Data shows $896 million has been spent on NFTs over the past 30 days
After spending about $900 million on nonfungible token (NFTs) sales over the past 30 days, August is shaping up to be a record-breaking month for nonfungible token sales. NFTs have received $896 million in spending over the past 30 days, according to data from the tracking portal Nonfungible. By the end of the month, the […]
NFTs have replaced Lambos as the new crypto status symbol
No matter how much the crypto conversation changes, NFTs continue to dominate it, with PNGs on social media profile pictures becoming the new craze. Lamborghinis were the main “flex” for cryptocurrency “moon-boys” a few years ago, when token prices reached astronomical levels. In the cryptocurrency industry, several high-profile cryptocurrency proponents made it a point to […]
Fox Corporation invests in Eluvio to boost its NFTs plan
Fox Corporation, a leading American media giant, is diving deeper into the NFT ecosystem and has made strategic investment in Eluvio, a digital content management startup, to assist expand Fox’s non-fungible token business. According to a press release dated Aug. 25, Fox Corporation’s investment completes Eluvio’s Series A funding round at a valuation of $100 […]
Messiverse NFT collection set for launch
Lionel Messi’s non-fungible token (NFT) collection also known as ‘Messiverse’ is getting ready to launch and will go on sale on August 21. The collection will be hosted solely on the NFT platform Ethernity Chain. The Messiverse will include NFTs such as “The Golden One,” “The Man From Tomor row,” and “The King Piece,” according […]
Galaxy Digital’s head Mike Novogratz undaunted by $175.8M loss in Q2
Mike Novogratz, founder and CEO of Galaxy Digital, was undaunted by the company’s $175.8 million loss, emphasising the necessity of digital asset adoption. Galaxy Digital Holdings , Mike Novogratz’s crypto investing firm, has reported a $175.8 million loss in the second quarter. The amount stands in stark contrast to the company’s first-quarter report, which showed […]