NFT

Despite a broad crypto rally, the NFT market remains mired in a bear market with floor prices and volumes down.

A Singapore court allowed attaching soulbound NFTs representing a legal freeze order to crypto wallets tied to a hack, pioneered by investigation firm iSanctuary.

The Open Metaverse Alliance has created a working group aimed at upholding NFT creator royalties across marketplaces.

China Daily newspaper, owned by the Chinese Communist Party, plans to launch an NFT and metaverse platform despite China’s ban on crypto transactions.

PayPal has filed a patent for an NFT marketplace after launching stablecoins, indicating interest in crypto and Web3.

Treydora has announced the launch of an NFT comic book universe and a VR education platform for healthcare workers.

NFT sales declined 9.91% this past week, marking the sixth straight week of falling sales and raising concerns about the future of the NFT market despite increasing numbers of buyers and sellers.

CATIE and the Specialty Coffee Association of Costa Rica partner with BIOCENFT to release NFTs based on 12 coffee varieties, raising funds for research and promotion.

OpenSea notified users of a third-party vendor breach that exposed some API keys, urging customers to rotate their keys as a precaution.

Rolling Stone claimed that NFTs are worthless, sparking mixed responses from the community amidst debates on the future and value of NFTs.