Hyperspace, a multi-chain non-fungible token marketplace and launchpad, is shutting down its platform on Solana. The project announced this on Sept. 3, noting that the decision to shut down its NFT marketplace on Solana (SOL) was a difficult one. Hyperspace plans to fully sunset the Solana offering by September 17, 2024, and has advised users […] More
NFTs saw a sharp decline in August 2024, with monthly sales dropping to $374 million—the lowest this year. News Own this piece of crypto history Collect this article as NFT COINTELEGRAPH IN YOUR SOCIAL FEED Non-fungible tokens (NFTs) sales recorded a $374 million monthly volume in August, continuing a downward trend and recording its lowest […] More
The non-fungible token industry remained under pressure in August as sales continued falling. Total NFT sales dropped by 41% in August to $376 million as the number of buyers and sellers fell by double digits. Data by CryptoSlam shows that buyers dropped by 29% to 127,913 while sellers fell by 17% to 93,600. Additionally, the […] More
Donald Trump’s latest NFT collection sparked criticism, with some describing the former president’s crypto push as a “grift.” News Own this piece of crypto history Collect this article as NFT COINTELEGRAPH IN YOUR SOCIAL FEED United States presidential candidate Donald Trump’s latest non-fungible token collection generated over $2.2 million in sales only a few days […] More
Donald Trump’s latest NFT collection sparked criticism, with some describing the former president’s crypto push as a “grift.” News Own this piece of crypto history Collect this article as NFT COINTELEGRAPH IN YOUR SOCIAL FEED United States presidential candidate Donald Trump’s latest non-fungible token collection generated over $2.2 million in sales only a few days […] More
Atlas Development chief legal officer Oscar Franklin Tan stated that the Wells notice “does everything except provide us with clear rules to follow.” Interview Own this piece of crypto history Collect this article as NFT COINTELEGRAPH IN YOUR SOCIAL FEED A lawyer believes that, in some cases, non-fungible tokens can be considered securities. However, the […] More
Donald Trump has announced a new batch of NFT trading cards, continuing his bid to win crypto votes in the upcoming November elections. The Republican U.S. presidential nominee took to his Truth Social account to unveil the non-fungible token while posting a promotional video of himself saying people call him the “crypto president.” NFT Trading […] More
Bitcoin Runes has recorded 15.6 million transactions and generated $162.4 million in fees in four months. Newsletter Own this piece of crypto history Collect this article as NFT COINTELEGRAPH IN YOUR SOCIAL FEED In this week’s newsletter, the non-fungible token platform Magic Eden is launching its own token to expand its business, the Runes protocol […] More
The US Securities and Exchange Commission has made it its mission to target various cryptocurrency platforms, albeit with questionable success so far. Next on the list is the NFT platform OpenSea, whose CEO went on to X to express the team’s disappointment in the regulator’s move. Devin Finzer, OpenSea’s chief exec, tweeted that the company […] More
Key Takeaways SEC issues Wells notice to OpenSea, claiming NFTs are securities. OpenSea pledges $5 million to support NFT creators facing SEC scrutiny. Share this article Non-fungible token (NFT) marketplace OpenSea has received a Wells notice from the US Securities and Exchange Commission (SEC) threatening legal action over the classification of NFTs as securities. OpenSea’s […] More
Republican presidential candidate Donald Trump announced his fourth NFT collection with bonus trading cards via Bitcoin Ordinals. Titled “Series 4: The America First Collection,” former President Trump revealed that his digital trading card collection, released as non-fungible tokens, will offer additional benefits to big spenders. The NFTs are priced at $99 each, but buyers who […] More
Celia Inside has launched a new music NFT collection on Celosphere, marking a significant moment for the platform. The launch and collection include 1,000 NFTs, priced at 3 CELO (CELO) each, 500 of which feature the original track and 500 of which showcase a remix. These NFTs are among the first music NFTs available on […] More
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