Chiliz price surges amid adoption in South Korea and UEFA Champions League ex…

In recent developments, chiliz price rose more than 13% to above $0.0433. Korea’s Naver Pay has onboarded nearly 1 million users to the Chiliz Chain. Top European teams with fan…

Digital Art NFT Marketplace Foundation Closes After Failed Acquisition in Ear…

In recent developments, foundation, the Ethereum-based non-fungible token ( NFT) marketplace that processed roughly $230 million in primary digital art sales since its 2020 launch, has shut down for good…

Ethereum NFT platform Foundation shuts down after failed Blackdove sale

In recent developments, foundation is shutting down after a failed sale to Blackdove, having processed about $230 million in NFT primary sales since its launch in 2021. Looking closer, market…

Yuga Labs settles lawsuit against artists accused of copying its NFTs

In recent developments, yuga Labs first filed a lawsuit in June 2022, accusing Ripps and Cahen of copying its Bored Ape Yacht Club cartoon ape images and selling lookalike NFTs.…

Alleged $54M Uranium Finance hacker faces 30 years in prison

In recent developments, prosecutors allege the stolen funds were used to purchase collectibles, including Pokémon cards, antique Roman coins and a piece of fabric from the Wright brothers’ plane. Looking…

Crypto finally got SEC clarity. Why didn’t the market care?

In recent developments, the SEC and CFTC just gave crypto its clearest and most straightforward regulatory guidance in years. Most crypto assets will no longer be treated as presumptive securities,…

SEC Chair explains why NFTs fall outside of securities laws

In recent developments, paul Atkins says nonfungible tokens are typically collectibles, not investment contracts, as the agency outlines new categories of digital assets outside securities laws. Looking closer, market participants…

OpenSea postpones SEA token launch, citing ‘challenging’ conditions

In recent developments, openSea’s SEA token was first announced last October, when the platform revealed it would be transitioning from an NFT marketplace to one that can “trade everything.” Looking…

NFT Marketplace Nifty Gateway to Close Platform, Enter Withdrawal‑Only Mode

In recent developments, nifty Gateway announces platform closure and moves to withdrawal‑only mode, with asset withdrawal instructions for users. The non-fungible token ( NFT) marketplace Nifty Gateway announced that the…

Once-prominent NFT marketplace Nifty Gateway to wind down operations

In recent developments, the Gemini-owned NFT platform will close on Feb. 23, 2026, entering withdrawal-only mode as another major casualty of the sector’s prolonged downturn. Looking closer, market participants highlight…