Category: NFT News

Highlights NFT Paris cancellation reflects tighter sponsorship budgets amid declining NFT activity, rather than merely falling prices. The NFT market continues to see transactions, but participants are increasingly price-sensitive and focused on utility. Conferences like NFT Paris can provide deeper insights into market health than traditional sales statistics. Understanding the...

Highlights Animoca Brands has successfully acquired Somo, a company focused on gaming and digital collectibles. The global NFT market cap witnessed a significant increase of 20% during the initial weeks of 2026. Despite this uptick, the NFT sector remains down 59% compared to last year's peak market cap. Introduction to...

Highlights: - The NFT market capitalization plummeted from approx. $9 billion to just over $2.7 billion from January 2025 to January 2026. - Organizers of NFT Paris and RWA Paris have cancelled their conferences, attributing the decision to the market's collapse. - Major NFT platforms are pivoting operations in response...

Highlights Nike has reportedly sold RTFKT, the digital collectibles studio it acquired during the NFT boom. The sale marks a significant retreat from Nike's ambitious Web3 strategy amid declining NFT market conditions. The exit has fueled controversy, with a class-action lawsuit from NFT holders alleging value loss from the company's...

Highlights: - A protocol-level exploit on the Flow network led to an estimated loss of $3.9 million due to counterfeit tokens. - The Flow Foundation quickly halted operations to contain the breach, preventing further financial damage. - Steps have been taken to fortify the system against future hacks, including vulnerability...