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Cryptopunk #5822

NFT Sales Nosedive This Week as Volume Drops Close to 30%

NFT Sales Nosedive This Week as Volume Drops Close to 30%According to current metrics, non-fungible token (NFT) sales have dropped 29.35% since last week. While Ethereum and Solana are the two blockchains with the most NFT sales volume, both blockchain networks have seen NFT sales nosedive anywhere between 27% to 32% over the last seven days. Weekly Non-Fungible Token Sales Plummet Despite Recent $23 Million […]

Alibaba’s Metaverse Unit Layoffs Dozens as Interest Wanes

Bandana Wearing Cryptopunk NFT Smashes Records Selling for $23 Million in Ethereum

Bandana Wearing Cryptopunk NFT Smashes Records Selling for  Million in EthereumThe Cryptopunks non-fungible token (NFT) collection has seen a new record as the NFT Cryptopunk #5822 sold on Saturday for 8,000 ether or more than $23 million. The new owner of the NFT, Deepak Thapliyal, the CEO of a blockchain firm called Chain explained that he used leverage via Compound Finance in order to acquire […]

Alibaba’s Metaverse Unit Layoffs Dozens as Interest Wanes