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  • in Ethereum News, News, NFT News

    NFT sales surge 34% to $196.2m, Ethereum network showcases 97% spike in sales

    The non-fungible token, or NFT, market has shown decent growth amid Bitcoin’s historic breakthrough exceeding $100,000. The surge in cryptocurrency prices continues as Ethereum (ETH) strengthens its position, climbing 3.5% in the last 24 hours to reclaim the $4,000 level. The global cryptocurrency market capitalization has expanded to $3.67 trillion from last week’s $3.42 trillion. […] More

  • in News, NFT News

    Pudgy Penguins NFT Project Set to Release Pengu Token on Solana

    The Pudgy Penguins NFT project is set to unveil its own cryptocurrency, Pengu, later this year, as revealed in a Thursday post on X. The Pengu token will be launched on the Solana blockchain, with a total supply of 88,888,888,888 tokens. Despite this, the Pudgy Penguins NFTs themselves are based on the Ethereum network. Pengu […] More

  • in News, NFT News

    NFT market rebounds with 22% volume surge in November despite declining sales, data shows

    After months of slowdown, the NFT market now shows signs of recovery with a 22% increase in trading volume as of November, boosted by prices and high activity in blue-chip collections. The market of non-fungible tokens seems to be showing signs of recovery, with an over 20% surge in trading volume in November, per a […] More

  • in News, NFT News

    Lifestyle app STEPN GO expands Adidas partnership with physical NFT sneakers

    Adidas and STEPN GO introduce 1,200 limited-edition Ultraboost 5 sneakers, available exclusively to NFT holders. STEPN GO, a new version of the move-to-earn game Stepn, has teamed up with the international sportswear manufacturer Adidas with the release of the co-branded physical running shoes. According to a press release shared with crypto.news, the limited-edition STEPN GO […] More

  • in News, NFT News

    NFTs are not dead, they’re evolving: Hashing It Out podcast

    NFTs may have died down, but RARI Foundation’s Jana Bertram is bullish on their evolution, according to her analysis of the industry in the latest episode of the Hashing It Out podcast. Podcast COINTELEGRAPH IN YOUR SOCIAL FEED In episode 65 of the Hashing It Out podcast, Jana Bertram, Head of Strategy at RARI Foundation, […] More

  • in News, NFT News

    NFTs hit $562M in monthly sales, Nike shuts down RTFKT: Nifty Newsletter

    NFTs have started to recover, recording a monthly sales volume of $562 million in November. Newsletter COINTELEGRAPH IN YOUR SOCIAL FEED In this week’s newsletter, read about how non-fungible tokens (NFTs) recorded $562 million in monthly sales volumes and how popular NFT project RTFKT, acquired by Nike in 2021, is winding down its operations. In […] More

  • in News, NFT News

    Nike-Owned NFT Project RTFKT to Shut Down Operations in Early 2025

    RTFKT, the creators of non-fungible token (NFT) sneakers and avatars acquired by Nike in 2021, has announced its closure. The firm revealed in a December 2 post on X that it will wind down operations by January 2025. Final Collection and Legacy Tribute “Today, we’re announcing the plan to wind down RTFKT operations,” the post […] More

  • in News, NFT News

    Fan tokens offer stability — NFTs have not

    Fan tokens change the game for sports engagement and outperform NFTs. Opinion COINTELEGRAPH IN YOUR SOCIAL FEED Opinion by: Alexandre Dreyfus, CEO of Chiliz Blockchain has reshaped every sector that has worked to implement the technology, from financial services to entertainment. This revolution is evident in how sports fans can now engage with their favorite […] More

  • in News, NFT News

    Yuga Labs acquires tokenproof to drive NFT innovation

    Yuga Labs has acquired web3 tokenization provider tokenproof. Through the integration, the blockchain hopes to drive crypto and NFT adoption. In a recent X post on Dec. 3, tokenproof founder and CEO, Fonz O, announced the web3 tokenization service’s integration into Yuga Labs. He stated that part of the tokenproof team will join Yuga Labs’ […] More

  • in News, NFT News

    Yuga Labs acquires Tokenproof tech team for NFT R&D

    Yuga Labs strengthens its NFT infrastructure with Tokenproof’s tech team, aiming to enhance accessibility and utility in the Web3 space. News COINTELEGRAPH IN YOUR SOCIAL FEED Yuga Labs, the blockchain company behind the popular ape-themed non-fungible tokens (NFT) collection, Bored Ape Yacht Club (BAYC) and ApeCoin, has acquired the tech team of Tokenproof, a Web3 […] More

  • in News, NFT News

    Nike-owned NFT wearables RTFKT to sunset in January

    The Nike-owned company received investment funding from Andreessen Horowitz during the peak of NFT summer in 2021. News COINTELEGRAPH IN YOUR SOCIAL FEED RTFKT, the creators of non-fungible token (NFT) virtual sneakers acquired by Nike in 2021, has announced it will sunset operations in January 2025. “To honor and preserve this pioneering legacy, we will […] More

  • in News, NFT News

    NFT sales, floor prices surge, CryptoPunks lead the charge

    Non-fungible tokens have been seeing a sharp increase in their daily sales over the past month as the broader crypto market entered its bullish phase. NFT sales increased by 28% in the past 24 hours to $40.4 million, according to data provided by CryptoSlam. This is the highest level of trading volume for the sector […] More

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