Non-fungible tokens were always about as valuable as a casino chip. Up one moment; lost completely the next. The lucky ones may have hit the double 00s on the roulette wheel, like those who bought ...
Like the volatile, hype-prone digital art market it briefly celebrated, the Seattle NFT Museum sometimes struggled to be taken seriously. Billed as the world’s first museum for NFTs, or “non-fungible ...
Digital artist FEWOCiOUS auctions five new unique NFT works of art at Christie's in 2021, during the auction house's most successful year for digital art. Noam Galai / Getty Images Christie’s is ...
NEW YORK, July 31 (Reuters) - A divided federal appeals court on Thursday overturned the fraud conviction of a former product manager at OpenSea, the world's largest marketplace for non-fungible ...
July 24 (Reuters) - A U.S. appeals court on Wednesday overturned an $8.8 million judgment for Bored Ape Yacht Club non-fungible token maker Yuga Labs in its dispute with artist Ryder Ripps and his ...
Yuga Labs, known as the creator of Bored Ape Yacht Club and other notable NFTs, sold its iconic CryptoPunks to the nonprofit NODE Foundation, which focuses on preserving digital art. The deal details ...
The NFT market crash has a long tail. In the late 2010s, crypto enthusiasts and Web3 advocates celebrated the arrival of digital art. Non-fungible tokens, they argued, could offer the permanence and ...
Burwick Law warned Metaplex that seizing unclaimed SOL could lead to legal action from NFT holders. The firm suggested returning 90% of the funds to users and keeping 10% for network maintenance. Over ...
Burwick Law, a New York-based firm, has raised legal concerns about Metaplex’s plan to transfer over 54,000 unclaimed SOL, worth roughly $7.3 million, into its DAO treasury. In an open letter shared ...
Metaplex’s plan to sweep millions in unclaimed SOL into its DAO treasury has sparked legal threats and community backlash, with critics warning it could undermine user trust and violate consumer ...
Burwick Law says Metaplex could be sued if it doesn’t change its plan to sweep unclaimed NFT value from its resize upgrade to its DAO treasury instead of returning them to NFT holders. Crypto law firm ...
EXCLUSIVE: Netflix is set to premiere Nicholas Bruckman’s NFT documentary Minted in key global territories this week, including in North America. The film, subtitled The Rise (and Fall?) of the NFT, ...