Global, May 2025: The digital art gold rush has hit a startling reality. Across the globe, NFT marketplaces that once symbolized a financial and cultural revolution are now shutting down. This wave of closures follows a catastrophic 93% crash in art trading volume and a dramatic exodus of speculative collectors. The situation exposes fundamental flaws […]
NEW YORK, February 2025 – The digital art world received seismic news today as Nifty Gateway, one of the pioneering NFT marketplaces owned by cryptocurrency exchange Gemini, announced its definitive shutdown scheduled for February 23, 2025. This unexpected development marks a significant moment in the evolving NFT landscape, prompting immediate questions about user asset security […]
Hong Kong, March 2025 – The non-fungible token market demonstrates remarkable resilience despite recent volatility, according to Animoca Brands co-founder Yat Siu. In an exclusive interview with CoinDesk, the blockchain pioneer reveals how wealthy collectors continue driving substantial activity within the digital assets space. This development challenges prevailing narratives about the NFT market’s health while […]
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