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NFT & Crypto Updates

🖼 Bored Ape Yacht Club NFT Sells for $1.43M Amid Market Dip

The sale of a Bored Ape Yacht Club (BAYC) NFT for an astounding $1.43 million this week was a main highlight of the NFT market. Especially BAYC #7940, the NFT turned out to be the most costly one of the week. This selling contrasts with the more general NFT market, which has been seeing a notable downturn. With an 8.78% decline overall over the preceding seven days, NFT sales totaled roughly $77.46 million altogether.

Source

NFTs | OpenSea | News

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🖼 NFT Investors Sue Gallery Over Metaverse, Cryptocurrency Scam

An art gallery was accused of selling over $13 million worth of non-fungible tokens showing anthropomorphized eagles in various outfits and costumes under the false pretense of providing access to a private club in the metaverse, according to a new investor lawsuit.

Source

NFTs | OpenSea | News

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🖼 Magic Eden & Ubisoft Join Forces for 'Captain Laserhawk: the G.A.M.E.' NFT Drop

Magic Eden and Ubisoft are shaking things up in crypto gaming with the upcoming launch of the Niji Warrior ID Card NFTs for Captain Laserhawk: the G.A.M.E.. First set at a higher price, the team has lowered the mint price for both the whitelist presale and the public mint to 0.06 ETH (about $145). These NFTs aren't just collectibles—they're your all-access pass to an immersive web3 gaming experience. Here's the scoop.

Source

NFTs | OpenSea | News

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🖼 Hyundai Wants You to Trade a Worthless NFT for a Real Santa Cruz

When someone offers you something for nothing, there has to be a catch. But what if that someone were Hyundai, and the something was a brand-new car? As for the nothing, that would be a now-worthless NFT you won back in 2021. For some reason, Hyundai wants its giveaway prize back…in exchange for another giveaway. The fine print on such sweepstakes might say that the freebie you won is yours, but only after you pay taxes, fees, and shipping.

Source

NFTs | OpenSea | News

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NFT & Crypto Updates

🖼 No, a CryptoPunks NFT Didn’t Just Sell for $56 Million

Did a CryptoPunks NFT on Ethereum really sell for a record $56.3 million as the broader NFT market continues its long, slow decline? No. Here's why. While it’s true that CryptoPunk 1563 was transacted this afternoon, and that 24,000 ETH—or $56.3 million worth at the time—was "paid" for the asset, there were both surface-level and behind-the-scenes red flags that quickly cast doubt on the legitimacy of the purchase.

Source

NFTs | OpenSea | News

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NFT & Crypto Updates

🖼 NFT sales plummet to lowest monthly volume since 2021 — CryptoSlam

Non-fungible token (NFT) sales continued their downward trajectory in September as digital collectibles’ monthly sales volumes failed to recover. Data from CryptoSlam shows that NFTs recorded $296 million in sales during September — a 20% decrease from August’s sales volume of $373 million. The figure is an 81% drop from the $1.6 billion in sales volume recorded in March, digital collectibles’ strongest month in 2024.

Source

NFTs | OpenSea | News

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NFT & Crypto Updates

🖼 NFT Sales Climb 4.87% as Ethereum and Bitcoin Collectibles Dominate

NFT sales saw a solid increase this week, climbing 4.87% from the previous period to reach a total of $79.38 million. According to cryptoslam.io, the number of NFT buyers jumped by 34.13%, while sellers grew by 28.72%. Throughout the last seven days, Ethereum-based NFTs led the charge, with over $27.97 million in sales, marking a 22.46% rise. Bitcoin NFTs followed closely, pulling in $21.2 million, up 67.95% from the previous week. Solana-based NFTs took third place, securing $13.72 million in sales, though that figure reflected a drop of 16.63%.

Source

NFTs | OpenSea | News

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🖼 SunPump Partners with APENFT to Launch ‘NFT Pump’on TRON Blockchain

SunPump, a meme coin generator project created to rival the popular PumpFun, has formed a strategic partnership with APENFT to introduce the first fair launch platform for non-fungible tokens (NFTs) on the TRON blockchain. Announcing the collaboration on X (formerly Twitter), SunPump revealed that the new platform, named NFT Pump, aims to provide traders with transparency, fairness, and an exciting experience in NFT trading.

Source

NFTs | OpenSea | News

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🖼 Gensler Faces Heat Over NFT Security Stance!

Gary Gensler, the Chair of the U.S. Securities and Exchange (SEC), stirred controversy by claiming Non-Fungible Tokens(NFTs) should be classified as securities. His stance has drawn sharp criticism from the members of the crypto community and lawmakers who argue that NFTs should not be classified as investment contracts subject to federal securities laws.

