NFT Inspect, a popular research tool to measure the value of an NFT and the strength of its community, is turning off its virtual lights on Jan. 17, according to a tweet by the project.
“After months of working and reworking, we’ve come to the difficult conclusion that we cannot maintain Inspect going forward,” the team tweeted Wednesday. “We want to sincerely thank each and every one of you for your support over the rollercoaster of this last year.”
For those on Crypto Twitter, NFT Inspect would allow users to track the NFTs used in the profile pictures of the most prolific tweeters. It would let a researcher see which NFT projects are ‘in’ amongst Crypto Twitter’s hip crowd, and flag changes.
The decision to shutter the project comes as market interest in NFTs has collapsed.
Data from a recent NonFungible report shows that there has been a staggering 77% fall in the global trading of NFTs between the second and third quarters of 2022, with a total volume of $1.7 billion in the third quarter of 2022. An 84% decrease in resell profit was observed during the period, according to the report.
Figures provided by CryptoSlam from December 2022 show that roughly $650 million in NFTs were sold during the month. This compares to the approximately $2.6 billion in NFTs that were sold in December 2021.
Nikhil Gopalani said he was hacked by a “clever phisher” who poached his NFT collection.
Cryptocurrencies are off to a quiet start this year, though investors are bracing for more pain ahead. Bitcoin edged up 1% from its Tuesday late-afternoon ET level to trade at about $16,841 apiece Wednesday. Ether gained about 3%. Both have traded in a narrow range in recent weeks. The crypto sector suffered a series of blows last year, including the collapse of a [cryptocurrency and its sister coin](https://www.wsj.com/articles/crash-of-terrausd-shakes-crypto-there-was-a-run-on-the-bank-1165237
A possible strike by thousands of New York City nurses loomed Monday even as nurses at one hospital reached a tentative agreement hours before their contract was set to expire. The pact affecting 4,000 nurses at NewYork-Presbyterian Hospital awaits ratification. Contract talks between nurses and seven other hospitals will resume this week to avert a strike by 12,000 other nurses as early as next Monday, Jan. 9.
The National Crime Agency's Crypto Cell follows the posting of crypto experts with local police across the country.
The FDIC, Federal Reserve, and the Office of the Comptroller of the Currency collaborated on the declaration.
Curve tokens (CRV) are issued as yield farming rewards to liquidity providers on Curve Finance, and can be converted into vote-escrowed CRV (veCRV).
The last Dogecoin rally happened in 2021. Is it too soon to be talking about another rally this year?
The two bankrupt businesses will end the hosting agreement which Core Scientific said was costing it $53,000 a day.
I am deeply concerned by this increase in fatal violence toward women in our community, particularly because it coincides with a disturbing trend we are seeing at Refuge House.
Roku announced it's launching its own TV line at CES 2023.
Nvidia announced it's teaming up with Foxconn on electric cards and debuted a slew of laptop graphics cards at CES.
Intel says it now has the world's fastest mobile processor.
Qualcomm CEO Cristiano Amon discusses a microchip "revolution" in EVs and talks future production for Samsung and Apple smartphones in an exclusive "Claman Countdown" interview.
In a pre-CES keynote presentation, the chip maker also announced updated graphics chips and PC designs.
The company’s shares fell 27.2% in 2022, performing worse than the broader market.
The figures represent 80% of all registrations since the service launched.
Microsoft Corp is in the works to launch a version of its search engine Bing using the artificial intelligence behind OpenAI-launched chatbot ChatGPT, The Information reported on Tuesday, citing two people with direct knowledge of the plans. Microsoft could launch the new feature before the end of March, and hopes to challenge Alphabet-owned search engine Google,the San Francisco-based technology news website said in a report. Microsoft said in a blog post last year that it planned to integrate image-generation software from OpenAI, DALL-E 2, into Bing.
The company hasn't named its partner, but it's believed to be one of the world's largest phone manufacturers.
Apple stock stumbled in the last month, but these two things could make the company worth investing in.
Pillows that stifle snores, urine-testing toilets, and "digital twins" for safer surgeries were all on display at a CES gadget fest in Las Vegas Tuesday, ahead of the opening of the consumer electronics extravaganza.
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