Yuga Labs Inc., the company behind Bored Ape Yacht Club, has reached an agreement in its legal dispute against a developer. The developer allegedly duped collectors into purchasing counterfeit Bored Ape NFTs. In January, Yuga Labs took legal action against Thomas Lehman for his role in helping conceptual artist Ryder Ripps create NFTs featuring Bored … Read more
A crypto scammer by the name of Chase Senecal has been arrested by the FBI after they got a tip from a crypto scam investigator. The crypto sleuth, who goes by the pseudonym ZachXBT, followed Senecal and his scamming group for months. Eventually, he managed to trace several transactions associated with NFT hacks to him. … Read more
Crypto.com has announced an MOU with Studio Dragon to promote the incorporation of K-content into NFTs. The global platform will collaborate with Studio Dragon to exhibit their drama IP as NFTs. The first project will be the launch of the “Crash Landing on You” and “Start-Up” editions of Studio Dragon’s art toy “DearRo” on February … Read more
Japanese Prime Minister Fumio Kishida said that DAOs and NFTs can support Japan’s ‘Cool Japan’ national strategy. Kishida was addressing the Budget Committee in Japan’s House of Representatives on February 1 when he made these remarks. Also, he believes blockchain technology can offer solutions to most of the technological issues facing the country. Answering questions … Read more
For Web3 to achieve mass adoption, practical applications are necessary at the user layer. Social wallets are working towards customer-friendly layers by combining two essential components of Web3: communication and digital asset management. Web3 social wallets are decentralized applications where activities like group chatting, direct messaging, performing transactions, and collective investing in crypto assets can … Read more
Chainlink is looking to expand on its DeFi dominance and break into the lucrative NFT market by introducing its evolving dNFT version. Chainlink has been dominant in the DeFi industry, with many blockchains partnering with its token LINK as a way of earning passive income, but as with all leaders in the space, it is … Read more
After months of lacklustre performance, Coinbase NFT has paused creator drops to add more features that will improve the platform. The announcement was made through Twitter on Wednesday. And the platform was quick to state that it was not shutting down, dispelling swirling rumors that it was likely to close shop. We recently shared that … Read more
The Defiance Digital Revolution ETF (NFTZ), recognized as the first NFT ETF, is set to close its doors on February 28, as announced by Defiance ETFs. The move has surprised market insiders after a more than 50% bounce from the lows of December 2022. NFTZ provides exposure to a portfolio of firms involved in or … Read more
The Chinese version of Instagram Little Red Book (XiaohongShu) has enabled an NFT integration that could catalyze the mass adoption of digital collectibles. This is after the platform teamed up with Conflux Network, a layer 1 public blockchain protocol. Now users of Little Red Book will be able to showcase their NFTs minted through Conflux … Read more
After a triumphant “City Launch Wave 0,” Affyn has revealed new cities for NEXUS World – a mobile metaverse integrated with the real world. Following the announcement of Singapore, Affyn continues its grand tour of global cities. Get ready to explore the vibrant cities of Dublin, Glasgow, and London in ‘City Launch Wave 1’ – … Read more
