Nike is facing a lawsuit from a group of investors who claim the company’s abrupt shutdown of its digital collectibles venture, RTFKT, wiped out the value of their purchases and left them facing heavy losses. In a class action filed on Friday in Brooklyn federal court, Australian resident Jagdeep Cheema and other plaintiffs accused Nike […]
Nike Faces $5M Lawsuit Over Losses From Shuttered NFT Venture Read More »
Major crypto wallet Ledger has partnered with the popular Pudgy Penguins non-fungible token (NFT) collection to launch a limited-edition device and complementing protective cases. According to the press release shared with Cryptonews, the products will launch at TOKEN2049 Dubai on 29 April. Attendees will get a first-hand look and a chance to buy these releases.
EXCLUSIVE: Ledger and Pudgy Penguins Reveal Limited-Edition Custom Device and Cases Read More »
The US Securities and Exchange Commission has formally closed its investigation into CyberKongz, a prominent Ethereum-based NFT and gaming project, with no enforcement action taken, the team announced on Tuesday. CyberKongz described the decision as a landmark moment, ending what it called years of “unjust allegations, crippling legal fees, and the biggest hurdle we could
SEC Closes Investigation Into NFT Gaming Project CyberKongz Read More »
Former NBA legend Shaquille O’Neal has agreed to pay $11 million to resolve a class-action lawsuit tied to his involvement in the Solana-based Astrals NFT project. A Florida federal judge, Federico Moreno, approved the final settlement on April 1, with the order made public on April 8. The settlement establishes an $11 million fund for
Shaquille O’Neal to Pay $11M in Final Settlement Over Astrals NFT Lawsuit Read More »
Blockchain protocol GOAT Network has partnered with the NFT company Rarible to launch GOATible, a new on-chain NFT marketplace powered by RaribleX and the hub for GOAT’S One Piece Project. According to the press release, GOATible went live on Monday, making its debut on Rarible’s website. GOAT Network is a blockchain protocol offering BTC yield
GOAT Network Partners with Rarible to Launch New NFT Marketplace Read More »
Key Takeaways: A top social media service ends its digital collectible marketplace amid fiscal challenges. The decision reflects a broader pullback from speculative digital asset ventures. Users are advised to relocate their assets to alternative storage options. VK, one of Russia’s largest social media platforms, announced that it would shut down its NFT marketplace, VK
Russian Social Media Company VK to Shut Down its NFT Marketplace Over Recorded Losses Read More »
Key Takeaways: The fund merges distinct digital tokens with NFT collectibles for a mixed asset approach. It relies on established blockchain currencies to facilitate transactions. This regulated product offers a new method for investors to combine various crypto holdings. The filing mirrors a growing trend toward unified digital asset solutions. Canary Capital filed its S-1
Canary Files S-1 for $PENGU and Pudgy Penguins NFT ETF Read More »
