Fri, February 7

Rihanna’s Famous Song BBHMM Being Released as NFT

Three of Rihanna’s hits, including “B*TCH Better Have My Money,” have been certified platinum, and this will add another building brick to the music NFT platform. BBHMM is being released as an NFT by the song’s co-producer, Deputy, who will share a portion of the streaming income with fans. Rihanna’s

February 9, 2023 2 mins read

Hermès Wins U.S Trademark Lawsuit Against Metabirkin NFTs Artist

A luxury brand company Hermès International won its legal battle against the digital artist behind “MetaBirkin” nonfungible tokens (NFT). Hermès convinced Manhattan federal jury that Mason Rothschild’s sale of the NFTs violated its rights to the “Birkin” trademark.  The artist Mason Rothschild sold his MetaBirkins for up to $45,100 each.

February 9, 2023 2 mins read

Flare and Uppercent Team Up Establishing First NFT Marketplace for E-Learning

An educational marketplace driven by NFTs has been launched by the interoperable blockchain network Flare in collaboration with the edtech firm Uppercent. High-quality online courses taught by the top 1% of achievers globally will be made accessible via the usage of non-fungible tokens, issued on Flare. Members may purchase, sell, and

February 8, 2023 2 mins read

WeTransfer Forays Into NFT Sector by Partnering With Minima

The freemium model file-sharing platform WeTransfer is taking a step towards Web3. By forming cooperation with Minima to enable the creation and transmission of NFTs from mobile devices. WeTransfer’s Chief Creative Officer Damian Bradfield said that the company decided to cooperate with Minima because their goals and those of their

February 7, 2023 1 min read

Sorare NFT Card of Giannis Antetokounmpo Sells For $187,000

On Sunday, a 1/1 NFT card of Giannis Antetokounmpo sold for $187,000 in Ethereum, setting a new record for the most ever paid for a Sorare NBA card. For such a young platform, this month’s sales were particularly impressive. The one-of-a-kind Antetokounmpo NFT sold at auction over the weekend on

February 7, 2023 1 min read

Knock-off BAYC NFTs Lawsuit Settled by Yuga Labs Outside of Court

Bored Ape Yacht Club (BAYC), a collection of non-fungible tokens, has had a dispute with one of the producers of a competing collection, RR/BAYC, resolved out of court. The case involving Thomas Lehman, the creator of websites and a smart contract that sold “misleading” BAYC NFTs from digital artist Ryder

February 7, 2023 1 min read

Class Action Lawsuit Filed Against Logan Paul Over CryptoZoo NFTs

In a new class action lawsuit, Logan Paul and the NFT project CryptoZoo are accused of rug pull. In September 2021, the NFT-based game CryptoZoo was announced. With the promise of “an autonomous ecosystem” that would allow virtual ZooKeepers to purchase, sell, and trade exotic animals on the blockchain, hatching

February 3, 2023 1 min read

Mastercard NFT Product Head Sells Resignation as NFT Post Stepping Down

Former Mastercard non-fungible token (NFT) product head Satvik Sethi resigned on Thursday. Sethi said that he was harassed and upset by the company’s management. The salary was withheld by Mastercard, he said, and his job contract was disregarded. In addition, he was no longer allowed to use online accounts. Sethi

February 3, 2023 1 min read

NFT Marketplace SudoSwap Airdrops SUDO Governance Token

With an airdrop of coins to early backers, NFT marketplace SudoSwap announced the launch of its native governance token, SUDO. This shift coincides with a recent uptick in NFT trading volume, after a pause that was part of a larger decline in crypto activity. On January 30th, SudoSwap announced the

February 1, 2023 2 mins read

NFT ETF Pioneer NFTZ Announces Shut Down of Services

Despite its widespread recognition as the pioneering NFT ETF, NFTZ has decided to close its doors. Defiance ETFs has said that as of February 28, they would “close and sell” its Defiance Digital Revolution ETF (NFTZ). Sylvia Jablonski, the co-founder of Defiance ETFs and Chief Investment Officer, predicted that NFTs

February 1, 2023 2 mins read