OpenSea’s NFT volume drops almost 50% after a surge in August
Following a massive rise in sales volume of $4 billion for the leading nonfungible token (NFT), marketplace OpenSea during the month of August, the latest numbers do not match up to those in August. NFT marketplaces have mainly followed the bearish trend seen in cryptocurrency markets over the last week, with price adjustments in platforms, […]
Swiss exchange SIX receives permission to launch crypto marketplace
The Switzerland financial authority has today approved SIX Swiss Exchange for the launch of a digital asset marketplace utilising DLT. On Friday, the Swiss Financial Market Supervisory Authority, or FINMA, approved SIX, a licensed Swiss exchange, to start a distributed ledger-based digital asset marketplace and central securities repository. Despite its initial plans to launch in […]
FTX exchange increases the cost of minting NFTs on its new marketplace
FTX.US have increased the charges for NFT submissions on its marketplace after users spammed the platform with fish pictures. After users bombarded the exchange with fish pictures, FTX.US temporarily increased the cost of minting an NFT on its new non-fungible token marketplace to $500. “We are now charging a one-time $500 fee to submit NFTs […]
Binance NFT marketplace is now open for Business
The Binance marketplace for NFTs is now live and users can participate following some set out rules. The Binance NFT Marketplace is now open to provide you with a complete NFT marketplace experience! Binance launched its first premium auction, called “Genesis,” as well as the “Mystery Box” and the marketplace for the recently announced “100 […]
CoinFund sponsors a $14 million fundraising round for Rarible.
Rarible announced on Wednesday that crypto investment firm Coinfund and Venrock, the Rockefeller family’s venture capital arm, had led a $14.2 million Series A financing round for the nonfungible token (NFT), platform. The latest $14.2 million fundraising round for Rarible, the internet marketplace behind many nonfungible token listings, was spearheaded by major crypto venture capital […]