In the last week, markets for non-fungible tokens (NFTs) minted on top of Bitcoin have generated approximately $ 425.63 million in sales. The leading ten NFT collections over the seven-day period all originate from the Bitcoin blockchain. Several collections of Ordinal inscriptions based on Bitcoin are witnessing substantial trading volumes, establishing strong baseline values …
P2P Platform NFT Trader Falls Victim to Security Flaw, $3 Million in Blue-Chip NFTs Lifted
Reports indicate, and the peer-to-peer non-fungible token (NFT) market platform has confirmed, that the NFT platform NFT Trader experienced a security breach. An assailant exploited an outdated smart contract, resulting in the theft of nearly $ 3 million worth of esteemed digital collectibles, including those from the Mutant Ape Yacht Club (MAYC) and Bored …
SwissGold Crypto AG Launches Gold-Backed NFTs for Wealth Preservation
PRESS RELEASE. Zug, Switzerland – SwissGold Crypto AG, a Swiss-regulated crypto issuer, introduces a novel solution to the wealth preservation challenge in times of inflation and uncertainty: gold-backed non-fungible tokens (NFTs). Gold’s enduring stability, in contrast to depreciating fiat currencies, has made it a trusted wealth preserver for centuries. Following the US President’s 1971 decision […]
NFT Markets Rebound With 18% Rise to $106M; Bitcoin NFTs Take Second Place Under Ether’s Lead
Between October 29 and November 5, 2023, sales of non-fungible tokens (NFTs) rose by 18.30% compared to the week before, reaching a high of $ 106.32 million. This week’s NFT statistics reveal an uptick in activity, with the number of buyers and sellers climbing by 17.77% and 15.82%, respectively. NFT Market Revives With 7-Day …
NFTs Can’t Catch a Break as Protracted Drop in Sales Continues
For the seventh week straight, non-fungible token (NFT) sales have slipped further. In the last week alone, NFT transactions totaled $ 66.11 million, marking an 11.65% decline from the previous week. NFT Sales Bleed Out: The Unrelenting Seven-Week Descent Although the broader crypto market experienced some uplift, NFT sales didn’t mirror this positive trend. …