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Tag Archives: NFT

Brooklyn DA Shuts Down 40 NFT Scam Sites

Brooklyn District Attorney advises artists about fake NFT platforms and scams. Scammers steal digital assets by imitating reputable NFT websites. The office of the District Attorney in Brooklyn is ramping up efforts against fraudulent non-fungible token operations after the disturbing case of an 85-year-old artist who was duped out of his life savings. Seeking to join the booming NFT market, the artist went and fell prey to a scam NFT platform. The platform shamelessly imitated OpenSea, one...

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Pudgy Penguins NFT Prices Outshine Bored Ape Yacht

Pudgy Penguins reach a new all-time high, increasing market confidence. The launch of the $PENGU token is expected to generate additional interest in the collection. Pudgy Penguins first-time break BAYC Ethereum price point is a historical milestone in the books of NFT history. Pudgy Penguins has just broken the value into 21.49 ETH, which amounts to $83,930. It has surpassed that value in BAYC, standing tall at 19.85 ETH for the same. This is because they are getting ready to release its...

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Nike-Owned NFT Project RTFKT to Shut Down Operations in Early 2025

RTFKT, the creators of non-fungible token (NFT) sneakers and avatars acquired by Nike in 2021, has announced its closure. The firm revealed in a December 2 post on X that it will wind down operations by January 2025. Final Collection and Legacy Tribute “Today, we’re announcing the plan to wind down RTFKT operations,” the post stated. “Looking back, we’re incredibly proud of everything we’ve achieved together.” RTFKT also outlined plans to release a final collection in...

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Coin Flipping: XRP überholt Solana

Die digitale Währung XRP, welche von Ripple in San Francisco programmiert wurde, hat 2 Plätze in der Rangliste gut gemacht und liegt jetzt an dritter Stelle, was den theoretischen Wert der Marktkapitalisierung angeht. Alle XRPs zusammen wären jetzt also mehr als 138 Milliarden US-Dollar wert. Damit hat XRP Solana überholt was ziemlich erstaunlich ist. Denn auf der Solana-Blockchain basieren so ziemlich alle aktuell erfolgreichen Meme Coins. Die Marktkapitalisierung einer Kryptowährung ist der...

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Shaquille O’Neal Agrees to $11M Settlement Over NFT Lawsuit

Shaquille O’Neal has agreed to pay $11 million to settle a class action lawsuit brought by holders of the Astrals NFT collection. The settlement, submitted as an unopposed proposal on Monday in a Florida district court, is now pending approval by Judge Federico Moreno. If granted, it will resolve allegations that he promoted unregistered securities. The Lawsuit The Astrals NFT project featured 10,000 digital collectibles designed by artist Damien Guimoneau. These NFTs offered...

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Tonkeeper Launches NFT-Packed Adventure Campaign with $1,000 STON Prize Pool

Users can win a portion of $1,000 STON and exclusive NFTs by completing tasks. Over the course of three seasons, the initiative aims to promote deeper interaction with Tonkeeper. Tonkeeper, the most prominent non-custodial wallet in the TON ecosystem, has started the Tonkeeper Adventure, a multi-phase community participation initiative. Effective September 5, users may receive special NFTs and a share of the $1,000 STON prize pool by performing app-based tasks. The campaign aims to assist...

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Former Mt.Gox CEO’s New Crypto Exchange Set to Launch This Month With ‘Transparency’ Focus

Mark Karpeles, the former CEO of Mt. Gox, is set to launch a new cryptocurrency exchange, EllipX, later this month. Announced during an interview at the Korea Blockchain Week in Seoul, the platform will debut in Europe, with its base in Poland. Karpeles will act as EllipX’s chief technology officer. He emphasized that the exchange will prioritize transparency and user-friendliness. EllipX can differentiate itself within the market by offering operation clarity. As mentioned earlier, Karpeles...

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