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South Africa’s First NFT Marketplace, Momint, Shuts Down Amid Market Pressures

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Momint, a South African Web3 and crypto startup, has announced its closure due to rising operational costs, limited user growth, and a challenging funding environment. Founded in 2021, it was recognized as the country’s first NFT marketplace supporting local currency transactions and gained attention with significant NFT sales. The company raised $2.1 million in seed […]

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A Layer-2 Scaling Solution For NFTs

Leave a Comment / Ethereum, Fee, Gas, Mainnet, network, nft, Platform, Token, Trading, Transaction / best time

Immutable X (IMX) is the native utility Ethereum-based token of the Immutable X platform, which is a layer-2 scaling solution for NFTs (Non-Fungible Tokens). About the platform Immutable X platform is designed to facilitate fast and gas-free trading of NFTs on the Ethereum network. It uses ZK-Rollups, a type of Layer-2 solution, to

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Fake Insiders Posing As IT ‘Experts’ Rack Up Million–ZackXBT

Fake Insiders Posing As IT ‘Experts’ Rack Up $1 Million–ZackXBT

Leave a Comment / Bitcoin, ChainSaw, crypto, Crypto News, IT, nft, Replicandy, Web3, zachxbt / best time

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure NFT projects lost roughly $1 million in crypto over the past week when hackers posed as IT staff and struck at the heart of minting systems. The breach hit fan-token marketplace Favrr and Web3 initiatives Replicandy and ChainSaw, among others. According to onchain

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BAYC and Pudgy Penguins Launch on TON, Making it the #1 NFT Blockchain – Is Toncoin Coming?

BAYC and Pudgy Penguins Launch on TON, Making it the #1 NFT Blockchain – Is $5 Toncoin Coming?

Leave a Comment / Blockchain News, News, nft, TON Blockchain / best time

The Telegram-backed Layer-1 blockchain TON has successfully reclaimed the $3 psychological threshold, driven by a wave of NFT-related developments that have transformed the network’s ecosystem in recent weeks. At the time of writing, Toncoin is trading at $2.99, marking a 2.4% increase from its intraday low of $2.92. Source: CryptoNews This performance has maintained the

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SOL-Based NFT Marketplace ‘Solsniper’ Clarifies Shutting Down Only NFT Products

Leave a Comment / nft, NFT Marketplace, NFT News, Solana / best time

Solana non-fungible token (NFT) marketplace Solsniper announced Friday that it is shutting down its 3.5 years of operation, including delisting NFTs and removing bids. The platform will close on June 13, 2025, at 12 PM PST, the post on X, noted. “We will be automatically delisting everyone’s NFTs from Sniper Marketplace, removing bids, and refunding

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$3 Million NFT Fortune Vanishes To Crypto Tax and Market Crash, Here’s How

Leave a Comment / Altcoin News, Cryptocurrency News, Jonathan Mann, News, nft / best time

Key Notes Musician Jonathan Mann made $3 million from selling his songs as NFTs in January 2022. As the Ethereum price crashed in the same year, so did the value of his earnings. Still, the Internal Revenue Service office taxed him on the basis of the price he paid for the holding when he first

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Bored Apes Creator Yuga Labs Moves to Sunset Apecoin DAO, Launch Apeco

Leave a Comment / Bored Ape Yacht Club (BAYC), News, nft, Yuga Labs / best time

Yuga Labs, creator of the Bored Ape Yacht Club, has proposed terminating the decentralized Apecoin DAO and transferring its assets to a new entity called Apeco to accelerate ecosystem growth. Apecoin DAO to Dissolve Under Yuga Labs Proposal Yuga Labs CEO Greg Solano has formally proposed sunsetting the Apecoin Decentralized Autonomous Organization (DAO), calling it

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Magic Eden’s $ME Token Soars 20% After Trump Wallet News – Crash Coming or Trend Reversal?

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Magic Eden ($ME) just rocketed 20% in a surprise Solana NFT market rally, its second this year, defying months of stagnation. But the token still sits 90% below its all-time high of $14.59, leaving most investors deep in the red. The move follows a brutal drop to $0.71 in April’s black swan event, with even

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NFT Market Slips in May Despite Buyer Growth and Gains From Bitcoin, Avalanche

Leave a Comment / Blockchain, Crypto News, nft, NFT sales / best time

Based on the most recent figures, non-fungible tokens (NFTs) generated approximately $474 million in sales throughout May, marking a 21.25% decline compared to April’s total. NFT Market Declines in May NFT sales maintained their downward trajectory in May, with monthly figures falling short by $127.9 million compared to the prior month. Although the number of

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NFT Lending Market Crashes 97% as Users and Loan Sizes Plummet

Leave a Comment / lending, nft, NFT News, NFTs / best time

Key Takeaways: NFT lending volume has plunged 97% from its 2024 peak, with borrowers and lenders retreating sharply. GONDI now dominates the sector, overtaking Blend by offering longer-term, stable lending backed by art NFTs. For revival, the market needs real-world use cases and utility-driven innovations beyond protocol tweaks. The NFT lending market has tumbled by

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