Two Southern California men, Gabriel Hay and Gavin Mayo, face charges for allegedly defrauding investors of over $22 million in cryptocurrency through fraudulent NFT and digital asset schemes. The indictment reveals they conducted a series of “rugpulls,” soliciting funds for NFT projects that were abandoned after collecting investments. The alleged scams involved projects like Vault […] Source CryptoX Portal
The NFT market sales have surged amid mixed cryptocurrency price action, with Bitcoin reclaiming the $100,000 level while Ethereum retreated from last week’s $4,000 mark. The global cryptocurrency market capitalization has slightly contracted to $3.63 trillion from last week’s $3.67 trillion as per CoinMarketCap data. According to the latest data from CryptoSlam, the NFT market has surged 16.36%, with total sales volume reaching $224.5 million. However, the data shows that the number of unique buyers has decreased by 73.97% to 180,641. Ethereum network sees a 21% surge The Ethereum (ETH)…
Pudgy Penguins, an Ethereum-based NFT collection, has surpassed Bitcoin’s price on OpenSea. The collection’s most expensive Penguin is now for sale at 50.3093 ETH or $197,508.78 on on the NFT marketplace OpenSea. This makes it one of the priciest Picture-for-Profile NFT projects. At present, the cheapest Pudgy Penguin is priced at 27.65 ETH or $108,460, at Ethereum’s price of $3,921.61. Bitcoin (BTC), on the other hand, is currently hovering around $101,445, making some Pudgy Penguin NFT worth more than the world’s largest cryptocurrency. In the last seven days, Pudgy Penguins…
Non-fungible tokens have been seeing a sharp increase in their daily sales over the past month as the broader crypto market entered its bullish phase. NFT sales increased by 28% in the past 24 hours to $40.4 million, according to data provided by CryptoSlam. This is the highest level of trading volume for the sector in over seven months — last seen in late April. Ethereum (ETH) is leading with $26.4 million in daily sales, followed by Bitcoin (BTC) and Solana (SOL) with $6.3 million and $2.5 million in trading…
Non-fungible token (NFT) sales experienced a 62.88% increase in November, reaching $588 million compared to $361 million in October. Ethereum-based NFTs dominated the market, generating $218.83 million—a rise from the $120 million recorded the previous month. Bitcoin and Ethereum Drive November’s $588M Surge After tumbling 36% in October, NFT sales made a dazzling comeback in […] Source CryptoX Portal
As Bitcoin continues to face resistance near the $100,000 mark, the NFT market has experienced a 1.6% drop, with total sales volume settling at $146.5 million. While Bitcoin (BTC) trades at $96,800, Ethereum (ETH) has shown strength by surging 3.5% in the last 24 hours to reclaim the $3,700 level. The global cryptocurrency market capitalization has expanded to $3.42 trillion from last week’s $3.35 trillion. This marks a 2.5% increase over the last day. According to the latest data from CryptoSlam, while overall sales have declined, individual blockchain networks are…
Non-fungible token (NFT) sales cooled off this week, slipping 9.3% compared to the prior period, even as the broader cryptocurrency market climbed higher. NFT Market Shifts: Ethereum and Bitcoin Sales Plunge, Solana Gains Ground Data from cryptoslam.io revealed that NFT transactions over the past seven days amounted to $161.47 million. Ethereum NFTs dominated with $51.81 […] Original
As Bitcoin surges toward the $100,000 mark, touching a new all-time high of $99,655.50, the non-fungible token (NFT) sales volume has shown a drop of 9.6% to $160.9 million. The global cryptocurrency market capitalization has continued to surge, reaching $3.35 trillion from last week’s $3.03 trillion. This marks a 2% increase over the last day, with Bitcoin (BTC) currently trading at $98,620. The last week’s NFT sales volume stood at $178.8 million. However, according to recent data from CryptoSlam, the NFT market has seen a pullback. NFT sales volume decreased…
In a landmark decision highlighting the unique aspects of blockchain technology, an S.D.N.Y. Bankruptcy Judge ruled in favor of Celsius’s motion for alternative service, whereby Celsius sought to provide legal service by airdopping non-fungible tokens (NFTs) to anonymous defendants’ digital asset wallets. The following opinion editorial was written by Alex Forehand and Michael Handelsman for […] Source CryptoX Portal
Amidst Bitcoin’s new all-time high of $93,434.36, the non-fungible token (NFT) sales volume has surged by 94.1% to $178.8 million. The global cryptocurrency market capitalization has reached $3.03 trillion, marking a 4% increase over the last day. Bitcoin (BTC) has also retraced slightly, currently trading at $91,295. The last week’s NFT sales volume stood at $96.1 million. However, according to recent data from CryptoSlam, the NFT sales have nearly doubled. NFT sales volume skyrocketed to $178.8 million Ethereum (ETH) blockchain dominates with $67.5 million in sales (130% increase) Bitcoin maintains…