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NFT sales nosedive to $104.5m, CryptoPunks sales in green
NFT Gaming

NFT sales jump to $129.1m, Pudgy Penguins recover 15%

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The NFT market has posted solid growth with sales volume rising by 8.13% to $129.1 million. This is the third consecutive week of gains, despite the weakness in the crypto market.

Summary

  • NFT sales posted 8% growth to $129.1 million marking three consecutive weeks of gains
  • Market participation surged with buyer counts more than doubling and seller counts rising 140%
  • BNB Chain surged to second place in blockchain rankings with nearly 200% growth

According to data from CryptoSlam, market participation has expanded with NFT buyers surging by 112.37% to 587,381, and NFT sellers rising by 140.76% to 496,112. NFT transactions have declined by 7.99% to 2,088,311.

The market has been tumultuous as Bitcoin (BTC) price has dropped to the $119,000 level. At the same time, Ethereum (ETH) has dropped to the $4,000 level.

The global crypto market cap is now $3.78 trillion, down from last week’s market cap of $4.04 trillion.

BNB Chain surges to second position

Ethereum has maintained its leading position with $45.2 million in sales, though posting minimal growth of 1.49%. Ethereum’s wash trading has decreased by 10.26% to $8.9 million.

BNB Chain (BNB) has surged to second place with $25.5 million, surging by 197.21%.

Source: Blockchains by NFT Sales Volume (CryptoSlam)

Base has climbed to third position with $13.7 million, though declining 0.02%. Mythos Chain holds fourth place with $11 million, falling 11.11%.

Bitcoin sits in fifth with $7.8 million, declining 25.73%. Immutable (IMX) occupies sixth with $6.3 million, down 24.83%.

Solana (SOL) holds seventh with $5.2 million, falling 28.38%. Polygon (POL) rounds out the top eight with $4.1 million, declining 29.45%.

The buyer count has increased across most blockchains, with Ethereum leading at 129.93% growth, followed by BNB Chain at 10.49% and Solana at 38.59%.

Pudgy Penguins rise 15%

Vesting NFT on BNB Chain has taken the top spot in collection rankings with $17.9 million in sales, showing no change from the previous period. The collection is dominated by a single seller with 22 buyers.

DX Terminal on Base has climbed to second place with $8.6 million, declining 3.55%. The collection has seen decreases in buyers (17.18%) and sellers (16.64%).

DMarket holds third position with $5.9 million, falling 17.73%. Moonbirds sits in fourth with $5.5 million, rising 30.44%.

DKTNFT on BNB Chain occupies fifth place with $3.6 million, declining 3.49%. Panini America holds sixth with $3.6 million, up 40.19%.

Guild of Guardians Heroes sits in seventh with $3.5 million, falling 23.82%. Pudgy Penguins completes the top eight with $3.4 million, rising 15.21%.

Notable high-value sales from this week include:

  • CryptoPunks #9286 sold for 48.97 ETH ($220,299)
  • CryptoPunks #6482 sold for 48.89 ETH ($218,454)
  • CryptoPunks #2406 sold for 48.85 ETH ($217,892)
  • BOOGLE sold for 950 SOL ($205,400)
  • CryptoPunks #3091 sold for 48 ETH ($201,125)



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NFT sales jump to $109.8m, CryptoPunks recover 136%
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NFT sales jump to $109.8m, CryptoPunks recover 136%

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The NFT (non-fungible token) market has continued its recovery with sales volume rising by 4.09% to $109.8 million.

Summary

  • NFT sales continued recovering with 4.1% growth to $109.8 million
  • CryptoPunks posted the week’s standout performance with 136% growth
  • Market participation rebounded strongly with buyer counts up 53% and seller counts up 67%

This is the second consecutive week of growth following several weeks of sales drops.

According to data from CryptoSlam, market participation has rebounded with NFT buyers increasing by 53.35% to 277,059, and NFT sellers rising by 67.19% to 206,669. However, NFT transactions have declined by 6.65% to 1,630,579.

This is happening at a time when Bitcoin (BTC) has recovered to the $115,000 level. At the same time, Ethereum (ETH) has surged to the $4,400 level.

The global crypto market cap is now $4.04 trillion, up from last week’s market cap of $3.81 trillion.

Ethereum reclaims dominant position

Ethereum has reclaimed its dominant position with $46.4 million in sales. This is a 42% surge from the previous week. Ethereum’s wash trading has also jumped by 154.37% to $9.2 million.

