According to Odaily, Stashh Labs, an NFT platform, has announced the completion of a funding round that raised $3.3 million. The investors involved in this round included Animoca, 6th Man Ventures, and Shima Capital. Stashh Labs plans to use these funds to further build an NFT platform for creators and collectors within various decentralized ecosystems. In addition, the funding will support the development of Stashh 2.0, which aims to expand support for more blockchain ecosystems, attract more creators, and launch more news, games, and other social features on its platform.

According to Odaily, MintSwap NFT Marketplace has launched on the Mint mainnet. The platform now supports the listing, trading, and data indexing of NFT projects on the Mint mainnet. MintSwap is a DEX & NFT Marketplace trading protocol developed on the Mint Blockchain. It provides Token DEX, NFT trading, and NFTFi functions for the Web3 network. MintSwap's launch on the Mint mainnet marks a significant step in the expansion of the platform's capabilities. The integration of the Mint mainnet will allow for a more seamless and efficient trading experience for users. The platform's support for listing, trading, and data indexing of NFT projects on the Mint mainnet will also provide users with more opportunities to engage with and invest in NFT projects. The MintSwap platform is a DEX & NFT Marketplace trading protocol that has been developed on the Mint Blockchain. This development allows MintSwap to provide a range of services to the Web3 network, including Token DEX, NFT trading, and NFTFi functions. These services are designed to enhance the trading experience for users and provide them with more opportunities to engage with the NFT market. In conclusion, the launch of MintSwap on the Mint mainnet is a significant development in the NFT market. The platform's enhanced capabilities will provide users with a more seamless and efficient trading experience, as well as more opportunities to engage with and invest in NFT projects.

According to Odaily, Taiko has announced the launch of Taikoons mint on the X platform. Whitelisted users can now acquire this NFT through the official website. In the upcoming Trailblazers event, at the end of each season, Taikoons holders will receive double experience points (XP). In a previous announcement in April, Taiko stated that it would issue the Genesis NFT series Taikoons, with a total of 888 units. Taikoons represents the first instance of community building and empowerment on the Taiko blockchain. This move is seen as a significant step in the development and expansion of the Taiko platform and its community.

According to Odaily, the co-founder of STEPN GO, Yawn Rong, has disclosed the results of the second round of 'Co-founder Q&A'. In response to queries about the number of Genesis Sneakers within the STEPN GO application, Rong stated that the total number of Genesis Sneakers for both STEPN and STEPN GO is 20,000 pairs. The maximum number of Genesis Sneakers within STEPN GO will be 20,000 minus the number already existing within STEPN. This implies that there are approximately 8,000 pairs of Genesis Sneakers still available within the STEPN GO application.

According to Odaily, the Ethereum address rayjang.eth has reportedly fallen victim to a cyber phishing attack by Fake_Phishing187019. The attack resulted in the theft of the digital asset CloneX #6753, which was held by the victim. The incident underscores the increasing risk of cyber attacks in the digital space, particularly phishing attacks that target unsuspecting users. It serves as a reminder for users to exercise caution and implement robust security measures to protect their digital assets. Further details about the incident, including the value of the stolen CloneX #6753 or any potential leads on the perpetrators, were not provided. The incident is a stark reminder of the potential risks associated with digital asset ownership and the importance of maintaining strong security protocols.

According to Odaily, Galaxy Digital, a company led by Michael Novogratz, has announced the tokenization of a Stradivarius violin owned by Yat Siu, the co-founder of Animoca Brands. The violin, which was crafted in 1708 and is worth approximately $9 million, was once owned by Catherine the Great of Russia. Galaxy Digital stated that the tokenization of this iconic instrument, renowned for its unparalleled craftsmanship and long history, signifies a significant advancement in the application of blockchain technology in unlocking the value of unique real-world assets. The company also revealed that Siu will use the tokenized violin as collateral for financing in the Galaxy Global Markets business. This move by Galaxy Digital highlights the growing trend of tokenizing physical assets, allowing them to be traded and owned in a digital format. It also underscores the potential of blockchain technology in transforming the way we perceive and handle valuable assets.

According to Odaily, court documents released on Monday reveal that Dapper Labs, the company behind NBA Top Shot and other NFT series, has reached a settlement with disgruntled customers over a years-long class-action lawsuit. The customers believed that Top Shot NFTs were illegally offered securities. As part of the settlement, Dapper Labs will pay the plaintiffs $4 million. These funds include compensation for the plaintiffs' claims and will cover legal costs. If the settlement is approved, the plaintiffs will relinquish any future rights to claim that Top Shot NFTs are securities. Dapper Labs CEO Roham Gharegozlou stated that the settlement provides legal clarity and allows the Dapper Labs team to focus on its core mission of providing an unparalleled experience for its core users. In February of last year, a federal judge ruled that the lawsuit could proceed because NBA Top Shot NFTs 'might' meet the definition of securities issuance. The key to the judge's ruling was that NBA Top Shot NFTs exist on the Flow blockchain network, originally developed by Dapper. The judge considered Flow to be a 'private' blockchain, unlike Bitcoin or Ethereum networks, which are not controlled by any entity. The company has always insisted that Flow is sufficiently decentralized and not under Dapper's control, as the network is maintained by the independent Flow Foundation. However, a Dapper co-founder added that the plaintiffs in the class-action lawsuit demanded the company make 'certain business changes' as conditions of the settlement. These demands have been accepted by Dapper, including the company transferring all its FLOW tokens to the Flow Foundation. Other demands, such as allowing third-party markets other than Dapper to trade NBA Top Shot NFTs and the company's requirement to process withdrawals more promptly, were resolved years ago.

