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According to PANews, TrumpMeme has officially announced the distribution of commemorative NFTs to users who attended the TRUMP dinner. Participants can view these NFTs in their Solana wallets used during the event. The NFT series is technically supported by Metaplex, with data stored on the Irys platform, a blockchain data developer.

According to PANews, a court in Barcelona's fifth district is investigating a cryptocurrency fraud case involving professional football players. The company in question, Shirtum, is accused of defrauding investors of at least $3.4 million through an NFT project endorsed by prominent football stars. The six players involved include World Cup champion Papu Gómez, Lucas Ocampos, former Barcelona players Ivan Rakitić and Javier Saviola, as well as Nico Pareja and Alberto Moreno.Prosecutors have revealed that the Spanish-Argentinian joint venture used a complex corporate structure to evade taxes. The NFTs, which were supposed to represent the players' image rights, never achieved any trading functionality. After the players participated as "founders" in promoting the project, related social media evidence was systematically deleted. In March 2022, the company claimed it was hacked but failed to file a police report, and the platform quietly shut down thereafter.

According to PANews, Telegram founder Pavel Durov announced that the prices of Collectible Gifts on the Telegram platform have increased several times over the past 30 days. This surge has significantly boosted the activity of NFTs on the TON blockchain. Currently, TON ranks as the blockchain with the highest daily on-chain NFT transaction volume globally, second only to Ethereum when excluding off-chain transactions.

According to PANews, recent data from CryptoSlam indicates a modest recovery in the NFT market over the past week, with a 1.95% increase in trading volume, reaching $106.2 million. The number of NFT buyers surged by 55.08%, totaling 826,992, while the number of sellers rose by 18.12% to 257,017. However, the total number of NFT transactions fell by 24.94% to 1,651,758. The Ethereum network maintained its lead with a trading volume of $30.3 million, despite a 15.57% decrease from the previous week. The Immutable network saw a significant rise to second place with a trading volume of $16.4 million, marking a 123.21% increase. The Bitcoin network ranked third with a trading volume of $15.1 million, up 17.81% week-over-week. Mythos Chain followed in fourth place with $14 million, a 3.26% increase, while the Polygon network recorded a trading volume of $13.9 million, down 7.72%. The Solana network experienced a decline, with a trading volume of $6.1 million, a decrease of 13.31%. Notable high-value sales this week included CryptoPunks #1831, sold for 150 ETH ($389,846), CryptoPunks #9778 for 150 ETH ($377,958), CryptoPunks #4868 for 76.5 ETH ($201,933), CryptoPunks #5586 for 70.07 ETH ($185,292), and CryptoPunks #7516 for 60 ETH ($158,378).

According to PANews, recent data from CryptoSlam reveals that the total sales of NFTs on the Polygon blockchain have exceeded $2 billion, reaching $2,002,381,010. The blockchain has recorded a total of 47,358,340 transactions, involving approximately 3.092 million unique buyers and 1.706 million unique sellers. In May, Polygon's NFT sales amounted to approximately $74.71 million, marking the highest monthly transaction volume in 2025 and the highest since February 2024.

According to PANews, recent data from CryptoSlam indicates a slight decline in the NFT market over the past week, with transaction volumes decreasing by 0.05% to $129.8 million. Despite this, market participation has increased, with the number of NFT buyers rising by 61.18% to 443,548, and sellers increasing by 31.87% to 199,129. Additionally, the number of NFT transactions grew by 15.39%, reaching 1,697,343. The Ethereum network maintained its lead with $29.6 million in sales, although this represents a 26.22% decrease from the previous week. The Avalanche network surged to second place with $22.3 million in transactions, marking a 202.92% increase. The Polygon network followed in third place with $21.3 million, achieving a 45.98% growth. Meanwhile, the Bitcoin network fell to fourth place with $18.2 million in sales, a 21.85% decline from the prior week. Notable high-value transactions this week included the sale of CryptoPunks #3609 for 440 ETH ($1,089,338), CryptoPunks #2537 for 80 ETH ($197,242), CryptoPunks #2542 for 59 ETH ($155,440), CryptoPunks #6479 for 58.4 ETH ($149,478), and CryptoPunks #7161 for 53.69 ETH ($142,816).

