Following the immense popularity and adoption of cryptocurrencies, several related products made a powerful debut. Decentralized prediction markets saw a major spike in popularity in late 2023 and early 2024. In a recent development, it was noted that Truemarkets, a known prediction market and the issuer of Oracle Patron NFT, has gathered nearly $4.03 million…
November 22, 2024 at 02:45 AM GST updated: November 22, 2024 at 01:45 AM 3 mins read News Immutable’s gas-free NFT platform eliminates Ethereum’s limitations, offering scalable trading for creators and developers without high fees. Render Network connects artists to a decentralized GPU network, providing fast, efficient rendering for digital creators in a decentralized manner….
In celebration of Nikolai Durov’s 44th birthday, the team is pleased to announce the debut of its first NFT series. Nikolai Durov is a visionary mathematician, cryptographer, and the inspiration behind the NikolAI project. In addition to honoring Durov’s legacy, this unique collection ushers in a new era for the NikolAI community by bringing together…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Justin Sun, the founder of Tron, recently made headlines by purchasing Maurizio Cattelan’s infamous artwork. Sun purchased The Comedian for a staggering $6.2 million at a Sotheby’s auction in New York on Wednesday. Sun’s purchase of a $0.35 banana has caused quite a stir in the crypto community because…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Shaquille ‘Shaq’ O’Neal, basketball legend and global icon has taken a notable step toward resolving legal troubles tied to his Astrals NFT project. In a new document filed in court, O’Neal’s has agreed to a staggering $11 million in lawsuit settlements. This development marks a notable turn in the…
For the week, Ethereum’s NFT sales reached $67 million, a 111% rise over the previous week. The average value of an NFT transaction increased significantly, with growing sales volumes. The substantial advances in the cryptocurrency market drove a weekly sales volume of $181 million for non-fungible tokens. According to statistics compiled by CryptoSlam, a digital…
A recent analysis has revealed that the non-fungible token (NFT) market struggled in 2024, with untimely price drops and several failed projects. The research by NFTevening and digital PR agency Storible examined more than 29,000 NFT collections released throughout the year, compiling data from OpenSea and Dune analytics. NFT Market Profitability Struggles Dubbed “State of…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 After months of dwindling activity, the non-fungible token (NFT) market roared back to life this week, fueled by surging cryptocurrency markets. NFT sales volume skyrocketed to $181 million over the past seven days, nearly doubling from the previous week’s $93 million. Ethereum and Bitcoin-based NFTs dominated the resurgence, leading…
McDonald’s partners with Doodles NFTs to launch “GM Spread Joy,” combining vibrant designs and exclusive digital rewards. The campaign merges physical branding with digital innovation, reflecting McDonald’s strategy to engage younger, tech-savvy audiences. McDonald’s has revealed a novel campaign named “GM Spread Joy” by means of a partnership with the Ethereum NFT series Doodles. Starting…
Join Regina as she uncovers the allure of this dungeon-crawling sensation dominating charts just days after its release. Last Episode’s Quick Recap Portal Fantasy – an exciting new Web3 game blending traditional RPG mechanics with blockchain elements. Players can explore vast, vibrant worlds as Portals (adventurers) or engage as Architects (world-builders), crafting immersive game experiences….
