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NFT Infrastructure Provider Rarify Gets $10 Million Investment in Series A Funding Round Led by Pantera Capital

Rarify, a startup that helps third parties include NFT elements in their tech platforms, has raised $10 million in its Series A funding round. The round was led by Pantera…

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NFT Sales Tumble 29% This Week, Searches for Metaverse-Related Terms Plunge

The past week’s non-fungible token (NFT) sales have dropped again, following the last few weeks of diminishing volumes. Across 14 blockchains that support NFTs, sales have slipped 29.46% lower than…

Continue ReadingNFT Sales Tumble 29% This Week, Searches for Metaverse-Related Terms Plunge

Leaked Images Suggest Opensea Plans to Add Solana-Based NFT Support

Leaked images that allegedly derive from the leading non-fungible token (NFT) marketplace Opensea indicate that the platform may soon introduce Solana-based NFTs. The images were discovered by the tech blogger…

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Japanese Online Retail Giant Rakuten Launches NFT Marketplace

Rakuten Group, the Japanese electronic commerce and online retail company based in Tokyo has announced the launch of a non-fungible token (NFT) marketplace called Rakuten NFT. The announcement notes that…

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Ethereum After 1559: Network Nears 2 Million ETH Burned Worth Over $6.9 Billion

Approximately 205 days ago, the Ethereum network upgraded via the London hard fork which implemented the packaged Ethereum Improvement Proposal (EIP) 1559. Since then, the EIP-1559 upgrade made it so…

Continue ReadingEthereum After 1559: Network Nears 2 Million ETH Burned Worth Over $6.9 Billion

Weekly NFT Sales Continue to Slide, Google Trends Data Shows NFT Queries Down 45% in 30 Days

Following a lackluster week that saw non-fungible token (NFT) sales slip by 29.35% last week, the last seven days of NFT sales have dropped further losing more than 7%. Out…

Continue ReadingWeekly NFT Sales Continue to Slide, Google Trends Data Shows NFT Queries Down 45% in 30 Days