NFT | ForkLog - Part 8

ForkLog 23 15.03.2024

NFT of Dogwifhat Meme Coin Symbol Sells for $4.3 Million

The original image of the dog that became the symbol of the meme cryptocurrency dogwifhat (WIF) has reportedly been put up for sale as an NFT on the Foundation platform. Source: Foundation. At the time of writing, the highest bid stands at 6.94 ETH (~$25,660), with more than two days remaining until the auction ends. […]

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ForkLog 17 15.03.2024

NFPrompt Platform Suffers Security Breach

On March 15, the Binance-backed platform NFPrompt reported a hacking incident that resulted in the loss of some user and treasury funds. ATTENTION $NFP Holders: We are writing to inform you of a critical security incident involving NFPrompt. It was discovered that a group of hackers compromised some wallets, including those of NFP’s contract administrators. […]

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ForkLog 13 13.03.2024

Solana-Based NFT Marketplace Tensor to Launch Governance Token

The team behind the Solana-based NFT trading platform Tensor has introduced the governance token TNSR. Introducing $TNSR — the future of NFT trading.$TNSR will govern Tensor protocols that have already traded over $2bn worth of NFTs on the fastest, most scalable blockchain — Solana. pic.twitter.com/eff2IxGOwr — Tensor Foundation (@TensorFdn) March 12, 2024 The Tensor Foundation […]

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ForkLog 23 11.03.2024

Beyond ERC-404: how b0rder1ess’s NAP works

In early 2024, Ethereum’s community buzzed over experimental ERC-404 and DN-404 tokens that combine characteristics of ERC-20 and ERC-721. In January 2024, the developers at b0rder1ess unveiled the Native Assurance Protocol (NAP), which tackles NFT-market liquidity without creating new standards. Here is a look at the project’s ecosystem and the advantages of NAP. What is […]

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ForkLog 14 05.03.2024

‘Every token is already a micro-pool’: ERC-404 as a Frankenstein’s monster in NFT 2.0

Back in 2020, NFT 2.0 projects could be counted on one hand. Today, thanks to Uniswap v3, the NFTfi segment and lending protocols such as Blend and NFTX, the topic gets more airtime—usually without much detail. Web3 entrepreneur Vladimir Menaskop set out to fill the gap. Today I want to examine aspects of ERC-404 that […]

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ForkLog 22 05.03.2024

CryptoPunk Sells for $16 Million, Becoming Second Most Expensive

On March 4, CryptoPunk #3100, one of the nine so-called “alien punks,” was sold for 4500 ETH ($16.03 million). Data: CryptoPunks. According to the CryptoPunks platform, this sale is the second most expensive transaction involving a CryptoPunk in the history of the NFT collection, both in dollars and in ether. The seller surpassed a previous […]

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ForkLog 11 01.03.2024

Ordinals Trader Returns $13,000 Mistakenly Paid by Buyer

A buyer of a Bitcoin “inscription” on the Ordinals protocol received back approximately $13,000, which was mistakenly paid for an NFT. Hey, this was my listing. I made you an offer on it for 0.21 BTC, so you can accept that and be well again. I listed it at 0.21 BTC because it’s dank not […]

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ForkLog 28 28.02.2024

VanEck Unveils SegMint NFT Platform

Investment firm VanEck has launched the SegMint platform for trading digital assets and NFTs, along with a non-custodial wallet. This was reported by The Block. At launch, SegMint will serve clients in Europe and Asia, with access restricted for U.S. residents. The platform targets blockchain-savvy users who own or wish to access NFTs. Additional features […]

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ForkLog 10 24.02.2024

Solana NFT Sales Surpass $5 Billion

Sales of non-fungible tokens (NFTs) on the Solana network have reached a total of $5 billion. Of this, $217 million was recorded in the past 30 days, according to CryptoSlam. Data: CryptoSlam. December 2023 marked the second-highest month for NFT sales on Solana, following October 2021, with $365 million and $373 million respectively. According to […]

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ForkLog 17 20.02.2024

eBay Reportedly Exits NFT Market and Cuts Web3 Division

The e-commerce giant eBay has reportedly shifted its stance on non-fungible tokens (NFTs) and is likely to exit this sector soon, according to NFTgators, citing its own sources. The company has reduced more than 30% of the workforce at its NFT marketplace, KnownOrigin. eBay acquired the UK-based platform in June 2022. Two months later, eBay […]

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ForkLog 15 14.02.2024

Bitcoin Dominates December NFT Trading Volume, CoinGecko Reports

In 2023, the turnover of non-fungible tokens (NFTs) across the top ten networks fell by 55.1% to $11.8 billion. Of this, 72.3% ($8.54 billion) was associated with NFTs on Ethereum, according to CoinGecko. DID YOU KNOW: #Bitcoin was the biggest NFT chain in December 2023, with $0.81 billion in trading volume, translating to a 42% […]

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ForkLog 32 10.02.2024

Rare BAYC NFT Sells for 275 ETH

A rare non-fungible token #1726 from the Bored Ape Yacht Club (BAYC) collection was sold for 275 ETH (approximately $688,000 at the time of the transaction). The token was owned by an NFT whale known as franklinisbored, who was previously one of the main holders of BAYC tokens. End of an era. pic.twitter.com/tJrliXKDvw — Franklin […]

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