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.
Blend Generated More Than $365M In Borrowing Volume In May
Earlier today, the crypto market intelligence platform Messari revealed on Twitter that Blur Lending (Blend) saw a massive increase in its volume in May of this year. According to the...
French Authorities Investigating $6.3M NFT Rug Pull Exposed by ZachXBT
ZachXBT’s investigation reveals the NFT rug pull Animoon is under criminal investigation by French authorities. The Prosecutor of the Republic of Paris initiated the investigations, which have been conducted by...
Many Long-Term BAYC Holders Sell Their NFTs in the Last 7 Days
According to Nansen, a blockchain data and research platform, many long-term Bored Ape Yacht Club (BAYC) NFT holders sold their NFTs in the last seven days. In a Twitter post,...
“Optimus to the Moon” with the Launch of Satellite Imagery NFT
Optimus Vision Fund acquired Mission Helios, for an undisclosed sum with the aim of launching a satellite imagery NFT collection. Mission Helios, the first-ever decentralized space community to launch an...
Finblox Partners with Binance: Launches NFT Collection Bloxies
The gamified digital asset platform Finblox has collaborated with the leading digital asset trading platform Binance, announcing the launch of the PFP NFT collection Bloxies, which features 10,000 distinct AI...
Nike and EA Sports to Introduce NFTs for Artistic Self-Expression
In a groundbreaking collaboration, Nike and EA Sports are set to launch a new project that will revolutionize the world of NFTs and artistic self-expression within the realm of sports....
Fracton Protocol Unveils hiBAKC, the Latest Fractional NFT on KuCoin
Fracton Protocol, in collaboration with KuCoin, has unveiled its latest addition to the list of fractionalized NFTs with the introduction of hiBAKC. hiBAKC has already made waves in the market,...
Crypto Analyst: Metaverse, GameFi Crucial for Next Bull Cycle
Metaverse and GameFi will be crucial in the next bull cycle, says crypto and NFT investor Crypto Tony. In a recent tweet, Tony told his followers his focus is on...
Lido NFTs Axed from Nansen’s Service After Mint Volume Mishap
Blockchain analytics platform Nansen has announced the removal of Lido NFTs from its NFT Paradise service. Nansen’s NFT Paradise is a platform offering detailed analytics on the NFT market, helping...
Lady Ape Club Launches LAC Rewards With Native Token Airdrop
Lady Ape Club (LAC) announced the launch of its native token, LAC. Furthermore, the trending NFT collection has already begun airdrop of LAC tokens for its users from May 22...
NFT Marketplaces Diminish in Ethereum Gas Use Amid Fee Crisis
In a notable shift in Ethereum’s gas consumption patterns, Non-Fungible Tokens (NFTs) no longer reign as the top gas guzzlers on the network. Data from the crypto analytics platform Nansen...
Solana vs. Polygon: Top NFT Blockchains by Trading Volume
The latest NFT report by DappRadar shows that Ethereum’s dominance of the NFT market when it comes to NFT sales has slipped to just 5.7%. DappRadar also highlighted that the...
Multichain Token System Pantos to Unveils its Multichain Token Creator
Multichain Token System Pantos has announced the public release of its Multichain Token Creator. Pantos will showcase the Token Creator to the public for the first time during Super Demo...
ParaSpace Accuses Its CEO of Mismanaging Funds in the Wake of a Hack
ParaSpace hack resulted in the loss of over 50% of user funds. The platform has recovered $5.4 million from the funds. ParaSpace removed the CEO’s admin access, but he has...
NFT Loan Volume Skyrockets to $67 Million as Blend Leads the Charge
NFT loan transaction volume reaches a six-month high of $67 million, with Blend capturing 75% of the market share. Blend’s introduction correlates with a short-term increase in the floor prices...
Fracton Protocol Emerges as Top Holder in Blue-Chip NFT Collections
Fracton Protocol announced today that it had achieved a major milestone by becoming the top holder in several renowned blue-chip NFT collections. Fracton Protocol’s holdings include Doodles, Mfers, Valhalla, Genuine...
The Oracle’s Verse Launches as World’s First Collaborative Crypto-Novel
A new era of literature has dawned with the launch of The Oracle’s Verse, the world’s first-ever collaborative “crypto-novel” by the decentralized artist collective, The Quest of Evolution. The project,...
MAYC #8530 Stolen by Phishing Account, Sold for 10.7 Blur Pool
PeckShield blockchain security and data analytics company has alerted of the stolen Mutant Ape Yacht Club (MAYC) #8530 non-fungible token (NFT) by the phishing account Fake_Phishing 178866, as identified by...
Grayscale Reports Explosive Popularity of Ordinals, a New NFT on BTC
According to a report from Grayscale Bitcoin Trust (GBTC), the largest institutional crypto fund, a new non-fungible token (NFT) called Ordinals is quickly gaining popularity on the Bitcoin network. In...
Top 7 Collectibles & NFTs Tokens by Market Capitalization
ALU/USD Despite Altura partnering with UltiverseDAO, a metaverse platform offering diverse MetaFi and Dapp user experiences, on April 24, another announcement on April 27 managed to top it among the...
Blur Ranks First Among Top 10 NFT Marketplaces By Trading Volume
Crypto analyst Ben GCrypto took to Twitter to announce the top 10 NFT marketplaces based on their trading volume for the last 30 days. From the analyst’s list, Blur, OpenSea,...
NFT Market in a Slump; Lack of Demand Concerns Sellers
The NFT market has seen a persistent surplus of sellers compared to buyers throughout the month of April, according to data from analytics platform NFTGo. On April 26th, 8,641 sellers...
Yuga Labs Wins Legal Battle Against Ripps, Cahen Over NFT Collection
Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC), has won a legal dispute against Ryder Ripps and Jeremy Cahen regarding their satirical NFT collection, as ruled by...
Trump’s Series One NFT Prices Plummet by 60% After New NFT Release
Former US President Donald Trump has released a second set of NFT digital trading cards. While tens of thousands of new collectibles are now available for mint, the floor price...
Now Is a Buying Opportunity for CryptoPunks Amid ETH Pressure: Analyst
In a recent tweet, Raoul Pal, the CEO of Global Macroinvestor.com, highlighted that the prices of CryptoPunks, a popular NFT project, have been under pressure in Ethereum (ETH) terms due...
