Lens
Advanced Blockchain Technologies
Solana has introduced a solution that aims to reduce on-chain storage costs for non-fungible tokens (NFT). See related article: Solana NFT sales surge as traders farm for Tensor rewards Fast facts See related article: DeGods begins migration to Ethereum
Forkast.News
Bitcoin News
Magic Eden, the largest Solana-based non-fungible token (NFT) marketplace, has launched its “audited” Bitcoin Ordinals for NFT traders.
Pradipta Mukherjee
Altcoins
The Forkast SOL NFT Composite dropped 6.13% over the past week while sales increased. Industry expert suspects casino-like behavior of traders moving funds to new projects.
Timmy Shen
NFT Marketplaces
NFT sales and market capitalization show rising investor activities, but recycled liquidity and wash trading may tell a different story, Forkast Labs co-CEO says.
Pradipta Mukherjee
Altcoins
Slump in prices of some non-fungible tokens and other digital assets allows U.S. holders to take advantage of a loophole to reduce capital gains taxes.
Timmy Shen
NFT Marketplaces
Images on Magic Eden, the largest Solana-based non-fungible token (NFT) marketplace, displayed pornographic content and popular sitcom series “The Big Bang Theory” on Tuesday Asia time instead of users’ NFTs.
Lachlan Keller
Market Analysis
NFT investors seemingly see opportunities in a month full of surprises and headwinds for the broader cryptocurrency market.
Lachlan Keller
Market Analysis
While October saw the emergence of two very popular NFT collections, sales failed to break US$500 million in the lowest figures since July 2021.
Lachlan Keller
NFT Marketplaces
After Solana’s Magic Eden marketplace said it was bowing to pressure and making payment of royalties “optional” to NFT creators, industry insiders tell Forkast the policy is wrongheaded and damaging.
Lachlan Keller
NFT Marketplaces
The platform said the move was in line with growing market trends, but some are concerned about what it means for the industry.
Lachlan Keller
