News
CryptoSlam data showed that the average sale value for NFTs climbed to $113.08, highest in six months.
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Latest News on NFT
What are NFTs? NFTs explained in brief: Nonfungible tokens, or NFTs, are verifiably unique representations of digital and physical goods. Each NFT generally differs in makeup, and therefore likely differs in value as well.
In the physical world, U.S. dollars are fungible. No value is forfeited if a person trades any given paper U.S. dollar for a different paper U.S. dollar. On the other hand, something such as artwork is generally nonfungible. The “Mona Lisa” is not of equal value to “The Persistence of Memory,” as both artworks are unique, deriving value as such.
Based on distributed ledger technology, NFT crypto assets serve as a method of authentication for buyers of unique items, proving aspects such as ownership. NFTs became much more well known in 2020 and 2021. NFTs have potential for other use cases as well, such as companies tracking their internal resources or platforms verifying subscriptions and use.
- Analysis
From the ICO craze and CryptoKitties to the Merge and spot ETFs, Ethereum’s first decade is a reflection of crypto’s most chaotic and innovative moments.
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A critical access control bug in SuperRare’s staking contract — easily detectable by unit tests or even ChatGPT — allowed an attacker to steal $731,000 in RARE tokens.
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Solana co-founder Anatoly Yakovenko ignited criticism from the crypto community by likening memecoins to loot boxes in mobile games.
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Pudgy Penguins shut down rumors of an OpenSea buyout, calling the speculation unnecessary and pointing instead to growing brand partnerships.
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NFT market cap hits $6.6 billion in July, surging 94% as CryptoPunks lead the rebound with multimillion-dollar sales and rising floor prices.
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A Texas magistrate judge says Logan Paul’s bid to blame the co-founders for the failure of his CryptoZoo NFT project should be rejected.
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The US Ninth Circuit Court of Appeals has reversed Yuga Labs’ $9 million reward in its trademark infringement suit against artist Ryder Ripps.
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Though modest compared to 2022 levels, the latest spike in Ozzy Osbourne’s CryptoBatz NFTs could signal an NFT market rebound.
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CryptoPunks remained the top NFT collection by market capitalization, with a valuation of $1.8 billion, according to NFT Price Floor.
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CryptoSlam strategist Yehudah Petscher told Cointelegraph in May he thought the market was poised for a rebound, but with a more tempered outlook.
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OpenSea is pivoting beyond NFTs with a new mobile app focused on token trading, DeFi, and AI, aiming to stay competitive as NFT volumes decline and rivals gain ground.
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A US federal judge allowed Dolce & Gabbana USA to escape a class-action lawsuit over an NFT project launched by its Italian parent company.
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The next wave of Web3 neobanks won’t be standalone apps; they'll be embedded within platforms people already use.
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CryptoSlam data shows that NFT sales volumes reached $2.82 billion in the first half of 2025, while DappRadar data shows a continued drop in trading volumes.
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