Last year was not a good one for non-fungible tokens (NFTs). Sales for the blockchain-based digital assets fell 63% to $8.7 billion in 2023, even with volume tripling between October and November, Bloomberg News reported Sunday (Jan. 14), citing data from CryptoSlam. As that report notes, NFTs...
Solana’s cryptocurrency, SOL, which experienced a 94% decline in 2022, has reportedly made a comeback, attracting the attention of digital asset investors. The SOL token has surged in price by almost 800% since December 2022, Bloomberg reported Thursday (Dec. 21). One of the key reasons for Solana’s...
Hackers have apparently stolen millions of dollars worth of non-fungible tokens (NFTs) in a recent security breach. Peer-to-peer trading platform NFT Trader confirmed the breach on X Saturday (Dec. 16), saying it had “suffered an attack on old smart contracts.” And the website Revoke.cash said that the...
Soccer star Cristiano Ronaldo is reportedly being sued for promoting embattled cryptocurrency exchange Binance. The $1 billion class-action suit, filed last week in the District Court for the Southern District of Florida, alleges that Ronaldo “promoted, assisted in, and/or actively participated in the offer and sale of unregistered...
August 29, 2023
The year 2023 will forever be remembered as the year the U.S. Securities and Exchange Commission (SEC) went to war with crypto. Determining who is truly trying to innovate a new and exciting financial category, versus who is a digital asset scam artist, remains among the central questions circling the crypto space. This, as the […]
October 24, 2022
Earnings are trickling in as October moves into its last few trading sessions. And so far, we’re getting a look at some of the pockets of resilience where consumers continue...
September 02, 2022
The possibilities of Web3 are becoming increasingly apparent. This newest iteration of the internet will feature a strong emphasis on decentralized applications, heavy use of machine learning and artificial intelligence...
August 18, 2022
If nonfungible tokens (NFTs) are to become something more than a crypto-powered way to buy, sell and display pictures of Bored Apes and CryptoKitties, entertainment companies are going to have...
January 19, 2024
ChainGPT, an artificial intelligence (AI)-powered Web3 infrastructure provider, has unveiled a platform that brings AI-powered auto-trading to the world of cryptocurrencies. This launch of the GT Protocol is made possible through a strategic partnership with ChainGPT Pad, a launchpad and incubator supporting promising Web3 startups, the company said in a Friday (Jan. 19) press release. […]
January 14, 2024
Last year was not a good one for non-fungible tokens (NFTs). Sales for the blockchain-based digital assets fell 63% to $8.7 billion in 2023, even with volume tripling between October and November,...
December 21, 2023
Solana’s cryptocurrency, SOL, which experienced a 94% decline in 2022, has reportedly made a comeback, attracting the attention of digital asset investors. The SOL token has surged in price by...
December 17, 2023
Hackers have apparently stolen millions of dollars worth of non-fungible tokens (NFTs) in a recent security breach. Peer-to-peer trading platform NFT Trader confirmed the breach on X Saturday (Dec. 16), saying it...