Source

NFTs | OpenSea | News

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🖼 Bored Ape #NFT Buyers Claim OpenSea Sold Illegal Securities

Two OpenSea users have filed a class-action lawsuit against the popular NFT marketplace, claiming it has been selling unregistered securities. Users Anthony Synayderman and Ital Bronshtein filed their suit in a Florida federal court on September 19, arguing that the NFTs they purchased, including pieces from the once-coveted Bored Ape Yacht Club collection, are now essentially worthless due to their alleged illegal status.

Source

NFTs | OpenSea | News

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♦️Unique Network Pioneers Cross-Chain NFTs on Polkadot

Unique Network developed an emerging technology that moved NFTs from one parachain to another under the Polkadot network. NFT XCM is like a bridge where different islands in the blockchain sea can interact by transferring NFTs. It’s all about opening up a world of possibilities for creators, developers, and everyday NFT users. NFT XCM aims to help create a more engaging experience for Web3 games and NFT collections.

Source

NFTs | OpenSea | News

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🖼 NFT Project Doodles to Celebrate Rubik’s Cube’s 50th Anniversary With Digital Collectibles

Non-Fungible Token (NFT) project Doodles has announced a collaboration with Spin Master to celebrate the 50th anniversary of the Rubik’s Cube. This partnership will introduce a “pack ripping” fan experience, where participants can unlock both physical and digital collectibles. Among the collectibles is a unique diamond-encrusted Rubik’s Cube from Eliantte & Co. The initiative also includes a Rubik’s-themed digital comic and a series of digital shorts.

Source

NFTs | OpenSea | News

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🖼 NFT Sales Drop 7.91% as Buyers and Sellers Pull Back Sharply

Over the past seven days, non-fungible token (NFT) sales have dipped once again, sliding 7.91% compared to the previous week. The number of NFT buyers has taken a notable hit, plummeting 73.46%, and sellers are following suit, down 61.18% from last week.

Source

NFTs | OpenSea | News

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🖼 Williams Racing, Kraken’s Rear Wing Takeover Returns With Cosmos Collection #NFT Airdrop

Crypto exchange Kraken is giving NFT holders the opportunity to showcase their PFPs on Williams Racing’s United States Grand Prix livery in the second Rear Wing Takeover contest. “Last year’s takeover generated huge interest and a brilliant design, and we can’t wait to see what fans will choose this time round,” said James Bower, Commercial Director at Williams Racing, in a statement shared with Decrypt.

Source

NFTs | OpenSea | News

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🖼 The iOS and Android Football Game With NFTs on Polkadot

When it comes to American football games, the Madden franchise has long been the cream of the crop. But now it has some competition—not just from EA Sports’ own College Football game, but also in the form of mobile game NFL Rivals, which incorporates NFTs. While NFL Rivals isn't trying to top Madden when it comes to presenting a lifelike simulation on your game console, it’s a free-to-play, arcade-style mobile football game that has the same official licenses from the league and players, offering bursts of entertainment on your smartphone or tablet.

Source

NFTs | OpenSea | News

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🖼 African NFT Creators Show Huge Potential Across The World

The bands of non-fungible tokens (NFTs) have helped shape the previous trade of art, letting authors advertise these specialists and post their past work in innovative ways to encourage accomplices worldwide. Africans are among many seizing this opportunity as their narratives and expressions become better known around the world.

Source

NFTs | OpenSea | News

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🖼 BlockDAG’s Innovative Release Revolutionizes NFT Management

In the rapidly evolving world of digital assets, BlockDAG’s recent Dev Release 134 marks a significant leap forward by enhancing the capabilities of ERC-721 tokens. This update introduces advanced features aimed at optimizing efficiency and fortifying security for users dealing with non-fungible tokens (NFTs).

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NFTs | OpenSea | News

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NFT & Crypto Updates

🖼 $56.3M CryptoPunk NFT Sale Raises Eyebrows, Community Suspects Marketing Stunt

CryptoPunk 1563 was reportedly sold for 24,000 ETH, or $56.3m, in a seemingly groundbreaking transaction on Thursday. This sale is among the top-priced transactions for a CryptoPunk NFT so far. On closer examination, the sale appears to have used a flash loan. This means funds were borrowed and repaid within the same blockchain transaction. Consequently, this left ownership and value unchanged.

Source

NFTs | OpenSea | News

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🖼 Pos Indonesia Launches NFT Stamps Featuring Bird of Paradise

Pos Indonesia, the country’s state-owned postal service, has taken a bold step into the digital age by introducing its first-ever postage stamps with non-fungible token (NFT) counterparts. This innovative initiative was announced on their official Instagram account, showcasing a unique stamp featuring the “Cenderawasih,” or bird of paradise.

