Emblem Vault NFT sales increases by 225% in one week
NFT enthusiasts have been reunited with some of the rarest and oldest NFTs thanks to Emblem Vault. According to NFT data aggregator CryptoSlam, NFT project Emblem Vault has exploded in the last month to become the second-largest NFT project by sales volume. Emblem Vault NFTs earned almost $5 million in sales in the last 24 […]
John Cena refers to his personal NFT sales as a “catastrophic failure”
Wrestling Entertainment offered 500 $1,000 gold tier packages with Cena’s NFT, but only a small percentage of them were sold. Fans only bought 7.4 percent of the World Wrestling Entertainment, or WWE, non-fungible tokens he made available last month, according to professional wrestler and actor John Cena . Cena said it was a mistake to […]
MISO, SushiSwap’s token launchpad, hacked for $3 million
After receiving no response from the suspected hacker, SushiSwap’s CTO will instruct their lawyer to “file an IC3 complaint with the FBI.” A hacker gained access to the supply chain of SushiSwap’s token launchpad platform, MISO, according to Joseph Delong, chief technology officer of the decentralized finance (DeFi) platform. “An anonymous contractor with the GH […]
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, […]
Chinese Communist Party issues warning about the NFT hype bubble
When the NFT bubble bursts, the local news publication, acting as the party’s spokesperson, warns of a significant reduction in the value of the party’s assets. The Chinese government has issued a series of remarks criticizing the value of the non-fungible token (or NFT) market, despite the fact that the technology is being pursued by […]