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‘Wave of litigation’ to hit NFT space as copyright issues abound
7.2.2022
As the NFT industry grows with increasing market penetration, research and consumer education are key to the domain’s evolution
Sneaker Giant Nike Sues Online Retailer for Selling Unauthorized Nike Shoe NFTs
7.2.2022
Nike has filed a lawsuit against an online reseller using unauthorized Nike shoe images in non-fungible tokens (NFTs). “Those unsanctioned products are likely to confuse consumers, create a false association between those products and Nike, and dilute Nike’s famous trademarks,”...
US Treasury Warns NFTs May Present New Illicit Finance Risks
6.2.2022
The U.S. treasury department has warned that non-fungible tokens (NFTs) may present new illicit finance risks. According to industry estimates, the NFT market could reach $35 billion in 2022 and more than $80 billion by 2025. NFTs May Present Illicit Finance Risks The U.S. Department of...
Rolling Stone Partners With Coinbase, First Collaboration Is a Limited Edition NFT Collection
6.2.2022
Following a two-year hiatus, the American magazine that’s dedicated to music, politics, and popular culture, Rolling Stone, announced the return of Rolling Stone Live. According to the publication, the Rolling Stone Live event marks the company’s first collaboration with Coinbase...
Metaverse tokens surge after Meta tanks, Dorsey roasts Diem after it shuts down, a new malware can target 40 browser wallets: Hodler’s Digest, Jan. 28-Feb.5
5.2.2022
The Metaverse calls: NFTs construct virtual economies to stay relevant in 2022
5.2.2022
“Utility” is the 2022 NFT buzzword and a few forward-looking projects are venturing into the Metaverse by integrating gamification and token emission strategies to their roadmap
Value Locked in Defi Climbs 13% Higher Since Last Week’s Low, SOL Price Jumps 25%, AVAX TVL Spikes
5.2.2022
The total value locked (TVL) in decentralized finance (defi) has jumped back above the $200 billion range, hovering around $216.49 billion on Saturday morning (EST). The TVL in defi has increased 13.60% since tapping a low of $190.57 billion 13 days ago on January 23. The decentralized exchange...
A Team of Experienced Crypto Enthusiasts Launch RIDGE Charity Token
4.2.2022
PRESS RELEASE. Podgorica, Montenegro – A group of crypto enthusiasts has announced the release of the RIDGE charity token. RIDGE is a community-driven charity token deployed on the Ethereum network (ERC-20) with the major purpose of donating to charities and developing other crypto...
This Year’s Super Bowl Attendees to Get Commemorative NFT Tickets From NFL, Ticketmaster
4.2.2022
The National Football League (NFL) has announced the American football organization plans to give fans virtual commemorative tickets in the form of non-fungible tokens (NFTs) for the upcoming Super Bowl LVI in Los Angeles. The NFL has partnered with Ticketmaster to issue the commemorative...
The Metaverse: Three Legal Issues We Need to Address
4.2.2022
Pin Lean Lau, Lecturer in Bio-Law, Brunel Law School | Centre for Artificial Intelligence: Social & Digital Innovations, Brunel University London._____
The “metaverse” seems to be the latest buzzword in tech. In general terms, the metaverse can be viewed as a form of cyberspace. Like...
A "unifying Web3 platform" will onboard 1 billion users by 2026, says Harmony COO
4.2.2022
COO at Harmony, Li Jiang, is convinced that a bridge connecting all major blockchains is the key to building the foundation of a decentralized internet
Real and Artificial NFT Market Outperformed Crypto in January - DappRadar
4.2.2022
While the crypto market was still down in double digits from its all-time highs, in January, the non-fungible token (NFT) market increased, even excluding artificial trades, per dapp (decentralized application) information provider DappRadar. ...
Read More: Real and Artificial NFT Market...
These tokens saw the biggest trading volume pumps last week. How could traders benefit?
4.2.2022
Dramatic increases in trading volume can alert crypto investors to price highs that are yet to come
Nike Asks NY Court to Block Reseller StockX from Selling NFTs of its Shoes
4.2.2022
Nike has filed a civil case in the United States against the Detroit-based online fashion resale platform StockX, claiming that the latter uses unauthorized images of its footwear in non-fungible token (NFT) offerings.
In a 50-page complaint submitted to the New York Southern District Court...
Animoca Brands’ Offshoot nWay Launches Official Multiplayer Party Game of Beijing 2022 Olympics
4.2.2022
nWay, a subsidiary of major non-fungible token (NFT)-focused company Animoca Brands, has launched Olympic Games Jam: Beijing 2022, the official licensed play-to-earn multiplayer party game of the Olympic Winter Games that opened today....
Read More: Animoca Brands’ Offshoot nWay Launches...
Rise of Web3: Metaverse tokens surge as Meta’s share price plunges
4.2.2022
Decentralized Metaverse tokens have made steady gains this week, despite a dump in the stock price of Meta Platforms
Russian central bank registers nation’s first digital asset manager
3.2.2022
In late 2021, Bank of Russia deputy governor claimed the bank would allow crypto investment only via foreign firms
Immutable and GameStop to Launch an NFT Marketplace, $100M fund; IMX & GME Rise
3.2.2022
Australia-based Immutable has announced that its layer 2 (L2) scaling protocol for Ethereum (ETH) and non-fungible tokens (NFTs), Immutable X, has partnered with the US-based videogame retailer GameStop (GME) to launch an NFT marketplace.
The new marketplace will be fully carbon neutral, said...
How to Use Layer-2 Solutions to Save on Ethereum Fees: Immutable X
2.2.2022
The Ethereum (ETH) network has been struggling to scale, plagued with skyrocketing gas fees and slow transaction confirmation times. Following the explosion of decentralized finance (DeFi) and non-fungible tokens (NFTs) over the last two years, the strain on the network has become palpable...
New Balance ‘Virtual Goods’ Trademarks Hint of Upcoming Metaverse and NFT Venture
1.2.2022
Following Adidas and Nike getting into the metaverse, the sneaker manufacturer New Balance seems to be prepping to launch virtual items tied to its products. The firm filed three trademark applications with the United States Patent and Trademark Office (USPTO) that describe “downloadable...