Market trends, new collections, notable sales, marketplaces, and the role of social media in shaping NFT communities.

  • Yuga Labs announces restructuring in push towards ‘Otherside’ metaverse development

    Yuga Labs announces restructuring in push towards ‘Otherside’ metaverse development

    Yuga Labs, the team behind the Bored Ape Yacht Club (BAYC) NFT collection, has initiated a company restructuring to prioritize its core crypto business, which includes the Otherside metaverse project, said Greg Solano, the company’s co-founder, in a recent post on X. gm, really tough day today. I am hellbent on transforming yuga and getting


  • PayPal NFT Policy Update

    PayPal withdraws user protection for NFT transactions

    PayPal has recently updated its user protection policy, specifically excluding NFT transactions from its purchase protection program. Starting May 20, 2024, buyers and sellers of NFTs will no longer benefit from the purchase protection program previously offered by PayPal, a change quietly implemented through an update to the company’s terms of service. According to the


  • A trader receives a notification that Binance will no longer support Bitcoin Ordinals.

    Binance to cease support for Bitcoin Ordinals by April 18

    In an effort to streamline its product offerings, Binance has announced that it will cease support for trading and depositing Bitcoin (BTC) nonfungible tokens (NFTs), also known as Bitcoin Ordinals, on its NFT marketplace starting April 18, 2024. In a blog post dated April 4, Binance stated that the decision to wind down support for


  • A high-fantasy medieval cyberpunk marketplace beside the sea, representing OpenSea's NFT platform.

    OpenSea debuts ERC-721C standard for programmable creator earnings

    OpenSea has announced support for the ERC-721C token standard, a new token standard designed to address the issue of enforceable on-chain royalties for NFT creators. This new standard allows for “programmable earnings” for NFT creators, a solution which OpenSea saw as a response to the long-standing issue of NFT wash trading. Previously, without ERC-721C, users


  • ghostface killah enters the blockchain

    Wu-Tang Clan’s Ghostface Killah enters the blockchain to drop new tracks as Bitcoin Ordinals

    Ghostface Killah, a member of the iconic hardcore hip hop group Wu-Tang Clan, has announced the release of 10,000 exclusive music Ordinals on the Bitcoin network, offering holders Creative Commons Zero (CC0) rights to the content. The American rapper announced on X that the Ordinals will soon be available through a free mint. Salaam! I


  • a dog with a hat. dogwifhat.

    GiganticRebirth wins bid for original Dogwifhat meme at $4 million

    The original Dogwifhat meme, featuring a dog wearing a pink beanie hat, has been sold for 1,210.759 ETH, worth approximately $4 million at the time of writing. Prominent crypto trader Gigantic Rebirth (GCR) won the bid at an auction hosted by Foundation. The auction saw a fierce bidding war between GCR, using the alias “PleasrDAO,”


  • Black Mirror-themed NFT collection debutes on Base

    Black Mirror-themed NFT collection sells out in less than 3 hours

    PIXELYNX and Animoca Brands, in collaboration with Banijay Brands, have launched the non-fungible token (NFT) collection “Black Mirror Experience: Smile Club”, based on the episode “Nosedive” of the TV series. According to the announcement from Mar. 12, the Smile Club is the first of more digital experiences yet to come related to the Black Mirror


  • Major NFT collections register a drop in ETH floor prices, but there’s a catch

    Major NFT collections register a drop in ETH floor prices, but there’s a catch

    The Ethereum (ETH) floor price of the five biggest non-fungible token (NFT) collections has slumped in the last 30 days, according to data aggregator NFT Price Floor. The NFTs from Bored Ape Yacht Club collection took the hardest hit, with a 26.6% pullback on ETH price. Pudgy Penguins, which dominated the traded volume within the