#Todaynftupdate Here are today's NFT updates:
Recent NFT News
- *Magic Eden Acquires Slingshot*: Magic Eden has acquired the crypto trading app Slingshot to expand its services beyond NFTs and enhance its platform.
- *Bybit Shutting Down NFT Marketplace*: Bybit is closing its NFT and inscription marketplaces on April 8 due to declining market interest.
- *NFT Sales Decline*: NFT sales dropped 63% year-over-year in Q1 2025, but some collections like Pudgy Penguins, Doodles, and Milady Maker outperformed the broader market.
- *Shaquille O'Neal Settles NFT Lawsuit*: A Florida federal court judge approved an $11 million settlement between Shaquille O'Neal and buyers of the Astrals NFT collection.
- *Logan Paul's Lawsuit Proceeds*: A Texas judge allowed Logan Paul's defamation lawsuit against Stephen Findeisen to move forward, related to CryptoZoo NFT claims ¹.