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.
Data Shows GameFi, Play-to-earn NFT Investors in 91% Loss Since 2022
In a recent tweet, Nansen, a prominent blockchain data analytic firm, highlighted the performance of art NFTs. It revealed that since January 2022, art NFTs have been the standout performers...
SEC Takes Its First Enforcement Action Against NFT Offerings
The U.S. Securities and Exchange Commission on Monday announced its first enforcement action against NFTs after it accused Impact Theory of offering investment contracts to hundreds of investors. The wall...
Top 5 NFT Collections Sales Slump Further Amid Market Crash
The top five NFTs by market capitalization experienced a significant sales drop in the past 24 hours, according to data from CoinMarketCap. The development further compounds the continued crash of...
Trump Cards Surge Amid The Former President’s Mugshot Release
The trading volume of Trump Digital Trading Cards has surged over 177% amid the arrest of former President Donald Trump. Trump’s NFT trading volume rose to 37.93 ETH, marking a...
OpenSea Ranks First in the Top 10 NFT Marketplaces by Number of Traders
Crypto Rank, a crypto market insights and analytics platform, shared on August 24 the top 10 NFT marketplaces based on 30 days of active traders. On top of the list...
OpenSea Ex-Manager Faces Imprisonment for NFT Insider Trading, Requests Bail
Former Product Manager Nathaniel Chastain of Ozone Networks, also known as OpenSea, has been sentenced to three months in prison for the first-ever insider trading involving Non-Fungible Tokens (NFTs). U.S....
Recur Closes, Yuga Labs Battles with Open Sea: Is the NFT Market Dying?
According to recent reports, Recur, the NFT marketplace, announced that it was shutting down its operations due to harsh market conditions. “As we announced on August 18th, the RECUR platform...
$1 Million NFT Creator Fund Launched by Magic Eden and Polygon
Teaming up with Polygon, leading NFT marketplace Magic Eden has announced the launch of a dedicated $1 million creator fund, aimed to empower and nurture the next generation of NFT...
McDonald’s Singapore to Launch 2,000 Non-Tradable Grimace NFTs
McDonald’s character Grimace is set to make its mark in the NFT space. This comes amid a collaboration with Singapore-based crypto firm Bandwagon Labs and local NFT artist The Hidden...
McDonald’s Singapore Launches 2000 Grimace Digital Collectibles
McDonald’s Singapore has announced the release of 2000 NFTs in the upcoming week. The digital collectibles are a collaboration between McDonald’s with the metaverse service provider Bandwagon Labs and the...
NFT Collector’s Four Biggest NFT Collections Worth Over $10 Million
The four biggest NFT collections of Taiwanese music celebrity and tech entrepreneur Jeffrey Huang, also known as “Machi Big Brother” on social media, are worth more than $10,000,000, a report...
Top 5 NFTs Ranked by Highest Price Stats on CoinMarketCap
CoinMarketCap, the cryptocurrency data aggregation platform, has categorized non-fungible tmokens (NFTs) according to their price stats. The categorization is based on the prices of the NFT collections and individual assets...
Coca-Cola Launches Its First NFT Collection on Coinbase’s Base
The American multinational company Coca-Cola announced the launch of its first NFT collection, Masterpiece, as part of the industry giant embracing non-fungible tokens. The company introduced the NFT collection on...
U.S. Lawmakers Take Issue With Apple’s Policies For NFTs And Crypto
Members of the United States Congress have taken aim at tech giant Apple for the seemingly restrictive guidelines followed by its iOS App Store. The lawmakers raised concerns about the...
“Art NFTs Will Bring Billions into Web3,” Claims NFT Experts
In Twitter Space’s recently conducted by Huobi with Altcoin Buzz, NFT experts and enthusiasts expressed their views on how art could transform the NFT space and vice versa. “Blockchain truly...
Reddit Announces GEN 4 Avatars Launch Evoking Criticism
Reddit, the American social networking platform, recently announced the launch of a new set of NFT collections, the fourth-generation avatars entitled Retro Reimagined, evoking stark criticism from the crypto community....
Royalties To NFT Projects On Ethereum Reach 699,816 ETH
The total royalties paid out to NFT projects on Ethereum have reached 699,816 ETH, which is roughly $1.29 billion. Deranzxc, an analyst for on-chain analytics firm Nansen, shared his in-depth...
Beeple Challenges AI As Solution To Digital Collectibles Market Slump
Beeple, the artist behind the $69 million NFT sale which propelled the popularity of NFTs into the mainstream media, has once again made it to the headlines with his hot-take...
Warner Bros Launches The Flash Web3 Movie Experience As NFT
Warner Bros Home Entertainment, the hit entertainment studio behind movies like The Dark Knight and Justice League, has launched its newest superhero film, The Flash, on the blockchain. The release...
OpenSea Lens Protocol Profiles NFTs Witness Steep Price Decline to $50
The floor price of Lens Protocol Profiles NFTs on OpenSea, the popular marketplace for non-fungible tokens (NFTs), has witnessed a significant drop, as revealed by prominent Chinese crypto reporter Colin...
Trump’s Crypto Wallet and NFT Revenue Revealed in New Disclosure
Former U.S. President Donald Trump recently revealed intriguing details about his NFT involvement in a revised financial disclosure form submitted to the Office of Government Ethics, bearing details of $1...
Ethereum NFTs Minting Data Suggests Bear Market Bottom in Place
Nansen data suggests the possibility of a bottom in the NFT bear market. Ethereum NFTs minted in June 2023 reflected a 48% increase from the previous month. May 2023 marked...
Crypto Twitter Mocks Justin Bieber’s NFT as It Crashes 99% To $59K
A recent tweet by SAY CHEESE, a Twitter user based in the United States, has ignited a firestorm of discussions surrounding pop star Justin Bieber’s ill-fated purchase of a Bored...
Azuki Fiasco Causes NFT Market to Crash, Claims Report
Sharing the latest analytics, Colin Wu from Wu Blockchain reported that the NFT market fell sharply again in the past 24 hours as a result of the “Azuki incident.” The...
SOL Surpassed ETH in Daily NFT Sales for the First Time Ever
A Solana (SOL) data analytics platform, Step Data Insights, took to Twitter on Friday to announce that Solana flipped Ethereum (ETH) in terms of 24-hour NFT sales volume for the...
