Blockchain and digital asset trade association, the Chamber of Digital Commerce (CDC), filed an amicus curiae brief on February 9 in support of French design house Hermès in the company’s landmark MetaBirkins case. Here’s why it matters: Hermés, designer of the legendary Birkin bag, has been caught up in a contentious legal battle that very…
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Scotland-based distillery The Glenlivet is using NFTs and AI in its marketing strategy to sell whiskey from a 50-year-old collection. The Glenlivet announced on Monday it was planning to auction off the bottles, which have been maturing at its Speyside distillery in Scotland since 1974. Discover The Glenlivet: The Twelve Elements. An extraordinary 50-year-old whisky…
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Top NFT news today, February 13, 2024: Following ERC-404, a new divisible NFT format called DN404 has launched, Magin Eden has announced its Ethereum marketplace launch, and Deadfellaz launched 10,000 Bitcoin Ordinals. NFT Market Data The non-fungible token (NFT) sales volume currently stands at $36,917,776. It is up 0.19% over the past 24 hours. In…
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Top NFT news today, February 12, 2024: Mastercard launches an NFT UEFA Champions League Trivia Game, Kresus wallet joins Sotheby’s Metaverse, and ByBit partners with UniSat. NFT Market Data The non-fungible token (NFT) sales volume is down today. It has dropped 7% over the past 24 hours to $36,831,744. Buyers, sellers, and transactions fell by…
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The NFL All Day digital collectibles brand, developed by Dapper Labs, entered Super Bowl weekend with a surge of momentum. The sports-themed, digital-collectible brand issued promotional packs of NFTs during the NFL playoffs in January, resulting in several high-profile sales. Notably, a non-fungible token featuring Tom Brady fetched over $40,000, while a similar NFT featuring…
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The allure of creating your own NFTs and BRC-20 tokens is undeniable. For artists, owning and monetizing their digital creations through NFTs offers a new level of control and potential financial reward. Beyond the realm of art, NFTs can foster passionate communities, grant exclusive access to events, and even act as fundraising tools. However, stepping…
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The collapse of the non-fungible token (NFT) market last year dealt a blow to OpenSea, raising questions about its once staggering $13.3 billion valuation. Now, the popular NFT marketplace is at the center of acquisition discussions, with CEO and co-founder Devin Finzer expressing an open-minded approach to potential deals, including the possibility of being acquired…
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The non-fungible token (NFT) market is up 12.5% over the past 24 hours. It now stands at $39,251,556. Buyers and sellers are both up around 2%, while transactions are down 10%. Among the top 10 collections by sales volume, CryptoPunks made the NFT news rounds and took the first spot with over $3.5 million. The…
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Non-fungible tokens, or NFTs, have faded into the background with all the chatter and excitement around a spot Bitcoin exchange-traded fund being approved in the US market. Earlier today GameStop revealed it has shut down its NFT marketplace, signaling its withdrawal from the cryptocurrency space. The announcement was made via a statement on the platform…
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Source: Adobe/James Thew Sales of NFTs on the Bitcoin (BTC) network reached a new milestone in December 2023, surpassing $881 million for the first time ever. According data by CryptoSlam, NFT sales on the Bitcoin chain reached $881,223,753.92 last month, setting the highest single-month sales record to date. This included 111,713 buyer addresses and 98,744 seller…
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