ApeCoin (APE) is up 4% in the last week, to $3.24 at the time of writing, following a bespoke NFT marketplace launch for the Ethereum-based governance token. The new platform will support Yuga Labs NFT collections – Bored Ape Yacht Club, Mutant Ape Yacht Club, and Otherside Metaverse trades.

ApeCoin DAO is getting a new NFT marketplace that will sell Bored Ape Yacht Club, Mutant Ape Yacht Club, Bored Ape Kennel Club and Otherdeed NFTs.

Traders seeking to artificially inflate the price of collections or earn marketplace trading rewards generated $389 million in wash trades during October.

The market cap of the popular proof-of-stake blockchain, Solana, slipped below that of the OG proof-of-work blockchain, Litecoin, according to Coingecko.Solana's latest downturn began with the collapse of FTX.

As the <a href="https://finbold.com/category/cryptocurrency-news/">cryptocurrency sector</a> and <a href="https://finbold.com/topic/blockchain/">blockchain</a> technology continue to expand and advance, one of their segments captures the particular interest of the public – non-fungible tokens (<a href="https://finbold.com/guide/how-to-mint-sell-nfts-non-fungible-tokens-explained/">NFTs</a>) and the <a href="https://finbold.com/guide/how-to-invest-in-metaverse/">metaverse</a>, the possibilities of which are being recognized by global brands, such as Nike (NYSE: <a href="https://finbold.com/stock/nike-stock-nke/">NKE</a>).

NFT marketplace Magic Eden is integrating with the Ethereum scaling layer-2 blockchain Polygon to dive deeper into the blockchain gaming and NFT ecosystems, the companies announced on Tuesday.

The fallout from FTX’s collapse has been devastating, and the market is poised for more losses. But according to a recent report by DappRadar, Web3 remains resilient.

Sensorium, the company behind the industry-leading Sensorium Galaxy metaverse, is pleased to announce that it is entering into a collaboration agreement with Polygon Studios.

As the cryptocurrency industry continues to expand, the need arises to educate the public about digital assets, their uses, advantages, and risks to support this growth, which is why the crypto trading platform Binance is now offering free courses on the increasingly popular technology.

Adidas Originals (adidas Originals), a german sportswear brand, unveils the first blockchain-powered virtual wearables. Top sports brand Adidas dubbed its first collection of NFT wearables as “Virtual Gear.” The launch of the NFT collection accelerates Adidas Originals’ drive to improve its community-based, member-first, open metaverse strategy.

Mintable, an NFT marketplace built on Ethereum, has launched support for the XRP Ledger, per a tweet from the platform yesterday.

NFTSTAR is in front of the most recent developments on The Sandbox. According to reports, Forj would also support NFTSTAR in achieving its multiverse goal of creating an integrated multiverse platform for sports. NFTSTAR’s contribution includes launching its superstar squad into virtual space. At NFTSTAR’s new residence on The Sandbox, three football legends will be featured: Neymar Jr, Son Heung-Min, and Luis Figo.

Cristiano Ronaldo brings himself closer to his fans by announcing a partnership with Binance to launch his first-ever NFT collection. The lineup will be live on the Binance NFT Marketplace on November 18, 2022, at 9:00 UTC. The goal is to introduce Web3 enthusiasts to the world of Web3.

The launch is supported by a global marketing campaign featuring Ronaldo, aiming to give his fans an introduction to Web3 through the world of NFTs.

German luxury fashion house HUGO BOS AG has entered the world of the Metaverse and NFTs with the launch of a new Web3 experience.&nbsp;

Instagram and Facebook have integrated with the Solana blockchain to allow users to showcase their NFT collections! The Solana Foundation has teamed up with leading NFT ecosystem creators, marketplaces, and infrastructure projects to celebrate with a special contest.

Creators will soon be able to make their own digital collectibles on Instagram and sell them to fans, both on and off Instagram.