Nike is defending itself in a high-profile lawsuit in New York. Now the shutdown of its RTFKT platform has resulted in massive rug pulls for holders of their Non-Fungible Tokens (NFTs). On April 25, this new lawsuit was filed in New York’s Eastern District court. It claims that consumer protection...
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 is now defending itself in a lawsuit arising from its announcement to close its non-fungible token (NFT) platform. The suit became known through an unnamed report published on the Ministry of Sport ministry website.Our exclusive online home, courtesy of the Ministry of Sport, gives you access to case-studies, articles,...
At more than 143 pages, the report is a comprehensive, data-driven examination of today’s market and where it’s headed. It further divides the market in terms of significant regions and studies the product and application landscape, providing useful information to market players, investors, and companies.Gaming NFTs are unique digital assets...
The Non-Fungible Token (NFT) market is incredibly hot right now. In large part, a few major leading blockchain networks are behind this remarkable performance boom. Ethereum, Mythos, Polygon, Solana, BNB Chain and Flow are leading the pack. Their new releases are pulling in big average weekly sales volumes between $1.6...
MilkyWay is a platform designed to become the de facto staking infrastructure for rollups powered by Celestia’s DA layer. With a $5 million seed round in hand—closed in April 2024—it’s positioned for a major leap. Binance Labs and Polychain Capital are both participating in the funding round. This investment will...
Whether the future is NFT games or play-to-earn models, the adoption of blockchain technology and Non-Fungible Tokens within the gaming industry is becoming hugely accelerated. The market is currently valued at USD 12.78 billion in 2024. Projections forecast an incredible increase up to USD 2,721.0 billion by the year 2035....
With May just around the corner, many altcoins are primed for beautiful gains. This momentum is being propelled by key technological advancements, increasing adoption rates, and positive market trends. Watch Chainlink, Ethereum, Solana, Avalanche, and Render Network. All three of these altcoins have specific catalysts that can really help them...
The PENGU token, which is linked to the recently acquired Pudgy Penguins NFT collection, is on a bullish spree. Recent trading activity signals the beginning of a very positive upward trend. Perhaps most encouragingly, the token’s price just broke above its 21-day Exponential Moving Average (EMA) for the first time...