The Solana-based SEND Arcade has released the second season of its on-chain Squid Game inspired Squad Game. Players can mint entry passes on Magic Eden starting from Dec. 30. According to the official X post, SEND (SEND) Arcade has provided a total of 456 Squad Game Season 2 entry passes that users can mint on […] More
The broader non-fungible token (NFT) market has defied expectations after it surpassed last year’s revenue milestone. Data collected by CryptoSlam shows that with less than a week left before 2024 ends, NFT sales for the year have amounted to $8,717,920,832, edging out 2023’s tally by about $230,000. The Numbers Last year, the sector recorded more […] More
The non-fungible token market has seen a major downturn as Bitcoin declined 4% over the past week to $94,000 and Ethereum retreated to $3,300. According to the latest data from CryptoSlam, the NFT market has seen a substantial correction: total sales volume plummeted 49.77% this past week to $152.7 million. Despite the sharp decline in […] More
Ethereum NFT collections surged, driving weekly sales volumes above $300 million. Newsletter COINTELEGRAPH IN YOUR SOCIAL FEED In this week’s newsletter, read about how Ethereum-based non-fungible tokens (NFTs) drove weekly sales volumes to more than $300 million as collections like Pudgy Penguins and Azuki surged. Meanwhile, two 23-year-olds were accused of performing a series of […] More
Two 23-year-olds, Gabriel Hay and Gavin Mayo, allegedly abandoned projects after providing misleading information on project roadmaps. News COINTELEGRAPH IN YOUR SOCIAL FEED Two 23-year-olds from California who allegedly defrauded investors of over $22 million in crypto assets through a non-fungible token (NFT) rug pull were arrested in Los Angeles and now face fraud charges. […] More
NFT projects encountered numerous setbacks in 2024, but many remain hopeful that the asset class will stage a comeback. New Year Special COINTELEGRAPH IN YOUR SOCIAL FEED Non-fungible tokens (NFTs) remained an integral component in the Web3 space throughout 2024 despite some big setbacks for the asset class. Industry commentators and professionals maintain that the […] More
Understanding compressed NFTs Compressed NFTs are a type of non-fungible token (NFT) designed to reduce the cost of storing and transacting with NFTs on the Solana blockchain. With the increasing adoption of NFTs, developers face difficulties maximizing storage and lowering minting costs for these digital assets. The Solana blockchain introduced compressed NFTs (cNFTs) to overcome […] More
CyberKongz, a gaming-based NFT project, announced on December 16 that it has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC). The notice raises concerns about the platform’s integration of its ERC-20 token with blockchain games and questions aspects of its activities, including its 2021 contract migration. The SEC’s Argument In a […] More
The NFT market has shown strength amid crypto market volatility, according to the latest data from CryptoSlam. The total sales volume has reached $302.2 million — a notable 32.93% increase. This is an evident spike from last week’s $224 million sales. This surge has been accompanied by growth in market participation. The market metrics show […] More
Pudgy Penguins, LilPudgys, Azuki and Doodles topped last week’s charts as the best-performing collections. News COINTELEGRAPH IN YOUR SOCIAL FEED Ethereum-based non-fungible token (NFT) collections surged last week, driving the overall digital collectible weekly sales volumes to $304 million. On Dec. 21, data tracker CryptoSlam reported that Ethereum NFTs experienced a 76% week-on-week increase, reaching […] More
Key Takeaways Doodles NFT collection’s floor price increased significantly following hints of a token launch. The potential token launch follows past collaborations with McDonald’s, Adidas, and Crocs, expanding Doodles beyond the crypto space. Share this article Doodles founder Burnt Toast has hinted at a potential token launch for the NFT collection in a post on […] More
The rise of NFT influencer and content creator Wale, aka Wale Swoosh or Wale Moca as many know him, began with an insatiable curiosity about NFTs in 2021. The young German has grown his X audience from a humble beginning to 112,000+ followers with his deep dive threads into NFTs, particularly on the PFP and […] More
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