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.
BAYC’s NFT Floor Price Hits New Low Amid ETH Spike: What’s Behind the Decline?
Bored Ape Yacht Club’s (BAYC) NFT collection experienced a significant decline in its floor price, dropping below 20 ETH to 17.99 ETH (roughly $66,000). On the other hand, the price...
NodeMonkes Surpasses Pudgy Penguins and MAYC in Market Cap
The Bitcoin NFT NodeMonkes has been creating waves in the NFT market with its recent price hikes. In an X post, Wu Blockchain pointed out that NodeMonkes, the 10k NFT...
Yuga Labs Acquires PROOF, Intends to Integrate Moonbirds into Otherside
Yuga Labs, the creator of Bored Ape Yacht Club, recently announced the acquisition of Kevin Rose’s NFT startup PROOF, which is well known for its NFT collections, including Moonbirds, Oddities,...
Joe Montana and John Elway Feature in Dapper Labs NFT Promotion Ahead of Super Bowl
Dapper Labs, one of the renowned blockchain companies in the NFT ecosystem, has reignited the NFT phenomenon ahead of Sunday’s Super Bowl. According to reports, the NFT creator is taking...
Latest Report Shows XRPL NFT Mints Explode 491% in Q4 2023
Prominent data analytic platform Messari has released a report capturing the state of XRP Ledger (XRPL), focusing on the final quarter of 2023. The report highlighted a staggering surge in...
U.S. Court Mandates Ryder Ripps to Pay Yuga Labs $9 Million in Final Judgment
Ryder Ripps, an American conceptual artist, has been fined $9 million in the case against Yuga Labs. Following a final judgment by U.S. District Judge John F. Walter, Ryder Ripps...
South Korean Telecom Giant Ceases NFT Operations
The decision to close MINCL is due to changing business circumstances. Users holding KT Wiz Rookie Pack NFTs were advised to transfer them to external wallets. KT Corporation, a South...
OpenSea Reacts Swiftly to Secure User Assets Amid Ledger Connect Breach
A recent security breach involving Ledger Connect has sent shockwaves through the NFT community, leaving many enthusiasts reeling from substantial losses and raising serious concerns about the safety of their...
Sportswear Giants Lead the Charge as Top Fashion Brands Embrace NFTs
A new study has confirmed that traditional fashion powerhouses like Adidas and Nike lead the waves in the NFT landscape. According to research from CoinGecko, sportswear brands are emerging as...
Crypto Influencer Says iNFTs Will Give Way to “Explosive Innovations”
Renowned cryptocurrency influencer Crypto Eri hinted at the potential of information non-fungible tokens (iNFTs) to boom as the digital asset space continues to expand. In a tweet on social media...
GameStop Bids Farewell to NFT Marketplace Amid Regulatory Uncertainty
Gaming retail giant GameStop has announced the imminent shutdown of its non-fungible token (NFT) marketplace, citing regulatory ambiguity in the crypto space. In a statement on the company’s website, GameStop...
NFT Craze Explodes: Collectible Tokens Like ICP, STX, IMX, RNDR, THETA Soar!
Cryptocurrencies with links to NFT projects are having a field day in the market, according to CoinMarketCap data. But out of all the tokens, Internet Computer (ICP), Stacks (STX), Immutable...
CryptoZoo NFT Investors Set to Reclaim Investments, ZOO Holders Excluded
Despite a $400K investment, CryptoZoo will not be released due to regulatory hurdles. Logan Paul announces a buy-back program for CryptoZoo NFTs, aiming to refund investors. The buy-back excludes ZOO...
Trump Cashes Out NFT Sales: Is He Funding His 2024 Campaign with Crypto?
Former U.S. President Donald Trump has been reported cashing out a substantial amount of Ether (ETH) earned from selling his NFTs. What’s raising eyebrows is the speculation that Trump might...
China Charts Course for Web 3.0 Innovation, NFT And dApps In Focus
The Chinese central government has announced plans to draft a strategic document for the development of Web 3.0. The initiative aims to foster the growth of non-fungible tokens (NFTs) and...
Will Bitcoin NFTs Break Network? Analyst Warns of Stress, Hash War
In a recent tweet, a renowned Bitcoin analyst with X username “MDB” shared a mixed perspective on the growing trend of Bitcoin ordinal inscriptions, otherwise called NFTs, arguing potential stress...
Research Firm Launches Public Poll on Ronaldo’s $1B Binance NFT Ads Suit
Real Research, a blockchain-powered research platform, has taken to social media to seek public opinion on the high-profile $1 billion lawsuit against the football legend Cristiano Ronaldo over his alliance...
Casio Launches Second NFT Collection in Less Than Four Months
Casio, the renowned Japanese electronic company, has continued to participate in the NFT space by launching a second batch of exclusive digital art collectibles in less than four months. The...
NFT Market Shows Signs of Recovery with Increased Trading Volume
The non-fungible token (NFT) market is witnessing a cautious revival, as recent data from IntoTheBlock indicates a modest increase in trading volumes. This shift marks a break from the persistent...
Trump Launches Mugshot NFT Collection — Bearish for His Previous NFTs?
Former U.S. President Donald Trump has unveiled his third collection of non-fungible tokens (NFTs), known as Trump Digital Trading Cards MugShot Edition. Announced via Trump’s Truth Social account, the newest...
NFTs May Not Perform as Expected During the Next Bull Cycle
In an X post shared earlier today, the head of research at K33 Research, Anders Helseth, cautioned people to steer clear of NFTs during the next bull cycle. Helseth pointed...
Charles Hoskinson Unintentionally Boosts an NFT; Ethereum Sees Decline in NFT Volume
The founder of Cardano, Charles Hoskinson, inadvertently sparked a surge in interest for the NFT project named Freya when he shared a now-deleted picture on X featuring himself and his...
NFT Volumes Break 7-Month Downtrend, Surging to $915M
In a recent report, the research team at the leading crypto exchange, Binance, disclosed that the NFT market has experienced a sudden break out from a longstanding bearish trend. According...
Ether Price Thrives With 60% YTD, While NFTs Face a 45% YTD Downturn
According to CoinGecko, the price of Ether is up by 60% year-to-date (YTD) as of this writing, benefiting from a market-wide price rally. However, ForkastLabs’ 500 NFT index, which measures...
Square Enix To Launch First ETH NFT Game Symbiogenesis 500 Characters
Square Enix is launching its first Ethereum-based NFT game, Symbiogenesis. The game’s character auction will be held in three stages starting November 27. The three-wave distribution will see ten characters...