According to Odaily, Alchemy Pay, a provider of cryptocurrency payment solutions, has announced that its NFT Checkout solution is now available for purchasing physical digital collectibles. The solution has reportedly been integrated into the Web3 physical digital fashion platform, Another-1, which is built on Polygon. This development marks a significant step forward in the integration of blockchain technology into the world of fashion and collectibles. The NFT Checkout solution by Alchemy Pay allows users to purchase physical digital collectibles using cryptocurrency, thereby bridging the gap between the digital and physical worlds. The integration of the NFT Checkout solution into the Another-1 platform, which is built on the Polygon blockchain, further enhances the platform's capabilities. This collaboration is expected to provide a seamless and efficient purchasing experience for users interested in acquiring physical digital collectibles. In conclusion, the launch of Alchemy Pay's NFT Checkout solution and its integration into the Another-1 platform is a significant development in the world of digital fashion and collectibles. It not only enhances the purchasing experience for users but also demonstrates the potential of blockchain technology in transforming various industries.

According to Foresight News, Smart Layer, a programmable service network, has announced that current Smart Cat holders can now mint Seven Dragons NFTs. The minting portal is currently open and will close in nine days. In addition, if users successfully pledge assets on the Smart Layer Launchpad, each wallet will be able to mint a maximum of two NFTs. The Seven Dragons NFTs can be used to earn and collect points, and offer priority participation in events and experiences. This move by Smart Layer provides an opportunity for Smart Cat holders to further engage with the platform and potentially increase their digital assets.

According to Foresight News, former professional boxer Floyd Mayweather has been accused of involvement in several NFT (Non-Fungible Token) scams. The allegations were made by blockchain detective ZachXBT, who noted that Mayweather had posted and subsequently deleted tweets containing fraudulent information. ZachXBT revealed that Mayweather had previously been involved in NFT scams including Mayweverse and RealFloydNFT. He also allegedly promoted fraudulent projects such as Ethereum Max, Bored Bunny, Moonshot, and a 2018 ICO. However, the tweets related to these scams have since been removed from Mayweather's account. The accusations against Mayweather highlight the potential risks associated with the rapidly growing NFT market. As the popularity of NFTs continues to rise, so does the number of scams related to them. This incident serves as a reminder for investors to exercise caution when dealing with NFTs and other digital assets.

According to Odaily, Magic Eden, a notable player in the NFT market, has achieved a significant milestone. Data from the website tiexo.com reveals that in the past 24 hours, Magic Eden has ranked first in trading volume across the three major NFT ecosystems of Bitcoin, Ethereum, and Solana. This achievement underscores Magic Eden's growing influence in the NFT market, which is increasingly becoming a significant part of the digital economy. The platform's success in these three major ecosystems demonstrates its ability to navigate and succeed in diverse digital environments. However, it's important to note that the NFT market is highly volatile and subject to rapid changes. Therefore, while Magic Eden's current performance is impressive, its future position in the market remains uncertain and will be influenced by various factors, including market trends and consumer preferences.

According to PANews, the US Treasury Department has recently published its inaugural risk assessment report on Non-Fungible Tokens (NFTs). The report scrutinizes the tendency of NFTs to be misused by illicit actors. It highlights numerous risks associated with NFTs, including fraud, scams, copyright and trademark infringements, and vulnerabilities to money laundering activities. The report states, 'The assessment found that NFTs are highly susceptible to fraud and scams and are prone to theft. Moreover, some NFT companies and platforms lack appropriate control measures to mitigate risks to market integrity, as well as combat money laundering, terrorist financing, and sanction evasion. The assessment found that insufficient cybersecurity protection, challenges related to copyright and trademark protection, and the hype and price volatility of NFTs and NFT platforms, could enable criminals to commit fraud and theft related to NFTs and NFT platforms.'

According to PANews, despite an upward trend in April 2024, blockchain-based digital collectibles saw a slowdown in May. Data from tracking agency CryptoSlam indicates that the global sales of Non-Fungible Tokens (NFTs) in the past 30 days were $624 million. This is a 54% decrease compared to April when NFT sales exceeded $1 billion. Bitcoin-based NFTs topped the sales in the past 30 days with over $179 million. However, this is a 68% drop compared to April. Meanwhile, Ethereum and Solana, the second and third highest-selling blockchains, also experienced a decline in May. The data shows that the sales of these two blockchains decreased by 55% and 48% respectively. Among the top 10 NFT series, Solana-based Mad Lads and Ethereum-based series CryptoPunks and Bored Ape Yacht Club (BAYC) saw the largest declines. BAYC experienced the most significant drop in sales, with a decrease of 54%. Mad Lads' sales fell by 44%, while CryptoPunks' sales dropped by 41%.

