Average NFT price falls to one-third of its February peak
Average NFT price fell by 67% from the February peak, according to Nonfungible. Such a dynamic may indicate a waning NFT mania, Bloomberg reports.Key events and news in the non-fungible token (NFT) industry, including NFT projects and blockchain games, and the development of NFT technology.
Average NFT price falls to one-third of its February peak
Average NFT price fell by 67% from the February peak, according to Nonfungible. Such a dynamic may indicate a waning NFT mania, Bloomberg reports.
Expert calls NFT market correction a ‘silent crash’
Due to low liquidity in the NFT market, sellers struggle to gauge buyers' sentiment, so the asking price for their asset can be significantly lower than the acquisition cost, according to the CEO of Psyops Capital.
Justin Sun buys Picasso and Warhol paintings to tokenise them as NFTs
TRON founder Justin Sun bought Picasso paintings and Andy Warhol for $22 million. He now plans to tokenize them through the JUST NFT Fund.
Enjin raises $18.9 million to build a new NFT platform
The blockchain company Enjin has raised $18.9 million to develop a Polkadot-based platform for non-fungible tokens (NFTs).
Funko to launch NFTs after taking majority stake in TokenWave
Nasdaq-listed maker of collectible vinyl figurines Funko has acquired a majority stake in TokenWave, a platform developer for showcasing and tracking non-fungible tokens (NFTs).
NFT Investments Announces Plans to List Shares on the Aquis Stock Exchange
NFT Investments announced plans to list its shares on the UK's alternative trading system Aquis, Bloomberg reports.
A 1-million-BTC transaction, Dogecoin to the Moon, and Teletubbies’ crypto: April Fool’s digest
On 1 April, cryptocurrency companies seize the opportunity to amuse the public with a variety of jokes. It seems this is the only day of the year when the 'shocking news' brings a genuine smile and does not lead to a fall in Bitcoin's price. ForkLog has compiled the most notable April Fool’s publications.
NFT marketplace OpenSea integrates Ethereum layer-2 solution
The NFT marketplace OpenSea will use the Immutable X protocol to eliminate fees entirely during NFT trading.
Zora NFT marketplace raises $8m from unnamed investors
The NFT marketplace Zora Labs closed a funding round with participation from five investors, according to documents filed with the U.S. Securities and Exchange Commission.
NFT marketplace SuperRare raises $9m from Mark Cuban and Samsung
The non-fungible token (NFT) platform SuperRare announced the completion of its Series A financing round, raising $9m.
Developers of the NBA Top Shot NFT platform raise $305 million from Michael Jordan and other investors
The Dapper Labs project, behind the development of a blockchain ecosystem for fast dapps, closed a financing round worth $305 million with participation from NBA stars and venture investors.We use cookies to improve the quality of our service.
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