Pudgy Penguins sold 1M plushies in 12 months, says CEO
Physical versions of the popular Pudgy Penguin NFT collections are selling like hotcakes. Go to Source
Nonfungible Tokens
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NFTs aren’t dead — they’re just resting
The market for nonfungible tokens (NFTs) might be struggling during this “NFT Winter,” but there are signs of life if you know where to look. Go to Source
Bitcoin Ordinals volume hits $210M in Q2 – DappRadar
The advent of Bitcoin Ordinals NFT inscriptions led to more $210 million in trading volume through the first half of 2023. Go to Source Powered by WPeMatico
Meta pulling the plug on NFTs across Instagram and Facebook
The short-lived NFT features were first launched in May 2022, but Meta’s financial technology lead said it’s “winding down” the tools to focus elsewhere. Go to Source Powered by WPeMatico
Chinese court says NFTs are virtual property protected by law
The court said NFTs are “unique digital assets” that “belong to the category of virtual property” in a case where it had to confirm the legal attributes of NFTs. Go to Source Powered by WPeMatico
Nifty News: China’s lockdown protest NFTs emerge, Candy Digital cuts staff, and more
Two collections have appeared on NFT marketplace OpenSea depicting images and art related to the rare widespread protests in China over its lockdown policies. Go to Source Powered by WPeMatico
MATIC price eyes 200% gains on Polygon adoption by Instagram, JPMorgan
Polygon’s list of high-profile partners is getting longer with Disney, Starbucks and Robinhood already boarding its blockchain. Go to Source Powered by WPeMatico
Nifty News: GameStop NFT market goes live, Hong Kong’s NFT concept and more
The latest Web3 offering from GameStop sees the official launch of its NFT market, and the Hong Kong government is testing a proof-of-concept NFT at a convention. Go to Source Powered by WPeMatico
New Apple rules double down on 30% NFT ‘tax’ and geo-limits exchanges
Apple has published rules for NFTs for the first time while clarifying rules around cryptocurrency payments and crypto exchanges. Go to Source Powered by WPeMatico
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
