Reddit NFT trading volume hits all-time high as wallet holders near 3 million
Meanwhile, the minting volume of nonfungible tokens have been declining steadily. Go to Source Powered by WPeMatico
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Nifty News: OpenSea dominance fades, Azuki skateboards fetch $2.5M and more
The largest NFT marketplace is facing headwinds from its competition as OpenSea sees its market share slip whilst its rivals gain significant ground. Go to Source Powered by WPeMatico
While Overall NFT Transactions and Buyers Are Down, NFT Sales Jumped 2% Higher Than Last Week
During the last week, non-fungible token (NFT) sales volume has managed to climb 1.9% higher than the week prior with $85 million in NFT sales in seven days. However, the number of NFT buyers slid by 12.63%, and the number of NFT transactions is down 19.19% on October 23, 2022. NFT Sales Record a Slight … Read more
Prosecutors argue ‘insider trading’ claim in the OpenSea case is accurate
Federal prosecutors have argued against a claim made by the former OpenSea product manager that the term “insider trading” is “inflammatory.” Go to Source Powered by WPeMatico
Report: Bankrupt Crypto Hedge Fund Three Arrows Capital Probed by SEC, CFTC for Possible Legal Violations
Reports indicate that the bankrupt crypto hedge fund Three Arrows Capital (3AC) is facing more trouble from liquidators and financial authorities from the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC). The whereabouts of the hedge fund’s co-founders Su Zhu and Kyle Davis are still unknown and the court-appointed liquidator plans … Read more
Ukraine’s Kharkiv Art Museum Launches NFT Collection With Binance to Raise Funds, Secure Jobs
The art museum in the Eastern Ukrainian city of Kharkiv has partnered with cryptocurrency exchange Binance to offer non-fungible tokens (NFTs) of some of its most valuable artworks. Proceeds from the auction will be used to restore the museum’s activities and support its staff. Ukrainian Museum to Sell 15 Works of Art as Digital Collectibles … Read more
Uniswap’s $165 Million Series B Capital Raise One of the Largest by a Crypto Firm in 2022
Uniswap Labs, the firm behind the Uniswap decentralized exchange protocol, announced on Thursday that it raised $165 million in a Series B funding round. According to one report, the capital raise, which sees Uniswap Labs’ valuation rise to $1.66 billion, is the largest by any crypto firm in 2022. Uniswap Completes $165M Capital Raise, Decentralized … Read more
CNN to shut down its NFT marketplace and issue 20% refund
The nonfungible token venture, originally scheduled with a half-year road map, lasted little under four months. Go to Source Powered by WPeMatico
DefiLlama founder moves to NFT lending to tackle liquidity constraints
The anonymous creator, 0xngmi, has developed a new protocol allowing users to become liquidity providers for their nonfungible token collections. Go to Source Powered by WPeMatico
Dapper Labs Suspends NFT Operations for Russian Users Amid New EU Sanctions
Canadian company Dapper Labs has blocked operations with non-fungible tokens (NFTs) for Russian accounts. The move follows a new round of sanctions recently imposed by the EU which prohibit the provision of crypto-related services to Russian residents and entities. NFT Platform Dapper Labs Conforms to Latest EU Restrictions Against Russian Federation Dapper Labs, the creators … Read more
