Blockchain validation. Payments between different network layers. Digital asset recommendations in the metaverse. These are some of the areas PayPalâs research and development efforts appear focused on, according to a slate of recently published patent applications. The most recent application,...
A Florida judge ruled in favor of the digital artist Danny Casale in a breach of contract suit brought by the web3 collective DigiART, which claimed that the two had a year-long profit-sharing agreement on initial drops of Casaleâs NFT projects. The case hinged on a simple but glaring...
Two years after tech trend that swept up artists and celebrities, researchers estimate 23 million people hold worthless investments Tens of thousands of NFTs that were once deemed the newest rage in tech and dragged in celebrities, artists and evenMelania Trumphave now been declared virtually...
Bored Ape Yacht Club NFTs in Times Square during an NFT conference in June.Noam Galai/Getty ImagesMost NFTs may now be worthless, less than two years after a bull run in the digital collectibles. A study examining more than 73,000 NFT collections found that 95% had a market cap of 0 ETH. Out...
OpenSea and Rarible both confirmed that they blocked Stoner Cats NFT trades, while Blur shows no active listings after the SEC settlement. TheStoner CatsNFT project can no longer be traded at prominent marketplaces like OpenSea, Blur, and Rarible. The moves follow last weekâs announcement...
Solana's leading NFT marketplace is making waves, boasting nearly as many daily traders as allEthereum-based NFT platforms combined. This is not just a fluke; it is a testament to the unique synergy between Solana's user-friendly, cost-effective blockchain and the ever-popular world ofNFTs....
The LLC connected to the animated Web3 series, which also stars Jane Fonda, Seth MacFarlane and Chris Rock, agreed to pay a $1 million penalty and return payments to buyers of the NFTs. The federal governmentâs crypto crackdown is hitting Hollywood again â this time targeting a starry...
After many delays, the NFT-backed restaurant/club that was supposed to offer memberships between $7,500-$300,000 is ânot possible [to open] at this timeâ It looks like SHĹ â the NFT-backed restaurant/club in San Francisco that was supposed to open this fall as a two-story âculinary...
Japanâs Casio has become the latest megabrand to take the NFT plunge with the release of âVirtualâ G-Shock tokens based on its popular watches. In a Casio press release, the firm said it was launching the Virtual G-Shock line on the Polygon blockchain protocol. The company said it would...
The G-Shock watch brand is coming to the metaverse via Polygon NFTsâand Casio wants to cultivate a community of collaborators. Japanese electronics giant Casio is expanding its sporty G-Shock watch brand into the metaverse with the launch of Virtual G-Shock, a blockchain-based âcommunity...
Grimes says she has made more money selling NFTs than she has through her entire music career. The Canadian musician made more than $5.8 million in less than 20 minutes from selling NFTs in 2021. Grimes says her earnings from selling NFTs outpace what she's earned over the course of her...
Trump NFT prices spiked after the former U.S. presidentâs mugshot in police custody was released. ââWelcome to the latest edition of Cointelegraphâs Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter...
Illustration: Brendan Lynch/Axios U.S. regulators continue to hammercryptofirms with enforcement actions, the latest of which dragsNFTsinto the mix. Driving the news: The Securities and Exchange Commission on Mondaysued Los Angeles-based podcasting firm Impact Theory for allegedly offering...