NFT


Finance

DappRadar Shuts Down, Citing ‘Financially Unsustainable’ Market

Launched in 2018, the platform had grown into one of the most prominent analytics hubs for on-chain activity.

Civil is shutting down after three years. (Credit: Shutterstock)

Markets

XRP Ledger Validator Sees NFT-to-NFT Trading Potential in Proposed 'Batch' Amendment

The proposed Batch amendment for the XRP Ledger introduces atomic transaction capabilities.

Blockchain Technology

Tech

American Express Introduces Blockchain-Based ‘Travel Stamps’

The digital passport stamps are designed to record and commemorate the travel experience.

AmEx card (Shutterstock)

Markets

Christie’s Closes Digital Art Department as NFT Market Stays Frozen

Christie's pivot follows its high-profile role at Hong Kong Fintech Week 2024, where digital art and AI were center stage.

Christie's Art + Tech Summit at Hong Kong Fintech Week in 2024 (Chris Lam/CoinDesk)

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Finance

OpenSea Teases SEA Token With Final Phase of Rewards Amid App Launch

Further details will be released in October, nearly 12 months after it was initially announced.

CoinDesk

Finance

'NFTs Turned Out to Be a Fad,’ Says Kevin O’Leary as He Buys $13M Collectible Card

The Shark Tank investor sees NFTs as a "fad," reveals investment thesis in high-end physical collectibles.

Kevin O'Leary (CoinDesk)

Policy

Yuga Labs Bored Ape Yacht Club $9M Win Against Ryder Ripps Overturned, Must Better Prove Trademark Infringement

Yuga Labs will need to continue defending its suit against Ryder Ripps, the creator of RR/BAYC.

Mutant Ape Yacht Club #3850 (Yuga Labs)

Markets

Coinbase’s Pudgy Penguin Avatar Change, ETF Hopes Ignite 60% PENGU Rally

The move also lifted the floor price of Pudgy Penguin NFTs and increased volume by nearly 690%.

Pudgy Penguins is a collection of 8,888 unique penguins with proof of ownership stored on the Ethereum blockchain. (Screenshot: OpenSea)

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Finance

OpenSea Acquires Rally as It Continues to Pivot to Token Trading

Rally's CEO Chris Maddern will become OpenSea's CTO as a part of the acquisition.

OpenSea platform (OpenSea)

Finance

OpenSea Announces Upgraded Platform, Says SEA Token Airdrop to Come Later

OpenSea has still not set a date for the token release.

OpenSea platform (OpenSea)