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Showing posts with the label nfts

Fundraising Via NFTs Could Be Exempted From SEC Laws – Hester Peirce

Hester Pierce, the United States Securities and Exchange Commissioner renowned as “Crypto Mom,” continues pushing matters of crypto and non-fungible tokens within the crypto regulatory commission. In her latest push, the SEC commissioner advocated that crypto projects should be allowed to fund their work using NFTs as a fundraising mechanism. This move will increase NFT adoption among traditional businesses and institutions if she succeeds. Hester Pierce Pushes More Crypto And NFT Agendas On March 21, the United States Securities and Exchange Commission (SEC) held its first-ever roundtable meeting. This meeting, led by Acting SEC Chairperson Mark Uyeda, who assumed office following Gary Gensler’s resignation, and Hester Peirce, the SEC Crypto Task Force lead, was aimed to make several amendments and considerations into crypto and NFT regulations in the country. 🚨SCOOP: SEC commissioner Hester Peirce tells me NFTs could be the next crypto asset class the age...

Top Selling NFTs This Festive Week – Penguins Lead In Sales

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The non-fungible token market continues witnessing significant growth and incredible surge in trading sales volume and interest. The global non-fungible token market boom started earlier this month after crypto traders and collectors massively embraced blue-chip collectibles. In this article, we have listed some of the top selling non-fungible token collections this festive week. 1. Pudgy Penguins NFT Collection Pudgy Penguins, a non-fungible token collection from the digital asset firm Igloo Inc featuring a limited set of 8,888 digital items hosted on the Ethereum blockchain network, is the top selling non-fungible token collection this festive week. In the past 24 hours, the Pudgy Penguins NFT collection has recorded a trading sales volume of 1,299 ETH. Pudgy Penguins NFT has market cap of $706 million and a floor price of $79,505. 2. Azuki NFT Collection Blue-chip Azuki, a non-fungible token collection from the digital asset incubation studio Chiru Labs featuring a limited set o...

NFTs Are Still Making Waves – NFTs Weekly Sales Surpass $170M

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The non-fungible token market has experienced yet another robust week, marked by a significant rise in trading sales volume, market capitalization, and floor price values. The global NFT market trading sales volume surged 3% this past week to reach $173 million, the highest since mid-November. In this article, we shall assess the full state of the NFT market in the past seven days. NFT Sales Surpass $170M This Past Week Data compiled by cryptoslam.io, an on-chain crypto assets market aggregator and a multi-chain non-fungible token explorer backed by crypto investor Mark Cuban, shows that the global non-fungible token market surged again this past week. From December 02 to December 08, the global NFT market raised a trading sales volume of $173 million, representing a 3% rise from the previous week. Source: cryptoslam.io, NFT trading sales volume From December 02, 2024 to December 08, 2024 Ethereum, the blockchain network renowned in the NFT market for hosting the majority of b...

Bankrupt Three Arrows Capital Moves 300+ NFTs To New Address

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Bankrupt hedge fund Three Arrows Capital has been moving NFTs to a new address lately. The founders of the company along with pseudonymous collector Vincent Van Dough launched Starry Night Capital—an NFT-focused fund last year. Per data from Nansen, the NFTs collected by Starry Night Capital were shifted to Gnosis Safe—a platform that gives complete self-custody of funds and digital assets to users. Prominent NFTs included ‘Pepe the Frog NFT Genesis’ that was sold for 1000 Ethereum in October last year, ‘Fidenza 718’ that was sold for 240 Ethereum last November, ‘Some Other Asshole’ sold for 550 Ethereum in December last year.  Per blockchain data, the NFTs have changed addresses for the first time in over four months. 2/ Several CryptoArt NFTs by XCOPY, including: Some Other Asshole Sold for 550 ETH (~2.3M) on Dec 5, 2021 DANKRUPT Sold for 469 ETH (~$2.0M) on Oct 24, 2021 DECAY Sold for 345.69 ETH (~$1.4M) on Dec 5, 2021 pic.twi...