NFT

On May 27, the XRP Ledger implemented the fixCleanup3_1_3 amendment, a technical update designed to improve long-term stability by cleaning up expired NFTokenOffer records and refining features tied to vaults, permissioned domains, and lending. While the network change affects node eligibility for consensus if they did not upgrade to rippled 3.1.3 by the deadline, XRP’s price was down 0.8% over the past 24 hours at $1.33 even as daily trading volume jumped nearly 50%.

Pudgy Penguins (PENGU) fell 14% over the past 24 hours, marking the largest decline among CoinMarketCap’s top 100 tokens. The move followed a monthly unlock of 712.4 million PENGU valued at $6.25 million, alongside heavier selling activity and a 17% jump in daily volume to about $181 million. Technically, PENGU revisited the 0.618 Fibonacci retracement near $0.008266, with bulls needing a break above $0.009846 to validate a rebound.

Italian authorities say they dismantled a €1M+ ($1.1M) tax fraud scheme involving Bitcoin Ordinals and BRC-20 tokens, alleging one individual generated undeclared gains while also obtaining public subsidies they were not entitled to. Investigators say exchange KYC links and on-chain analysis let them reconstruct a full “inscription monetization cycle” and attribute multiple addresses to a single owner.

Italian financial investigators traced more than €1 million ($1.16 million) in allegedly undeclared crypto gains tied to Bitcoin Ordinals trading, after examining activity connected to a seized Ledger hardware wallet. The probe used wallet-clustering techniques and exchange KYC records to link pseudonymous on-chain flows to identified individuals, and to reconstruct a repeat trading pattern that cycled BTC proceeds back into further Ordinals activity.

An April 2026 Caladan report said 93% of 3,200 GameFi projects are effectively dead, with sector tokens down 95% from 2022 highs and about $15 billion destroyed. It also cited Axie Infinity's drop from 2.7M daily players in summer 2022 to 5,500, while GameFi VC funding fell from $5.56 billion in 2022 to roughly $390 million by 2025.

The NFT sector posted a sharp rebound in the last 24 hours, with market capitalization up by more than 15% to $4.312 billion. Bored Ape Yacht Club (BAYC) topped a 10.88 ETH floor price and saw trading activity increase, alongside broader gains in several collections and marketplaces. Weekly sales count jumped from 6,360 to 10,371, even as weekly sales volume slipped 11.43% to about $16.80 million.

Dogecoin's market capitalization has grown to more than 8x the size of the entire NFT market, underlining its continued scale among major crypto assets. DOGE was trading around $0.106 at the time of writing, down about 4% over the past 24 hours, while its market cap sat near $26 billion. Separate on-chain and derivatives metrics also pointed to elevated whale activity, higher open interest, and recent liquidations.

At Consensus Miami on Thursday, OpenSea CMO Adam Hollander said the company is expanding beyond its NFT-marketplace image by building a single non-custodial app that supports NFTs, major tokens, meme coins and perpetuals across 26 chains. He said OpenSea rebuilt its stack about a year ago under OS2 and is preparing OpenSea Mobile with Apple Pay onboarding, citing over 1 million wallets in a recent rewards program and about 600 beta testers in one-on-one sessions.

Dmail Network said it will permanently end all services on May 15, 2026, bringing its decentralized email offering to a close after five years. The team cited unsustainable infrastructure expenses for decentralized storage, bandwidth, and computing, alongside an economic model that did not become self-sustaining. Users are advised to export their mail and other data and cancel accounts before the deadline, after which content, NFT domains, and points will be deleted.

Tezos is set to host Tezdev 2026 on March 30 in Cannes, France, bringing together developers and creators for a free, global ecosystem event. The agenda spotlights Tezos X scalability work, Etherlink confirmation-time improvements from about 500 milliseconds to under 50 milliseconds, and deeper AI tooling in the development workflow, alongside interactive experiences such as the XP Zone and Tezquest with a $7,000 prize pool.