Itch, the open source gaming platform, on Sunday criticized non-fungible tokens (NFTs) as a get-rich-quick scam targeted at exploiting creators of digital artistic content. “NFTs are a scam”, Itch.io alleged, in a loaded tweet. “If you believe
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Last week, Nike (NYSE:NKE) filed a lawsuit for trademark infringement against sneaker resale giant StockX for selling its “Vault” NFTs without authorization. In the federal lawsuit filed Thursday last week, Nike alleges that StockX was
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Dogecoin co-founder sent the last three NFTs from his collection to OpenSea As per his recent tweet, Billy Markus, who participated in creating Dogecoin back in 2013, has informed the DOGE community that the last
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One line of code could have ruined entire collection According to minting smart contract data from the world’s largest NFT collection, Bored Ape Yacht Club, the owner of the contract-linked wallet is currently able to
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Bitcoin’s most infamous tweet is auctioned off as an NFT on OpenSea Early Bitcoin investor Greg Schoen has announced that his legendary tweet, in which he expressed his regret about taking profits too early, is
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The renowned singer, songwriter, and producer – John Legend – launched a non-fungible token (NFT) platform for musicians and entertainers. His partners in the initiative are Chris Lin – the man in charge of the
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The Coachella Valley Music and Arts Festival is stepping into non-fungible token (NFT) technology space, according to the festival’s official Twitter account. Coachella partnered with the crypto exchange FTX US, and the NFTs are minted
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Major on-chain metrics and activity for Bitcoin and Ethereum have been in decline over the past month according to recent analytics. According to research from The Block, key on-chain metrics for Bitcoin and Ethereum are still showing negative trends
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Famous NFTs: Non-fungible tokens seemed to have changed a lot of things about how we see art and uniqueness. So here’s another way digital assets are reshaping our lives. A new exhibition is on the way. It’s
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The Canadian singer Justin Bieber has purchased a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) for 500 ethereum or $1.29 million at the time of settlement. Bieber has a significant collection of NFTs and
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