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2023 Underground Art Market Report

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Category: NFTs

Binance NFT Marketplace to Cease Support for Bitcoin NFTs

Quick take: The crypto exchange company asked users to withdraw their Bitcoin NFTs from the Binance NFT Marketplace before May 18, 2024. Users will no longer be able to buy, deposit, bid on, or list NFTs on the Binance NFT Marketplace via the Bitcoin network …

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April 4, 2024April 4, 2024 By AdsmithBroker

Binance Stops Support for Bitcoin NFTs Citing ‘Streamlining’ of Offered Products

Trading volume for NFTs is at multi-year lows. Bitcoin NFTs caused widespread network congestion in December. Binance users will not be eligible for future Bitcoin NFT airdrops. Consensus 2023: Spotlight on Ordinals New Project Bitcoin Stamps Renews Debate Over Bitcoin NFTs Ordinals NFTs Could Make …

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April 4, 2024April 4, 2024 By AdsmithBroker

Bitcoin Layer-2 Social Network Offers Rewards for ‘Touching Grass’ in NFT Game

Bitcoin and its proof-of-work algorithm have long been criticized for its excessive energy consumption by environmental groups. A new Bitcoin layer-2 staking network called Social Network aims to change this using an Ethereum Virtual Machine (EVM) and an NFT-based mobile scavenger hunt tied to its …

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April 4, 2024April 4, 2024 By AdsmithBroker

Binance to end Bitcoin NFT support in marketplace within a week

Crypto exchange Binance said its non-fungible token (NFT) marketplace will discontinue support for Bitcoin NFTs by April 18, per an April 4 statement. According to the exchange: “Starting from 2024-04-18 06:00 (UTC), users will no longer be able to buy, deposit, bid on, or list …

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April 4, 2024April 4, 2024 By AdsmithBroker

Top 10 Intriguing AI Curation Is Picking The Next NFT Investment Winners

April 4, 2024 by Diana Ambolis The world of NFTs (Non-Fungible Tokens) is a thrilling, often chaotic landscape. With new artists, projects, and collections emerging daily, identifying potential winners can feel like searching for a needle in a haystack. Enter the intriguing concept of AI-assisted …

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April 4, 2024April 4, 2024 By AdsmithBroker

Metahuahua: Discover a revolutionary crypto project

Innovative projects attract attention and set future trends in the crypto ecosystem. Metahuahua is one of those revolutionary initiatives that stand out in this universe. This one-of-a-kind project offers a deep dive into an ecosystem rich in NFTs, designed to engage and captivate its community. …

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April 4, 2024April 4, 2024 By AdsmithBroker

Franklin Templeton Highlights Bitcoin Ordinals as Innovation Catalyst

Franklin Templeton, the global investment giant, has positioned Bitcoin Ordinals at the forefront of a burgeoning renaissance within the Bitcoin ecosystem. The introduction of Ordinals, a system that allows for the creation of NFTs directly on the Bitcoin blockchain, has catalyzed a revival of activity, …

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April 4, 2024April 5, 2024 By AdsmithBroker

Binance NFT Marketplace Axes Support for Bitcoin Ordinals

Crypto exchange Binance has announced that its NFT marketplace will no longer support Bitcoin Ordinals. In a blog post, Binance noted that the decision to axe support for the NFT-like inscriptions was taken “as part of its ongoing efforts to streamline product offerings” on its …

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April 4, 2024April 4, 2024 By AdsmithBroker

Binance To Cease Support For Bitcoin NFTs, NFT Market Recovery Doomed?

Story Highlights Binance reveals plans to cease support for all Bitcoin NFTs trading. Binance’s announcement also encompasses Bitcoin ordinal Runestone. NFT market braces for a potential impact as the world’s leading CEX discontinues support for one of the largest NFTs. In an unprecedented turn of …

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April 4, 2024April 4, 2024 By AdsmithBroker

Binance NFT to cease support for trades and deposits of Bitcoin NFTs

Binance NFT will cease support for trades and deposits of Bitcoin NFTs effective April 18, 2024 06:00 (UTC). Users are advised to withdraw their Bitcoin NFTs from the Binance NFT Marketplace via the Bitcoin network. Starting from April 18, 2024 06:00 (UTC), users will no …

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April 4, 2024April 4, 2024 By AdsmithBroker

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