DeFI News by Thebittimes.Com

The non-fungible token appears to take an upside trajectory again this new month after gaining significant momentum in July 2025. The NFT market began showcasing potential signs of a surge over the weekend after a rare Bored Ape non-fungible token sold for +600 ETH, or equivalent to over $2.3 million. In yet another incident, a punk non-fungible token collection has been sold for over $2.5 million. Rare Punk NFT Sells For $2.5M Data gathered by Cryptoslam.io, a multi-chain crypto market data aggregator and a non-fungible token collection explorer, which collects its data from more than 20 blockchain networks, shows a rare punk has exchanged hands for a huge sum in the past few hours. Late yesterday, data shows that an anonymous NFT investor has bought CryptoPunk #1021 NFT for 720 ETH, equivalent to over $2.5 million. The Punk #1021 is part of CryptoPunks, a globally acknowledged non-fungible token collection featuring a fixed supply of 10,000 pixilated NFTs hosted on the Ethere...

OpenSea, one of the largest decentralized market platforms allowing users to buy, sell and trade non-fungible tokens, continue gaining massive traction among crypto and non-fungible token users. In the past 24 hours, the marketplace has seen more than 14,000 users, taking up 69% of the total marketplace users. The increase in trading activities appears ahead of the highly anticipated $SEA airdrop. Opensea activity surges ahead of the airdrop In May, @opensea reached a 2-year high in monthly active users, hitting 467K. Monthly NFT sales also climbed to 2.12M which is very close to a 30-month peak. The upcoming $SEA TGE and the airdrop appear to be the key drivers behind… pic.twitter.com/hawpuuy8lX — CryptoRank.io (@CryptoRank_io) June 10, 2025 OpenSea Takes 70% Of Daily NFT Users Data compiled by nftpulse.org, an on-chain non-fungible token aggregator, shows that OpenSea is the leading marketplace in terms of users. In the past 24 hours, the OpenSea NFT marketplace h...

Non-fungible token items can be a good investment for some, offering massive returns and unique ownership of digital assets. However, they are also highly speculative and volatile. NFT projects heavily rely on a strong community for their success. Even though the technology behind NFTs is important, the community surrounding them drives engagement, marketing, and ultimately, the value of the NFTs themselves. In essence, a thriving NFT community acts as a network of enthusiasts who are passionate about the project, its art, and the community itself, ultimately contributing to its success and longevity. This investment insight makes the NFT marketplace coins one of the best digital assets to watch in 2025. Below, we have listed some of the most-selling NFT marketplace coins this week: 1. Magic Eden $ME $ME is the official token that powers the Magic Eden, a non-fungible token marketplace used for buying, selling, and trading NFTs across various blockchains, including Solana, Ethereum,...

VK, one of the largest social media platforms in the Russian Republic, has announced plans to shut down its non-fungible token marketplace. The social media company will close its non-fungible token market next week, April 15, 2025. VK will join other notable companies, like X2Y2, Kraken, and Bybit Crypto Exchange, which have also shut down their NFT markets. VK Shuts Down Its NFT Marketplace In an April 7 site publication, the Kremlin-backed social media network VK confirmed plans to close its NFT platform, VK NFT Hub, this month. The social media company VK will end its service delivery for non-fungible tokens on April 15, 2025. The social media company has advised its users to transfer their non-fungible token collections to external crypto wallets before the deadline. 📢 VK will shut down its NFT Hub on April 15 following a $1.1B net loss in 2024, as the broader digital collectible space contracts. Users are advised to transfer assets.#NFT #Web3https://t.co/fNdCu5aSt...

Nickelodeon, an American cartoon television channel, has announced plans to launch a series of cartoon-themed non-fungible tokens (NFTs) on the OpenSea NFT marketplace. The highly anticipated NFTs will act as companions to the “Rugrats and Hey Arnold” cartoon on Nickelodeon. On July 12, 2022, American cartoon television confirmed plans to launch new cartoon-themed NFTs on NFT Marketplace OpenSea. Nickelodeon has teamed up with tech company Recur to create the new NFTs. The highly anticipated NFTs, which will officially drop this Friday, July 15, 2022, will mark the official entry of childhood memories into Metaverse. The new NFTs will not just connect the audience buts also stay relevant despite the targeting audience losing touch with trends amid the current crypto market dump. Zack Bruch, the CEO of Recur, shared his excitement: “We are so excited to partner with Nickelodeon. Building the Nickelodeon NFT experience transported me back to some of the best c...

Mintverse, a comprehensive NFT aggregator and marketplace, has partnered with WARP Game, a BSC based project centered around combining Decentralized Finance (DeFi) and real-world games into a single play-to-earn format, to further enhance the NFT, Metaverse, and web3 ecosystem. Some of the awesome Features on Mintverse include: 0% platform fee for all sellers Shopping cart to bulk buy NFTs (save gas and time!) Chat box feature which allows users to message the collectors of their favorite NFTs, Drops Expanding Multichain NFT Network About Mintverse Mintverse is the world’s leading NFT aggregation marketplace, where users can easily create, collect and trade various types of NFT assets. Mintverse is aggregating liquidity for over millions of NFT assets across ETH, BNB Chain, Moonbeam, and Polygon offering users with the best available price. The platform has also aggregated the most comprehensive NFT asset database on both those chains with a plan to expand to other public ch...

Lucky Block, one of the most prominent NFT competition and games platforms in the crypto market , has launched a giveaway with $1 million in Bitcoin (BTC) up for grabs. We have created the perfect guide for interested participants to win.  Win $1 Million in Bitcoin  Recently, Lucky Block’s developers announced what could easily be their most popular prize competition. Participants have the opportunity to win $1 million worth of Bitcoin, and all they have to do is purchase one of the Lucky Block NFTs.      For the competition, Lucky Block’s developers created a new NFT collection. There are 25,000 tokens in the collection, all of which cost 0.254 BNB each. Players who purchase more than one NFT have a greater chance of winning.  Visit Lucky Block How to Enter the Competition  Interested in winning $1 million ? Follow the steps outlined below:  Visit the Competition Page  The first step is visiting the $1 mi...

The use cases of Polygon have been on the rise. For instance, last week it was announced that the said blockchain was being used by police in an Indian state to fight against local corruption and crime. In fact, there have been a couple of more recent developments associated with the adoption of Polygon as well. A day back, Brazilian Fintech Bank Nubank announced the creation of the Nucoin token on the Polygon blockchain. The same has paved the path for a rewards program for the bank’s 70 million clients across Latin America.  Commenting on the said development, Sandeep Nailwal, co-founder of Polygon said in a statement, “One of the largest digital banking institutions in the world, offering its own cryptocurrency is a strong testament to the utility blockchain and crypto have to offer.”  Fernando Czapski—General Manager, Nucoin—said, “This project is another step ahead in our belief in the transformative potential of blockchain technology and to democ...