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The NFT market is seeing signs of high-end activity again, with Courtyard leading the 24-hour trading charts at over $508,000 in volume. Meanwhile, stalwart collections like Bored Ape Yacht Club and CryptoPunks continue to flex their staying power—most notably with a recent Punk trade hitting $330,000. While overall market volumes have dipped, these blue-chip collections are signaling that deep-pocketed buyers are still circling. The data reflects a growing divergence in the

Pioneering Web3 fashion brand 9dcc is shuttering operations by the end of May, citing tough macroeconomic conditions and a lukewarm luxury retail climate. Known for its “networked products”—apparel embedded with NFC chips linking to NFTs on Ethereum—9dcc allowed wearers to verify ownership and provenance on-chain. Despite praise for its bold tech vision, founder gmoney admitted the brand may have simply been too far ahead of the curve.

Yuga Labs has transferred the intellectual property rights of the iconic CryptoPunks NFT collection to the Infinite Node Foundation (NODE), a non-profit focused on supporting digital art. Alongside the IP transfer, NODE received a $25 million endowment—an amount it claims surpasses the total digital art funding of all major U.S. cultural institutions. NODE emphasized that this move represents a “liberation” of the CryptoPunks ethos, enabling a more decentralized, community-le