NFT Financial News

16.02 / 11:17

Digital NFT Opensea CryptoPunks DappRadar Cryptoverse: Punk apes and a resurrection of NFTs

NFT market is twitching out of its torpor, defying reports of its demise. Total NFT sales on the ethereum blockchain — which hosts most trading — jumped to $780.2 million in January from $546.9 million the month before, according to market tracker CryptoSlam. Digital art collectibles were among the big hits. «Bored Ape Yacht Club #5840» — a cartoon monkey shooting green lasers from its eyes — went for $822,730, for example, while "CryptoPunks #7674" — a pixelated character smoking a pipe — fetched $433,555. The average NFT sale price was a more modest $372.38, according to CryptoSlam.

15.02 / 23:47

NFT On-chain Digital Art Advocates Hope This Latest Major Donation Can Take The Space Forward

Pseudonymous digital art collector and writer behind popular digital art newsletter the Medici Minutes who goes by the Twitter handle @CozomoMedici recently announced a major on-chain donation to the Los Angeles County Museum of Art. According to a tweet by @CozomoMedici, whose full name on Twitter is Cozomo de’ Medici, he made the first donation of on-chain art from a collector to a museum, which marks the largest such collection of digital art to enter a museum.

15.02 / 23:39

NFT Yuga Labs Bitcoin France’s top museum to display NFTs: Nifty Newsletter, Feb 8–14

In this week’s newsletter, read about how France’s top contemporary art museum will display nonfungible tokens (NFTs). Find out why a founder of the Bored Ape Yacht Club (BAYC) copycat project, RR/BAYC, is opposing trademark applications from Yuga Labs. Check out how NFTs based on Ethereum lost 60% of their market capitalization, and learn how Bitcoin (BTC) non-zero addresses surged because of Bitcoin NFTs. And don’t forget this week’s Nifty News, featuring American socialite Paris Hilton launching a dating metaverse called Parisland.

14.02 / 21:17

markets NFT Altcoin Altcoin Watch NFT marketplace tokens soar in 2023, and Blur’s recent airdrop may extend the trend

Cumulative NFT trading volume trended higher in January and data from a recent Delphi Digital report showed monthly volumes reaching an eight-month high above $1 billion.

14.02 / 20:31

NFT regulation SEC Market Update Bitcoin Crypto Staking Why the SEC wants to ban crypto staking and stablecoins under scrutiny — Watch The Market Report live

This week on The Market Report, the resident experts at Cointelegraph discuss why the United States Securities and Exchange Commission is going after crypto staking and why stablecoins have been in the news recently.

14.02 / 18:15

Blockchain NFT How to Crypto What is NFT ticketing and how does it work?

NFT ticketing is revolutionizing event ticketing by providing a secure, transparent and efficient way of issuing and managing tickets. Nonfungible tokens (NFTs) are significantly harder to forge or duplicate than conventional tickets since they are stored on a blockchain. This lowers the risk of fraud and fake tickets by allowing event organizers to determine that only authentic tickets are used to enter an event.

14.02 / 17:07

business Blockchain Technology Adoption NFT privacy security The ethics of the metaverse: Privacy, ownership and control

The metaverse, a virtual environment that simulates reality, offers complex moral dilemmas regarding privacy, ownership and control. These consist of:

14.02 / 13:35

Blockchain NFT Bitcoin Bitcoin Price Time Out of the Ordinal-ry: Bitcoin average block size hits all-time high

Bitcoin’s average block size has hit all-time highs above 2.5MB for the first time since its inception in 2009, driven by the launch of nonfungible tokens (NFTs) protocol Ordinals in January 2023.

14.02 / 05:25

Adoption NFT Mining wallet fees transactions Bitcoin Bitcoin hits record 44M non-zero addresses, thanks to Ordinals: Glassnode

The launch of Bitcoin nonfungible tokens (NFTs) — known as Ordinals — has tipped the number of non-zero Bitcoin addresses to a new all-time high of 44 million, according to crypto analytics platform Glassnode.

13.02 / 23:21

markets NFT Altcoin Metaverse Staking ApeCoin leads in NFT and Metaverse market share, but are APE’s hefty staking rewards sustainable?

