Author: Crypto News Live
The non-fungible token (NFT) market maintains substantial activity as major NFT collections and sales alongside trading marketplaces keep driving total volume. The recent market data reveals which sector segments lead by presenting the top trading collections while revealing the highest recorded sales and marketplace dominance during the past day. #NFT MARKET OVERVIEW TOP COLLECTION #Courtyard – 24H Volume $1.60M… pic.twitter.com/KR2REe8Zxn — PHOENIX – Crypto News & Analytics (@pnxgrp) February 28, 2025 The digital asset Courtyard demonstrated the highest trading volume of $1.60 million during the previous 24 hours and therefore continued its dominant position. The highest trading activity this period…
DraftKings has agreed to settle a class action lawsuit which alleged it violated Federal Securities Law when it sold NFTs on its marketplace, according to a Federal court filing on Wednesday. The settlement, which was negotiated by both parties “at an arm’s length,” would see the company pay $10 million cash to a settlement fund which will pay for legal fees, settlement costs, and compensation to each participating class member, defined as “persons or entities who purchased, acquired, sold, disposed of, owned, held, used, or otherwise transacted in NFTs in a DraftKings account.” The motion for preliminary approval highlighted the…
Blockchain-driven battle royale shooter Off the Grid has launched what Gunzilla Games is calling its “biggest update yet” by unlocking a region of the map, adding a new cyberlimb into the game, and debuting a new “street event.” Off the Grid made a major splash when it entered early access back in October, due to its blend of the battle royale and extraction shooter genres, combined with quirky characters in a reality TV-inspired setting. It quickly became the most popular free-to-play game on the Epic Games Store, surpassing Fortnite in the process, and later won Decrypt’s Game of the Year…
VeBetterDAO launched Venus GM NFTs, allowing participants to earn higher $B3TR rewards. New GM NFT tiers will unlock throughout 2025, requiring increasing B3TR contributions to progress toward the highest-level Galaxy tier. VeBetterDAO has introduced the Venus GM NFTs, the fourth tier in its NFT-based rewards system. This latest addition enables participants to increase their $B3TR value, at the same time enhancing membership in the ecosystem. Venus GM NFTs also have additional reward ratios, meaning that people who hold them get more governance rewards after voting. This implies that the participants who are promoted to this level have higher control over…
Bitcoin may dominate the market, but it’s not the only cryptocurrency. What are altcoins? Simply put, they are any digital assets that aren’t Bitcoin. Altcoins offer unique features, from smart contracts to faster transactions. In this article, you’ll learn what altcoins are, the different types available, and how to assess their market value. Whether you’re investing or just exploring the crypto space, understanding altcoins is essential. What Are Altcoins? An altcoin is any cryptocurrency that isn’t Bitcoin. Some argue that Ethereum, due to its institutional adoption, no longer qualifies as an altcoin. However, this remains a debate. The term “altcoin”…
EverReach Labs, a developer of FPS PVE games connecting players with spectators, today announced a strategic partnership with Pentagon Games, a zkEVM chain game publisher. This collaboration aims to transform the capability of Web3 gaming by introducing innovative AI abilities into EverReach’s FPS PVE games. 🚀 Pentagon Games x Everreach Labs 🚀🚀We’re joining forces with @EverreachLabs , a gaming studio & infra ecosystem led by industry veterans behind Far Cry 3, Rainbow Six Siege, and Fortnite, to push the boundaries of AI-driven gaming and digital entertainment.Together, we’re… pic.twitter.com/BRFVOT5oNp — Pentagon Games XP – BCSH (@PentagonGamesXP) February 27, 2025 Advancing FPS…
NFTs like GenesisHero are presenting investors and collectors a vital investment opportunity due to their high weekly sales volume and the market value. The article examines top NFT marketplace metrics together with a big sale of NFT Punk #2948. NFT MARKET WEEKLY OVERVIEWFeatured entities in the post:🔹Collections: #PudgyPenguins #GenesisHero #KaitoGenesis #ENS #Sunflower #RetardioCousins🔹Marketplaces: #OpenSea #Blur #MagicEden #xrpcafe #Talis pic.twitter.com/BYEGEJDLOd — Cryptolaxy #StandWithUkraine (@Cryptolaxy) February 27, 2025 Market Overview Data shows that the entire market for NFTs remains highly dynamic and active, especially for GenesisHero. The market value of NFT assets currently stands at $5.25 billion as investors actively trade and…
The Mystery Society, a Web3 game that pairs the casual-friendly gameplay of Among Us with a murder mystery vibe, has suspended development after developer Great Big Beautiful Tomorrow said it struggled to find funding to continue supporting the game. The web-based game debuted in early 2024 as the studio raised $3 million in a funding round led by Shima Capital. Great Big Beautiful Tomorrow was founded by game industry veterans and led by CEO Chris Heatherly, who previously oversaw Disney’s Club Penguin gaming platforms and later NBCUniversal’s gaming division. Mystery Society initially launched on Ethereum scaling network Polygon and then…
DraftKings Inc. has agreed to a $10 million settlement in response to a class-action lawsuit alleging that its sale of non-fungible tokens violated state and federal securities laws. The lawsuit, initiated in 2023, argued that DraftKings’ NFTs should have been registered as securities, and the failure to do so constituted a legal violation. The proposed settlement aims to compensate individuals who purchased, held, or sold DraftKings non-fungible tokens from Aug. 11, 2021, until the date the judgment is entered. In a brief supporting the settlement’s approval, the plaintiffs described the agreement as the result of “vigorous litigation and serious, arm’s-length…
This is a segment from the Empire newsletter. To read full editions, subscribe. At this point, it feels like the SEC is checking its list and dismissing investigations into crypto companies daily. In some regards, it feels like the industry is finally free but the catch is that there’s yet nothing concrete for founders and projects to fall back on when it comes to rules and regulations. Though, as Avalon’s Sean Pinnock told me in an X Spaces Wednesday, founders and devs based in the US can still breathe a sigh of relief. Speaking of that Spaces: Yesterday, The Drop’s…
