Reddit Recap Turns Redditors Into Flashy Trading Cards; NFT Rumors Swirl
The crypto community is rife with speculation that Reddit may release more NFTs. The theory comes from the recent Reddit Recap release, which showcases trading cards for user profiles.
NFT Marketplace Blur Will Refund 50% to Traders Affected by UI Bug
Blur <a href="https://twitter.com/blur_io">@blur_io</a>, NFT marketplace backed by <a href="https://twitter.com/Paradigm">@Paradigm</a> on Twitter:
Tensions Erupt Between Magic Eden and Metaplex Over Future of Solana NFTs
<a href="https://decrypt.co/resources/what-is-solana-a-scalable-decentralized-network-for-dapps" target="_blank">Solana</a> has <a href="https://decrypt.co/112110/magic-eden-flip-flops-on-solana-nft-royalties-making-them-optional" target="_blank">been ground zero</a> for the ongoing industry debate <a href="https://decrypt.co/111821/magic-eden-market-share-solana-nft-royalties" target="_blank">over enforcing NFT creator royalties</a>, and now long-simmering disputes between major players in the space have spilled out onto social media as builders try to shift the course of the Solana NFT space.
Everything You Need To Know About NFT Derivatives
Although the emergence of derivatives may help diversify the NFT market, not all derivative NFTs are created equal.
FTX-Hosted NFTs Point to Broken Metadata, Issue Illuminates Flaws Tied to Centralized Clouds
On Wednesday, non-fungible token (NFT) supporters discovered that NFT metadata hosted on the platform FTX US points to broken metadata, and the links now point to FTX’s restructuring website. Specific collections that were minted on the Solana blockchain via the FTX US NFT platform do not show the NFT’s imagery and marketplace listings on the Coachella NFT marketplace have disappeared.
NFT Sales Plummet to 16-Month Low After FTX Blowup
Weeks after the exchange’s collapse, NFT volumes have plummeted to a 16-month low.
Huobi 2022–2023 Annual Report: Crypto Market Bottom in Early 2023
The Non-fungible token (NFT) bubble seemed to have busted as its number of active users fell by 88.9% and the total market cap declined by 42% from a high of $35 billion to $21 billion.
Solana-Based NFT Platform Magic Eden Hires Its First Chief Gaming Officer
The Solana-based NFT platform Magic Eden has hired its first Chief Gaming Officer.
OpenSea Again Changes Course on NFT Royalties After More Creator Pushback
In <a href="https://twitter.com/opensea/status/1600913295300792321" target="_blank">a tweet thread today</a>, OpenSea revealed a number of tweaks to its own approach to NFT royalties, including the formation of the <a href="https://corinstitute.co/" target="_blank">Creator Ownership Research Institute</a> (CORI), a group that will oversee curation of the list of <a href="https://decrypt.co/resources/what-is-ethereum-quickly-explained-four-minute-guide" target="_blank">Ethereum</a> marketplaces blocked by what's known as the "Operator Filter" tool as well as policies related to its development.
NFT Marketplace Magic Eden Pushes Further Into Gaming With New Hire
Leading Solana-based non-fungible token Marketplace <a href="https://www.coindesk.com/learn/what-is-magic-eden-how-to-get-started-on-the-nft-marketplace/">Magic Eden</a> has hired a chief gaming officer, the company said Thursday.