According to Cointelegraph, the Federation Internationale de Football Association (FIFA) has announced its decision to utilize the Avalanche network to power its dedicated blockchain network for non-fungible tokens (NFTs) and digital fan engagement. This strategic move, revealed on May 22, aims to leverage Avalanche's scalability-focused infrastructure to cater to FIFA's extensive fan base of five billion worldwide.The decision follows FIFA's earlier announcement of its plans to launch a new blockchain-based collectibles network. Avalanche's Ethereum Virtual Machine (EVM) compatibility is expected to facilitate seamless integration with decentralized wallets and applications, enhancing the user experience. Francesco Abbate, CEO of Modex and FIFA Collect, highlighted the benefits of this transition, emphasizing the delivery of unique digital collectibles and immersive fan experiences powered by the network's speed, scalability, and EVM compatibility.Abbate further explained that the decision was based on a comprehensive analysis of key factors such as performance, security, transaction fees, customizability, and scalability. As part of the rollout, FIFA will migrate its NFT marketplace and collection, FIFA Collect, to the new Avalanche-powered blockchain. This migration will result in the discontinuation of support for external Algorand-based wallets like Pera and Defly, with users being able to connect to FIFA Collect via MetaMask or other EVM-compatible wallets supporting WalletConnect.FIFA initially launched its NFT collection in collaboration with blockchain firm Modex ahead of the 2023 Club World Cup in Saudi Arabia. Additionally, in November 2024, FIFA partnered with blockchain gaming studio Mythical Games to introduce FIFA Rivals, a free-to-play soccer game available on iOS and Android platforms. While FIFA has outlined future plans and business cases, these details remain undisclosed to the public at this time.

According to Odaily, U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce stated in a public speech that NFTs with creator royalty mechanisms are generally not considered securities. Peirce highlighted that the ability of NFTs to allow artists to profit from resales is similar to how streaming platforms pay creators for copyrights, and this form of revenue distribution does not constitute a 'share in corporate profits' as defined in traditional securities. Oscar Franklin Tan, Chief Legal Officer at Atlas Development Services, added that some media outlets have misinterpreted Peirce's remarks, emphasizing that the SEC has never regarded creator royalties as a subject of securities regulation. He explained that when royalties are solely attributed to the original creator, they resemble 'business income' rather than 'investment returns.' However, if an NFT's design involves distributing royalty profits to multiple holders, it could potentially trigger securities compliance issues.

According to Foresight News, data from OpenSea reveals that CryptoPunk #3609 was sold three hours ago for 440 ETH, approximately $1.087 million. This NFT is one of the 88 Zombie Punks. The last transaction for this digital asset occurred two years ago when it was sold for 420 ETH.

According to PANews, recent data from CryptoSlam reveals a robust rebound in the NFT market over the past week, with trading volume surging by 17.16% to reach $130.7 million. The number of NFT buyers increased by 138.96%, totaling 259,264, while the number of sellers rose by 98.69% to 137,347. However, the number of NFT transactions saw a slight decline of 1.14%, amounting to 1,498,668 transactions. Ethereum continues to dominate as the primary blockchain for NFTs, with a trading volume of $41.3 million, marking a 21.47% increase from the previous week. Bitcoin has climbed to the second position with a trading volume of $22.6 million, reflecting a significant rise of 53.53%. Polygon recorded a trading volume of $14.5 million, experiencing a decrease of 22.85%. Solana ranked fifth with $8.9 million, showing a growth of 17.31%.

According to PANews, DeGods founder Frank, also known as Rohun Vora, experienced a security breach in his Solana wallet, resulting in the unauthorized sale of 16 DeGods NFTs. The incident led to a loss of approximately 108 SOL, equivalent to $19,000. This breach occurred just three days after Frank announced his resignation as CEO. He confirmed to the media that the incident was a hacking attack and dismissed rumors suggesting he had sold the NFTs himself, emphasizing that he still holds a substantial amount of DeGods assets.The floor price of DeGods NFTs has significantly dropped from a peak of $37,000 in 2023 to around $1,000 currently. This week, Frank handed over the project to team members known by the pseudonyms Pasta and Chill, while he continues to hold over $50,000 worth of DEGOD ecosystem tokens. The NFT project has previously faced controversy due to multiple cross-chain migrations and had invested in shares of a BIG3 basketball league team in 2022.

