Tag: NFT

DOJ Takes Down Rug Pull Duo Behind $400,000 NFT Debacle

A federal jury convicted a man for orchestrating an NFT rug pull scheme, pocketing nearly $400,000 through abandoned projects and cryptocurrency laundering schemes. The NFT Rug Pull That Went Too Far — Federal Jury Brings Verdict The U.S. Department of Justice (DOJ) announced Thursday that a federal jury in Tampa, Florida, found Berman Jerry Nowlin, […] Source CryptoX Portal

Infinex Raises $67.7M in Patron NFT Sale to Usher in ‘Post-CEX Era’

Decentralized finance (defi) platform Infinex has announced the completion of a $67.7 million NFT sale, backed by leading founders, foundations, funds, and communities across the blockchain ecosystem. The fundraise positions Infinex to usher in the “post-CEX (centralized exchange) era” of the crypto industry. Infinex aims to provide a secure, non-custodial alternative to traditional centralized exchanges, […] Source BitcoincryptoexchangeExchanges CryptoX Portal

NFT sales drop to $89m, Solana overtakes Bitcoin for 2nd place

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The non-fungible token sales volume over the last week has dropped by 7%, and stands at $89.1 million. The crypto market, exhibiting signs of recovery, has taken a U-turn. According to the latest data, the global crypto market cap has dropped by over 2% in the last 24 hours. In comparison to last week’s $93 million NFT sales volume, this week has witnessed a modest 7% drop in sales: NFT sales volume plunged to $89 million. The Ethereum (ETH) network retains its first ranking in terms of volume. Solana dethrones…

NFT sales surge to $93m, Ethereum network dethrones Bitcoin

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Weekly non-fungible token sales volume has surged 22.5% and now stands at $93 million, per the latest data. As the crypto market shows slow signs of recovery, the NFT market enjoys an uptick in volume and other metrics. Here’s a small glimpse: NFT sales volume pumped to $93 million from last week’s $77.6 million. The Ethereum (ETH) network has dethroned the Bitcoin (BTC) network in terms of volume. NFT buyers almost doubled from last week’s 263,804 to 494,666. The number of NFT sellers also witnessed a 108% surge and stands…

NFT sales drop to $77.6m, Bitcoin network leads in weekly surge

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The non-fungible token, or NFT, market has witnessed a 4.16% plunge in sales volume over the last seven days. Here’s a breakdown of the latest data from Cryptoslam: NFT sales volume dropped in the last seven days and stands at $77.6 million — lower than weekly NFT sales in the previous week. NFT buyers dropped by a considerable 66.81% to 263,804 from last week’s 794,763 NFT sellers fell to 121,399, depicting a 67.87% drop. NFT transactions were down by over 13.78% in the last seven days to 1,662,101. Bitcoin leads the…

Telegram to Support TON-Based NFT Gifts Later This Year

The founder of Telegram has announced plans to support TON-based non-fungible token (NFT) gifts later this year. This new feature will allow users to convert limited-edition animated gifts into NFTs on the TON blockchain. These tokenized gifts can be displayed on user profiles or traded for Telegram’s in-app currency, Stars. Additionally, users will have the […] Source CryptoX Portal

Weekly NFT sales rise to $85.9m, Ethereum network leads the pack

The non-fungible token market has undergone a 10.10% surge in sales volume in the last seven days. The present data acquired from Cryptoslam shows that NFT sales volume surged in the last seven days and stands at $85.97 million. The numbers are higher in comparison to the weekly NFT sales in the last two weeks of September. In addition to the rise in NFT sales volume, there has been a 21.73% surge in NFT buyers. As per the latest data, NFT buyers rose to 794,763, and the NFT sellers came down to…