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NFTMozaic Secures Web3 Foundation Grant to Unite and Elevate Polkadot’s NFT Ecosystem
[PRESS RELEASE – Singapore, Singapore, December 18th, 2024] NFTMozaic, the newest project to hit the Polkadot ecosystem, has been awarded a Decentralized Futures Grant by the Web3 Foundation to establish Polkadot as the leading ecosystem for NFT-related projects and initiatives. What is NFTMozaic? NFTMozaic aims to redefine the NFT landscape by aligning and defining one […] More
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Pudgy Penguins’ PENGU Token, NFTs Suffer Major Price Dip Post-Airdrop
PENGU, the newly-launched cryptocurrency of the Pudgy Penguins ecosystem, suffered a sharp decline in value a day after it went live. At the time of writing, data from CoinGecko showed that the token had fallen by 57.8% within 24 hours to settle at $0.02892. Airdrop Aftermath The highly-anticipated airdrop launched on December 17 saw about […] More
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PENGU token plunges 50% after airdrop as Pudgy Penguins NFT floor price tumbles
Key Takeaways PENGU token plummeted over 50% in value following its airdrop. The decline in PENGU token also led to a sharp drop in Pudgy Penguins NFT floor price. Share this article PENGU token plunged more than 50% after its airdrop to Pudgy Penguins NFT holders went live. The token’s value initially surged to $0.068 […] More
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CyberKongz gets hit with Wells Notice from SEC, fights back over NFT industry’s future
CyberKongz, a gaming-based NFT project, has been issued a Wells Notice by the U.S. Securities and Exchange Commission, raising concerns over its ERC-20 token and blockchain game integration, indicating a potential legal battle might be in the cards. The team said they were “extremely disappointed at the approach the SEC has taken” on X post […] More
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NFT sales spike to $224m, Pudgy Penguins sales surge 50%
The NFT market sales have surged amid mixed cryptocurrency price action, with Bitcoin reclaiming the $100,000 level while Ethereum retreated from last week’s $4,000 mark. The global cryptocurrency market capitalization has slightly contracted to $3.63 trillion from last week’s $3.67 trillion as per CoinMarketCap data. According to the latest data from CryptoSlam, the NFT market […] More
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in Bitcoin News, News, NFT News
Ledger faces scrutiny after user claims $2.5M in Bitcoin, NFTs stolen
Key Takeaways A user reported losing $2.5 million in Bitcoin and NFTs due to a security breach on a Ledger Nano S. The incident has raised questions about Ledger’s security practices, prompting community scrutiny. Share this article Ledger’s security practices are under scrutiny after a crypto user reported losing approximately $2.5 million in digital assets […] More
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NFTs will be ‘even bigger’ than they were in 2021 — Animoca’s Yat Siu
Animoca Brands’ Yat Siu told Cointelegraph that NFTs can be considered an investment in one’s reputation, similar to a Picasso artwork. Interview COINTELEGRAPH IN YOUR SOCIAL FEED Animoca Brands chairman Yat Siu believes that non-fungible tokens (NFTs) will make a comeback and perform better than they did during their peak in 2021. Siu told Cointelegraph […] More
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in Bitcoin News, News, NFT News
Pudgy Penguin NFT price exceeds Bitcoin’s price on OpenSea
Pudgy Penguins, an Ethereum-based NFT collection, has surpassed Bitcoin’s price on OpenSea. The collection’s most expensive Penguin is now for sale at 50.3093 ETH or $197,508.78 on on the NFT marketplace OpenSea. This makes it one of the priciest Picture-for-Profile NFT projects. At present, the cheapest Pudgy Penguin is priced at 27.65 ETH or $108,460, […] More
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in Bitcoin News, News, NFT News
Pudgy Penguins NFTs surpass Bitcoin as floor price breaks $100K
Key Takeaways Pudgy Penguins NFT floor price reached an all-time high of 27 ETH, surpassing Bitcoin. The collection plans a Pengu token launch on Solana in 2024, marking a cross-chain expansion. Share this article The Pudgy Penguins NFT collection has achieved a significant milestone, with its floor price surpassing the $100K mark. The collection reached […] More
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NFTs sales surge in December, Magic Eden’s troubled token launch: Nifty Newsletter
The Ethereum blockchain recorded $92 million in weekly NFT sales, driven by interest in collections like CryptoPunks and Pudgy Penguins. Newsletter COINTELEGRAPH IN YOUR SOCIAL FEED In this week’s newsletter, read about how sales volumes of non-fungible tokens (NFTs) kicked off December with a strong performance, find out about an investigation by the Brooklyn District […] More
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NFTs’ role in the preservation and reinterpretation of art | Opinion
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In recent years, non-fungible tokens have sparked a lively debate in both the art world and broader cultural discussions. From their role in high-value digital art sales to their perceived association with […] More
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Pudgy Penguins NFT price surpass Bored Ape Yacth
Pudgy Penguins surpassed the phenomenal Bored Ape Yacht on Ethereum price for the first time. This surged amid the NFT’s native token, which would be released in the short term. Pudgy Penguins price on Ethereum (ETH) surged to 21.49 ETH or equal to $83.930, surpassing the Bored Ape Yacth price of 19.85 ETH or equal […] More
