companies, Bloomberg reported, citing sources. The fund, dubbed the Private Investment...

JPMorgan on Thursday highlighted a resurgence in the decentralized finance (DeFi) and non-fungible token (NFT) sectors in a research report. This revival is attributed to the growing anticipation of a U.S.-based spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF), which has positively...

Portuguese professional soccer star Cristiano Ronaldo has been named in a class-action lawsuit filed in a United States district court in Florida, that centers around his involvement in promoting the cryptocurrency exchange Binance (CRYPTO: BNB). The suit, filed on Nov. 27, 2023, stated...

In the rapidly evolving world of blockchain technology, a significant shift is underway, reshaping how decentralized applications (dApps) operate across multiple chains. Binance Research's latest report highlights the growing importance of cross-chain interoperability, with DeFi (Decentralized...

Walt Disney Co (NYSE: DIS) launched its NFT marketplace, Disney Pinnacle, for tokenizing its iconic animation characters from the past century, as well as characters from its Pixar and Star Wars franchises. A collaboration with Dapper Labs, the NFTs will be uniquely styled as...

Solana’s (CRYPTO: SOL) Mad Lads NFTs have reached an unprecedented price high after Backpack, a Solana-based NFT wallet app, appointed a former FTX general counsel, Can Sun to spearhead Trek Labs, a Dubai-based startup linked to Backpack and its parent company, Coral. Coral's Mad Lads...

Daily NFT trading volume touched a three-month high as $19.1 million worth of JPEGs and other tokenized assets changed hands, according to blockchain data compiled on a Dune dashboard by analyst Hildobby. Price Action: JPEG is a cryptocurrency token operating on the Ethereum platform. In the past...

Coatue Management, a tech-focused investment firm, has lowered its valuation of its investment in the NFT marketplace OpenSea. Coatue's stake has been decreased drastically from $120 million to just $13 million, The Information reported. This adjustment suggests that OpenSea's...

Shiba Inu's (CRYPTO: SHIB) started out as a mere internet meme, but has since turned into a Web 3.0 juggernaut boasting a market capitalization that hovers around $4 billion. The coin's journey is emblematic of the crypto industry’s shift away from irreverence to sophisticated and...