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Yuga Labs, creator of the Bored Ape Yacht Club, has proposed terminating the decentralized Apecoin DAO and transferring its assets to a new entity called Apeco to accelerate ecosystem growth.…
Based on the most recent figures, non-fungible tokens (NFTs) generated approximately $474 million in sales throughout May, marking a 21.25% decline compared to April’s total. NFT Market Declines in May…
The Infinite Node Foundation (NODE), a nonprofit focused on conserving digital art, has acquired full intellectual property rights to the iconic Cryptopunks collection from Yuga Labs, securing long-term stewardship for…
Uniswap is now live on Soneium, Sony’s entertainment-focused Layer 2 platform, allowing users to swap, provide liquidity, and bridge across networks. This integration supports seamless value exchange for various digital…
Although April brought modest gains to the broader crypto economy, data reveals a continued descent in non-fungible token (NFT) sales, which contracted by 39.62% over the past 30 days. Ethereum…
Nike is facing a class action lawsuit after abruptly shutting down its crypto-focused subsidiary, RTFKT, leaving investors with significant losses tied to Nike-themed NFTs and digital assets. Plaintiffs, led by…
Magic Eden has launched Season 2 of its rewards program, offering users new ways to earn incentives for trading non-fungible tokens (NFTs), swapping tokens, and staking on the platform. Magic…
An anonymous NFT collector has suffered a $10 million loss after selling one of the rarest CryptoPunks on Thursday. On-chain data shows that Punk #3100 changed hands for 4,000 ETH,…
Magic Eden has announced its acquisition of Slingshot, an app designed to facilitate trading across multiple blockchains using a single, universal account balance. This acquisition aims to simplify the onchain…
Steve Hassenpflug says successful airdrop strategies reward skill-based contributions, include vesting periods, and distribute assets with functional value. These approaches aim to foster long-term loyalty while avoiding inflation and exploitation.…