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NFT News
TronWeekly
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Crypto Allegations Intensify as CZ Denies Cooperation Against Justin Sun
- Binance founder CZ denies cooperating with U.S. DOJ against Tron's Justin Sun.
- Justin Sun calls the allegations baseless and supports CZ publicly.
- Binance aims for a strategic U.S. comeback if Trump returns to office.
- Binance's post-settlement efforts include lobbying to reduce the independent monitor overseeing anti-money laundering practices.
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TheNewsCrypto
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SEC and Binance Seek 60-Day Pause as Settlement Talks Advance
- The U.S. Securities and Exchange Commission (SEC) and Binance have jointly requested a 60-day pause in their ongoing legal case.
- The pause will give both sides more time to finalize a settlement and consider the policy implications of the SEC’s Crypto Task Force.
- The SEC's Crypto Task Force aims to provide regulatory guidelines for digital assets.
- Under new SEC Chair Paul Atkins, there is a willingness to resolve high-profile crypto lawsuits and promote pro-crypto regulation.
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Cryptopotato
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NFT Trader Suffers $10M Loss After Sale of Rare Alien CryptoPunk
- An anonymous NFT collector has suffered a $10 million loss after selling one of the rarest CryptoPunks on Thursday.
- Punk #3100, an Alien Punk from the original CryptoPunks collection, was sold for 4,000 ETH, equivalent to approximately $6.07 million.
- The NFT was previously sold in March 2021 for 4,500 ETH, valued at over $16 million at the time, making this recent sale a significant loss for the seller.
- Despite being the rarest type in the collection, the value of CryptoPunks has declined by nearly 43% in the last three months.
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Cryptoticker
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NFT Crash: Trader Loses $10M Selling THIS Rare NFT Collection
- A trader recently sold CryptoPunk #3100, one of the rarest Alien Punks, and took a $10 million loss on the trade.
- The seller initially bought the CryptoPunk for 4,500 ETH in March 2024, but sold it for 4,000 ETH this week.
- Due to the sharp decline in the price of Ethereum, the 4,000 ETH sale now only amounts to approximately $6.06 million, resulting in a significant loss.
- This case highlights the volatility and speculative nature of the NFT market, with many investors experiencing steep losses in recent months.
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Medium
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MapleStory Universe: How a Legendary MMO is Leveling Up with Web3
- With the help of Avalanche’s AvaCloud, MapleStory Universe is building a new layer into its digital world where players can truly own, create, and participate in the economy.
- By integrating blockchain, MapleStory Universe gives players the power to own in-game items, build on-chain economies, and participate in shaping the game's direction.
- AvaCloud enables scalability and customizability, allowing the MapleStory team to fine-tune chain parameters and integrate custom logic.
- The game's dynamic supply-demand mechanics and community rewards drive economic dynamism and foster deeper community engagement.
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Cryptopotato
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Binance Ignites Double-Digit Rally in These Altcoins – Here’s What Happened
- Binance has introduced spot trading services for three new cryptocurrencies: Ondo (ONDO), Big Time (BIGTIME), and Virtuals Protocol (VIRTUAL).
- The altcoins experienced substantial price increases after the news, with BIGTIME reaching a two-month high of over $0.07, VIRTUAL seeing a double-digit spike, and ONDO recording a less significant pump.
- Binance's support provides increased liquidity for the tokens and adds credibility, but investors should be cautious as these tokens carry a Seed Tag, indicating higher risk.
- Earlier this month, Binance delisted 14 altcoins, causing significant price declines for the affected cryptocurrencies.
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TheNewsCrypto
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Binance Confirms Listing of ONDO, BIGTIME and VIRTUAL Following Second Vote to List Round
- Binance has confirmed the listing of ONDO, BIGTIME, and VIRTUAL following the results of the second 'Vote to List' round.
- The community-driven campaign saw over 424,000 people cast more than 523,000 votes to select the tokens.
- The top-ranking tokens underwent compliance and risk reviews before being listed.
- ONDO, BIGTIME, and VIRTUAL experienced trading gains ahead of the listing, with increases of 6%, 29%, and 15.93%, respectively.
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Medium
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Introducing Seasons: A New Era for BOSS FIGHTERS Economy & Gameplay
- Seasons are cyclical gameplay periods that introduce fresh rules, economy shifts, and balance updates.
- Players who engage early with the latest content will earn meaningful advantages.
- Items from previous Seasons lose some of their effectiveness once a new Season begins.
- The Season system ensures a thriving in-game economy with continuous demand for new content.
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Blockonomi
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CryptoPunk NFT Sells for $6M, Marking $10M Loss for Seller as Ethereum Price Falls
- CryptoPunk #3100, a rare Alien Punk, sold for 4,000 ETH ($6M), resulting in a $10M loss for the seller who purchased it for 4,500 ETH ($16M) in 2024.
