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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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Best NFT Wallets To Store Your NFTs Safely
Congratulations on getting your favorite NFTs! But how will you store them? You might be feeling scared of losing them, but worry not! You can keep your NFTs safe by using a trustworthy NFT wallet. Just like you secure your fiat money in a wallet, you must secure your NFTs […]
The $63 Million Exploit of Munchables on Blast: A Deep Dive into NFT Gaming’s Security Crisis
A Hefty Theft Unveiled In an alarming development in the NFT gaming world, Munchables, an NFT-based game operating on the Ethereum layer-2 solution Blast, has fallen victim to a colossal $63 million exploit. This incident, which transpired on March 26, 2023, has sent shockwaves throughout the blockchain community, highlighting significant […]
Binance NFT Marketplace to Offer Bitcoin Ordinals: Expanding Multichain Ecosystem
Bitcoin NFTs, also known as Bitcoin ordinals, are a new trend in the world of digital assets. Despite gaining popularity in the Web3 space, they have been met with hesitation from some members of the Bitcoin maximalist community. These individuals believe that the concept of Bitcoin ordinals deviates from the […]