The total NFT market capitalization dropped significantly in 2025, from about $9 billion in January 2025 to just over $2.7 billion in 2026. The organizers behind nonfungible token (NFT) and real-world asset (RWA) conferences in Paris have cancelled the events with a month’s notice, citing market forces. In a Monday post, the event’s X account said NFT Paris and RWA Paris, initially set for February, would not be happening as scheduled in 2026. Although the organizers did not explicitly say events would not take place in the future, the message to attendees signaled that they are “clos[ing] this chapter” on conferences. “The market collapse hit us hard,” reads the post. “Despite drastic cost cuts and months of trying to make it work, we couldn't pull it off this year.” Read more
“China’s Ethereum” co-founders clash on New Year’s Eve over Neo’s treasury, major Asian economies warm up to Bitcoin ETFs. Asia Express Neo co-founders Erik Zhang and Da Hongfei clashed on New Years Eve in a heated public exchange, accusing each other of mismanaging the blockchains treasury and misrepresenting years of internal governance decisions. Neo is a long-running smart contract network founded in 2014 that rose to prominence during the 2017 bull market, when it was widely dubbed Chinas Ethereum. The nickname reflected its early focus on smart contracts and regulatory-friendly design, similar in ambition to Ethereum but marketed as a domestic alternative for Chinas tech ecosystem. Zhang said he originally stepped away from Neo leadership after Da argued that joint oversight of the foundation was slowing the project. Read more
Parcl’s native PRCL token surged over 100% following news of the partnership, which brings housing price indexes into prediction markets. Parcl and Polymarket have partnered to launch real estate prediction markets that will settle against Parcl’s daily housing price indexes, bringing housing price data into prediction markets for the first time. Under the partnership announced Monday, Polymarket will list and operate markets tied to movements in housing price indices, while Parcl will supply the index data used to determine market outcomes and settlement values. Each market will link to a Parcl resolution page showing the final settlement value, historical index data and the methodology used to calculate the index, providing a standardized reference for verifying outcomes once markets close. Read more
The Gemini Trust Company and parent company of Crypto.com sent millions of dollars to the Trump-supporting PAC in September and October. Two major cryptocurrency exchanges have contributed more than $21 million to a political action committee (PAC) supporting US President Donald Trump. In a Friday filing with the Federal Election Commission, the MAGA Inc. Super PAC reported receiving 1,500,000 liquidated USDC (USDC) from the Gemini Trust Company and two $10 million contributions from Foris Dax, the parent company of cryptocurrency exchange Crypto.com. The exchange has deepened ties with Trump’s media company since 2025 as part of a digital asset treasury strategy. Other contributions related to the crypto and financial industries included $1 million from an executive at payment processing provider Shift4 and more than $4 million from JP Morgan Chase Bank, N.A. The funds contributed to the PAC’s $294 million stockpile. Read more