FKSOL Index Feature

Magic Eden Ethereum will be the first major marketplace to contractually obligate creator royalties.

Solana led gainers in the top 10 cryptos, after the protocol announced a new partnership with payments giant Visa.

Blur has been adding demand for specific collections by incentivizing floor NFT trading, which may have mitigated aggressive price undercutting for liquidty.

Top blockchain and crypto news: Binance, Coinbase in SEC firing line. Solana NFTs slump as Bitcoin’s surge. New dawn in Hong Kong crypto regulations.

A significant drop in Solana’s monthly NFT sales coincides with a boom in Bitcoin NFTs. Experts believe Bitcoin could soon challenge Ethereum’s dominance in the market.

VeeCon 2023 NFT conference inspires and strengthens the market with community focus and innovation. Gary Vaynerchuk’s keynote resonates with fans worldwide.

Mad Lads has been the best selling NFT collection in the world since its launch that was delayed last week due to a DDOS attack.

Tensor topped Magic Eden’s sales volume on Wednesday afternoon in Hong Kong, giving it a brief stint as Solana’s top NFT marketplace. 

Forkast Labs’ NFT indexes reveal Polygon’s US$3 million incentive to move y00ts over to its blockchain may have cost its users.

The NFT industry is gathering at New York for NFT.NYC, but the overloading frequency of events could be causing “event fatigue.”

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

Magic Eden, the largest Solana-based non-fungible token (NFT) marketplace, has launched its “audited” Bitcoin Ordinals for NFT traders.

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.

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.

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.

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.

NFT investors seemingly see opportunities in a month full of surprises and headwinds for the broader cryptocurrency market.

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.

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.

The platform said the move was in line with growing market trends, but some are concerned about what it means for the industry.

‘Crypto Winter’ has touched all elements of the crypto market, and non-fungible tokens are no different.

Market analysts are mixed on outlook for non-fungible tokens, as some see mostly gloom, others point to glimmers of optimism.

Top blockchain and crypto news: Three Arrows target bankruptcy protection. Polium’s Web3 game plan pilloried. China’s tech giants get hands-on with NFTs.

Crypto industry sales are slumping, but it’s not just hedge funds and lenders that have been hit hard by the crypto winter. The NFT industry has also begun to feel the chill.

A perceived failure to address increasing fraud in the NFT industry prompts calls for regulation and the adoption of a more centralized approach to weed out bad actors.

Top blockchain and crypto news: UST knocked out of Luna orbit. Making NFTs Instagrammable. China’s black market ‘digital collectibles’ trade.

The non-fungible token market posted a strong bounceback in April. As one industry watcher tells Forkast, the nature of the rebound points to more room for recovery.

In contrast to the rising crypto market, NFT sales have declined significantly in March, but one industry watcher says there’s no need to panic just yet.

An asset bought and valued in crypto becomes decoupled from crypto prices, a split that reflects the differences between crypto investors and NFT buyers.