News with the tag "nft"

OpenSea has acquired Rally to develop a mobile-native platform for NFT and token trading, aiming to create an 'onchain everything app' with cross-chain and AI features.

Opensea has acquired Rally to improve its mobile experience and token trading capabilities, aiming to create a more user-friendly platform where tokens and NFTs complement each other.

OpenSea has acquired Rally Wallet to expand into mobile and token-based trading, aligning with its vision to become a comprehensive web3 platform.

OpenSea has acquired Rally Wallet to enhance its mobile trading capabilities and expand beyond NFTs into a comprehensive digital asset trading platform.

NFT trading volumes have declined for the fifth consecutive quarter, dropping 80% to $823 million in Q2 2025, while the NFT lending market collapsed by 97% to $50 million monthly volume, amid major platform exits and shifting market dynamics.

OpenSea has acquired Rally, integrating its wallet technology and mobile-first design to enhance its token trading platform, with Rally's CEO becoming OpenSea's CTO.

The NFT market experienced a 10.44% increase in sales volume to $136.5 million, marking the second consecutive week of growth, alongside rising Bitcoin and Ethereum prices.

The Solana-based token PENGU, associated with the Pudgy Penguins NFT collection, has surged 64% in a week, re-entering the top 100 cryptocurrencies by market cap, amid excitement over a proposed hybrid ETF combining PENGU tokens and Pudgy Penguins NFTs.

VeChain is launching a $15 million StarGate staking program on July 1, utilizing NFT technology and an upgraded Weighted Delegated Proof of Stake system, following the SEC's clarification that protocol staking does not classify as custodial staking.

BNB Chain has launched the Maxwell hardfork to reduce block time to 0.75 seconds and enhance network efficiency, building on previous upgrades like Lorentz.