Nike faces a $5M+ lawsuit after shutting down its RTFKT NFT unit. Nike pledges to preserve RTFKTâs innovation despite facing legal challenges. Nike is facing a class action lawsuit after shutting down its RTFKT unit. According toReuters, the lawsuit was filed in Brooklyn, New York, by a group...
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The studio tripled-down on one of the worst trends in video game history, saying that "Web3 gaming is inevitable". I have to admit, after covering two of Ubisoft's Web3 blockchain games they shipped back in late 2024, both of which â surprise, surprise â were obliterated by the gaming...
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The NFT landscape is undergoing a notable shift, with sales on Polygon outpacing Ethereum for the first time. According todata from CryptoSlam, NFT sales on Polygon(POL)reached $22.1 million in the seven days leading up to Aprill 22, surpassing Ethereum(ETH), which came in second with $21.8...
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The pseudonymous co-founder of Dead Bruv, said the initiative was about trying to âmake NFTs fun againâ and was sparked by a joke that turned into a âlightbulb moment.â The pseudonymous co-founder of Dead Bruv, said the initiative was about trying to âmake NFTs fun againâ and was...
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According to @bolsaverse, the Monad network currently hosts over 150 million active wallets, highlighting the significance of maintaining activity in wallets that received testnet MON. This strategy becomes particularly pertinent if these wallets house a soulbound NFT for platforms like Twitter...
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NFT collection CyberKongz says the U.S. Securities and Exchange Commission has shut its investigation, marking the latest probe ended by the agency since President Donald Trump took office earlier this year. CyberKongzposted on Tuesday on X that the SEC's investigation was closed and announceda...
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The trader sold 62 CryptoPunk NFTs in 2021, earning approximately $7.4 million in profit, followed by the sale of 35 more in 2022 for an additional $4.9 million. The trader sold 62 CryptoPunk NFTs in 2021, earning approximately $7.4 million in profit, followed by the sale of 35 more in 2022 for...
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Andreessen Horowitzwants an updated version of Regulation Crowdfunding, or Reg CF, to be used to fundNon-Fungible Token(NFT) offerings.The venture group defines NFTs as âcrypto assets whose value, utility, or significance is primarily derived from being a record of ownership or rights with...
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The NFT protocol's founder cited Polygon's flat TVL growth and Base's strength among retail users as reasons for the move. The NFT protocol's founder cited Polygon's flat TVL growth and Base's strength among retail users as reasons for the move. Aavegotchi, a non-fungible token (NFT) protocol...
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As the crypto market prepares for turbulence amid the tariff wars, the NFT market seems to be in a worse position. Trading volumes are declining and marketplaces shutting down. The once-hyped world of non-fungible tokens, which analysts once boldlyprojectedcould balloon to over $264 billion by...
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