NFT Market Cap Drops 46% in 30 Days as Blue-Chip Prices Plunge

The non-fungible token (NFT) market has lost nearly half its value in the past 30 days, even as trading activity picked up in October. CoinGecko data shows that the global NFT market... Read more »

Valve CS2 Update Crashes $5.8B Economy, Reviving NFT Debate

The multibillion-dollar market for cosmetic items in the popular esports first-person shooter game Counter-Strike 2 crashed following an update to its mechanics. According to an Oct. 8 report by Esports News, the... Read more »

Coinbase Buys $25M NFT To Restart UpOnly Crypto Podcast

Crypto exchange Coinbase has spent $25 million to acquire and burn a non-fungible token (NFT) designed to revive the once popular crypto podcast called UpOnly. Coinbase CEO Brian Armstrong confirmed that the... Read more »

OpenSea Rejects NFT ‘Pivot,’ Says It’s Evolving to ‘Trade Everything’

OpenSea CEO Devin Finzer has rejected claims that the company is pivoting away from non-fungible tokens (NFTs), saying instead that the marketplace is “evolving” into a universal platform to trade every type... Read more »

Swiss Regulator GESPA Files Complaint Against FIFA NFT Platform

Switzerland’s Gambling Supervisory Authority (GESPA), the country’s gambling regulator, has filed a complaint against FIFA’s non-fungible token (NFT) platform FIFA Collect, alleging that it is an unlicensed gambling provider. On Friday, GESPA... Read more »