According to Cointelegraph, several investors involved in the Hashling NFT project have accused its founder, Jonathan Mills, of misappropriating millions of dollars in profits from the project and a related Bitcoin mining operation. A court filing in Illinois on May 14 reveals that the plaintiffs allege Mills deceived them about transferring assets from Hashling NFT and at least $3 million from the Bitcoin mining project to a holding company, Satoshi Labs LLC, formerly known as Proof of Work Labs LLC, where Mills serves as founder and CEO. The investors have filed a lawsuit against Mills for fraud and breach of fiduciary duty, claiming they have not received any of the equity returns he allegedly promised.The plaintiffs assert they raised a combined $1.46 million from two NFT drops on the Solana and Bitcoin blockchains but did not receive any returns on their investment. They further allege that Mills began avoiding them shortly after the investments, creating a flawed shareholder agreement to falsely support his claim that the holding company controlled the project's assets. This agreement, according to the plaintiffs, was riddled with errors to support Mills' deception. The agreement purportedly granted Mills a 67% equity share in Proof of Work Labs, while other investors contributed up to $20,000 each for just a 2% equity stake. Mills allegedly assured them that their equity stakes would remain unchanged despite the company's name change. Additionally, Mills held a 67% voting stake on all matters related to Proof of Work Labs, with no other partner holding more than 2%.The Hashling NFT project originated from a different idea Mills discussed with one of the plaintiffs, Dustin Steerman, who had previously collaborated with Mills. Despite Mills initially admitting to Steerman that he lacked both funds and NFT-related experience, they proceeded with the project. The investor's attorney, Clinton Ind of Ind Legal Group LLC, mentioned that Mills had a willingness to push the project forward, which encouraged the team to work together in the early stages. To ensure the project's success, Mills and Steerman recruited additional investors, now plaintiffs, to assist with various aspects, including NFT art, social media marketing, and attending NFT conferences in New York. The plaintiffs also claimed that Mills involved his girlfriend in the Hashling NFTs project.In addition to the fraud and breach of fiduciary duty claims, the plaintiffs have requested a constructive trust over the project's assets and full legal restitution. Cointelegraph reached out to Mills for comment but did not receive an immediate response.

According to Cointelegraph, the Infinite Node Foundation (NODE), a nonprofit organization dedicated to digital art, has acquired the intellectual property of the CryptoPunks non-fungible token (NFT) collection from Yuga Labs. This acquisition, announced on May 13, positions NODE as a leading nonprofit in the digital art sector in the United States, bolstered by an additional $25 million endowment. The foundation has not disclosed the terms of the deal. NODE has established an advisory board to manage the CryptoPunks collection, including the original artists Matt Hall and John Watkinson, and a representative from Yuga Labs. The foundation aims to create a networked architecture that supports the growth of digital art like CryptoPunks within both digital and art-historical contexts. CryptoPunks, known for their algorithmically generated pixel art characters, have significantly impacted the art world by existing outside traditional frameworks and sparking a cultural shift in the digital realm. The CryptoPunks collection, launched in 2017 by Larva Labs, has become the most valuable NFT collection, with a market capitalization of nearly $1.2 billion across its 10,000 NFTs as of May 13, according to CoinGecko. Since its inception, the collection has generated over $3 billion in sales, with each transaction providing royalties to the holders of the NFTs' intellectual property. In 2022, the highest-grossing CryptoPunk NFT sold for nearly $24 million. Yuga Labs, known for the Bored Ape Yacht Club NFT collection, acquired CryptoPunks in 2022, along with Meebits, another Larva Labs NFT collection, which it sold in February. In March, Yuga Labs announced that the U.S. Securities and Exchange Commission (SEC) had closed an investigation into the company, which it described as a significant victory for NFTs. This development underscores the evolving landscape of digital art and the growing recognition of NFTs as a legitimate and influential art form.

