Solana flipped Ethereum in its 24-hour volume in the decentralized exchange industry as most of its meme coins jumped. According to DeFi Llama, Solana (SOL) DEX networks handled over $845 million in the last 24 hours, bringing the weekly volume to $5.17 billion. Ethereum (ETH) handled $747 million in the same period. Its weekly volume […] More
NFT Evening analysts say 96% of 5,000 NFT collections are dead in 2024. Table of Contents The report reveals the state of the non-fungible token market and its problems in 2024. According to experts, 96% of more than 5,000 existing NFT collections are “dead.” This means that they have zero trading volume, no sales for […] More
When it comes to prolific NFT collectors, VonMises is in the upper echelon. His catchphrase “unquestionable provenance and provable scarcity” is the backbone of his conviction that NFTs are true game changers and haven’t even scratched the surface yet. Coming from a traditional finance background with strong experience in an array of collectibles, VonMises’ name […] More
Pudgy Penguins CEO Luca Schnetzler believes the SEC’s actions against NFTs are nonsense, describing them as a “nothing burger.” Newsletter Own this piece of crypto history Collect this article as NFT COINTELEGRAPH IN YOUR SOCIAL FEED In this week’s newsletter, read about how a trader acquired a high-end piece from the CryptoPunks non-fungible token (NFT) […] More
The Framework Ventures-backed platform has surpassed $150 million in TVL, despite a wider downtrend in the NFT market. News Own this piece of crypto history Collect this article as NFT COINTELEGRAPH IN YOUR SOCIAL FEED Infinex’s latest non-fungible token (NFT) collection has amassed over $40 million worth of sales within the first four days despite […] More
[PRESS RELEASE – Singapore, Singapore, September 18th, 2024] Parachains and developers can register now to test NFT XCM functionality and get an exclusive first look at this innovation in action. Unique Network has announced it will be launching the first developer environment for NFT XCM transfers (Cross-Chain NFTs), starting with two major networks for developers […] More
While the SEC focuses on investor protection, Pudgy Penguins CEO Luca Schnetzler believes that investors should also hold some form of accountability for their purchases. Interview Own this piece of crypto history Collect this article as NFT COINTELEGRAPH IN YOUR SOCIAL FEED Pudgy Penguins CEO Luca Schnetzler, widely known in the NFT space as Luca […] More
American restaurant Flyfish Club has signed a settlement agreement with the U.S. SEC regarding an “unregistered offering of crypto asset securities.” Flyfish Club will pay a fine of $750,000. According to the SEC ruling, between August 2021 and May 2022, Flyfish Club sold around 1,600 NFTs to investors. These tokens were supposed to become an […] More
Crypto advocates urged Americans to help the industry flourish without “misapplied” securities regulations. News Own this piece of crypto history Collect this article as NFT COINTELEGRAPH IN YOUR SOCIAL FEED Blockchain advocacy group Digital Chamber urged United States-based crypto users to support a bill that designates non-fungible tokens according to their use cases. On Sept. […] More
SEC commissioners Hester Peirce and Mark Uyeda didn’t believe any US securities laws were triggered and urged the commission to give NFT firms more room to experiment. News Own this piece of crypto history Collect this article as NFT COINTELEGRAPH IN YOUR SOCIAL FEED Two commissioners from the United States Securities and Exchange Commission have […] More
Coinbase has emerged as a vocal advocate for the crypto industry in the face of ongoing regulatory crackdowns in the United States. News Own this piece of crypto history Collect this article as NFT COINTELEGRAPH IN YOUR SOCIAL FEED Stand With Crypto, a political advocacy group led by Coinbase, launched a legal defense fund for […] More
Andreessen Horowitz’s a16z Crypto fund has partnered with Stand With Crypto and OpenSea to create the Creator Legal Defense Fund. According to releases from OpenSea and a16z, this initiative is designed to provide legal support and consultation to artists and creators using blockchain technology, particularly those working with NFTs. A6z has pledged $1 million to […] More
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