Crypto company Yuga Labs has won its claims of trademark infringement against artist Ryder Ripps who copied their NFTs in what he called a protest of their racially offensive imagery. Ripps and his legal team raised issues of celebrity endorsements, art, the First Amendment and what crypto...
Use of BAYC trademarks by Ripps’ RR/BAYC was intended to confuse consumers, a U.S. judge in California has ruled Bored Ape Yacht Club NFT image (Yuga Labs, Modified by CoinDesk)) A U.S. court in California has handed Yuga Labs, the company behind the popular Bored Ape...
The Madlads NFT is meant to be the first in a novel spin on digital collectibles from Armani Ferrante and Tristan Yver, two well-known figures in the Solana ecosystem. Armani Ferrante with tech support at Breakpoint 2023 (Danny Nelson/CoinDesk) One of the hottest NFT...
Despite his recent indictment, Donald Trump isn’t slowing down with his Web3 ambitions. The former U.S. president announced Tuesday the release of a "Series 2" of hisNFTcollection Trump Digital Trading Cards. Trump shared the news on his social networkTruth Social, telling followers that...
While the market for NFTs has cooled from the frenzy that marked 2021, the digital assets are still generating billions of dollars in trading volume in 2023. (Beeple) The hype over non-fungible tokens (NFTs) that overtook news cycles and crypto markets in 2021 has died down....
NFT.NYC – ayearly crypto confabwhich even last year had displayed the decadence of a sector worth trillions – took a decidedly downmarket turn this week. Since its inaugural run in 2019, purveyors of so-called NFTs, or non-fungible tokens, have spent millions on splashy events. They have...
Now that the crypto asset sector has weathered the hype, higher-quality projects are likely to continue developing, Jeff Garzik says. The hype once driving the popularity of non-fungible tokens (NFT) may have finally settled, said Jeff Garzik, a former Bitcoin core developer...
The negative publicity around NFTs and crypto have galvanized some to drop the word altogether from their marketing efforts. In April, the British rock band The Rolling Stones will unveil 40 photos linked to NFTs, or non-fungible tokens. These will largely focus on “historical moments captured...
Speculative NFT project Nakamigos has recently broken into the NFT spotlight, spawning copycat projects such as Magamigos and Nakamigas that capitalize on the trend. But while meme projects may offer short-term gains, they rarely offer long-term value and ought be scrutinized. Nakamigos...
In the hour after the 45th president was arrested Tuesday afternoon, the collection saw 30 sales, a 462% increase after a long period of token holder dormancy. (OpenSea) Donald Trump’snon-fungible token (NFT) collection saw a surge in sales after the 45th U.S. president’s Tuesday court...
Following news of a New York Grand Jury voting to indict former president Donald Trump on March 30, the floor price for the officially licensed Trump Digital Trading Cards nonfungible token (NFT) project pumped. Accordingto data from OpenSea, NFT traders were seemingly spurred into action by...
Argentinian low-cost airlineFlybondiis integrating Web3 into its ticketing process by issuing e-tickets as non-fungible tokens (NFT). The new integration announced Thursday is calledTicket 3.0and is an expansion of its existing relationship with NFT ticketing companyTravelX, which...
(Y00ts NFT collection via Magic Eden) Popular non-fungible token (NFT) project y00ts has started the migration process from its native Solana blockchain to the Polygon network in a move meant to speed up transaction times and reduce network fees. The...
The top 10 NFTs collections to invest in 2023 are extremely popular because of their utility Wondering where to invest next? Well, what better investment option than Non-fungible tokens? The last couple of years has been quite interesting for the NFT market. A lot of investors had shown an...