NFTs & DeFi 🗓

🖼 NFTs Remain Bullish Despite Broader Crypto Market Uncertainty: DappRadar According to a report by DappRadar, the non-fungible tokens (NFT) market maintained its bullish trajectory in the second quarter of 2024. The firm recorded $4 billion in NFT trading volume, a 3.7% increase, and a 28% increase in NFT sales. CoinDesk's Jennifer Sanasie presents the "Chart of the Day." Source NFTs | DeFi | News

💰 Bitcoin NFT Wallet Xverse Joins Magic Eden To Let Its Users List Runes In App Xverse, one of the leading Bitcoin wallets and renowned for providing a user-friendly gateway to the growing Bitcoin Web3 ecosystem, has partnered with the giant multi-chain non-fungible token market platform Magic Eden to allow crypto users to list runes collections in the app. Xverse confirmed partnering with Magic Eden to allow crypto users to list their Runes in the app. By description, Bitcoin Runes is a protocol that enables the creation of fungible tokens on the Bitcoin blockchain. Source NFTs | DeFi | News

🖼 Cardano Inrtoduces CIP25 Metadata Validation, Enhances NFTs Cardano ($ADA) has recently introduced Plutus script validation of CIP25 metadata, a technical enhancement aimed at improving the functionality of NFTs and AMMs within its ecosystem. Sebastien Guillemot, Co-founder of Paima Studios, announced the new capability on X. This technical improvement addresses a previous limitation in accessing transaction metadata from Plutus, which had hindered the development of dynamic NFTs and AMMs. Source NFTs | DeFi | News

🖼 Glenfiddich & BlockBar To Auction Single Cask Whisky NFT To Be Redeemed For Bottles Glenfiddich Distillery is releasing a rare 1985 cask bottling, with just 150 bottles estimated to be yielded from the cask. The whisky, which will be auctioned via NFT platform, BlockBar also comes with a VIP distillery experience and an overnight stay at a William Grant & Sons house on Glenfiddich’s estate. According to a brand press release, the lot is estimated at £750,000-£1,200,000. Source NFTs | DeFi | News

🔫 Metaverse to Supercharge Upcoming Industrial Revolution: World Economic Forum The metaverse technology, that creates hyper-realistic virtual ecosystems, is grabbing the attention from the manufacturing sector in the US. This detail has been disclosed in a recent report published by the World Economic Forum (WEF). The metaverse is poised to supercharge the upcoming phase of the industrial revolution, the report says. Compatible with cryptocurrencies and NFTs, the metaverse technology can provide virtual destinations for people to visit as avatars. Source NFTs | DeFi | News

🖼 NFT sales record a 5% increase in the past 7 days amid market recovery According to the data, NFT sales totaled over $107 million in the past seven days. Buyers stood at 828,840, sellers at 368,251, and transactions at over 2 million. The blockchains that topped the week in NFT sales included Ethereum (>$37 million), Solana (>$22 million), Polygon (>$18 million), Bitcoin (>$15 million), and Mythos Chain (>$3 million sales). Solana’s DogeZuki, MadLads, and Polygon’s Base Ape Polygon are other top-performing collections of the week. Source NFTs | DeFi | News

🖼 Upcoming ‘Shatterline’ Game to Feature HV-MTL NFT Mech Suits From Yuga Labs After a change of ownership this spring, the HV-MTL NFT mech suits minted on Ethereum—which were originally created by Bored Ape Yacht Club maker Yuga Labs—are set to be featured in a glossy, free-to-play arena shooter called Shatterline. Faraway, a gaming startup that still works closely with Yuga and purchased the HV-MTL and Legends of the Mara IP in April, teased the collaboration this week on Twitter (aka X). Source NFTs | DeFi | News

🖼 NFT market had its best quarter since early 2023, DappRadar says Non-fungible tokens (NFTs) witnessed their best quarter in Q2 as the sector of digital collectibles saw a 28% increase in sales count, reaching levels last seen in Q1 2023. In a recent research report, analysts at DappRadar revealed that NFTs recorded $4 billion in trading volume in Q2, marking a 3.7% increase compared to Q4 2023. Source NFTs | DeFi | News

💰 Polygon’s New ZYNFT Tops In Daily NFT Sales Volume – Hits Over $1.2M Polygon, an Ethereum scaling solution blockchain network, is making the non-fungible token market great again. In recent days, the NFT market has seen new non-fungible token collections created on the Polygon network, dethroning dominant NFT collections and topping in trading sales volume. Data fetched by Tiexo.com, a multi-chain non-fungible token explorer, indicates that ZYNFT, another new non-fungible token collection from the Polygon network, has topped in trading sales volume, dethroning the dominant non-fungible token collections. Source NFTs | DeFi | News

🖼 ZkSync denies NFT ‘insider minting,’ claims some minters attended events Matter Labs, developer of Ethereum layer 2 network zkSync, denied claims of “insider minting” on June 26, claiming that all minters of the Libertas Omnibus non-fungible tokens (NFTs) were eligible to do so according to official criteria. The statement follows a June 17 X post by blockchain researcher soEasy that accused the team of handing out Libertas Omnibus NFTs to friends of the team who were not eligible to receive them. Source NFTs | DeFi | News