Ryder Ripps and Jeremy Cahen settle with Yuga Labs, completely barred from utilizing Bored Ape imagery. The dispute centred on whether or not their RR/BAYC NFTs constituted satire or violated trademark protections. A 2023 court docket initially awarded US$1.5m, later rising to just about US$9m earlier than appeals overturned it.Continue Reading
NFTs are usually handled as digital collectibles, not securities, below the SEC’s up to date framework. Classification nonetheless will depend on construction, notably whether or not revenue expectations depend on others’ efforts. The brand new steering goals to make clear crypto guidelines whereas permitting flexibility for edge circumstances. US SECContinue Reading
OpenSea CEO Devin Finzer postponed the SEA token launch indefinitely, abandoning the unique March 30, 2026 goal date amid troublesome crypto market situations. Roughly 50% of the whole SEA provide is earmarked for the neighborhood, with gathered Treasure rewards to be “meaningfully thought of” on the eventual token technology occasion.Continue Reading
New Token Launch: Axie Infinity is introducing Bonded AXS (bAXS), a 1:1 backed recreation token used for breeding, evolving Axies, and market transactions. Airdrop Rewards: 100,000 bAXS will likely be distributed to gamers who held not less than 10 staked AXS throughout a February 5 snapshot. Financial Integration: The tokenContinue Reading
Nifty Gateway is shutting down on February 23, 2026, following a large collapse in NFT buying and selling quantity and a shift in market curiosity. Gemini is pivoting to a “tremendous app” and can now handle NFTs completely by its pockets product slightly than a devoted market. The platform isContinue Reading
Animoca Manufacturers has acquired Somo, a digital collectibles and gaming studio identified for its 3D “collect-and-battle” cellular titles like Somo Battleground and Somo Codex. The deal coincides with a pointy 20% rebound within the NFT market cap through the first two weeks of 2026, although complete valuations stay 59% decreaseContinue Reading
Nike offered its digital trend studio RTFKT on December 16, ending its high-profile push into blockchain collectibles and digital sneakers. The sale triggered a 200% value rebound for the flagship Clone-X NFT assortment, which had beforehand misplaced almost all its worth following RTFKT’s shutdown discover. Whereas the transaction phrases andContinue Reading
American rapper Soulja Boy is dealing with renewed public criticism from the analytics agency Bubblemaps over his historical past of paid crypto and NFT promotions that allegedly collapsed. The rapper issued a public apology, claiming he ran previous promotions with out understanding the market or figuring out a promoter linkedContinue Reading
OpenSea plans to launch its SEA token in the first quarter of 2026, allocating 50% of the total supply to its community. The token launch coincides with OpenSea’s pivot from a single NFT marketplace to a multi-chain trading hub, with a mobile app and perpetual futures trading also planned. SEAContinue Reading
American Express has launched Amex Passport, a new program that provides customers with blockchain-based digital travel stamps as non-transferable NFTs on the Ethereum layer-2 network, Base. The initiative is designed to serve as a permanent, decentralised record of a customer’s travel history, replacing traditional physical passport stamps, which are becomingContinue Reading
