The most glaring sign of NFTs’ decline may not be their descending value, but their growing resemblance to the rest of the art market.
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NFTs Tank on OpenSea as Crypto Winter Continues
It’s the latest in a rocky year of scams, plagiarism, and poor customer service on the platform, but NFT enthusiasts say they can survive the bear market.
Following Outcry, GameStop Pulls Tasteless “Falling Man” NFT Evoking 9/11 Attacks
The artwork emulated photographer Richard Drew’s well-known image of a person leaping from one of the World Trade Center buildings on September 11, 2001.
NFT Prices Drop as “Crypto Winter” Descends
Bloomberg reports that the popular Bored Ape NFTs saw a 25% decrease in average price along with other “blue-chip” tokens.
“Too Many Bros”: In Prank, NFT Dating App Shuts Down Over Lack of Women
The joke reflects crypto’s larger gender inequity problem.
Scammers Hack Beeple’s Twitter and Steal Over $400K in Crypto
The phishers posted an “official minting link” to a fraudulent raffle from the famous NFT artist’s account.
NFT of Jack Dorsey Tweet That Sold For $2.9M Has Tanked in Value
Crypto entrepreneur Sina Estavi tried to sell the NFT and recent bids stand at just a couple thousand.
Say Hello to Spherechain, the “Blockchain Killer”
A new crypto option for those who think the blockchain is too square.
Crypto Advocates Celebrate Quashing of EU’s “De Facto Bitcoin Ban”
The European Parliament has voted against a provision limiting energy-extensive mining mechanisms, which was seen as a threat to the crypto industry.