The NFT market is showing strong signs of revival, with July marking a decisive rebound in both investor confidence and capital inflows. A new report by DappRadar reveals that total market capitalization surged 94% during the month, reaching nearly...
Yuga Labs’ $9 million trademark infringement victory over NFT artist Ryder Ripps has been overturned by the US Ninth Circuit Court of Appeals. The appellate court ruled that Yuga Labs did not prove that Ripps and his business partner...
The NFT market staged a powerful comeback on Monday, with total market capitalization climbing from $5.1 billion to $6.3 billion a 20% increase within 24 hours, according to data from CoinGecko. Fueling the resurgence was renewed investor interest in...
American rapper Snoop Dogg has sold out nearly one million non-fungible tokens (NFTs) on Telegram’s TON blockchain in just 30 minutes, generating $12 million in sales. This rapid sellout challenges the prevailing view that the NFT market is in...
OpenSea is calling on the U.S. Securities and Exchange Commission (SEC) to formally exclude non-fungible token (NFT) platforms from regulation under federal securities laws. In a letter dated April 9 and addressed to SEC Commissioner Hester Peirce—head of the...
Sunnify has unveiled environmental NFT certifications, seamlessly blending blockchain technology with renewable energy projects to revolutionize ESG investing, according to an official announcement. The platform uses solar photovoltaic installations to generate clean energy, with revenues supporting its native cryptocurrency,...
Non-fungible Tokens (NFTs) introduced new ways to define ownership, scarcity, and intellectual property monetization. However, the growth of the NFT market exposed critical limitations of the technology, such as high transaction costs and scalability issues, particularly on Ethereum, where...
The local authorities of Jeju Island, South Korea's largest and most popular tourist destination, are reportedly planning to launch NFT-based digital tourism resident cards in late 2025. According to local media outlet Maeil Kyungjae, the move is part of...
A recent report titled “State of 2024 NFT Drops” reviewed 29,079 new NFT collections launched between January and August 2024. The findings were stark: nearly 98% of these NFTs are now considered "dead," meaning they’ve seen little or no...
The non-fungible token (NFT) market appears to be rebounding, with trading volume jumping over 20% in November, according to a DappRadar report. The data reveals that NFT trading volume reached $698 million, reflecting a 22% rise from October. DappRadar...
