NFT | ForkLog - Part 3

ForkLog 33 25.04.2025

CloneX NFT Avatars Reappear After Temporary Disappearance

Over 19,800 digital avatars from the NFT collection by RTFKT Studios have reappeared following a blockage of images by the cloud service CloudFlare. .@RTFKT fixed problems with CloneX… Art is back?? pic.twitter.com/njsog1t2nl — mOpO680? (@mopo680) April 25, 2025 On April 24, asset owners found a notification from the CDN service provider instead of their assets: […]

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ForkLog 31 21.04.2025

NFT Project Plans to Acquire Nuclear Bunker for DAO

The team behind Dead Bruv, developers of the NFT project Meatbags, has initiated a crowdfunding campaign to purchase a plot of land in England featuring a decommissioned Cold War-era bunker. Meatbags, grab your masks and your bug out bags. April 21, we’re kicking off #buythebunker—the weirdest crowdfunded property purchase on the internet ever ? pic.twitter.com/WV0WPyYbva […]

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ForkLog 15 13.04.2025

NFT Trader Faces Up to Six Years in Prison for Tax Evasion

An American citizen has admitted to two counts of filing false tax returns, concealing approximately $13 million in profits from NFT transactions involving the CryptoPunks collection. This was reported in a press release from the U.S. Attorney’s Office for the Middle District of Pennsylvania. According to authorities, Waylon Wilcox submitted incorrect data in his tax […]

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ForkLog 45 11.04.2025

NFT Collector Sells Rare CryptoPunk at a $10 Million Loss

A non-fungible token (NFT) from the CryptoPunk collection was sold for $6 million, although about a year ago it was purchased for $16 million. One of the rarest pieces in the CryptoPunk series, #3100, changed hands for 4000 ETH (~$6 million). In March 2024, the same NFT was bought for 4500 ETH (~$16 million). Data: […]

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ForkLog 16 09.04.2025

Court Approves Settlement in Shaquille O’Neal’s NFT Project Lawsuit

Former NBA star Shaquille O’Neal has received final court approval for the settlement of a class-action lawsuit by investors in the NFT project Astrals. Florida federal judge Federico Moreno confirmed the settlement between the defendant and a group of plaintiffs led by Daniel Harper. The agreement resulted in the creation of an $11 million fund […]

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ForkLog 148 08.04.2025

VK to Shut Down Loss-Making NFT Platform

Russian social network VKontakte has announced the closure of its VK NFT Hub marketplace due to increasing financial losses, as reported by Cryptonews. Users are advised to transfer assets from the platform to external wallets by April 15 to avoid losing access. After this date, the social network will disable visual indicators on NFT holders’ […]

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ForkLog 148 04.04.2025

DeFi TVL and NFT trading slump in Q1, says DappRadar

The number of active users of decentralised applications fell by just 3% in Q1. DeFi protocols’ TVL plunged 27%, while NFT market trading volumes dropped 24%. The dapps ecosystem lost more than $2bn to hacks and scams. In the first quarter of 2025, TVL in DeFi protocols fell by 27%, NFT trading volume declined by […]

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ForkLog 23 02.04.2025

Bybit to Shut Down Its NFT Marketplace

Bybit exchange announced the closure of its NFT marketplace. The platform will cease operations on April 8. Users are advised to withdraw their assets by this date. The exchange is also closing the Inscription Marketplace and IDO platforms. The decision is part of the company’s service optimization efforts. NFT trading volume has decreased by 90% […]

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ForkLog 90 01.04.2025

Pavel Durov Earns 95.8 Million Rubles from NFT Bricks

On April 1, an NFT gift in the form of a brick appeared on the Telegram messenger. All 7,000 units were sold out within 34 minutes. Source: Telegram. The price of one brick was 5000 Telegram Stars (13,690 rubles at the time of writing). Thus, Pavel Durov, as the sole owner of the messenger, earned […]

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ForkLog 20 31.03.2025

NFT Marketplace X2Y2 Announces Closure After Three Years

The NFT trading platform X2Y2 announced its complete shutdown on April 30, three years after its launch. 1/ After an incredible 3-year journey, I have some important news to share: X2Y2 will be sunsetting as an NFT marketplace on April 30, 2025. The contracts will remain live, but the platform itself will shut down. — […]

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ForkLog 58 28.02.2025

Donald Trump Seeks Trademark for Metaverse Venture

Donald Trump’s Trump Organization has filed an application to trademark TRUMP for a planned metaverse dedicated to the former U.S. president. This was reported in a blog by the law firm Gerben IP. The document covers a wide range of product and service categories intended for the proposed platform. The platform will offer the ability […]

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ForkLog 20 25.02.2025

Bernstein Predicts Liquidity Shift from Meme Coins to DeFi and NFTs

Analysts at Bernstein anticipate that as the regulatory environment evolves, liquidity in the crypto market will begin to flow back from meme coins to DeFi projects, NFTs, and gaming tokens. This is reported by The Block.

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