Source

NFTs | OpenSea | News

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🖼 CryptoPunks Dominate Top NFT Sales with $147K Transaction

CryptoPunks have proved their supremacy in the NFT market, pushing for more impressive sales within the last seven days. In the recent sales, CryptoPunk #9790 recorded more remarkable sales of $147, 000 which is the highest sale for the NFT within this period. Phoenix, a crypto analytical platform, shared the stats through X account depicting how NFTs are getting in demand in the crypto space.

Source

NFTs | OpenSea | News

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🖼 Justin Sun Launches Tron-Based NFT Pump Platform

Justin Sun announced the launchpad in a post on X (formerly Twitter). He cited the first-ever fair launch platform for NFT collections on the TRON network. Dubbed NFT Pump, the platform is live and available for users, including NFT enthusiasts, amateurs, and professionals alike. The new platform expands the range of offerings for the viral token launchpad and follows up on commitments the Tron executive made recently.

Source

NFTs | OpenSea | News

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🔫 Universal Peace Sanctuary Launches in The Sandbox Metaverse

Animoca Brands, in collaboration with metaverse architect Smobler, has launched the Universal Peace Sanctuary within The Sandbox metaverse. The initiative is a digital counterpart to the physical Universal Peace Sanctuary being built in Lumbini, Nepal, and provides a platform for users to reflect on the principles of peace and reconciliation.

Source

NFTs | OpenSea | News

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💰 Weekly NFT sales plunge to $73.7m, Solana network sales surge

The non-fungible token market has experienced a 4.2% drop in sales volume in the last seven days. This drop comes after a decent surge of 7.68% as reported in our last weekly NFT sales column. The latest data from Cryptoslam shows that NFT sales volume in the last seven days stood at $73.75 million.

Source

NFTs | OpenSea | News

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🖼 Flyfish Club Fined $750K by SEC for Selling NFT Securities

The U.S. Securities and Exchange Commission (SEC) has fined Flyfish Club, a restaurant project, with a hefty $750,000 settlement for allegedly selling unregistered crypto asset securities. According to a cease and desist order issued on September 16, Flyfish Club sold 1,600 NFTs to U.S. investors, making $14.8 million. The SEC claims these NFTs, which were meant to provide access to a yet-to-be-built Manhattan restaurant, were essentially securities and thus needed to be registered.

Source

NFTs | OpenSea | News

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🥇 Over 75M Ordinal Inscriptions and $4.5B in Sales—Bitcoin Finds Its NFT Footing

In the last year and nine months since December 2022, more than 75 million Ordinal inscriptions have been minted on the Bitcoin blockchain, according to the latest statistics. This technology has given Bitcoin a new role in the world of digital collectibles. Today, Bitcoin stands as the third-largest blockchain by non-fungible token (NFT) sales, carving out a significant position in the NFT ecosystem.

Source

NFTs | OpenSea | News

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🖼 Magic Eden Having ‘Best Year Ever’ Despite NFT Market Slump: CEO

While the NFT market has lost considerable steam since peaking two years ago, the marketplace Magic Eden has been reaching new heights on its own, according to CEO Jack Lu. When Magic Eden launched in September 2021, the NFT market saw $4.2 billion in JPEGs trade hands, according to CryptoSlam. At that time, Magic Eden was precluded from some of the NFT market’s buzziest projects, as the most successful ones ran rampant on Ethereum.

Source

NFTs | OpenSea | News

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🖼 Magic Eden CEO Welcomes 'Regulatory Clarity' After SEC Threat to NFT Rival OpenSea

NFT marketplace OpenSea signaled that it was braced for a regulatory crackdown last month, the disclosure delivered a jolt to Magic Eden CEO Jack Lu. “It all happened very suddenly,” he said in an interview with Decrypt (video below), adding that the San Francisco-based firm has not received a so-called Wells notice from the U.S. Securities and Exchange Commission (SEC).

Source

NFTs | OpenSea | News

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🖼 Gameloft Reveals 'Claynosaurz' Mobile Game Based on #Solana NFTs

Popular Solana NFT collection Claynosaurz and the 3D animation studio behind it are expanding into gaming. On Thursday, the makers of Claynosaurz announced a collaboration with leading game publisher Gameloft to develop a mobile game based on the brand. While specific details about the game have yet to be fully revealed, the development team hinted that it will combine elements of a "choose your own adventure" experience with gameplay reminiscent of hit location-based game, Pokémon Go.

Source

NFTs | OpenSea | News

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🖼 Donald Trump’s latest NFT launch depicts him as superhero, motorcyclist

The new collection features 50 NFTs selling for $99 each, with additional “trading cards” showing Trump as a boxer, dancing and even riding a motorcycle. In one of the cards, Trump holds a ball with a Bitcoin logo in his hand, highlighting him as a crypto-friendly presidential candidate.

Source

NFTs | OpenSea | News

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