NFT sales hit 12-month low after cryptocurrency crash

Non-fungible tokens (NFTs)

Sales of non-fungible tokens totalled just over $1bn in June, compared with peak of $12.6bn in January

Non-fungible tokens have been swept up in the cryptocurrency crash as sales reached a 12-month low in June.

NFTs confer ownership of a unique digital item – often a piece of virtual art – upon someone, even if that item can be easily copied. Ownership …….

Cryptocurrency broker Voyager Digital files for bankruptcy protection

Cryptocurrencies

US firm latest victim of digital asset slump, blaming move on ‘volatility and contagion’ in crypto markets

A US cryptocurrency broker and lender has filed for bankruptcy protection, becoming the latest domino to fall in the embattled digital asset market.

Voyager Digital had suspended all withdrawals and trading last week but said “volatility and contagion”…….

Celsius Networks: cryptocurrency lender files for bankruptcy

Cryptocurrencies

Company enters Chapter 11 process as fallout continues from collapse of global cryptocurrency networks

The cryptocurrency lender Celsius Network has announced it has filed for bankruptcy.

Crypto lending has tumbled in the recent months following a crash in cryptocurrency prices and the collapse of major token TerraUSD in May.

Celsius had paused withdrawals an…….