Fri, April 19

Yuga Labs Sells 2 NFT Gaming IPs to Faraway Amid Refocusing Efforts

As part of its previously stated decision to refocus, Yuga Labs, the organization behind NFT collection Bored Ape Yacht Club (BAYC), has sold the IP for two of its games, HV-MTL and Legends of the Mara. In a post made to X on April 17, Yuga Labs stated that the

15 hours ago 1 min read

BAYC NFTs Floor Price Hits Lowest Point Since August 2021

At 11.1 Ether (ETH), the floor price of Bored Ape Yacht Club (BAYC) NFTs has dropped to its lowest position since August 2021, a precipitous decline of more than 90% from its high. NFT Price Floor reports that BAYC has fallen 50% since March 1 and is presently reaching a

April 16, 2024 1 min read

Donald Trump’s First Edition NFT Collection Sees 99% Trading Volume Drop

Even though Donald Trump seems to have warmed up to cryptocurrencies and bitcoin after releasing his initial set of digital trading card NFTs in late 2022, demand for the NFTs has undoubtedly waned. Trading volumes for NFTs have been rather steady in recent months, according to The Block Data Dashboard,

April 13, 2024 1 min read

Binance Phases Out Bitcoin Ordinals Support on NFT Marketplace

Binance has phased out of supporting Bitcoin (BTC) non-fungible tokens (NFTs) shortly after adding them to its marketplace. Binance revealed its plans “to streamline product offerings” on the Binance NFT marketplace in a blog post that was published on April 4th. In keeping with these initiatives, the exchange’s marketplace will

April 5, 2024 1 min read

Starbucks’ Odyssey NFT Program Set to Close Amid NFT Market Downturn

Odyssey, Starbucks’ two-year NFT Program, will come to a close at the end of the month. The news was first shared by Steve Kaczynski, who is the community lead for Starbucks Odyssey. The decision is made at a time when the NFT market is going through a tough patch, with

March 17, 2024 2 mins read

Bored Ape Yacht Club NFT Crashed 189%, Sinks to August 2021 Low

Amidst a continuous downturn in the NFT market, the Bored Ape Yacht Club (BAYC) has witnessed its floor price plummet to 17.55 ETH or $66129.98, marking a significant dip since August 2021, when it last dipped below 20 ETH. This decline represents a significant 189% decrease from its peak of

March 6, 2024 2 mins read

Magic Eden Surpasses $50 Million in NFT Sales Amidst NFT Renaissance

According to a statement by Magic Eden’s CEO and co-founder, Jack Lu, the platform’s sales reached $50 million, which caused a stir in the world of digital assets. Magic Eden is a well-known decentralized NFT marketplace. As the community’s euphoria around the possible rebirth of the NFT arena is reflected

March 6, 2024 2 mins read

NFT Community Excited As Blur and Blast Take Impressive Moves

Ethereum Layer 2 network, Blast, celebrated the launch of its mainnet on Thursday, marking a milestone in its journey. The platform, boasting assets including approximately 469,000 ETH, 77.3 million USDC, 67.1 million USDT, 148,000 stETH, and 24.7 million DAI, is now allowing users to withdraw their funds, according to data

March 1, 2024 1 min read

Is Yuga Labs’ Stand Against Non-Royalty NFT Platforms a Game-Changer?

Yuga Labs, a leading NFT studio renowned for its iconic Bored Ape Yacht Club and Mutant Ape Yacht Club collections, has made a groundbreaking decision. The company announced it will stop working with NFT marketplaces that “don’t support royalties for all creators.” This move signifies a pivotal moment in the

February 27, 2024 2 mins read

Shiba Inu Ecosystem Unveils Phases for SHEboshis NFT Minting

Shiba Inu ecosystem team has recently announced the minting phases for SHEboshis, a collection of 20,000 uniquely generated NFTs designed for the SHIB community. This digital collection has garnered significant attention within the crypto community, with enthusiasts eager to participate in the minting process. The minting process is divided into

February 23, 2024 2 mins read