Marc Cuban wallet dumps NFTs, market volume drops 45%: Nifty Newsletter

In this week’s newsletter, read about Japanese game company Konami partnering with Avalanche on a newplatform. Check out how Bitwise’s advertisement can be minted as an NFT, and get the latest on the wallet owned by billionaire Marc Cuban’s selling NFTs. In other news, digital collectibles market volume dropped by 45% in the second quarter of 2024.Konami Digital Entertainment has partnered with the Avalanche blockchain to launch “Resella,” a new NFT platform.

Bitwise called the ad “a piece of history” and featured a young man representing Ethereum and an older man symbolizing “Big Finance.” The ad, themed around Ethereum’s constant operation, contrasts it with traditional finance’s limited hours.Billionaire Marc Cuban’s crypto wallet resumed activity on June 23, selling NFTs after nearly two years of dormancy. The wallet, with the Ethereum Name Service domain “markcuban.

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Stock Market Today: Nifty opens at record highs, cheers a likely PM Modi third termNifty 50, India’s key benchmark index, firmed up to hit a new record high above 23,300 at the open on Monday, snapping the previous week’s 2% decline.
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Stock Market Today: Nifty opens 1% lower on Tuesday, as Indian election results eyedNifty 50, India’s key benchmark index, opened 1% lower on Tuesday, reversing Monday’s over 3% rally.
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