Mythos Chain has maintained second place with $12.2 million, declining 16.29%. Bitcoin has climbed to third position with $10.2 million, rising 8.44%.

Source: Blockchains by NFT Sales Volume (CryptoSlam)

Immutable (IMX) holds fourth place with $8.5 million, falling 0.10%. BNB Chain (BNB) sits in fifth with $8.4 million, declining 18.33%.

Solana (SOL) has risen to sixth with $7.5 million, up 41.01%. Polygon (POL) has dropped to seventh place with $5.6 million, falling 59.09%.

The buyer count has increased across most blockchains, with Immutable leading at 146% growth. This is followed by Mythos Chain at 135.35% and Polygon at 122%.

DMarket has retained the top spot in collection rankings with $7.1 million in sales, though declining 23.16%. The gaming marketplace has seen decreases across all metrics, including transactions (21.24%) and buyers (27.62%).

CryptoPunks sales jump 136%

CryptoPunks has surged to second place with $7 million, jumping by 136.83%. The collection has more than doubled its transactions (146.15%) and buyers (100%), while sellers grew by 136.36%.

Guild of Guardians Heroes holds third position with $4.8 million, posting minimal growth of 1.20%. Courtyard on Polygon has fallen to fourth place with $4.7 million, plummeting 62.86%.

Moonbirds sits in fifth with $4.6 million, surging 141.12%. The collection has seen growth in transactions (148.99%) and buyers (93.48%).

Bored Ape Yacht Club has entered the top six with $4.4 million, rising 78.76%. The Yuga Labs collection has more than doubled its transactions (108.33%) and nearly doubled its buyers (93.33%).

Notable high-value sales from this week include:

  • BOOGLE sold for 1,380 SOL ($324,846)
  • CryptoPunks #8521 sold for 55.48 ETH ($255,288)
  • CryptoPunks #4420 sold for 56.388 ETH ($254,250)
  • CryptoPunks #2642 sold for 52.1 ETH ($239,735)
  • CryptoPunks #1180 sold for 49.89 ETH ($232,394)



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Solve your own murder and recover your brain in Blanksword, a roguelike RPG with a demo out today
Game Updates

Solve your own murder and recover your brain in Blanksword, a roguelike RPG with a demo out today

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There are few occasions where a game tells me it’s combining two genres that typically don’t go together and it convinces me it’s worth paying attention to, but Blanksword, a roguelike RPG, is quite different. In it, you are Blank, an angel stabbed in the head, brain destroyed, who somehow managed to survive such an ordeal – albeit without any memory of who you were. And now, you are on a quest through a series of islands governed by “Literally God” in order to figure out your mysterious past.


Blanksword has been in the works for a little while now, but a Kickstarter for the game just went live today. Taking one look at the game tells you quite quickly that it’s “one of those” kinds of indie RPGs. You like, like Hylics, Felvidek, or the blueprint for many of them, and one that just recently got a rerelease, OFF.

Watch on YouTube


In fact OFF is quite an important frame of reference for Blanksword, as one of the game’s directors, Quinn K., was the original translator for OFF. Not only that, but OFF creator Mortis Ghost is responsible for the game’s lovely key art, and may even design an area of the game if the Kickstarter raises enough funds.


The mechanics sound quite interesting too. Combat, like many RPGs, is turn-based, and you pick up new moves as you go along, all of which vary from run to run. There’s apparently “hundreds” of moves to pickup, alongside different bits of equipment and items.


And then there’s that beautiful thing we call narrative design. With Blank not having a brain and all, you can pick up different Angelic Brain Parts, restoring certain abilities of his. One item might allow Blank to intimidate and heckle his enemies, another will give him the ability to tell if something smells bad. Others might let him understand more complex topics, or grant him the ability to haggle for better prices in certain shops. You keep these brain parts forever, but you can only use a few at a time to keep things balanced.


Best of all, alongside the Kickstarter the game has a demo out on Steam for you to try out. Truth be told, while I’ve had my eye on Blanksword for a good while, I somehow missed that it was a roguelike on top of an RPG. Playing the demo for myself, I soon figured this out, but the roguelike element blended really nicely with the RPG side of it. They aren’t genres you often see combined, and in some ways could even be contradictory, but in my short time with it, I think something quite interesting is being brewed up. Here’s hoping the full game pans out just as well.


