NFT Financial News

A major Bored Ape Yacht Club (BAYC) NFT hodler lost 100 Ether (ETH), worth $150,000 as a result of a joke bid on his own registered Ethereum Name Service (ENS) domain.

On Wednesday, Minecraft's developer Mojang Studios said that it would be excluding the integration of nonfungible tokens, or NFTs, alongside blockchain technology as a whole, in its popular namesake game. In explaining the decision, Mojang wrote:

In this week’s newsletter, read about the most expensive CryptoPunk sale in 30 days. Check out the report that predicts the growth of the NFT market in 2030 and actor Bill Murray’s biographical NFT project.

Non-fungible token (NFT) influencer Zeneca and NFT registration platform PREMINT are the latest targets of hacking attempts against the NFT community.

ConsenSys is set to tokenize smart contract and security auditing services through the upcoming auction of eight “timeboxed” TURN tokens.

MetaMundo looks to bring three-dimensional art and assets to some major metaverse environments with the launch of its marketplace and nonfungible token (NFT) architecture.

Anime and manga are staples of Japanese culture — and in recent years, they've taken the world by storm.

Popular non-fungible token (NFT) collection CryptoPunks has seen a significant increase in sales volume over the past month despite the downturn in the broader NFT market.

One of the leading crypto hubs in the Middle East, the emirate of Dubai, launches the Dubai Metaverse Strategy that aims to turn it into one of the world’s top 10 metaverse economies. The strategy promotes Dubai’s ambitions to support more than 40,000 virtual jobs by 2030. 

The fashion world has gone for NFTs in a big way. Yes, skeptics may continue to claim that NFTs are “useless,” yet fashion houses seem not to have received the memo, since a growing number of them have begun offering those tokens of ownership as part of their collections and product lines.

Around 4,500 people havejumped into the “first trip” tech demo of the Otherside Metaverse project associated with Yuga Labs’ Bored Ape Yacht Club (BAYC).

With various cryptocurrencies across the world plunging to an all-time low without showing any sign of slowing down anytime soon, many crypto lenders in the industry are forcing themselves to take drastic steps like blocking transactions to control the volatility among crypto assets, and exchanges are planning on laying off staff to keep themselves in a steady situation. Earlier this year, the US Federal Reserve decided to hike interest rates, following which investors started selling riskier assets, sending the prices of cryptocurrencies, tokens, and other digital assets on a bumpy roller coaster ride. In addition, the crypto business is currently experiencing a «perfect storm» of factors, a combination of rising oil prices, the war conflict in Ukraine, and the ever-looming possibility of monkeypox and the return of Covid-19.

The Otherside, a gamified metaverse project associated with the Bored Ape Yacht Club, is scheduled to deploy a technical demonstration of the first stage of the Otherside roadmap on July 17th at 4pm UTC.

Cred Protocol, a decentralized credit scoring startup has unveiled the results of its first automated credit scoring system for users of decentralized finance (DeFi).

American actor, writer and comedian Billy Murray is a globally known figure within the entertainment industry following an acclaimed and on-going career that spans six decades.

A market report published by Verified Market Research (VMR) provides a lofty prediction for the future of the non-fungible token (NFT) market, projecting its value to swell to $231 billion by 2030.

With their sudden rise to fame, many quickly associate nonfungible tokens (NFTs) with luxury purchases for the wealthy. Consider just how many stories have flooded the news of investors and celebrities buying NFTs for a million dollars or more. However, these assets are more than a tool for the rich to get richer. Rather, at their core, these assets exist as a stepping stone to bridge the world into a digital realm, leveling the playing field for artists and providing a foundation for asset ownership for creators.

Despite a major decline in trading volume across the broader non-fungible token (NFT) market, a single CryptoPunk has sold for a whopping 2,500 ETH which equates to a price tag of just over $2.6 million.

As the deadline for Damien Hirst’s The Currency NFT burn is approaching, more and more owners proceed to burn their NFT in exchange for corresponding original work on paper. However, NFTs still seem to be winning this art experiment.

Non-fungible tokens (NFTs) have found a way into the British legal system – just weeks after a similar development in the United States.

Blockchain analytics service Nansen has published its NFT Indexes Report for the second quarter of 2022, showing the market dynamics and quantitative performance of nonfungible tokens (NFTs) over the last three months.