Highlights:- Christie's is closing its dedicated NFT department amid a broader decline in the art market. - The auction house will continue selling digital art but under a larger category for 20th and 21st-century art. - Some industry experts speculate that the decision reflects market conditions rather than a decline...
Category: NFT News
Metaverse Thrives: NFT Sales Surge by 27% in August!
Highlights: - Metaverse-related NFT sales increased by 27% in August, indicating a potential resurgence in user interest. - Despite fluctuations, key metaverse platforms continue to invest in long-term infrastructure and innovation. - New metaverse projects and collaborations are emerging, demonstrating ongoing interest and investment in virtual worlds. Introducing a Resilient...
NFT Sales Plummet: Weekly Numbers Hit Lowest Point Since Mid-June
NFT sales volume fell to $91.96 million in the first week of September, marking the lowest since mid-June. The number of unique NFT buyers plunged 58% since mid-June, driven by declining sales and transaction prices. Strong NFT adoption in July and August, including initiatives like Ibiza's permanent NFT gallery, boosted...
Massive 40% Drop in Trump-Linked WLFI Sends Crypto Whales Reeling: A Financial Crisis Unfolds!
Whales, or prominent cryptocurrency investors, are facing significant losses with the price decline of the World Liberty Financial (WLFI) token, which is linked to the Trump family. The token has seen a dramatic drop exceeding 40% shortly after its launch, despite efforts to enhance its value through token burns aimed...
Protect Your Crypto: The Surge of the Infamous Try My Game Discord Scam!
Highlights: - A $170,000 loss from the "try my game" scam illustrates the risks of social engineering in the crypto community. - Scammers exploit trust and community spirit to gain access to valuable assets via disguised gaming invitations. - Preventative measures focus on skepticism and community vigilance to combat the...
