Nike’s NFTarm has been hit with a new class action lawsuit over the Nike-related RTFKT NFT venture. One Australian customer is at the forefront, accusing RTFKT of misleading conduct and over $1M AUD in damages since closing RTFKT. The crux of the argument? These NFTs were actually unregistered securities.Is it...
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...
When you hear “blockchain,” are you picturing Bitcoin’s volatile market fluctuations. Or maybe a million-dollar Bored Ape JPEG. And sure, Tezos does do NFTs. But trying to pigeonhole it as simply “blockchain art” is like calling the internet a glorified email network. It's missing the whole point. It's a fundamental...
The NFT space promised a revolution for artists, a direct line to their fans, and a fair cut of future sales through royalties. To be fair, let’s acknowledge that the world in practice is chaotic. Royalties are so broken that artists are literally getting robbed. So let’s cut the shit...
The healthcare supply chain. A mess, right? We've all heard the horror stories: counterfeit drugs flooding the market, essential medications stuck in transit, and mountains of waste due to inefficient tracking. It’s not simply annoying, it’s life-threatening—and quite honestly, maddening. What if I told you that the same technology powering...
If we’re truthful with ourselves. You probably have a lot less control over how your health data is used than you do over the ads that appear on your Facebook timeline. Think about it: your medical records are scattered across doctor's offices, hospitals, insurance companies, and research institutions. Who really...
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...
We're all watching the charts, aren't we? Staring at ETH price, trying to guess what’s the next PEMDAS that makes it go up, murmuring sweet nothings about institution money. With all of this jubilation, a far more significant question remains – a question that most everyone is afraid to ask....
As Ethereum’s price skyrockets, you might be wondering… “Am I too late to invest in Ethereum?” My answer? Absolutely not. What we’re experiencing is just the first taste of a massive change, a new digital renaissance fueled by Ethereum. Forget the hype — this isn’t just about lines shooting straight...
The news hit the NFT world like a digital asteroid: Yuga Labs, the behemoth behind Bored Ape Yacht Club, is offloading CryptoPunks to the Infinite Node Foundation, a non-profit. At first blush, that seems nearly altruistic, a nod to saving art. But dig just a little bit deeper, and a...
