Japanese firm Square Enix is set to initiate an NFT auction for its latest offering, Symbiogenesis, marking its first expedition into the Web3 gaming system. Built on the Ethereum and Polygon blockchain networks, the auction is scheduled to unfold in
The U.S. Securities and Exchange Commission (SEC) on Monday charged Los Angeles-based entertainment company Impact Theory with conducting an “unregistered offering of crypto asset securities” through non-fungible tokens, or NFTs. The enforcement action, considered the first by the capital markets
Bitcoin Ordinals non-fungible tokens (NFTs) may be losing style as trading and sales volume crashed over 99% since May, according to a new report from DappRadar. The crypto tracking platform described the decline as “alarming.” Published Aug. 17, the report
Sorare became an integral force in the non-fungible token (NFT) market at the end of the first quarter of this year. The project broke into the biggest-selling digital collections of all time by sales volume. Sorare is now a top
Bitcoin NFTs are bringing impressive gains to digital arts traders, after several collections deployed on the blockchain featured in the top 10 collectibles by sales volume during the third week of May. Bitcoin NFTs have been on the rise after
The European Union is reportedly planning to include non-fungible tokens (NFTs) and foreign companies in the upcoming crypto tax, reported Coindesk. The EU has prepared a draft text, known as the eighth directive on administrative cooperation (DAC8), which would require
Azuki and Nakamigos NFTs went in the opposite direction to the overall digital collectibles market in April, after seeing a more than 100% spike in sales volume. NFTs from Azuki and Nakamigos saw sales volume increases of over 130% and 150% respectively
Bitcoin Ordinals inscriptions could surpass 1 million in the next few days as adoption of the protocol continues to rise. According to the Dune Analytics dashboard, 26.9% of the total inscriptions (244k) came in the first five days of April.
MG LAND skipped ranks in the digital collectibles sector this March, surpassing several mainstream projects to become a top 10 selling NFT – a feat that has shed light on the potential of the collection. MG LAND joined NFT royalty
Meta, the parent company of Facebook, Instagram, and Whatsapp, has announced that it will slash its workforce by a further 10,000 jobs, having laid off 11,000 employees in November of last year. The news of the layoffs came directly from
The Pokémon Company is looking to hire a Web3 and blockchain tech expert, suggesting the Japanese gaming giant could be taking a more serious look at the metaverse and NFTs. According to a recent job posting, The Pokémon Company wants
Otherdeed non-fungible tokens (NFTs) from the Otherdeed Metaverse saw their monthly sales surpass $50 million for the first time since May 2022 and eventually settled at approximately $53 million. By testing such a metric, Otherdeed NFTs reached its second-highest monthly sale since
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