In January, ApeCoin (APE) had an underwhelming performance compared to metaverse-based tokens like Decentraland (MANA) and The Sandbox (SAND). APE token gained 61% compared to the 90% and 150% respective gains seen in SAND and MANA. The subdued gains can be attributed to the hefty APE staking rewards that is likely creating some selling pressure.

13.02 / 18:10

Ethereum NFT NFTs coming to Bitcoin sparks handwringing about crypto purists

Bitcoin blockchain, sparking a debate among those who say the digital representations add a much-needed fresh use case and the purists concerned about deviating too far from the origins of the peer-to-peer cryptocurrency network. Nonfungible tokens such as the now infamous Bored Apes and CryptoPunks are one of the driving forces that made Ethereum the most commercially important blockchain, where users can mint and trade digital assets that have been worth millions of dollars.

13.02 / 03:05

business Blockchain NFT Web3 Gaming eSports GameFi Blockchain tech still far from hitting the esport big leagues, says investor

Small esports tournament organizers have started dabbling in blockchain tech to host tournaments and distribute prize pools. However, don’t expect to see it in the big leagues just yet, says an investor.

12.02 / 17:11

Adoption NFT NFTS Yuga Labs NFT Revolution Reaches France: CryptoPunks and Autoglyphs to be Displayed at Top Modern Art Museum

The Centre Pompidou, a major modern art museum in France, aims to showcase NFTs from some prominent digital artists this summer in its upcoming permanent exhibition.

11.02 / 22:57

Art Adoption NFT Artists France's top modern art museum to display CryptoPunks, Autoglyphs NFTs

Paris's leading contemporary art museum, the Centre Pompidou announced on Feb. 10 an upcoming permanent exhibition targeting the intersection between art and the blockchain represented by nonfungible tokens (NFTs).

11.02 / 17:27

Blockchain Technology Adoption NFT defi Metaverse Building a career in the metaverse: Skills and opportunities

A career in the metaverse involves developing and designing virtual environments and experiences within a virtual world. Creating virtual characters, objects and interactive experiences is one example of this. There are job prospects in software development, content creation and project management in this expanding profession, which includes disciplines, such as game design, 3D modeling, virtual reality (VR) and artificial intelligence.

11.02 / 06:03

Law NFT Crypto Collectibles Court BAYC copycat files opposition to 10 Yuga Labs trademark applications

One of the founders of the Bored Ape Yacht Club copycat NFT collection RR/BAYC has filed an opposition notice against 10 trademark applications from Yuga Labs.

10.02 / 22:51

Adoption NFT Cointelegraph NFT Cointelegraph Historical Cointelegraph elevates the Historical collection's exclusivity to new heights

Cointelegraph has announced a major change to its Historical digital collectibles project. Starting Feb. 13, the price of Cointelegraph articles minted as nonfungible tokens (NFTs) will increase from $20 to $100 and the maximum number of copies will decrease from 10 to three. The Historical collection is an archival project that allows readers to mint unique, one-of-a-kind NFTs of Cointelegraph articles, preserving them as historical records of the blockchain industry. Readers can mint stories they think will become valuable by clicking the “Collect” button in the article.

10.02 / 20:43

Blockchain Technology NFT Tokens Decentralization Podcast Intellectual Property Co-founders of StoryCo discuss how blockchain technology can evolve the way IP is franchised

What captivates many creators in the realm of blockchain and Web3 is the possibility to create, own and earn without intermediaries, and nonfungible tokens (NFTs) have emerged as a catalyst in how it could be possible.

10.02 / 19:55

Blockchain Ethereum Adoption NFT defi Internet play Worldwide Webb founder explains the role interoperability will play in Web3 ecosystems

In the latest episode of NFT Steez, Thomas Webb, the founder of the interoperable avatar game Worldwide Webb, discusses the integration of interoperability in Web3 and the Metaverse.

10.02 / 11:13

NFT defi wallet Web3 security Private Keys Future What does the future of Web3 look like to SafePal CEO Veronica Wong?

As the world moves toward a more digital future, the concept of Web3 and its potential to revolutionize the internet has become a hot topic in the tech industry. In this interview, SafePal CEO Veronica Wong, shares her insights on the future of Web3 and the current state of the crypto market.

10.02 / 08:55

business NFT Metaverse Nifty News: Find love in Paris Hilton’s metaverse, BTC CryptoPunks soar and more

Famous New York socialite, Paris Hilton thinks the Metaverse may be the perfect place to find one’s true love.

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