NFT trading volume slumped 74% in June.
In June, the total trading volume across NFT marketplaces stood at $1.04 billion, down from $4 billion in May. The 74% drop was the largest month-on-month decline, according to The Block.Key events and news in the non-fungible token (NFT) industry, including NFT projects and blockchain games, and the development of NFT technology.
NFT trading volume slumped 74% in June.
In June, the total trading volume across NFT marketplaces stood at $1.04 billion, down from $4 billion in May. The 74% drop was the largest month-on-month decline, according to The Block.
British court approves service of claim documents in NFT form
The High Court of England and Wales has approved service of documents related to bringing to the defendant's attention the essence of the claim via NFT, according to the law firm Giambrone & Partners.
SK Telecom unveils Web3 wallet for cryptocurrencies and NFTs
South Korean telecom giant SK Telecom will launch its own Web3 wallet to interact with cryptocurrencies and non-fungible tokens (NFTs), according to the press release.
Rarify and BitGo begin exchanging NFT analytics
Rarify, an NFT infrastructure provider, and custodian BitGo announced a strategic partnership to exchange analytics on non-fungible tokens.
NFT portraits of Julian Assange presented at Venice Biennale
A Greek artist, Miltos Manetas, a friend of Julian Assange, unveiled a collection of non-fungible tokens (NFTs) depicting the WikiLeaks founder. It became part of the international contemporary-art exhibition Biennale Arte.
Bybit lists OpenBlox NFT platform token OBX
Bybit launched trading of the OpenBlox token (OBX) of the eponymous gaming NFT platform in a USDT pair.
Alibaba, Baidu and Tencent to require KYC for NFT buyers
Chinese tech giants Tencent, Baidu, JD.com, Ant Group and others have embraced a 'self-discipline initiative' to curb speculation in the NFT market.
Facebook to test NFT support
Meta has begun rolling out NFT support for some US-based authors on its flagship social network Facebook, Decrypt reports.
DeFi Platform Marsbase Unveils NFT Collection ADAM-X
The DeFi OTC platform Marsbase unveiled the ADAM-X NFT collection. Token holders will receive discounts on trading fees and access to closed communities and private token sales.
Yuga Labs files suit against creator of ‘fake’ BAYC tokens
The creators of the BAYC NFT collection sued artist Ryder Ripps. Yuga Labs accuses him of issuing and selling "fake" tokens that devalue the original works.We use cookies to improve the quality of our service.
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