Blanksword’s “one of those” indie RPG vibes make it feel quite well positioned for a future fanatical following, a thing that’s often both a blessing and a curse. That all remains to be seen of course, the game needs to get funded first.


A release date hasn’t been set just yet, but the team behind it has conservatively estimated a 2027 release window. You can wishlist it, and try the demo out, on Steam here.



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NFT Gaming

Crypto Games Keep Shutting Down. This $500K Fund Aims to Help Players Recover

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In brief

  • The Crypto Gaming Recovery Fund has been set up to offer players of shuttered crypto games assets for Splinterlands.
  • A total of $500,000 worth of tokens and in-game assets are available, spread out over seven years.
  • The Splinterlands team hopes to welcome additional contributors to offer up game assets to affected players.

Blockchain games are shutting down in droves so far this year, as hype and funding fade and crypto investors turn their attention elsewhere. But one long-running crypto game hopes to draw some of those players affected by shutdowns by offering free NFT assets for affected users.

Crypto trading card game Splinterlands is inviting the players of failed blockchain games to apply to its newly formed recovery fund, in which $500,000 worth of crypto tokens and in-game assets can be unlocked over the next seven years.

The project told Decrypt that it is currently in talks with other projects based on the Hive blockchain to allocate assets to the fund—and invites the broader industry to join in to save crypto gaming by giving burned users a bridge to new games.

The Crypto Gaming Recovery Fund is already expanding. If you were impacted by one of these games and want to start a path to recovery in Splinterlands, submit a claim and we’d love to welcome you to the family! Link below: pic.twitter.com/jvAnq4JdoT

— SPSDAO (@TheSPSDAO) August 27, 2025

Currently, only the players of the defunct crypto titles Pirate Nation, Tokyo Beast, and Walking Dead: Empires can access the Crypto Gaming Recovery Fund. Affected players must create a Splinterlands account, purchase a $10 item (which provides in-game credits of the same value), and submit their wallet address containing items from eligible games—which they get to keep.

Then they can start gradually unlocking assets over the next seven years from the $500,000 fund. The assets are released as long as the player remains active on Splinterlands, which is measured by a series of monthly challenges—such as playing five battles.

“I welcome any of our competitors who would want to be a part of this to come and join. Why would they want to? Because they want to see the space grow,” Dave McCoy, Chief Operating Officer at Splinterlands, told Decrypt. “We are just the first, but hopefully we have many other people join us.”

An epidemic of crypto games shutting down has struck the industry this year, with countless notable projects closing shop. That includes Deadrop, Ember Sword, Nyan Heroes, Realms of Alurya, Symbiogenesis, Raini: The Lords of Light, and MetalCore—just to name a few. 

While all of these games have cited slightly different reasons behind their crashouts, one thing they all have in common is that they leave behind a player base with no game to play. And many of those players sunk cash into supporting the project, and are left with tokenized assets that no longer have utility.

“I’ve been in hundreds of communities over the years. […] When a project gets rugged, it’s a horrible feeling. Especially when you have high hopes for it,” Blaze, Splinterlands’ pseudonymous sales and marketing lead, told Decrypt. “We just put our foot down and said: Hey, enough is enough. Somebody has got to step up here and help these people who are getting crippled.”

The Crypto Gaming Recovery Fund is governed by a decentralized autonomous organization, or DAO, that votes on which games will be eligible for the fund. Each supported game has a specific portion of the fund that is allocated to it, although Splinterlands did not confirm the exact division per game.



In the first year, 2 million SPS tokens worth over $16,000—plus 5,000 Rebellion packs—are allocated to the fund. This scales up to 10 million SPS (currently about $82,000) and 25,000 packs by the seventh year. Rewards are then divided among the number of players that were active, meaning if only one person is active within a specific pot, then they will get everything, McCoy said.

“The design is for seven years, because we’ve been around for seven years,” McCoy explained. “So the point we’re trying to make is we’re going to be around seven more years, as well.”

Splinterlands is a strategic trading card game with NFT cards minted and tradeable on the Hive blockchain. It originally launched in 2018 as Steem Monsters—based on the Steem crypto social network—but was rebranded to Splinterlands in 2019 and has been steadily building ever since.

The game’s SPS governance token first debuted in July 2021 and quickly reached its peak of $1.07, according to CoinGecko. The token is now down 99%, however, valued at $0.008. 

