SEC Drops Investigation into OpenSea: A Sign of a Shifting Regulatory Landscape In a recent development that has caught the attention of the cryptocurrency community, the U.S. Securities and Exchange Commission (SEC) has decided to drop its investigation into OpenSea, one of the largest NFT (non-fungible token) marketplaces in the world. This decision comes as […]
Most NFT Collections Now 'Dead' in 2024: An Industry in Decline
The landscape of non-fungible tokens (NFTs) has undergone substantial change, leading to a startling revelation for the digital art and collectibles market. According to a recent analysis by NFT Evening, a staggering 96% of over 5,000 NFT collections are now considered “dead” as of 2024. This statistic highlights an alarming reality: these collections have not […]