NFT
67% of New NFTs Minted Are Profitable: Nansen Data
According to Nansen data, 67% of new non-fungible token (NFT) mints in May are profitable. Separately, Dune Analytics notes a declining number of monthly active traders this year on Opensea, the largest NFT marketplace, amid increased weekly volume on Blur, an NFT platform geared towards professional traders. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Exploring the Dangers Of NFT Influencer Culture
A non-fungible token (NFT) charity scam surrounding the Pixel Penguins collection is illuminating the potential dangers of NFT influencer culture. "The Hash" panel discusses the scam and the lessons learned.
Sotheby’s to Auction Off More NFTs Seized From 3AC, Including Landmark Dmitri Cherniak Work
Sotheby's is set to auction off more non-fungible tokens (NFTs) seized from bankrupt crypto hedge fund Three Arrows Capital (3AC), bringing high-value NFTs like Dmitri Cherniak's Ringers #879 (often referred to as "The Goose") out from the vault for the first time since 2021. "The Hash" panel discusses the latest move potentially bringing crypto and digital collectibles to the mainstream.
BRC-721E Token Standard Converts Ethereum NFTs to Bitcoin NFTs
Bitcoin Miladys, the Bitcoin-based derivative of the popular Miladys NFT collection, introduced its BRC-721E token standard in collaboration with Bitcoin-based NFT marketplace Ordinals Market and Bitcoin wallet Xverse. The token standard is said to act as a bridge between the Ethereum and Bitcoin networks, allowing traders to convert their ERC-721 NFTs to BRC-721E tokens on Bitcoin. "The Hash" panel discusses what this means for the future of NFTs and bitcoin.
Blend Has Taken 82% of NFT Lending Market Share: DappRadar
Non-fungible token (NFT) marketplace Blur's lending platform Blend has captured about $308 million in trading volume in just 22 days since its launch, seizing 82% of total NFT lending market share, according to a report from blockchain data aggregator DappRadar. DappRadar Web3 analyst Sara Gherghelas discusses the report's key takeaways and the state of the digital collectibles market.
F1 Ticket Provider Platinum Group Introduces NFT Tickets for Global Racing Event
The NFTs, debuting this weekend at the Monaco Grand Prix, offer collectors access to the race as well as future loyalty benefits.
Binance Introducing NFT Loan Feature
Binance marketplace is launching a non-fungible token (NFT) loan feature where digital asset holders can secure ETH loans by using their NFTs as collateral. "The Hash" panel breaks down the new service and what it means for NFT holders.
Blend Seizes 82% of NFT Lending Market Share: DappRadar
Since NFT lending marketplace Blend launched May 1, it has amassed 169,900 ETH, or about $308 Million in volume.
Ex-Sushi CTO Led NFT Lending Platform Astaria Rolls Out to Public
After months in beta, the NFT lending platform has witnessed the highs and lows of its competitors in the space and aims to boost NFT market liquidity while protecting the interests of lenders and borrowers.
Coliving Project Cabin Wants to Put Digital Nomads in Nature
Cabin just announced plans for the first “network city,” a global alliance of self-governing neighborhoods accessible to “citizens'' who hold NFTs.
