nft

NFT Drama Ends For Shaquille O’Neal With Hefty  Million Settlement

NFT Drama Ends For Shaquille O’Neal With Hefty $11 Million Settlement

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure NBA legend Shaquille O’Neal has agreed to pay $11 million to settle a class-action lawsuit over his promotion of the failed Astrals NFT project. A Florida federal judge approved the settlement on April 1, with the order becoming public just this week […]

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Shaquille O’Neal to Pay M in Final Settlement Over Astrals NFT Lawsuit

Shaquille O’Neal to Pay $11M in Final Settlement Over Astrals NFT Lawsuit

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

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Ethereum Network Performance Tumbles As Total Transaction Fees Drops To New Lows

Ethereum Network Performance Tumbles As Total Transaction Fees Drops To New Lows

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Despite being considered extremely expensive, the Ethereum blockchain has remained one of the top networks in the dynamic world of cryptocurrencies. However, the leading blockchain has undergone a major shift as its overall transaction fees plummeted significantly to levels not seen in

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GOAT Network Partners with Rarible to Launch New NFT Marketplace

GOAT Network Partners with Rarible to Launch New NFT Marketplace

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

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Russian Social Media Company VK to Shut Down its NFT Marketplace Over Recorded Losses

Russian Social Media Company VK to Shut Down its NFT Marketplace Over Recorded Losses

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

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Game Designer: ‘Airdrops Have Been a Double-Edged Sword for Blockchain Gaming’

Game Designer: ‘Airdrops Have Been a Double-Edged Sword for Blockchain Gaming’

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 Airdrops have become a staple in the blockchain industry, particularly within the burgeoning gaming sector. Initially hailed as a

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K-pop Giant and BTS Label HYBE Abandons Blockchain Project

K-pop Giant and BTS Label HYBE Abandons Blockchain Project

Major South Korean record label HYBE has shuttered its blockchain project Binary Korea less than three years after launch due to poor financial performance. The Seoul-based subsidiary will merge with HYBE. Meanwhile, the parent company will focus on the entertainment side of business, specifically artist management. According to AlphaBiz, HYBE stated that the goal of

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Netflix’s The Seven Deadly Sins NFT Collection Launches in Partnership With Sony

Netflix’s The Seven Deadly Sins NFT Collection Launches in Partnership With Sony

Sony is expanding its Web3 strategy by partnering with Yoake to launch officially licensed digital collectibles from one of Netflix’s top-performing anime series, The Seven Deadly Sins, which has sold over 55 million copies worldwide. This collaboration marks the first mainstream anime intellectual property to utilize Sony’s blockchain infrastructure through its platform, Soneium. The initial

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Canary Files S-1 for $PENGU and Pudgy Penguins NFT ETF

Canary Files S-1 for $PENGU and Pudgy Penguins NFT ETF

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

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