Making a stealthy return, NFTs and Crypto Punks are clawing their way back into the spotlight. Once fading after the 2021 crypto frenzy, they’re now poised for a resurgence, boosted by celebrity shout-outs and clever alliances. Crypto Punks Back From the Dead With Trump’s NFT Collections President-elect Donald Trump’s recent ventures into the digital asset..
Could this be the next Cypher Punk? Logos inscriptions might ignite an NFTs rally as smart money investors race to mint new NFT drop. Remember when NFTs were the “thing” in 2021? Then, in the last bull cycle, it is was normal for these digital collectibles to sell for hundreds of thousands of dollars, sometimes..
A CryptoPunk NFT has reportedly fetched $56.3 million, echoing the peak of past crypto bull runs. Yet, this sale has a twist that reflects the strange evolving dynamics of today’s market. The Record-Breaking Sale: Unpacking the Details Selling at 24,000 ether, or $56.3 million, Punk 1563—a pixelated dark-haired, blue-eyed woman—dwarfs previous records. The real story,..
The US Securities and Exchange Commission (SEC) fined Flyfish Club $750,000 on 16 September 2024. The fine was levied for the unauthorized sale of Non-Fungible Tokens (NFTs) deemed to be securities. According to the SEC filing, Flyfish conducted an unregistered offering of NFTs between August 2021 and May 2022, offering and selling approximately 1,600 NFTs..
What is Donald Trump Crypto World Liberty Financial? A New DeFi project, deploying on Ethereum, is set to be launched in the coming days. When Donald Trump was president, he said Bitcoin (and, by extension, crypto) was a scam. He got heat from this comment. However, that was his stand. But the beauty of politics..
NFTs are a scam. Everyone from Coffeezilla to Tech Lead to Barrack Obama thought so back in 2021. Today that skepticism seems more prescient than ever. Non-fungible tokens, once heralded as the future of digital assets, are now labeled “dead” by a staggering 96%, according to nftevening.com. Is there any coming back from this one?..
Are NFTs Secret Weapon in Venezuela’s political crisis? Enjin NFT shines light into Venezuela Blackout; blockchain offers hope for the future. For years now, there has been chaos in Venezuela. The economy is in tatters despite billions of barrels of oil. Despite being worth billions, their natural resource has yet to translate to prosperity. NFTs..
With the 2024 NFL season one week away, the Kansas City Chiefs and NFT-based mobile game NFL Rivals are shaking things up. One of the main features of the partnership is that the Chiefs and NFL Rivals app offer a golden ticket: VIP access to GEHA Field. Win the sweepstakes, and you’ll be in for..
Are NFTs Dead? This week, the most expensive piece from the CryptoPunks NFT collection found a new home. The timing is perfectly ironic. This week, the most expensive piece from the CryptoPunks NFT collection found a new home. The timing is perfectly ironic, given the current cliff that NFT fever has fallen off of. A..
NFTs have become a bit of a mess. NFT or non-fungible token trading volumes are tanking. July’s sales have crawled to $393 million so far. NFTs have become a bit of a mess. NFT or non-fungible token trading volumes are tanking. July’s sales have crawled to $393 million so far, the lowest since November 2023…
Donald Trump emphasized the importance of the US taking a proactive role in the crypto industry to prevent other nations, particularly China, from dominating. The former President of US said in a Bloomberg interview, “If we don’t do it, China is going to pick it up and China’s going to have it—or somebody else, but..
Are NFTs dead or alive? Dive into the complexities of the market in 2024 and explore the future of NFTs and their potential. The year 2024 may well be remembered as the year that NFTs died, and it all started with AI. AI dominated the conversation in 2023 and is still the hegemon in the..