A new study shows a slump in the non-fungible token market, with low trading activity and steep price drops hinting at potential market oversaturation. Demand and Supply Mismatch A study finds that 98% of non-fungible token (NFT) drops in 2024 have seen no trading activity since September, with 64% having fewer than 10 mints. This…
Portal Fantasy, a pixel RPG set to release in 2025, is giving players like Regina a sneak peek with its November demo on Steam. Last Episode’s Quick Recap Fun, interactive, and strategic Web3 game – Angry Dynomites Lab! Join forces to collect resources, craft materials, and build artifacts alongside unique dynomite characters. Collaborate with the…
Non-fungible token (NFT) sales ticked upward this week, climbing 14.99% higher than the previous week’s figures in total seven-day sales. Ethereum and Bitcoin Dominate as NFT Sales Rebound Between Nov. 2 and Nov. 9, 2024, NFT sales hit $95.72 million, marking a 14.99% boost over the previous week, which had followed several weeks of declining…
Some other networks to witness significant gains in trading volume in the same period of time are Solana, Mythos Chain, Polygon and Immutable. The activity shown by NFT in third quarter shows that it is not driven by small customers but mainly by maket whales. The gains of BNB Chain has shown a negative trend…
November 8, 2024 at 02:45 AM GST updated: November 7, 2024 at 02:36 PM 3 mins read News Illuvium enables players to collect, trade, and battle NFT creatures in a sci-fi fantasy world with unique ownership. Bloktopia offers a multi-level metaverse for buying and selling digital real estate, merging finance with virtual experience. The Sandbox…
NFT marketplace OpenSea lays out strategies to reclaim its place at the top as it sets for a revamp in December to introduce Bitcoin Ordinals support. OpenSea has been struggling lately from declining sales volume to stiff competition as well as regulatory challenges. Non-Fungible Token (NFT) marketplace OpenSea has announced that it will embark on…
Michel sentenced for defrauding investors through Mutant Ape Planet NFTs. Court ordered $1.4 million forfeiture and a $15,000 fine. Aurelien Michel, the developer behind the controversial Mutant Ape Planet NFT collection, has been sentenced to a month of incarceration and ordered to forfeit $1.4 million in fraud-related penalties. The decision, handed down by U.S. District…
After a downtrodden September, non-fungible token (NFT) sales dropped further in October, totaling $361 million—a 36% decrease. NFT Sales Fall 36% in October, Totaling $361 Million NFT sales in October didn’t quite bounce back, showing a 36% decline after September’s 47.9% dip. The month saw around $361.5 million in sales, with Ethereum NFTs holding the…
A federal jury convicted a man for orchestrating an NFT rug pull scheme, pocketing nearly $400,000 through abandoned projects and cryptocurrency laundering schemes. The NFT Rug Pull That Went Too Far — Federal Jury Brings Verdict The U.S. Department of Justice (DOJ) announced Thursday that a federal jury in Tampa, Florida, found Berman Jerry Nowlin,…
In Angry Dynomites Lab, Regina join forces with other players to save a world of clumsy Dynos in this innovative Web3 adventure. Last week’s Quick Recap Last week we stepped into the whimsical world of My Neighbor Alice, where farming, crafting, and community-building come to life! Explore colorful islands, trade NFTs, and grow your dream…
Between Oct. 19 and Oct. 26, recent data reveals that non-fungible token (NFT) sales slid 7.11% lower than the prior week. Top NFT Collections of the Week: Froganas, Mythos Dmarket, and BAYC Lead Sales This week’s total NFT sales clocked in at $89.26 million—a dip of 7.11% from last week’s numbers. Despite this decline, NFT…
October 26, 2024 at 03:13 AM GST updated: October 25, 2024 at 01:45 PM 2 mins read News Stablecoins now facilitate over 60% of high-value NFT transactions, with USDT leading institutional adoption through its established liquidity pools. The integration of regulated stablecoins (particularly USDC) has reduced transaction volatility by 85%, establishing a more predictable NFT…
The Executive R0AR Society NFT collection is gearing up for launch on the Opensea Launchpad. The R0AR decentralized finance platform has a range of features and use cases, including an Ethereum DEX, yield farming, and a DAO. Holders of the ERS collection will be able to access exclusive features and earn extra crypto rewards, along…
In a significant move, financial regulators have closed the First National Bank of Lindsay in Oklahoma, marking the second bank failure in the U.S. this year. The Office of the Comptroller of the Currency (OCC) took this action after uncovering misleading bank records and signs of fraud that had severely impacted the bank’s financial stability….
