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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...
OpenSea regains NFT market lead as rivals fall behind in user activity
25.4.2025
Non-fungible token (NFT) marketplace OpenSea has regained its position as the leading platform for digital collectible trading, even as overall market activity declined.Data tracker NFTScan shows that OpenSea has held the top spot in NFT marketplaces’ trading volume for the last 30 days....
Polygon NFTs overtake Ethereum collectibles in 7-day sales
22.4.2025
Polygon-based non-fungible tokens (NFTs) took the top spot in digital collectible sales after surging 20% in the last seven days. On April 22, NFT data tracker CryptoSlam showed that Polygon NFTs overtook Ethereum, reaching a $22.3 million volume in the past week. This represented 24% of last...
Polygon NFTs overtake Ethereum collectibles in 7-day sales
22.4.2025
Polygon-based non-fungible tokens (NFTs) took the top spot in digital collectible sales after surging 20% in the last seven days. On April 22, NFT data tracker CryptoSlam showed that Polygon NFTs overtook Ethereum, reaching a $22.3 million volume in the past week. This represented 24% of last...
NFT project plans crowdfund purchase of Cold War nuclear bunker
21.4.2025
A doomsday-themed Solana NFT project is looking to sell 100,000 non-fungible tokens (NFTs) to buy a Cold War-era nuclear bunker in Rutland, England.Dead Bruv, the creators of the narrative-driven NFT project Meatbags, plan to mint 100,000 NFTs, with Meatbags holders being airdropped 10,000. The...
NFT project plans crowdfund purchase of Cold War nuclear bunker
21.4.2025
A doomsday-themed Solana NFT project is looking to sell 100,000 non-fungible tokens (NFTs) to buy a Cold War-era nuclear bunker in Rutland, England.Dead Bruv, the creators of the narrative-driven NFT project Meatbags, plan to mint 100,000 NFTs, with Meatbags holders being airdropped 10,000. The...
NFT Marketplace Magic Eden Launches Season 2 Rewards Program
20.4.2025
Magic Eden has launched Season 2 of its rewards program, offering users new ways to earn incentives for trading non-fungible tokens (NFTs), swapping tokens, and staking on the platform. Magic Eden Enhances User Rewards with Season 2 Launch The NFT marketplace Magic Eden has introduced Season 2...
Bybit shuts down four more Web3 services after axing NFT marketplace
17.4.2025
Bybit is shutting down more of its Web3 services after axing its non-fungible token (NFT) marketplace earlier in April.According to an April 16 announcement, the exchange is shutting down its Cloud Wallet (a hosted custodial wallet​), Keyless Wallet (non‑custodial multiparty computation...
Kava Labs' Scott Stuart: Decentralized AI Delivers Real Value, Not NFT Style-Hype
14.4.2025
Kava's co-founder explains why the DeFi-to-AI pivot helped it beat the market, while other AI tokens have flopped
NFT trader faces prison for $13M tax fraud on CryptoPunk profits
13.4.2025
A non-fungible token (NFT) trader could face up to six years in prison after pleading guilty to underreporting nearly $13 million in profits from trading CryptoPunks, according to the US Attorney’s Office for the Middle District of Pennsylvania.Waylon Wilcox, 45, admitted to filing false...
NFT trader sells CryptoPunk after a year for nearly $10M loss
12.4.2025
An investor has sold a CryptoPunk non-fungible token (NFT) at a nearly $10 million realized loss, reflecting the continued decline in the once-booming blue-chip NFT market.A whale, or large cryptocurrency investor, sold a CryptoPunk NFT for 4,000 Ether (ETH) worth more than $6 million at the time...
NFT trader sells CryptoPunk after a year for nearly $10M loss
12.4.2025
An investor has sold a CryptoPunk non-fungible token (NFT) at a nearly $10 million realized loss, reflecting the continued decline in the once-booming blue-chip NFT market.A whale, or large cryptocurrency investor, sold a CryptoPunk NFT for 4,000 Ether (ETH) worth more than $6 million at the time...
CryptoPunk NFT, Once Bought for $16M, Sold for $10M Loss
11.4.2025
NFTs, once the darling usecase of crypto, are all but out of favor among investors, with some holders ready to realize huge losses
NFT Marketplace Magic Eden Expands as Multi-Chain Crypto Platform With Acquisition of Slingshot
10.4.2025
Magic Eden has announced its acquisition of Slingshot, an app designed to facilitate trading across multiple blockchains using a single, universal account balance. This acquisition aims to simplify the onchain trading experience, which currently requires users to navigate multiple wallets, manage...
NFT Marketplace Magic Eden Buys Trading App Slingshot
10.4.2025
Magic Eden wants to broaden its offering beyond NFTs and streamline crypto trading across multiple blockchains
OpenSea urges SEC to exclude NFT marketplaces from regulator’s remit
10.4.2025
Non-fungible token marketplace OpenSea has urged the US Securities and Exchange Commission to exclude NFT marketplaces from regulation under federal securities laws.The SEC needs to “clearly state that NFT marketplaces like OpenSea do not qualify as exchanges under federal securities...
Shaquille O’Neal gets judge’s greenlight for $11M Astrals NFT settlement
9.4.2025
Former NBA star Shaquille O’Neal has been granted final court approval to settle a class-action lawsuit for $11 million with Astrals non-fungible token (NFT) buyers.Florida federal court judge Federico Moreno granted approval of the settlement between O’Neal and the class group led...
Gaming NFT maker Aavegotchi votes to ditch Polygon for Base
8.4.2025
Aavegotchi, a non-fungible token (NFT) protocol focused on Web3 gaming, has opted to abandon blockchain network Polygon and “go all-in” on Base, an Ethereum layer-2 scaling chain, according to the results of an onchain vote. On April 8, Aavegotchi’s community members voted...
Game Designer: ‘Airdrops Have Been a Double-Edged Sword for Blockchain Gaming’
7.4.2025
Steve Hassenpflug says successful airdrop strategies reward skill-based contributions, include vesting periods, and distribute assets with functional value. These approaches aim to foster long-term loyalty while avoiding inflation and exploitation. Airdrops: Double-Edged Sword for Blockchain Gaming...