A negative ruling has been issued, dismissing the counterclaims of artists Ryder Ripps and Jeremy Cahen in their lawsuit against Yuga Labs, the developer of Bored Ape Yacht Club (BAYC). The verdict also mandates that the duo pay $9 million in disgorgement and additional statutory penalties. A court sided with
In a recent post on twitter, Polygon Labs CEO Marc Boiron announced the layoffs of 19% of the team. After several other firms announced layoffs amid last year’s recession, Polygon Labs has decided to fire 60 employees. Boiron stated: “We are on a mission to fundamentally change the internet so
Darewise Entertainment (“Darewise”), a subsidiary of Animoca Brands and the visionary force behind the Life Beyond gaming destination, announced today a strategic partnership with DFZ Labs, creator of the world-renowned Web3 brand Deadfellaz. Darewise and DFZ Labs have entered into partnership to support each other’s growth by sharing their expertise
The desire for significant profits and exponential growth is a persistent goal for investors in the ever-changing world of cryptocurrencies.The cryptocurrency market experienced a wild journey in 2023, with Bitcoin (BTC) falling below $20,000. But as we proceed with 2024, the cryptocurrency market offers an enticing array of prospects, and
Roadtown, British Virgin Islands, January 25th, 2024, Chainwire Followed by LIF3’s Token Migration to Ethereum Network for Enhanced Market Accessibility Today, $LIF3 (pronounced Life), a ground-breaking and complete omni-chain DeFi Layer-1 Curated Blockchain ecosystem, announces its recent listing on Bitfinex (https://trading.bitfinex.com/t/LIF3:USD), a premier digital asset trading platform, after recently migrating
In a candid and insightful interview with TheNewsCrypto, Vikas Singh and Abhishek Kumar Gupta, the co-founders of NFTFN, provided a deep dive into their journey, the unique offerings of NFTFN, and their perspectives on the evolving NFT space. With backgrounds spanning telecom, blockchain, and fintech, these entrepreneurs bring a wealth
The Ethereum NFT market experienced a remarkable uptick on January 18, with the trading volume reaching an impressive $42.8 million. This marked a significant milestone, surpassing the $40 million threshold for the first time since June of the previous year. Notably, Blur dominated the scene, accounting for a substantial 82%
The volume of NFT trades in 2023 was almost half of what it had been in 2022. The figure dropped from $26.3 billion to $11.8 billion, as reported by CoinGecko. Crypto investors have mostly ignored NFTs in the last two years after the meteoric rise in value of blue chip
In 2021, Shiba Inu, the cryptocurrency often hailed as the “Doge Killer,” gained immense popularity, capturing attention with its adorable dog-themed branding and rapid price surge. Fueled by viral memes and Elon Musk’s tweets, Shiba Inu created an illusion of quick wealth and limitless potential within the cryptocurrency realm. However,
A new UN report states that Tether (USDT) is being used by Southeast Asian fraudsters and money launderers. The UN Office on Drugs and Crime has published a report that brings attention to the worrying increase in scams, with a focus on the notorious “pig butchering” strategy that involves fake
