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Nearing $1B NFT trading volume rises amid a bullish market trend

Nearing $1B NFT trading volume rises amid a bullish market trend

NFT In the month of November, the nonfungible token (NFT) market experienced a noteworthy surge, riding the bullish wave of the crypto markets. According to data from DappRadar, a decentralized app tracking platform, NFT trading volume approached the impressive milestone of $1 billion during this period, marking a substantial 125% increase in trading volume. This

Investment Firm Tiger Global Marks Down Stakes in BAYC & OpenSea

Investment Firm Tiger Global Marks Down Stakes in BAYC & OpenSea

NFT In a recent development, Tiger Global, a prominent investment management company, has reportedly adjusted the valuations of its holdings in the burgeoning non-fungible token (NFT) market. According to undisclosed sources cited by Bloomberg, Tiger Global has marked down its stakes in the NFT marketplace OpenSea by a substantial 94%. This strategic move is part

Forbes Impersonators Target BAYC Holders, Attempt to Steal Ape

Forbes Impersonators Target BAYC Holders, Attempt to Steal Ape

NFT In a recent incident, Bored Ape Yacht Club (BAYC) holders have fallen victim to scammers masquerading as Forbes journalists, attempting to orchestrate interviews as a guise for nefarious activities. One BAYC owner, known as “Crumz,” shared his harrowing encounter with a scammer posing as Robert LaFanco, a legitimate Forbes editor.🚨🚨SCAM ALERT!!🚨🚨I just spent the

Azuki DAO rebrands to Bean, drops lawsuit against founder

Azuki DAO rebrands to Bean, drops lawsuit against founder

NFT Azuki DAO, the entity associated with the Azuki NFT collection, is undergoing a comprehensive transformation, rebranding itself as “Bean.” A notable shift in strategy accompanies this rebranding, as the DAO opts not to pursue a potential legal dispute against Zagabond, the creator, concerning a significant $39 million NFT minting event in June.This strategic shift

Dairy Queen with WGG, opens a pop-up NFT store in Chengdu, China

Dairy Queen with WGG, opens a pop-up NFT store in Chengdu, China

NFT Dairy Queen is embarking on an innovative collaboration with local non-fungible token (NFT) project Weirdo Ghost Gang (WGG) in Chengdu, China. The duo is set to unveil a captivating ‘Ice and Snow Season’ themed pop-up NFT store, running from November 15 to December 31. This unique venture, co-sponsored by Weirdo Ghost Gang, promises an

The positive trajectory in NFT sales volume is expected to Increase

The positive trajectory in NFT sales volume is expected to Increase

NFT Leading up to November, nonfungible token (NFT) data indicated a consistent surge in weekly sales, showcasing a positive trajectory. Although the volume hasn’t reached its peak from 2021, industry executives anticipate the upward trend to persist.NFT Sales Source: NansenOn November 6, blockchain analytics firm Nansen reported a significant jump in NFT sales volume, soaring