McCoy told Decrypt through the game’s lifespan, it has battled its way through “everything” that a crypto game can face. He explained that “it’s not easy to manage,” and suggested that other games haven’t survived so long because of unsustainable game models—with Blaze pointing to Pirate Nation’s $150,000 per month expenses. 

Unfortunately, to McCoy, the wave of crypto game shutdowns is a necessary purge of the industry. But he hopes that the Crypto Gaming Recovery Fund is the first step to building the industry back up, potentially with more contributors alongside.

“Again, this isn’t about Splinterlands. This is about the whole industry,” McCoy told Decrypt. “If [any game] wants to be part of it, if they want to contribute, we would love to have them.”

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GameFi Guides

US DOJ Moves to Recover $12M in USDT Tied to Crypto Scam

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In brief

  • Federal prosecutors have filed a complaint to forfeit USDT funds traced to a spoofed trading platform.
  • Victims were recruited through text messages and directed into fake investment accounts.
  • Civil forfeiture is being used as a tool to disrupt scams and recover funds for victims, Decrypt was told.

Federal prosecutors in Albany have filed a civil forfeiture complaint seeking to recover more than $12 million in Tether’s USDT stablecoin linked to an investment fraud scheme.

Filed last Friday, the complaint targets balances traced to wallets used by a spoofed trading platform and details how victims were steered into off-platform deposits, according to a Justice Department statement released Tuesday.

United States Files Forfeiture Action Against More Than $12 Million in Funds Involved in Cryptocurrency Investment Fraud and Money Laundering https://t.co/vJZgiumKg9

— U.S. Attorney NDNY (@NDNYnews) September 10, 2025

Crypto investment scams are “the latest vehicle for con artists from all over the world to victimize Americans right here in our backyards,” Acting United States Attorney Sarcone said in a statement.

Ten Mandarin-speaking victims were approached through unsolicited text messages which later spiraled into conversations about investment opportunities. The victims were then directed to ShakepayEX, a site designed to resemble a legitimate Canadian exchange, the DOJ detailed, citing findings from the FBI.

Once deposits were made, the platform blocked withdrawals by inventing fees and new requirements, while scammers continued to pressure victims to send more funds. Losses totaled more than $10 million, according to prosecutors.

Civil forfeiture an “important tool”

The case comes as U.S. authorities increasingly rely on civil forfeiture to intercept funds on stablecoin networks, demonstrating coordination between prosecutors and issuers to freeze assets before they slip into harder-to-trace channels.

In June, the Department of Justice initiated a civil forfeiture action targeting $225 million in USDT tied to so-called “pig butchering” scams, describing it as the largest crypto-linked seizure of its kind.

“Civil forfeiture has become one of the most important tools in crypto investigations because it not only disrupts illicit activity but also allows prosecutors to actually get funds back to victims,” Ari Redbord, global head of policy at blockchain intelligence firm TRM Labs, told Decrypt.



Civil forfeiture’s dual function has become “a critical point” such that regulators no longer just weigh asset seizure, but also consider restitution for victims, Redbord explained.

“We’ve seen a growing number of cases where prosecutors, working with issuers and exchanges, have used civil forfeiture actions to freeze funds quickly and return them, even when arrests are difficult in non-cooperative jurisdictions,” he added.

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Shiba Inu Dogecoin
GameFi Guides

Can Dogecoin And Shiba Inu Prices Recover? What To Expect In September

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

As the crypto market ushers in a new month, Dogecoin and Shiba Inu holders are faced with fresh hopes and fears, especially as the market remains uncertain and prices continue to fluctuate. In the current state, there is still some time until a particular direction is decided for the meme coins. However, taking a look at historical data and how both Dogecoin and Shiba Inu prices have previously performed in the month of September can often help with an idea of what to expect in the new month.

How Dogecoin And Shiba Inu Prices Have Performed In September

Shiba Inu has been in existence for a considerably lesser time than Dogecoin, with DOGE’s 12 years compared to SHIB’s five years. However, both meme coins seem to go hand in hand as the largest meme coins in the market. Hence, the performance of Dogecoin and Shiba Inu prices tends to go together as both are the market leaders in their niches.

