Search
Nike sued for $5 million over its shutdown of NFT platform RTFKT
28.4.2025
Nike has been hit with a class-action lawsuit that accuses the sportswear giant of operating a rug pull for shuttering its non-fungible token (NFT) platform RTFKT in January. A group of RTFKT users led by Jagdeep Cheema claimed in the proposed class suit filed in a Brooklyn federal court...
Nike sued for $5 million over its shutdown of NFT platform RTFKT
28.4.2025
Nike has been hit with a class-action lawsuit that accuses the sportswear giant of operating a rug pull for shuttering its non-fungible token (NFT) platform RTFKT in January. A group of RTFKT users led by Jagdeep Cheema claimed in the proposed class suit filed in a Brooklyn federal court...
RTFKT’s CloneX avatars reappear after issue blacks out NFTs
25.4.2025
More than 19,800 CloneX digital avatars developed by non-fungible token firm RTFKT Studios have reappeared after Cloudflare blacked out the NFTs for apparently violating its terms of service.“This content has been restricted. Using Cloudflare’s basic service in this manner is...
NFTs hit $562M in monthly sales, Nike shuts down RTFKT: Nifty Newsletter
4.12.2024
NFTs have started to recover, recording a monthly sales volume of $562 million in November
Nike-owned NFT wearables RTFKT to sunset in January
3.12.2024
The Nike-owned company received investment funding from Andreessen Horowitz during the peak of NFT summer in 2021
Nike-Owned RTFKT To Shut Down Platform: Big Blow To NFT!
2.12.2024
In the shocking event, Nike-owned RTFKT, a digital collectibles and sneakers platform, announced on December 2 that they…
This New RTFKT Virtual Sneakers by Nike Do Not Require Owning NFT, What’s Going On?
21.11.2023
Source: Nike Fashion behemoth Nike has pre-launched new RTFKT Dunk Genesis sneakers that do not require an expensive NFT to buy. The public presale of the new real-world kicks went live on Monday, letting anyone buy the sneakers without owning an RTFKT non-fungible token (NFT). The drop is...
RTFKT is hosting the Nike Dunk Ghost Edition forging event
20.11.2023
The forging event, co-hosted by RTFKT and Nike for Dunk Ghost Edition, is live. Participants can access the official platform of RTFKT to participate. The event allows them to leverage their digital collectibles for physical copies of their shoes, provided the collectibles are eligible....
Nike-RTFKT NFT Collections Generate $1.4 Billion in Trading Volume
6.11.2023
Non-fungible token (NFT) collections by sportswear giant Nike and virtual sneakers and collectibles creator RTFKT have seen $170 million in earnings and a whopping $1.4 billion in trading volume. There are two notable factors to keep in mind. One, Nike and RTFKT have joined hands less than...
Forging Event by Nike Air Force 1 and RTFKT goes live
25.4.2023
Nike Air Force 1 Forging Event, in collaboration with RTFKT, a Web3 company, is now live. Users can access a total of 10 collections from April 24, 2023, to May 8, 2023, 9:30 p.m. GMT+5:30. What makes this collection interesting is a set of two editions by Takashi Murakami. Murakami is a renowned...
Nike’s NFT Brand RTFKT COO Gets Hacked, Loses Nearly $200,000 in NFTs – Here’s What Happened
4.1.2023
RTFKT COO Nikhil Gopalani has fallen victim to a "clever" phishing scheme that drained almost $200,000 worth of NFTs from his wallet.
In a Tuesday tweet, Gopalani said that he lost his collection of NFTs, which included Clone X NFTs and items from other collections, to a scammer in an apparent...
Nifty News: Solana NFT trading volume, Nike RTFKT COO hacked, and more
4.1.2023
Twitch streamer and NFT project founder DNP3 admitted in a Twitter post that he gambled and lost investor funds
NFTs create a more frictionless experience for collectors, says RTFKT co-founder
12.10.2022
Cointelegraph spoke with Steven Vasilev, the co-founder of RTFKT to learn more about how NFCs and NFTs can be used together to create better user experiences
Nifty News: Prada launches new fashion NFT, P2E games witness growth in India
1.6.2022
Prada Timecapsule is set to launch on Thursday, Eurovision Winners Kalush Orchestra raised 50 ETH for Ukraine, P2E games see a rise in developing regions, and RTFKT's Loot Pod winners were announced
Nike Acquires NFT Startup RTFKT Studios in Order to ‘Deliver Next-Generation Collectibles’
14.12.2021
Nike, the American multinational footwear and sports apparel company has announced the acquisition of a startup called RTFKT Studios, a firm that leverages non-fungible token (NFT) assets, blockchain authentication, and augmented reality. Nike says the acquisition will allow the company “to...
Nike Inc. Aquires RTFKT for Digital Transformation
14.12.2021
NIKE, Inc. announced today that it has acquired RTFKT, a prominent brand that uses innovation for creating next-generation collectibles combining culture with gaming. This purchase accelerates the digital transformation of Nike allowing serving creators and athletes at the nexus of sport, gaming...
Just did it: Nike enters the metaverse game following RTFKT acquisition
14.12.2021
The new RTFKT acquisition confirms Nike’s interest in being a prominent contributor to the virtual world of the metaverse
RTFKT partners with Daz 3D to advance metaverse NFT’s
4.11.2021
The digital NFT collective is expected to debut their pfp avatar collection, titled CloneX, later this month
‘We want to be the brand of the metaverse,’ says RTKFT’s Chris Le
4.10.2021
Cointelegraph spoke to Chris Le, the co-founder of NFT sneaker brand RTFKT Studios for an exclusive insight into the project’s vision and ambitions
Los Angeles Dodgers to Auction 2020 World Series Ring NFT via Candy Digital
12.7.2021
After Major League Baseball (MLB) revealed a partnership with Candy Digital, the Los Angeles Dodgers announced it is auctioning a non-fungible token (NFT) World Series championship ring, a physical version, and a VIP first pitch experience. The NFT collection will start with an online auction...