NFT News
Welcome to Coin Edition’s page on NFT News! On this page, we talk about all the latest news and developments of your favorite NFT projects and marketplaces. Coin Edition ensures that you, our readers, are up to date with NFT News happening 24/7 and from all over the globe. NFT News is a huge and prominent topic within the growing blockchain world, and it only continues to grow as we speak. As such, it is our responsibility at Coin Edition to compile all the latest NFT News for posterity’s sake. Therefore, grab your favorite Non-Fungible Token, prepare your gas/minting fees, and let’s jump right into the open sea of NFT News here at Coin Edition.
Nike’s RTKFT NFTs Generated Over $185M in Revenue This Year
Nike’s NFT-based project has made over $185 million in revenue this year. With this, Nike positioned itself as the brand with the highest earnings in NFTs in 2022 to date. ...
NFTfi Project BendDAO’s Ethereum (ETH) Supply Has Been Depleted
ETH loaner BendDAO has run out of Ethereum. This means that users are no longer able to withdraw their funds. BAYC is approaching mass liquidation in BendDAO. The “NFTfi” project...
Gamestop NFTs Take a Hit as Daily Revenue Drops Below $4000
GameStop’s NFT marketplaces’ daily revenue drops below $4000. The top 50 developers on GameStop’s NFT marketplace generated just over $10 million in 30 days. HyperViciouZ has the largest 24-hour sales...
BendDAO May Liquidate Nearly $55M worth of Bored Ape NFT
Some owners of Bored Ape Yacht Club NFTs who pledged them as security for ETH loans have defaulted. The loan has a 48-hour grace period before liquidation kicks. The floor...
Chinese Firm Tencent Stops Recently Launched NFT Platform, Huanhe
Tencent has shut down one of its NFT trading platforms, just a year after its launch. Owners of current collectibles, however, will still be able to hold, exhibit, or ask...
Yuga Labs NFTs Surge in USD Sales Alongside Ethereum Price Pump
Leading Yuga Labs NFT creations have witnessed a surge in trading volume in the last 24 hours. The three leading Yuga Labs NFT collections recorded up to $2.3 million since...
Pudgy Penguins’ NFT Prices Surge With Toys License Introduction
Pudgy Penguins decides to license selected NFTs to be made into physical toys. Luca Netz took over Pudgy Penguin for 750 ETH. The floor price stood at 2.63 ETH, an...
Sky Mavis’ Axie Infinity Prepares for Phase 3, Season 0 Released
Axie Infinity announces the Season 0 update along with the third phase of its Origin launch. The main additions in the update are NFT runes and charms and changes to...
OpenSea Implements New Anti-Theft Policy to Combat NFT Thievery
OpenSea to incorporate new stolen item policy to combat NFT theft. The policy resembles US law wherein the sale of stolen property knowingly is banned. OpenSea is also seeking alternative...
Magic Eden Eyeing To Build Marketplace for ApeCoin Community
Magic Eden revealed a proposal to build an official Bored Ape Yacht Club NFT marketplace for ApeCoin users. NFT buyers and sellers with APE are said to benefit. Magic Eden...
Samsung Electronics To Commit to NFTs with Real World Benefits
Samsung Electronics and Theta Labs signed an MOU to operate on the Galaxy NFT ecosystem. Theta Network to launch an offline NFT utility campaign together with Samsung. Last February, the...