As a result, this report will look at the performances of Dogecoin and Shiba Inu prices over the last five years, maintaining a balance between the two meme coins. For both digital assets, though, there have been varying performances, suggesting a deviation in the month of September, according to data from CryptoRank.

For example, back in September 2021, when the coin was first launched, the Shiba Inu saw a small 4.65% price increase. On the flip side, the Dogecoin price was actually beginning to crash at this point, recording a 26.7% decline by the time the month of September was over.

Source: CryptoRank
Source: CryptoRank

The next two years, though, saw poor performance from both Dogecoin and Shiba Inu, with Shiba Inu suffering losses. Then, in September 2024, there was a drastic change as both meme coins actually saw double-digit gains by the end of the month.

What this suggests is that the month of September is a mixed bag for both Dogecoin and Shiba Inu prices. Mostly, the performance for September depends on the Bitcoin price and how the crypto market moves in general in the new month.

October Is The Real Deal

For Dogecoin and Shiba Inu investors looking for real gains, the time to look forward to would be the month of October. Since its launch in 2021, the Shiba Inu price has never had a red close in October, and it is the only month where the meme coin has consistently achieved gains.

Dogecoin’s performance for the month of October is similar, with the last six years ending in consistent green closes for the meme coin. Simply put, the month of October is the most bullish month for Dogecoin and Shiba Inu, often leading into November before the rally subsides.

DOGE makes new local lows with weekend crash | Source: DOGEUSDT on TradingView.com

Featured image from Dall.E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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MEXC Tells Trader To Meet In Malaysia To Do KYC, Recover $3.1 Million
NFT Gaming

MEXC Tells Trader To Meet In Malaysia To Do KYC, Recover $3.1 Million

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A crypto whale who has $3.1 million in funds frozen on crypto exchange MEXC claims he was told to fly to Malaysia to prove his identity in person to have his funds released quickly.

According to screenshots shared by the pseudonymous crypto trader “White Whale,” MEXC’s global head of customer service offered him an “exclusive invitation” to Malaysia to have an “in-depth communication with the leadership team” about the frozen assets. 

Source: The White Whale

The reported move would be outside the norm for crypto exchanges. Know Your Customer solutions typically involve proof of address, verification of source of funds, identification, and other documents that can be sent online.

Screenshots of emails and Telegram chats shared by the trader also suggest that MEXC tried to lure them with a potential partnership and “trading perks,” but the crypto trader rejected the offer, criticizing MEXC for using coercive tactics while flagging safety concerns about flying to a foreign country under the circumstances. 

“Crypto kidnappings are on the rise – why would someone with over $100M on-chain ever agree to fly to another country and enter the lion’s den of an organization he’s publicly protesting against?”

MEXC says it doesn’t freeze assets without reason 

A MEXC spokesperson told Cointelegraph that it “strictly adheres to risk management policies and does not freeze assets without valid reasons.”

MEXC said it may take measures in response to price manipulation, wash trading, self-trading, front-running, fraudulent trading and false quoting. 

The spokesperson did not address the trader’s claims of being offered to fly to Malaysia to resolve the situation.

Crypto trader has been pressuring MEXC to release funds

The crypto whale added he has completed all other KYC checks, including face verification, phone number, and home address, and noted that MEXC’s Terms of Service makes no mention of in-person KYC.

Earlier on Monday, White Whale launched a $2 million social media pressure campaign against MEXC in an attempt to make them hand over the funds.

The campaign involves crypto traders minting a free non-fungible token (NFT) on the Base network and tagging MEXC or its chief operating officer’s X account with the “#FreeTheWhiteWhale” tag. 

For completing the tasks, a $1 million USDC (USDC) bounty will be split equally between the first 20,000 NFT holders, provided that MEXC releases the frozen funds.

White Whale isn’t the first MEXC user to complain

MEXC’s comments to Cointelegraph were similar to the company’s statement in March, in response to a series of “ungrounded allegations” regarding the freezing of customer assets.

Related: Coinbase data scandal sparks calls to scrap KYC

Another MEXC user, Pablo Ruiz, said over $2 million worth of the Tether (USDT) stablecoin was frozen in April due to a “risk control” protocol without prior notice, explanation, or an opportunity to cooperate.

Ruiz said he was met with automated-looking copy-paste responses, with one line stating: “Due to risk control activation, your account review will take 365 days. Contact us again on 04/17/2026.”

Magazine: Solana Seeker review: Is the $500 crypto phone worth it?



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