NFTs

NFT Weekly: The Popping of the NFT Bubble Has Been Declared Again, but Investments Keep Coming

NFT Weekly: The Popping of the NFT Bubble Has Been Declared Again, but Investments Keep Coming
NFT Weekly: The Popping of the NFT Bubble Has Been Declared Again, but Investments Keep...
May 04, 2022  |  NFTs

Welcome to PYMNTS’ new weekly report on all things non-fungible token (NFT). NFTs carrying art, video, audio and other media files have gotten a lot...

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NFT Sales Drop 92% Since September’s High
NFT Sales Drop 92% Since September’s High
May 03, 2022  |  NFTs

The NFT market seems to be doing poorly, if the daily average of 19,000 this week is any indication – a drop of 92% from...

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Bored Apes NFT Rampage Spikes Transaction Fees to $200M for 55,000 Sales
Bored Apes NFT Rampage Spikes Transaction Fees to $200M for 55,000 Sales
May 02, 2022  |  Blockchain

One of the top non-fungible token (NFT) lines sold off 55,000 NFTs for a record-setting $317 million. The transaction fees for those sales? $4,000 to...

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Vatican’s Art, Content to be Housed in VR and NFT Gallery
Vatican’s Art, Content to be Housed in VR and NFT Gallery
May 02, 2022  |  NFTs

Metaverse developer Sensorium has partnered with the Humanity 2.0 Foundation to develop a virtual reality (VR) and nonfungible token (NFT) gallery hosting the Vatican’s art,...

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Virtual Land Grab Raises $320M in Crypto for Developers of Bored Ape Metaverse
Virtual Land Grab Raises $320M in Crypto for Developers of Bored Ape Metaverse
May 01, 2022  |  Metaverse

Yuga Labs, which makes the non-fungible tokens (NFTs) of the popular Bored Apes Yacht Club collection, is selling virtual land for its metaverse project Otherside,...

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Joint Chiefs of Global Tax Enforcement Eye NFT Risks
Joint Chiefs of Global Tax Enforcement Eye NFT Risks
April 29, 2022  |  NFTs

The Joint Chiefs of Global Tax Enforcement (J5) have released an intelligence bulletin called the “J5 NFT Marketplace Red Flag Indicators” that warns banks, law...

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Bored Ape Yacht Club Preps $300M Metaverse Land Sale
Bored Ape Yacht Club Preps $300M Metaverse Land Sale
April 29, 2022  |  Metaverse

The founders of the Bored Ape Yacht Club say they’ll generate up to $300 million in cryptocurrency by selling land in the metaverse this weekend....

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Coinbase Sees Slow Uptake for NFT Marketplace Test
Coinbase Sees Slow Uptake for NFT Marketplace Test
April 28, 2022  |  NFTs

Coinbase rolled out a beta for its NFT marketplace last week, Coindesk reported Thursday (April 28), and there has been some activity data released. The...

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