SEC Commissioner Hester Peirce has clarified that most non-fungible tokens (NFTs), including those offering creator royalties, likely fall outside the scope of U.S. securities laws. Speaking at the “SEC Speaks” event in Washington, Peirce, who leads the SEC’s Crypto Task Force, emphasized that NFTs often lack the characteristics that define
In the rapidly evolving world of blockchain technology, VOXEL is leading the charge in revolutionizing the creation, trading, and earning opportunities of 3D NFTs. Designed for creators, artists, and collectors alike, VOXEL offers a dynamic platform that integrates cutting-edge blockchain solutions to give users full control over their 3D digital
“Loaded Lions,” Crypto.com’s flagship NFT project, will try to shatter the GUINNESS WORLD RECORDS™ title for the largest aerial display of a currency symbol created by multi-rotor/drones on May 1, 2025. Gemini established the current record on March 13, 2025, when they used 894 drones to display the Bitcoin (BTC) symbol. By
A group of NFT holders has filed a class-action lawsuit against Nike, accusing the company of conducting a “rug pull” with its RTFKT. The lawsuit, filed in the U.S. District Court for the Eastern District of New York, seeks $5 million in damages. Led by RTFKT holder Jagdeep Cheema, the
The U.S.-based law firm Burwick Law has publicly challenged the Solana NFT platform Metaplex over its upcoming plan to transfer unclaimed SOL tokens, worth approximately $7.3 million, into its DAO treasury. The issue revolves around the resize rent, originally paid by users as part of a blockchain optimization introduced last
Over the weekend, the crypto market showed a brief bullish return, much to the joy of investors. Bitcoin reclaimed $86K after the past week’s crash. Although it has currently returned to the $84K level, it has instilled hopes for a market recovery. Meanwhile, Trump’s memecoin, Official Trump, is set to
Donald Trump’s re-election in the US has brought a significant shift to the crypto industry in the country. The long-awaited crypto regulation is on the table in the country. Lawmakers have already introduced several bills on crypto strategic reserve creation and stablecoin regulation. But there is no intimation regarding NFTs
In terms of digital assets, few have had quite the journey as non-fungible tokens (NFTs). The asset class first came on the scene in the early 2020s and quickly became one of the most popular online. Projects like the Bored Ape Yacht Club commanded millions of dollars per unit, and
Planetarium Labs, one of the pioneers in community-driven Web3 gaming, has announced that its flagship title, Immortal Rising 2, has secured $3 million in funding. This announcement came just days after a highly successful NFT sale and ahead of the Token Generation Event (TGE) this week. The surge of support
The U.S. Securities and Exchange Commission (SEC) has formally concluded its probe of Yuga Labs. It is the firm behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) series and ApeCoin (APE). The SEC will not initiate any enforcement proceedings, closing the investigation that opened in October 2022. Yuga