- The seller faced a significant loss exacerbated by Ethereum's 56-57% price drop over the past year.
- Despite the overall market decline, rare CryptoPunks retain high value due to their scarcity.
- NFT trading volumes decreased, with Q1 2025 volume dropping 24% from Q4 2024.
- CryptoPunks remains a premier NFT collection, but its floor price has decreased by 44% in the last 90 days.
- A CryptoPunk NFT was sold for $6 million, showcasing the volatile nature of digital collectibles even in high-end markets.
- CryptoPunk #3100 is among the rare Alien Punks, maintaining value due to its rarity despite market downturns.
- The buyer's identity for the recent transaction remains undisclosed, facilitated by crypto art brokerage Fountain.
- NFT market overall has seen declining interest, with trading volumes falling and fewer high-value transactions occurring.
- While the market has cooled, CryptoPunks still hold a significant share with a 23% contribution to the $2.7 billion global NFT market capitalization.
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Crypto-News-Flash
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Bahrain Grants PSP License to Binance-Backed BPay Global
- BPay Global, a Binance subsidiary, secured Bahrain’s first PSP license to offer fiat services globally.
- Bahrain strengthens its digital finance push while eyeing regional competition like UAE’s massive infrastructure plans.
- The Central Bank of Bahrain grants a Payment Service Provider (PSP) license to BPay Global B.S.C., a subsidiary of Binance Group.
- Bahrain aims to strengthen its position in the digital financial ecosystem, with efforts to develop regulations for stablecoins and explore the issuance of a central bank digital currency.
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Cryptopotato
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Binance Continues to Lead Spot Trading Volume Despite Market Correction
- Binance, the world's largest crypto exchange, maintains its lead in spot trading volume despite a market correction.
- While spot trading volume for cryptocurrencies has declined, Binance's share of spot volume has increased.
- Binance's share of total Bitcoin spot trading volume rose from 33% to 49%, and its share of altcoin spot trading volume rose from 38% to 44%.
- Binance has become the largest liquidity venue during periods of high market volatility.
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TronWeekly
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OpenSea Fires Back at SEC: We’re Not a Securities Exchange
- OpenSea argues NFTs shouldn’t be regulated as securities because they’re unique, personal items rather than investment vehicles.
- OpenSea positions itself as a marketplace like eBay, not a securities exchange, stating trades execute outside their platform.
- OpenSea urges the SEC to exclude NFT marketplaces from regulation under federal securities laws.
- OpenSea's letter could be part of building a public record and clarifying its non-securities framework in case of future litigations or lobbying.
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TronWeekly
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Nasdaq Files for VanEck Avalanche ETF to Track AVAX Token
- Nasdaq has applied to the SEC to list the VanEck Avalanche ETF, which will track the AVAX token price without requiring investors to hold the tokens.
- The ETF will enable investors to access and track the AVAX price without the need for cryptocurrency wallets or trading platforms.
- Grayscale Investments also plans to launch an AVAX-backed ETF, indicating the increased demand for AVAX-backed investment products.
- VanEck continues to pursue the registration of altcoin ETFs, with previous filings for Bitcoin, Ether, Solana, and Binance Coin ETFs.
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TronWeekly
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Magic Eden Moves Beyond NFTs with Slingshot Acquisition
- Magic Eden, an NFT marketplace, has acquired Slingshot, a crypto trading application, to expand its services.
- The acquisition will enable Magic Eden to offer fiat-to-crypto options and AI tools.
- Magic Eden will broaden its reach to over 8 million tokens across different blockchain networks.
- The acquisition aims to strengthen Magic Eden's position and improve user experience in the crypto trading market.
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Hackernoon
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Whale NFT Bridge Goes Live: TON To Solana Migration Launches On Bridgemedaddy.com
- Whale.io has launched an NFT bridge, moving its collection from TON to Solana via bridgemedaddy.com.
- The Whale NFTs are now listed on Magic Eden, a major Solana NFT marketplace.
- Magic Eden provides a platform for Whale NFTs to thrive with its user base and fast transactions.
- The bridging process from TON to Solana is facilitated through bridgemedaddy.com.
- Users must connect a TON-compatible wallet, choose NFTs, provide a Solana wallet address, and execute the transaction.
- The Whale NFTs undergo burning on TON and minting on Solana with new traits and rarity.
- The Whale collection chose Solana for its speed, cost-efficiency, and NFT-friendly ecosystem.
- Magic Eden's marketplace features enhance Whale NFT visibility and trading on Solana.
- The move to Solana is expected to maintain Whale NFT's market success and strategies like buybacks and burns.
- Whale.io promises ongoing developments and enhancements in the NFT space on Solana.
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