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
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
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
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
A new technique known as “Ordinals” is making waves in the Bitcoin ‘BTC’ community. The idea enables non-fungible tokens (NFTs) to transact directly on the Bitcoin blockchain. The consequences triggered a divide between Bitcoin sophists and others who believe the network is wide and diverse enough to support a variety
Under the terms of the multi-year deal, the Premier League will licence official player cards to Sorare, a $4.3 billion fantasy soccer game. Players will be permitted to acquire and utilize NFTs that have been granted formal licencing by the famous football league under the terms of an exclusive multi-year
CertiK, a blockchain security company, reckons it has identified at least one individual who has been related to the “Monkey Drainer” phishing scheme. A malicious actor going by the name “Monkey Drainer” has been using “ice phishing” to steal NFTs using smart contracts. The perpetrators of this phishing scheme have
Yuga Labs, known for producing popular NFT collections like the Bored Ape Yacht Club and the Mutant Ape Yacht Club, has been receiving a lot of media attention. The latest came from one of its co-founders, Wylie Aronow, who announced his departure from the company’s day-to-day operations through Twitter. Wylie
The crypto market witnessed its first major cyber attack of the year in the form of a social media hack negatively impacting the NFT project Azuki. On January 27, the Twitter account of Azuki, a well-known non-fungible token (NFT) project, compromised. Enabling hackers to seize USD coins worth over $750,000.
In its initial five weeks of existence, Donald Trump’s NFT collection encapsulated much of the chaotic volatility of the NFT market. The collection was widely mocked, yet it eventually sold out. We are seeing a dramatic uptick in sales now. From Tuesday to Wednesday, daily sales of the official Trump
