Magic Eden launches Bitcoin marketplace as Ordinal inscriptions continue to grow

Magic Eden launches Bitcoin marketplace as Ordinal inscriptions continue to grow

Magic Eden, one of the largest cross-chain NFT platforms, launched a Bitcoin marketplace for digital artifacts, the company shared on Tuesday. “We are already a multichain platform and believe that adding Bitcoin will connect us to a deep community of people and a rapidly growing collectibles market thanks to Ordinals,” Zhuoxun Yin, COO and co-founder […]

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Tensor raises $3M for Solana-focused NFT trading platform

Tensor raises $3M for Solana-focused NFT trading platform

Tensor, a Solana-centric NFT trading platform, has raised $3 million in a seed round led by Placeholder, the team exclusively shared with TechCrunch. The startup was co-founded by Ilja Moisejevs and Richard Wu, bringing a collective 10 years of experience in working on trading infrastructure and data-intensive systems. Until this point, Tensor was bootstrapped off […]

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Magic creator Richard Garfield on why he put a paper game on the blockchain

NFT market shows signs of recovery as January trading volumes hit 7-month high

It appears the NFT market is slowly getting back on its feet. Trading volumes rose for two months straight, with January scoring the highest volumes since June last year, according to the Dapp Industry Report: January 2023. The growth in January marked a stark difference from the trend of the past few months — October […]

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Line launches NFT marketplace on its platform DOSI 

Line launches NFT marketplace on its platform DOSI 

Japanese messaging app Line’s non-fungible token (NFT) unit LineNext said Tuesday that it has launched a consumer-to-consumer (C2C) marketplace on the NFT platform DOSI. The C2C trading service allows users to buy and sell NFTs globally.  The announcement comes nearly a year after Line said it plans to launch an NFT service in 2022 to provide a […]

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OpenSea CEO Devin Finzer discusses staying on top of a turbulent NFT market at TC Sessions: Crypto

OpenSea CEO Devin Finzer discusses staying on top of a turbulent NFT market at TC Sessions: Crypto

The NFT market is worth tens of billions of dollars and saw rapid growth throughout the crypto bull run. NFT exchange OpenSea, led by CEO and co-founder Devin Finzer, emerged as a clear market leader, earning a $13.3B valuation in January and controlling an estimated 90% of the overall NFT market. Since then, it’s been […]

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Yuga Labs’ Nicole Muniz to talk about NFTs and Bored Apes at TC Sessions: Crypto

Yuga Labs’ Nicole Muniz to talk about NFTs and Bored Apes at TC Sessions: Crypto

As the NFT ecosystem continues to waver, superfans and blue-chip holders are still holding on strong. But how can the digital asset sector reignite growth and appeal to new audiences? The number of NFT sales is down almost 90% from the year-ago date, according to data on NonFungible market tracker. But still, the hype is […]

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