Amid the broad uptick in crypto asset markets, non-fungible token (NFT) sales saw a 22.38% increase this past week. NFT sales managed to rake in $92.95 million this week and Ethereum and Bitcoin NFT sales led the way. Digital Collectibles Spike in Activity as Ethereum and Bitcoin Top the NFT Charts NFTs enjoyed an increase…
SuperRare’s integration of Chainlink’s CCIP enables secure cross-chain transfers of the RARE token between Ethereum and Base. Chainlink’s CCIP boosts SuperRare’s scalability, offering lower fees and secure interoperability across multiple ecosystems. By integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP), SuperRare has significantly advanced the use value of its RARE coin. This integration seeks to guarantee token…
Italy plans to raise its capital gains tax on bitcoin to 42%, up from 26%, as part of efforts to fund election promises and curb the fiscal deficit. The government cites growing bitcoin adoption as a key factor. This comes as the European Union prepares to implement its Markets in Crypto-Assets Regulation (MiCA), aiming to…
In the latest episode of Regina’s Web3 Gaming Odyssey, she explored the fast-paced, blockchain-powered universe of Spider Tanks—a game that merges PvP combat with NFT-driven customization. Learn why Regina thinks this Ethereum-based game stands out. Last episode’s quick recap SOL Arena, an Open-Beta game on the Solana network, brings a fresh spin on the classic…
Join Regina as she explores SOL Arena, a new battle royale on the Solana network that combines the simplicity of Snake with the intensity of Web3 competition. Last Week’s Quick Recap Nifty Island is a decentralized metaverse and social platform where players can build, explore, and engage in a virtual world. It emphasizes land ownership…
The group stated that only few information were intensely promoted such as tickets to exciting events, two Galyverse events with 11 physical artworks. NFT holders were lured by a lot of benefits after joining Meta Eagle Club. The group has mentioned in its claims that nothing was real and also they didn’t really create the…
Telegram users will soon be able to convert limited-edition gifts into NFTs via the TON blockchain for trading outside the app. Telegram’s new “Gifts” feature allows users to display or sell virtual presents, enhancing its in-app digital economy. Telegram has added a new feature called “Gifts,” which lets users send animated images as virtual gifts….
🚀 Stay Ahead with AltcoinDaily.co! 🌐 The Non-Fungible Token (NFT) landscape has just recorded a 10.1% weekly surge. According to Cryptoslam data, this spike saw its weekly sales volume skyrocket to $85.9 million. This is a sizable increase compared to the figures recorded in the last two weeks of September. Apart from the rise in…
In the latest episode of Regina’s Web3 Gaming Odyssey, she dives headfirst into Nifty Island—a metaverse brimming with customizable islands, NFT integration, and social interaction. Last week’s quick recap Last episode’s livestreamed game showcased Spellborne’s side quests. After delving into Spellborne’s side quests, I also shared my personal insights and explored the game’s tokenomics. Want…
Ubisoft is launching 10,000 NFTs for Captain Laserhawk: The G.A.M.E., offering early access and governance rights to holders. Dynamic NFTs evolve with player activity, allowing more influence and rewards as players progress in the game. Ubisoft launched a 10,000-piece NFT collection on Ethereum scaling solution Arbitrum. Developed in tandem with Magic Eden, this NFT collection…
The NFT was listed for less than 30 ETH, or around $69,000, only last month. The flash loan is connected to the Kamala Harris Punk meme coin’s impending debut. The $56.3 million sale of a CryptoPunk NFT has made news. There have been rumors that this was all part of a plot to promote the…
Having completed the main quests of Season 1, Regina returns to the captivating world of Spellborne to tackle the latest side quests. What ensues is an intense blend of strategy, reflex challenges, and immersive world-building. Last week’s quick recap In Heroes of Mavia, players build and defend military bases while battling opponents in a strategy-driven…
A CryptoPunk NFT has made headlines for being sold for $56.3 million. This comes amid claims that it was a carefully orchestrated promotional tactic for an upcoming meme coin called “Kamala Harris Punk.” The NFT Sale Punk 1563, depicting a pixelated woman with dark hair and blue eyes, was recently sold for 24,000 ether (ETH), worth…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 The crypto community, particularly the gaming sector, is abuzz with the dynamic collaboration that unites the worlds of blockchain, gaming, and entertainment. Magic Eden, Ubisoft, and the Arbitrum Foundation recently announced the launch of a new Web3 gaming NFT collection. This collection, comprising 10,000 NFTs, is based on the…
