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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 […]
🔥 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 […]
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 […]
A Christmas Eve Surprise for many NFT Collectors, The OpenDAO (SOS) launched a token that was claimable by any wallet that has transacted on OpenSea. What started as essentially an early airdrop that collectors could quickly flip for a little extra ETH became parabolic and by the morning of […]
Ethereum’s transition from proof-of-work (PoW) to proof-of-staking (PoS) may be putting the cryptocurrency back into regulators’ sights. Speaking to the press after the Senate Banking Committee, SEC chair Gary Gensler reportedly stated that digital currencies could be classified as securities if they meet the Howey Test. From the coin’s point […]
A Nonfungible token is a digital asset that represents ownership rights for something physical. The blockchain technology allows us to create unique assets that cannot be duplicated. These tokens represent real world items such as collectibles, artwork, and property. What are NFT Marketplaces? An NFT marketplace is a decentralized platform […]