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NFT Industry News

XRPL Punks NFT Sets New Record

It has undoubtedly been a good day for the XRP Ledger (XRPL). Only weeks after its parent company Ripple announced support for NFTs, it just broke another new record. An NFT from the XRPL Punks collection has sold for 108,900 XRP, which…

Bitci Defends Its Brazilian Football NFTs

In June of last year NFT platform, Bitci struck up a deal with the Brazilian Football Confederation (CBF). The CBF chose the blockchain platform to mint the official NFT tokens of Brazil’s national football team, which launched (BFT).A…

Web3 Retailer Uquid Integrates Polygon

As the world moves even closer to Web3 adoption, making a choice between payments on either blockchain, or fiat currency has become a preference for many. One company at the forefront of the Web3 e-commerce scene is the innovative

The Home Depot Files for Web3 Trademarks

There could be another household name readying itself in the emerging world of Web3. The Home Depot has filed for 24 Web3 trademarks covering its name, logo, and brands, according to a tweet by trademark attorney, Mike Kondoudis. The…

Yuga Labs Faces Another Investigation

With success comes scrutiny. Yuga Labs, the prolific NFT project, is already under investigation by the Securities and Exchange Commission. But that is not all that Yuga Labs has to worry about, as Scott+Scott, a consumer’s rights firm…

Atomic Hub Introduces Carbon Offset Feature

A constant criticism of the NFT space is that it contributes to carbon emissions through high energy usage. Popular NFT marketplace, AtomicHub, is combating this through its new carbon offset feature. The new marketplace initiative in…

Magic Eden Begins Support for Polygon-Based NFTs

Known as the leading marketplace for Solana NFTs, Magic Eden announced in August that it will start supporting ETH NFTs. Now fast-forward just 3 months to the present, and it supports Polygon-based NFTs too. Despite market conditions,…