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Hermès wins NFT suit against Metabirkins artist
French luxury brand Hermès has won a significant victory in a copyright infringement lawsuit against NFT artist Mason Rothschild. The case, which involved Rothschild’s MetaBirkins NFT collection, ended with Hermès being awarded $133,000 in damages. The verdict determined that Rothschild had profited from Hermès’ reputation by creating NFTs based on […]
TradFiLines NFT Project Overview
🔥 TLDR: TradFiLines are 500 NFTs that can only be traded during NYSE and Nasdaq trading hours is making a huge impact in the world of NFTs. With over 327 ETH in volume, 40% unique owners, and only 7% listed, the project is experiencing a high demand. The floor price […]
Ordinals are Bitcoin NFTs an Overview on Inscriptions
In February 2022, a proposal was sent to the Bitcoin dev mailing list to bring NFTs to the Bitcoin network. The idea is to assign each Satoshi (a unit of Bitcoin) an ordinal number, which would then be linked to extra information such as text, images, videos, and games. This […]
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Squiggle Mint Update: Exciting Developments and Generosity Unleashed
In a recent announcement, the creator of Squiggles, shared exciting updates about the upcoming minting of 81 Squiggles. This significant batch brings the project closer to its final mint, and the community eagerly anticipates the minting process taking place in two transactions at 6 pm CT tonight. 🚨Squiggle Mint Alert! […]
Pinata NFT Service Raises $18m Series A
Pinata, the leading NFT pegging service (where the art associated with the blockchain is stored) just received another investment bringing their total to $21.5m to help them scale their infrastructure. The 4 year old company raised $3.5m in a 2021 seed round, but the new investemend led by Grelock and […]
NFTCulture Morning Minute
Today’s NFTCulture daily digest covers several important developments in the NFT industry, including a misleading headline regarding Dapper Labs’ court case, an airdrop from Collab Land, and a cryptic teaser video from Coinbase. A recent Bloomberg headline claiming that NBA Top Shot Moments NFTs are securities caused panic in the […]