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Pudgy Penguins’ NFT sales nosedive as token rallies: Nifty Newsletter
Pudgy Penguins’ PENGU token jumps 13% despite NFT sales dropping over 50%, fueled by a viral marketing campaign. News COINTELEGRAPH IN YOUR SOCIAL FEED In this week’s newsletter, read how non-fungible tokens (NFTs) remained a hot topic as Pudgy Penguins’ PENGU token saw a drop of over 50% in NFT sales, check out why PUBG […] More
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Episode 6: Anika Meier on the wild world of NFTs, CryptoPunks and AI
Welcome to the crypto.news podcast where we delve into the dynamic world of NFTs and digital art with our guest, Anika Meier. Anika, a curator and writer for Kunstforum’s STATUS UPDATE, joins us to discuss the current state of the NFT market, her latest project at the AI Biennale in Essen titled “REIMAGINE TOMORROW,” and […] More
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Art gallery argues NFT holders can’t sue it due to ‘market decline’
Eden Gallery argued that a class group of NFT buyers “may have buyers’ remorse, but their losses, if any, are due to market forces.” News COINTELEGRAPH IN YOUR SOCIAL FEED An art gallery has said a class-action suit from a group of non-fungible token (NFT) holders should be dismissed, arguing it isn’t responsible for alleged […] More
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Reddit avatar NFT holders concerned for project as lead exits
The lead of Reddit’s avatar NFT offering has left, sparking concerns from the platform’s users over whether the social giant will swing the axe at the program. News COINTELEGRAPH IN YOUR SOCIAL FEED Holders of Reddit Collectible Avatars non-fungible tokens (NFTs) are airing concerns about the future of the offering after the head of the […] More
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South Korea’s Jeju Island to Launch NFT-Powered Tourism Cards by 2025
Jeju Island, South Korea’s most famous tourist destination, is embracing blockchain technology to transform its tourism sector. Starting in the second half of 2025, the self-governing province plans to roll out NFT-based digital visitor cards, offering discounts, travel subsidies, and special membership perks at popular attractions. NFT Visitor Cards Reports from local outlets indicate that […] More
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NFT sales hit second-highest level of 2024 in December, data shows
Ending the year on a high note, December’s sales of non-fungible tokens climbed to $877 million, making it the second-best month in 2024. Blockchain-based digital collectibles had a strong December, with $877 million in sales, making it the second-best month of 2024. This boost wrapped up a wild year for the NFT market, which saw […] More
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South Korea’s Jeju Islands to introduce NFT tourism cards with perks
South Korea’s crypto-friendly Jeju Islands plans to use non-fungible tokens to attract Gen Z tourists. According to local media, Maeil Kyungjae, the popular South Korean tourist destination, will introduce NFT-based digital tourism resident cards in the second half of 2025. The cards, powered by an unspecified blockchain, will reportedly offer tourists exclusive benefits such as […] More
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Korea’s Jeju to issue NFT tourist cards to boost Gen Z visitors: Report
South Korea’s Jeju Island, a self-governing tourist hotspot, will reportedly trial NFT tourist cards in a bid to attract the country’s younger generation. News COINTELEGRAPH IN YOUR SOCIAL FEED South Korea’s Jeju Island is reportedly planning to issue non-fungible token (NFT) tourist cards in a bid to boost visitation by the country’s younger generations. Local […] More
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PUBG creator ‘not even thinking about’ NFTs for upcoming metaverse: Report
Brendan Greene, the creator of PUBG, says his upcoming metaverse could integrate blockchain technology — though he doesn’t seem to have any plans for NFTs. News COINTELEGRAPH IN YOUR SOCIAL FEED Brendan Greene, the creator of the online battle royale shooter PlayerUnkown’s Battlegrounds (PUBG) — who left the game’s development team in 2019 — has […] More
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Pengu price rockets as Pudgy Penguins NFTs sales hit $545m
The Pudgy Penguins token rose sharply on Sunday as its non-fungible tokens sales rose by almost 70%. Pudgy Penguins (PENGU) price jumped by almost 17%, making it one of the best-performing cryptocurrencies. According to CryptoSlam, Pudgy Penguin’s sales rose by 68% on Jan. 5, making them the second-best performing NFTs after Guild of Guardians Heroes. […] More
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Pudgy Penguins’ PENGU token rallies 13% despite declining NFT sales
Pudgy Penguins’ NFT sales have plummeted 52% in the past week, News COINTELEGRAPH IN YOUR SOCIAL FEED Pudgy Penguins’ native token, PENGU, climbed 13% on Jan. 5, emerging as one of the top performers in the crypto market. At the time of publication, PENGU was trading at $0.040, marking a 250% surge since its launch […] More
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NFT sales drop to $132m, Pudgy Penguins loses steam
The NFT market cooling continues as the overall crypto market cap has grown to $3.6 trillion from last week’s $3.42 trillion, per CoinMarketCap data. CryptoSlam data shows that NFT sales have fallen 17.54% to $132.7 million this week. This is considerably lower than last week’s $152 million in sales. However, the market has seen greater […] More
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