NFT


Markets

CryptoPunk NFT, Once Bought for $16M, Sold for $10M Loss

NFTs, once the darling usecase of crypto, are all but out of favor among investors, with some holders ready to realize huge losses.

(CryptoPunks modified by CoinDesk)

Markets

NFT Marketplace Magic Eden Buys Trading App Slingshot

Magic Eden wants to broaden its offering beyond NFTs and streamline crypto trading across multiple blockchains.

Magic Eden CEO Jack Lu at Solana Breakpoint 2022. (Danny Nelson/CoinDesk)

Markets

NFT Marketplace X2Y2 to Shut Down After Trading Volumes Collapsed

The team is pivoting to a new project involving AI-powered, decentralized financial tools.

A table surrounded by eight empty chairs. (Nastuh Abootalebi/Unsplash)

Finance

Donald Trump-Linked Firm May be Looking to Start NFT and Metaverse Platform

DTTM Operations filed a trademark application that hints at software that manages crypto, NFTs and virtual reality services.

Trump Trading Cards Series 2 (OpenSea)

Markets

SEC Drops OpenSea Investigation Easing Pressure on NFT Market

The regulator’s decision comes after Coinbase said the SEC will vote on a deal to abandon its enforcement case against it.

OpenSea logo on phone (Unsplash)

Finance

NFT Collector Buys Digital Art for $3M, Largest Sale in 3 Years

The NFT market has failed to reach the dizzying heights of 2022, but maybe it doesn't need to.

Art accessories. (Debby Hudson/Unsplash)

Markets

OpenSea Confirms Upcoming Token Airdrop, Expands to Crypto Trading

The new platform OS2 will combine NFT and token trading and support multiple blockchains.

OpenSea logo on phone (Unsplash)

Markets

LinksDAO Plans to Launch a Community Token on Base

LinksDAO began by selling NFTs, but the market has moved on in the time since.

(Steven Shircliff/Unsplash)

Finance

OpenSea Denies Airdrop-Related Talk of Enforced Customer Identification

Polymarket odds on OpenSea issuing an airdrop before April spiked from 25% to 45% following the tweets.

OpenSea's Devin Finzer speaking at NFT.NYC in 2019.

Finance

Pudgy Penguins’ Layer 2 Network, Abstract, Struggles to Attract Liquidity

Just $33 million worth of ether and stablecoins is currently deployed on Abstract.

Image of several Pudgy Penguin NFTs (Pudgy Penguins)