Weekly NFT News Digest: April 14 – 20, 2024

Weekly NFT News Digest: April 14 – 20, 2024

Table of contents

We present the NFT News Digest for the past week from 14 to 20 April. Follow the links to learn more about each news.

And here are the main market news for this week:

  1. CyberKongz, a pioneering Ethereum NFT project, has ventured into the realm of Bitcoin NFTs with the launch of its highly anticipated collection, Prometheans.
  2. The value of Bored Ape Yacht Club (BAYC) NFTs has plummeted by more than 90% from its peak, hitting a low not seen since 2021.
  3. Adidas and move-to-earn platform STEPN are joining forces to introduce a limited collection of NFT sneakers, merging fitness with cutting-edge technology.
  4. PayPal, a leading online payment platform, has announced significant changes to its policies regarding NFT transactions, set to take effect on May 20.
  5. Magic Eden, a Solana-based marketplace, emerged as the leading platform in March, surpassing industry giant Blur.
  6. Ronin, the EVM chain developed by Sky Mavis, is gearing up for the arrival of Ragnarok: Monster World, MMORPG, set to launch in the third quarter of 2024.
  7. Yuga Labs has transferred ownership of two gaming intellectual properties, HV-MTL and Legends of the Mara, to the prominent Web3 gaming studio, Faraway.

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