As part of its Chapter 11 bankruptcy case, FTX has filed a number of high-profile lawsuits. Among other things, they’re targeting Binance, former CEO Changpeng Zhao, NFT Stars, and Delysium. Filed in Delaware bankruptcy court, these lawsuits are pursued to recoup misappropriated funds and assets that were allegedly diverted just...
Nike sued to the tune of $5 million in the Eastern District of New York. The complaints allege that the athletic apparel behemoth breached securities laws in its deployments of non-fungible tokens (NFTs) associated with RTFKT, the virtual sneaker firm it bought in 2021. That lawsuit alleges that Nike leveraged...
Ethereum, the second-largest cryptocurrency by market cap, is the foundational bedrock of this new decentralized digital world. Its price volatility sends shockwaves through the entire cryptocurrency ecosystem, affecting developers and entrepreneurs to new businesses and users. Ethereum is an open source decentralized platform that allows developers to build and deploy...
CryptoPunks, a pioneering collection of non-fungible tokens (NFTs), will soon be showcased at the new permanent exhibition space in Palo Alto. The decision marks a turning point in what’s fast becoming a brutal new reality for these formerly high-flying digital assets that once fetched multi-million dollar valuations. The foundation remains...
Yuga Labs, the creator of the CryptoPunks collection, has sold the corresponding intellectual property (IP) to the Infinite Node (NODE) Foundation. This transfer marks a significant shift for the legendary NFT collection. As of May 13, it can still be proud of a nearly $1.2 billion total market capitalization. The...
CryptoPunks, one of the original and most prestigious NFT collections on the Ethereum blockchain, now sits under the stewardship of the Infinite Node Foundation. This approval for this transaction between CryptoPunks and the Infinite Node Foundation was announced through a tweet on X.com. This change is important as it gives...
Speaking of QC, their burgeoning independent news platform co-founded by Ryan Segura, DeFrieze, and others is shaking things up in some really inspiring ways. They are AI and NFT-ing themselves right into the foundational core infrastructure. Segura recently demonstrated to Protos how to generate NFT entries for the platform. What...
XRP was originally designed in 2012 to be a bridge currency, for the purpose of facilitating global remittances. By May 2025 it had clearly positioned itself as the second most promising cryptocurrency after Bitcoin. XRP has bounced back from a checkered past of regulatory challenges and market volatility. It is...
Metaplex is by far the most dominant digital asset protocol on Solana and the Solana Virtual Machine (SVM). It’s still at work consolidating its monopoly in the ecosystem. The protocol is incredibly popular, and it is the backbone of the creation and management of digital assets. It touches on every...
Frank DeGods, whose real name is Rohun Vora, has resigned from the position of CEO of DeGods after three years of leadership. The resignation comes at a time of heights sales on the DeGods NFT collection, which gained prominence primarily on the Solana blockchain. On May 12, DeGods on Solana...