According to PANews, Mint Blockchain, an Ethereum L2 network focusing on the NFT sector, has successfully raised $5 million in a seed funding round. The investors include Jsquare, SNZ Capital, Antalpha Ventures, Mask Network, BlockAI Ventures, Predator Capital, GoPlus, Whitelist Ventures, PANONY Group, and individual investors such as Victor, the founder of Smart Token Labs, and Mike, the founder of GoPlus. The funds raised will be used for global market brand building and NFT infrastructure development for Mint Blockchain. In addition to successfully completing the seed funding round, Mint's main network was launched in May 2024. Currently, the Mint main network has over 400,000 active users and supports more than 80 applications. The Mint Blockchain is an Ethereum L2 network jointly launched by NFTScan Labs and the MintCore development team. It is built on the open-source development stack OP Stack, developed and maintained by the Optimism Collective. As an EVM-compatible network and a true Ethereum L2, developers in the Ethereum ecosystem can seamlessly extend their projects to the Mint Blockchain network.

According to Foresight News, ChainGPT has entered into a partnership with Arbitrum. This collaboration will allow developers and builders to use ChainGPT's AI NFT generator to directly mint NFTs on Arbitrum, thereby enhancing NFT creation and blockchain integration. This partnership aims to provide a more streamlined process for NFT creation and integration into the blockchain. The use of ChainGPT's AI NFT generator on Arbitrum's platform is expected to bring about significant improvements in the NFT space.

Football superstar Cristiano Ronaldo is launching his latest NFT drop, "Forever Worldwide: The Road to Saudi Arabia", giving collectors a unique opportunity to meet him in person and hold a slice of his football legacy in their digital collection. The NFT series maps Ronaldo's career journey, from Madeira to Saudi Arabia, with each NFT representing an iconic location. Each NFT is generated with a 'Collect to Earn' mechanism and a 'Fastest to Collect' feature, providing holders with various benefits such as match tickets and vintage football jerseys. Of special note is the Super Super Rare (SSR) Portugal NFT, which offers an in-person meet-and-greet with Ronaldo. The campaign, starting from May 29 through to June 14, 2024. To celebrate Cristiano’s participation in the European Championships, Binance users will have a fee-free experience purchasing CR7 NFTs on Binance Marketplace on select dates.

According to Odaily, gaming company Square Enix has launched its NFT project, SYMBIOGENESIS, on Arbitrum. The project will conduct NFT auctions on the Arbitrum chain. The auction of 1500 NFTs under SYMBIOGENESIS is set to commence on May 31 at 10:48 Beijing time. Square Enix, a renowned gaming company, has taken a significant step into the world of NFTs with the launch of its project SYMBIOGENESIS on Arbitrum. The project will leverage the Arbitrum chain to conduct its NFT auctions, marking a significant milestone in the company's foray into the blockchain space. The auction, which is set to kick off on May 31 at 10:48 Beijing time, will feature 1500 NFTs from the SYMBIOGENESIS project. This move by Square Enix underscores the growing interest and investment in NFTs by major companies across various industries.

According to Odaily, the value of PEPE, a leading non-fungible token (NFT), has dropped to $6.2 billion, slightly lower than its historical high of $6.9 billion on May 27. The cumulative value of the top 30 NFT projects is slightly above $4 billion. Leading NFT projects such as CryptoPunks, Bored Ape Yacht Club (BAYC), and Pudgy Penguins have market values of $1.2 billion, $488 million, and $365 million respectively. CryptoSlam's 500 NFT index, which tracks the top 500 NFT series, has seen a year-on-year decline of 40%. Since the platform began recording prices, the index has fallen by 95%. According to Dune's data dashboard, the number of active NFT traders has also been on a noticeable downward trend. OpenSea, once a top market, has seen a more than 90% drop in weekly traders, from 187,000 in June 2022 to less than 10,000 currently. Most other NFT platforms, such as Blur, Magic Eden, and LooksRare, have had similar experiences to OpenSea. The total number of weekly traders across all platforms has plummeted from 201,000 in June 2022 to 24,300 today. Meanwhile, despite PEPE's price dropping by 8%, it has surged tenfold over the past year.

According to Odaily, Franklin, a prominent figure in the Non-Fungible Token (NFT) space, has announced his role as a validator for the Blast Ecosystem's Meme project, Pacmoon. He currently holds 10,000 PAC tokens. Franklin's involvement in the project is significant due to his status as a 'whale' in the NFT market, indicating a substantial investment and potential influence on the project's future direction. The Blast Ecosystem's Meme project, Pacmoon, is likely to benefit from this association, given Franklin's reputation and influence in the NFT space. This development marks a significant milestone for the Blast Ecosystem and its Meme project, Pacmoon, as they continue to expand and evolve in the dynamic and rapidly growing NFT market.

According to PANews, OpenSea, a marketplace for non-fungible tokens (NFTs), has announced its support for NFTs on the Sei network. Users can now buy, sell, or bid on NFTs on the Sei network. This development expands the options for users to engage in NFT transactions.