According to Cointelegraph, law enforcement mistakenly detained Sam Curry, a former Yuga Labs security researcher, in connection with a 2022 scam involving the theft of over $1 million worth of Bored Ape non-fungible tokens (NFTs). Cybersecurity researcher ZachXBT revealed this error in a May 9 post on X, stating that he had identified the wallet behind the scam and linked it to an X account that has since been deleted. The incident highlights the challenges faced by authorities in accurately identifying suspects in complex cybercrime cases. In December 2022, an anonymous attacker stole 14 Bored Ape Yacht Club NFTs, which were valued at approximately $86,000 each at the time, according to CoinSlam data. ZachXBT explained that law enforcement mistakenly reviewed logs from OpenSea, which included Curry's home IP address, leading to his incorrect identification as a suspect. Curry, in reality, had been investigating the theft as part of his security work at Yuga Labs, using a private key embedded in the website's JavaScript by the threat actor. ZachXBT employed forensic tracing techniques, including reconstructing the flow of funds through Tornado, an Ethereum mixer, to identify a likely suspect in the 2022 theft. He urged law enforcement to request all data related to the individual's social media accounts and examine on-chain transactions associated with their alleged wallet. The Bored Ape Yacht Club, launched in 2021, remains one of the most valuable NFT collections, with a market capitalization exceeding $300 million, according to CoinGecko. As of May 9, Bored Ape NFTs are trading for around $30,000 each on OpenSea, with prices varying based on unique characteristics.

According to PANews, Telegram founder Du Rove announced on his personal channel the launch of a new gift marketplace on the platform. This marketplace allows users to instantly purchase gifts from other users or sell their own. The gifts are unique NFT collectibles based on the TON blockchain. Initially priced at just a few dollars, some of these gifts have now surged in value to tens of thousands of dollars.

According to Odaily, the Toledo Museum of Art in Ohio is set to showcase 12 CryptoPunk NFTs in its upcoming exhibition, 'Infinite Images: The Art of Algorithms,' on July 12. The featured CryptoPunks include Punk #635, #6649, #3990, #2646, #550, #4153, #2073, #8557, #223, #6669, #419, and #9833. This exhibition highlights the intersection of digital art and algorithmic processes.

According to PANews, data from CryptoSlam reveals that NFT sales across 23 blockchains totaled approximately $373 million in April 2025, marking a 9.9% decrease from March's $414 million. Ethereum led the sales with NFTs worth $102 million, accounting for 27% of the total sales. Polygon followed with $71.14 million, representing 19% of the sales. Other notable blockchains included Bitcoin with $62.88 million, Mythos at $40.25 million, Solana with $32.54 million, and Immutable at $23.90 million.

According to PANews, a group of buyers has filed a lawsuit against Nike Inc. in a New York federal court, alleging significant losses following the abrupt closure of Nike's RTFKT division, which was responsible for creating Nike-themed NFTs and other crypto assets. The proposed class-action lawsuit, led by Australian resident Jagdeep Cheema, claims that the sudden shutdown in December 2024 caused a sharp decline in the demand for the NFTs they held. The buyers argue that they would not have purchased these NFTs at the prices they did, or at any price, had they known the tokens were unregistered securities and that Nike would unexpectedly exit the market. The lawsuit accuses Nike of violating consumer protection laws in New York, California, Florida, and Oregon. While the exact amount of damages sought is unspecified, it exceeds $5 million.

According to Odaily, Nike's RTFKT is in the process of migrating its NFT series, CloneX and Animus, to ArWeave. This transition is expected to be completed within a few hours. Since December of last year, RTFKT has been discussing changes to its infrastructure, with plans to decentralize in the future. Samuel Cardillo, RTFKT's Chief Technology Officer, noted that the CloneX NFT series recently faced issues on platforms like OpenSea and Blur, where art images were not displaying correctly. Users encountered messages stating, 'This content has been restricted; using Cloudflare's basic services in this manner violates the terms of service.' The problem arose because the project's Cloudflare Pro plan was set to end on April 30, but Cloudflare unexpectedly switched to a free plan days before the contract expired, causing errors in streaming images and videos.

According to PANews, Reservoir has announced that its NFT trading infrastructure and API services will officially terminate on October 15, 2025. The company has already halted new account registrations, but existing users can continue to access services until the shutdown date. To assist with the transition, Reservoir has partnered with 0xSequence and Alchemy to offer alternative solutions, and has made all its code available for developers to review. Moving forward, the team will focus on the Relay Protocol to enhance cross-chain token and NFT trading experiences.