NFT Evening

Welcome to NFTevening! We are a top independent media outlet dedicated to all things NFT. Our coverage spans the entire NFT landscape, including digital art, gaming, collectibles, music, and more. Our mission is to provide easily accessible content and establish a comprehensive resource for investors, artists, and NFT enthusiasts as they navigate their NFT journeys.

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sUSD Stablecoin Suddenly Depegged Below $0.70

6 days ago | nftevening.com | Oliver Smith

The sUSD stablecoin, integral to the Synthetix protocol and designed to hold a $1 peg, has crashed to $0.68 as of April 18, 2025. This dramatic depegging event has shaken the DeFi community, raising questions about the stability of decentralized stablecoins. sUSD Value Collapses to $0.68Unlike fiat-backed stablecoins, sUSD relies on $SNX staking and debt pools, making it vulnerable to protocol changes.
HashKey Capital Builds Asia’s First XRP Tracker Fund with Ripple

6 days ago | nftevening.com | Oliver Smith

HashKey Capital launched the HashKey XRP Tracker Fund, Asia’s first investment fund tracking XRP. Backed by Ripple as the anchor investor, this fund targets professional investors, offering exposure to XRP without direct ownership. This collaboration marks a significant step in expanding institutional crypto adoption in Asia, leveraging Ripple’s expertise and HashKey’s regional influence.
How Market Makers Become Executioners

6 days ago | nftevening.com | Liam Miller

An increasing number of crypto projects are plummeting uncontrollably, not due to hacks or rug pulls, but because of behind-the-scenes deals with market makers. Mantra (OM) is the most recent victim, and its tale has served as a warning to the industry. Market Makers: Saviors or Silent Saboteurs? In traditional finance, market makers are entities that provide liquidity to exchanges, ensuring there are always buyers and sellers for any asset.
Binance Alpha Newly Launches DARK and GOMBLE

6 days ago | nftevening.com | Oliver Smith

Binance Alpha has recently unveiled two exciting projects with the potential for future listings on Binance Exchange. DARK and GOMBLE have been spotlighted in this latest announcement, generating significant buzz among crypto enthusiasts and investors. Binance Alpha’s New Launch – Dark and GombleRecently, on April 17, 2025, Binance Alpha announced the addition of two promising projects to its lineup, offering early access opportunities to projects within the cryptocurrency ecosystem.
Binance Wallet Hosts Lorenzo Protocol (BANK) on PancakeSwap

1 week ago | nftevening.com | Oliver Smith

Lorenzo Protocol is set to kick off an exclusive Token Generation Event (TGE) through Binance Wallet, in collaboration with PancakeSwap. Taking place on the BNB Smart Chain, this event features a $200,000 subscription pool for BANK tokens, offering users an early opportunity to acquire the protocol’s native governance and utility asset.
Coinbase Caught in $15M Rug Pull Scandal - Is Base Still Safe?

1 week ago | nftevening.com | Oliver Smith

When an unknown memecoin called “Base is for everyone” suddenly launched on Zora and surged to over $17 million in market cap in less than an hour, no one expected it to spark a minor PR crisis for Coinbase, the company leading the Base infrastructure. Although Coinbase quickly denied any involvement in the controversial token launch, the community raised a pressing question: Was this an unintended mishap, or a sign of the blurry lines between Web3 and financial meme tools?
$MOVE Token Under Fire As Co-Founder Controversy

1 week ago | nftevening.com | Olivia Chen

The Movement Network Foundation, a prominent blockchain entity, is grappling with a controversy involving “market maker abnormalities” tied to its token, $MOVE. The situation has drawn attention to co-founder Rushi Manche, with conflicting reports about his status at Movement Labs. The situation has led to market uncertainty, impacting MOVE’s price and raising questions about the project’s governance and transparency.
AI Narrative Might Face Significant Threat from Trump

1 week ago | nftevening.com | Oliver Smith

President Donald Trump’s escalating trade policies and the recent U.S. ban on NVIDIA selling advanced AI chips to China are causing significant disruptions in the global semiconductor industry. This action could significantly disrupt the AI and Decentralized Physical Infrastructure Networks (DePIN) ecosystems. A Blow to the Semiconductor Supply ChainAccording to BBC, semiconductors, the backbone of modern technology, power everything from iPhones to military jets.
OKX Officially Entered the US Market

1 week ago | nftevening.com | Oliver Smith

Yesterday, OKX entered the United States. With several changes and new things to adapt to the U.S. market and users, the crypto market is excited about what will happen. Let’s see!OKX Entered the US MarketOn April 16, 2025, OKX made a bold move by officially launching its services in the US, as announced in a post on X and an official announcement on their learning hub.
Kaito AI Emerges as a Key Gateway for Major Airdrops

1 week ago | nftevening.com | Liam Miller

Kaito AI quickly rose to prominence with its “Yap-to-Earn” model, attracting thousands of users who earned significant rewards through airdrop campaigns. However, following the launch of its KAITO token, the project faced widespread criticism regarding the token’s real-world utility. Kaito is now undergoing major structural changes to rebuild its ecosystem and restore community trust.