NFT Market Cap Down 99% From 2023 Peak — But Not Dead
Aggregate NFT market capitalization has fallen from a 2023 high of $184 billion to under $500 million, but core infrastructure activity has continued to compound.
Carmen Diaz//Oct 21, 2025//5m
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A Small-Miner Bankruptcy Wave Quietly Clears the Field
Margin compression has triggered a steady stream of Chapter 11 filings among second-tier miners, consolidating hashrate into the largest operators.
Roy Atkinson//Feb 19, 2025//5m
SEC Drops Cases Against Multiple Major Crypto Firms in 2025 Reset
Under new leadership, the SEC formally dismissed enforcement actions against Consensys, Robinhood Crypto, Uniswap Labs, and several other prominent industry firms.
Marcus Webb//Mar 8, 2025//5m
The NFT Obituaries Were Premature — Here Is What They Missed
Yes, JPEG floor prices are far below their 2021 peaks. No, that does not mean tokenized digital ownership has failed.
Jordan Kim//Dec 19, 2024//6m
RWA Hype Forgets That Real Estate Is Already Tokenized — On Paper
On-chain property protocols have crossed a billion dollars in value, but the legal and regulatory primitive is older than blockchain by centuries.
Carmen Diaz//Jul 4, 2025//5m
ENS Was the Only Web3 Promise That Worked
Most of the 2021-era Web3 vision has either pivoted, contracted, or quietly disappeared. Decentralized naming is the rare exception that delivered exactly what it advertised.
Idris Yamamoto//Aug 9, 2025//5m
Crypto Has an AI Problem and Doesn't Want to Talk About It
The rapid rise of AI agents creates several first-order risks for crypto's market structure that the industry has notably underdiscussed.
Sofia Marchetti//Nov 13, 2025//6m
The CLARITY Act Won't Save Crypto From Itself
Even if the bill passes, it addresses only one specific source of regulatory dysfunction. The industry's other self-inflicted problems will not solve themselves.
Marcus Webb//Apr 19, 2026//6m