Base’s TVL grew steadily, with bullish network activity increasing transaction volumes. DEGEN memecoin surged in price and holders on Base network. The Base ecosystem, Coinbase’s Layer 2 network, had a standout month, with several tokens recording triple-digit gains over the past 30 days. Among these, AERO gained attention with its impressive 184,000 holders, more than…
Record-Breaking CryptoPunk 1563 Sale for 24,000 ETH. The sale is linked to speculation surrounding the upcoming “Kamala Harris Punk” meme coin. The NFT market recently witnessed a significant transaction with CryptoPunk 1563 being sold for a staggering 24,000 ETH, equivalent to over $56.3 million. This sale, which occurred on October 4, stands as one of…
Companies offering crypto-based services have been working to expand their global presence by launching their service with the highest rate of crypto adoption. Dozens of companies have acquired regional subsidiaries of crypto firms to slowly extend its existence in the regional markets of nations as well. Most recently the developer of Aptos Network, Aptos Labs…
With this initiative, Indonesia is demonstrating its growing engagement in the Web3 domain. The NFT stamp will be available in both physical and digital forms. Bringing together the best of both worlds, Pos Indonesia, the state-owned postal service of Indonesia, has released its first-ever postage stamps including non-fungible token (NFT) equivalents. “Cenderawasih,” which translates to…
Imagine leading a virtual army, conquering enemy bases, and earning real-world rewards. That’s what Heroes of Mavia, a Web3 play-to-earn strategy game, promises. Find out if Regina thinks it’s worth your time. Last episode’s quick recap Last episode’s Web3 gameplay was action-packed and full of thrills! While playing The Beacon, I found myself holding my…
Your guide: What is NFT Lending and How Does it Work? Within the fast-changing field of distributed finance (DeFi), nonfungible token (NFT) lending has become a new front ground. The necessity to release their intrinsic worth has grown urgent for investors and asset owners as NFTs—both digital collectibles and representations of real-world assets—have grown ever…
After a laid-back farming session in Pixels last week, Regina cranks up the intensity with The Beacon, a dungeon-crawling NFT game Last week’s quick recap From last week’s gameplay, we played Pixels, a Web3 game set in a captivating world with vibrant pixelated characters and lush farms. Integrated with the Ronin blockchain, Pixels allows players…
Your guide: Are NFTs Dead? Are you a fan of the NFT craze? The digital world has been enthralled by the stratospheric rise and later fall of non-fungible tokens (NFTs) recently. Once hailed as the future of digital ownership and innovation, the hype has suddenly died down. So, if you’ve ever wondered, “Are NFTs Dead?”…
UK Gambling Commission charges Sorare for providing unlicensed gambling services. The United Kingdom’s Gambling Commission has been investigating Sorare for three years. Sorare denies wrongdoing, asserting it is not a gambling platform under UK law. The United Kingdom’s Gambling Commission has taken legal action against Sorare, a blockchain-based fantasy sports platform, accusing the company of…
Este artículo también está disponible en español. Ethereum (ETH) demand is largely driven by the token’s use in on-chain applications and token transfers, according to a report by CoinShares. Ethereum’s Use-Cases Have Increased, But Long-Term Value Is Missing In a recently published detailed report, CoinShares’ Matthew Kimmell noted that despite Ethereum’s potential to host popular…
STEPN Go and Adidas is set to launch an NFT collection – STEPN GO x Adidas Genesis Sneakers on the Solana blockchain to push the boundaries of Web3. STEPN recently launched its public beta with the integration of the Haus System to empower users to lend sneakers to friends. Great news for Solana (SOL) as…
Well, guess what? The NFT space might seem deadly quiet, but it may not be ‘dead.’ The market floor feels shaky and intensely bearish right now. Despite that, there’s a hustle for something fresh, and innovation is brewing. Projects attempt to pivot and explore new horizons. Or try to synergize with compelling paradigms. How healthy…