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NFT trader Waylon Wilcox has pleaded guilty to underreporting nearly $13 million in profits from trading CryptoPunk NFTs. The Pennsylvania resident now faces up to six years in prison after admitting to filing false tax returns in 2021 and 2022.

The NFT market in 2025 is looking a lot different than it used to. Forget just showing off digital art; the big focus now is on utility.

Cryptocurrency aggregation platform CoinGecko has spotlighted the top trending categories of crypto assets on its platform as of the early hours of Thursday, March 20, 2025.

FIFA has confirmed that its FIFA Collect digital collectibles platform will migrate to the EVM-compatible FIFA Blockchain on May 20.

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Aptos’ technologies made real-world inroads, by powering the digital wallet for World Expo 2025 in Osaka, Japan. Just one week after the Expo opened April 13th, the Aptos-based wallet saw impressive user engagement: over 558,000 on-chain transactions and more than 133,000 new accounts created, showcasing its ability to perform at scale.

Solana-based NFT platform Metaplex is facing potential legal action from crypto law firm Burwick Law over its controversial plan to redirect unclaimed SOL tokens to its treasury rather than returning them to their original owners. The dispute centers around millions of dollars worth of tokens that could be swept into Metaplex’s control by the end of April.

Three Florida teenagers are facing serious criminal charges after allegedly abducting a man in Las Vegas at gunpoint and stealing $4M in digital assets. the suspects drove the victim to a remote desert in Arizona. There, they reportedly forced him to surrender his cryptocurrency and non-fungible tokens (NFTs) under threats of violence.

Adidas is taking another step into Web3 by creating a new line of non-fungible tokens (NFTs) for Xociety’s upcoming third-person shooter RPG game with role-playing game (RPG) elements. The exclusive collection includes virtual skins featuring black hoodies and neon tracksuits with official Adidas logo.

A U.S. District Court decision now requires Apple to update its App Store rules, compelling the company to permit crypto and NFT app developers to link users to external payment options free of Apple’s fees. This was from an where the court found Apple violated a 2021 injunction connected to its antitrust battle with Epic Games.

Mattel has to halt its Hot Wheels Virtual Garage NFT collection, given doubts about future digital collectible prospects. The company is taking this step to assess its virtual collectible approach due to the unpredictable nature of the market.

Solsniper has announced the closure of its NFT marketplace effective immediately. The company cited its inability to sustainably operate the platform over the past year.

Yuga Labs has formally proposed shutting down the ApeCoin DAO and transitioning its responsibilities to a newly formed entity, ApeCo, as part of a broader operational overhaul.

Raoul Pal, Real Vision CEO and well-known macro investor, specific NFTs could see a strong resurgence if Ethereum (ETH) builds momentum towards establishing a new all-time high (ATH). In a post on X, Pal to key NFT collections that could see strong upside if ETH reaches new peaks.

NFTs (non-fungible tokens) have greatly transformed the process of creating, consuming, and valuing art. As this new medium reshapes the traditional art world, it has also opened the doors to a diverse array of creators who previously lacked access to conventional gatekeeping institutions.

The Pudgy Penguins collection has surpassed the iconic Bored Ape Yacht Club in market capitalization, climbing to the number two spot globally. The move is being fueled by a massive 385% rally in the ecosystem’s native PENGU token over the past five weeks.

The NFT market reached $2.82 billion in sales in the first half of 2025, showing continued activity even as the market itself is changing.

KuCoin, a leading cryptocurrency exchange, has officially listed , the native token of a digital platform that allows users to participate in Bitcoin mining through the ownership of NFTs. The listing marks the world premiere for the token on a major centralized exchange.

A federal court in California has ruled that Bored Ape Yacht Club (BAYC) NFTs are not securities, closing a class-action lawsuit that had challenged the legal status of one of the most well-known digital collectible projects. The decision ends years of uncertainty surrounding Yuga Labs’ compliance with U.S. securities law and marks one of the simplest judicial statements yet on non-fungible tokens’ (NFTs) regulatory classification.

Arthur Hayes, co-founder of BitMEX, that CryptoPunks will outperform Ethereum this cycle in US dollar terms, arguing it’s less about blockchain fundamentals and more about status signaling in the digital age.