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    A16z, OpenSea partner with Stand With Crypto to create NFT legal fund  

    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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    Rare Ape CryptoPunk sells for $1.5M, Magic Eden dominates NFT trading volume: Nifty Newsletter

    A group of blockchain advocates urged the United States Congress to clearly define NFTs in response to the SEC Wells notice to OpenSea. 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 the non-fungible token (NFT) marketplace Magic Eden continues […] More

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    Brilliantcrypto Launches BRIL Token on Bit2Me Ahead of NFT Brazil Spotlight

    [PRESS RELEASE – Tokyo, Japan, September 11th, 2024] BrilliantCrypto, Inc. announces that the BRIL token is now officially listed on Bit2Me, one of Europe’s leading cryptocurrency exchanges. This significant step not only enhances BRIL’s accessibility across Europe but also expands its reach into Spanish-speaking markets in Latin America. This milestone opens up new opportunities for […] More

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    Digital Chamber calls for Congress to address SEC actions against NFTs

    The CEO of OpenSea reported receiving a Wells notice from the SEC in August, suggesting that the commission could be taking a new regulatory approach to NFTs. News Own this piece of crypto history Collect this article as NFT COINTELEGRAPH IN YOUR SOCIAL FEED The crypto and blockchain advocacy organization Digital Chamber is calling on […] More

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    96% of NFTs Deemed ‘Dead’ as Market Struggles with Speculation and Volatility

    The non-fungible token (NFT) market has witnessed explosive growth, followed by significant downturns over the past few years. Despite the initial hype and heavy investment, it is now grappling with severe instability. According to a report from nftevening.com, a staggering 96% of NFTs are considered “dead” based on three factors – zero trading volume, minimal […] More

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    CryptoPunk sells for $1.5 million amid NFT market downturn

    A CryptoPunk from the Ape Punk collection was sold for roughly $1.5 million as the broader non-fungible token market continued to struggle amidst waning demand. According to CryptoPunks Bot, CryptoPunk 6915, one of the 24 rare Ape Punk, was acquired for 620 ETH (around $1.48 million)  by an anonymous collector identified by “0x8bbccd.” The NFT […] More

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    OpenSea receives SEC Wells notice, monthly NFT sales fall below $400M: Nifty Newsletter

    OpenSea CEO Devin Finzer said that the NFT marketplace received a Wells notice from the SEC, suggesting potential enforcement action from the agency. Newsletter Own this piece of crypto history Collect this article as NFT COINTELEGRAPH IN YOUR SOCIAL FEED In this week’s newsletter, find out how former United States president Donald Trump’s fourth non-fungible […] More

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    Magic Eden dominates NFT market as its share nears 37%: CoinGecko

    Magic Eden maintains its dominance in the NFT marketplace, holding a 36.7% market share in August with a trading volume of nearly $123 million. Magic Eden solidified its position as the leading marketplace for non-fungible tokens in August, capturing 36.7% of the market share with a trading volume of $122.47 million, according to data from […] More

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    Immutable X braces for a big token unlock as NFT sales drop

    Immutable X token is stuck in a deep bear market ahead of a big token unlock and as the outlook for non-fungible tokens darkens. Immutable X (IMX) retreated to $1.958 on Sep. 3, 67% lower than the year-to-date high of $3.74. It was also hovering near its lowest point since November last year. Immutable X, […] More

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    Trump’s crypto gambit in Bitcoin, NFTs and DeFi intensifies ahead of election

    Trump and his family’s crypto ventures continue to expand as they aim to attract voters through supporting digital assets.  Follow up Own this piece of crypto history Collect this article as NFT COINTELEGRAPH IN YOUR SOCIAL FEED Former United States President Donald Trump has put his personal brand on a wide range of products, from […] More

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    Magic Eden dominates NFT trading volume, surpassing Blur and OpenSea: CoinGecko

    Magic Eden led the NFT market in August with $122.47 million in trading volume, securing 36.7% market share. News Own this piece of crypto history Collect this article as NFT COINTELEGRAPH IN YOUR SOCIAL FEED Non-fungible token (NFT) marketplace Magic Eden had the largest market share in August, surpassing competitors like Blur and OpenSea in […] More

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    SEC probes OpenSea, but NFT artists are likely not the target | 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. Coinbase, Uniswap, Robinhood, Kraken, and Consensys are the names the digital asset industry has grown used to watching receive the dreaded Wells Notices from the United States Securities and Exchange Commission. These […] More

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