After a dip in August, the first week of September didn’t bring much sunshine to the world of non-fungible tokens (NFTs). Sales slid by 7.69%
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Spatial Computing Expert: AI Didn’t Contribute to Metaverse’s Decline
Luis Oscar Ramirez, founder and CEO of Mawari, believes the idea that artificial intelligence (AI) has contributed to the decline in metaverse interest and investment
Read moreFormer Mt. Gox CEO to launch EllipX crypto exchange in Europe
EllipX will comply with the EU’s MiCA regulations, with plans to add fiat services and offer fee cuts for former Mt. Gox users.
Read moreWhy is the SEC going after digital art and monkey pictures? Law Decoded
OpenSea faces SEC scrutiny as the debate over NFTs as unregistered securities heats up, causing a stir in the crypto world.
Read moreMonthly NFT sales fall below $400M, marking yearly low
NFTs saw a sharp decline in August 2024, with monthly sales dropping to $374 million—the lowest this year.
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NFT Market Faces Brutal August: Sales, Buyers, and Transactions All Plunge
Non-fungible token (NFT) sales have had a rough time in 2024, and August has been no exception. Following a 36.6% drop in July, August brought
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