The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The IP token, which launched in February, is currently trading at around $6.4, up about 125% in the past month.
A U.S. appeals court overturned former OpenSea employee Nathanial Chastain's fraud and money laundering convictions.
The surge in interest in the series was likely caused by GameSquare issuing $5.15 million in preferred shares to purchase Punk #5577.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Unlike many ETH treasury plays, GameSquare is looking to maximize returns by deploying into novel sectors like DeFi and NFTs.
Takashi Murakami said he is launching '108 Flowers Revised' collectible cards as NFTs, available on the Base app.
The court vacated the previous $9 million ruling against Ryder Ripps, sending the case back to a lower court for a trial.
GameSquare recently purchased $30 million worth of ETH, acquiring approximately 8,351 tokens at an average price of $3,592 per ETH.
The NFT market appears to be benefiting from the broader bullish sentiment in the crypto sector, analysts said.
NFT trade volume on Ethereum has more than tripled over the past two weeks, coinciding with ETH's rise in price.
The move marks the popular memecoin generator’s first acquisition and comes days ahead of the platform's much-anticipated ICO.
The memecoin is currently trading above $0.21, about 66.13% away from an all-time high set in November 2024.
It's not the famous rapper's first foray into the industry, having been actively involved in NFTs and crypto for over a decade.
Capital will support the development of the open-world shooter "Reaper Actual," slated for release on Steam and the Epic Games Store.
Alex Atallah previously co-founded OpenSea with CEO Devin Finzer in 2018 but stepped down from the NFT marketplace in 2022.
OpenSea's new rewards program and broader utility-focused developments signal a shift from speculation to functional use cases.
The application, called Take My Ape, uses a process known as Liquifaction that allows users to take control of a Bored Ape NFT that they do not own for a limited period.
The NFT brand has had some success selling physical merchandise in major retail stores like Walmart and Target.
NFT marketplace OpenSea saw 467,322 active users last month, as its revamped OS2 platform recently exited beta stage.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Mythical Games, one of the largest blockchain gaming companies, will launch the mobile game "FIFA Rivals" on June 12.
Bored Apes creator Yuga Labs proposed terminating its ApeCoin DAO to set up a new governance entity named ApeCo.
President Donald Trump's three sons said this week that the Trump Organization "has zero involvement” with the wallet.
This is the second time this month that Yuga Labs has sold what was once considered prime web3 intellectual property.
PSG, facing off in the Champions League soccer finals this weekend, is also looking to invest in "Bitcoin entrepreneurs" and "Bitcoin ventures."
OpenSea's OS2 platform has exited beta, launching a new "Voyages" rewards program alongside the public release.
Anonymous developer "Tyler Durden" has launched @MRKT, a new TON-based NFT marketplace, inside Telegram for trading digital collectibles.
The creator of the DeGods and y00ts NFT series said he is "not ‘on the run’" while announcing his retirement.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.