NFTs

Nike Faces Lawsuit Over RTFKT Metaverse Project Closure

Nike Faces Lawsuit Over RTFKT Metaverse Project Closure

Nike is facing a lawsuit from crypto investors who allege the apparel giant executed a "rug pull" following the abrupt closure of its metaverse project, RTFKT Studios, in December. The plaintiffs are asking for more than $5 million in damages. They point to consumer protection law violations in New York,...

Grass Sees Green Shoots After Bithumb Listing, Eyes Potential Binance Expansion

Grass Sees Green Shoots After Bithumb Listing, Eyes Potential Binance Expansion

Grass (GRASS) is disrupting the crypto world! It was this recent listing on Bithumb that created the initial excitement, but now everyone is talking about the prospect of a listing on Binance. The DePIN project prototype created by Wynd Network on Solana allows users to share their spare internet bandwidth...

Analysts Forecast Significant Upside for Nike Stock

Analysts Forecast Significant Upside for Nike Stock

Nike (NKE) is $57.62, but the stock has a big upside projected by analysts. The consensus one-year average price target for Nike is $75.67, suggesting a potential increase of 31.32% from its current level. This forecast is a testament to analysts' faith in Nike’s ability to rebound and perform, even...

Noves and Mint Blockchain Partner to Demystify NFT Transactions

Noves and Mint Blockchain Partner to Demystify NFT Transactions

Noves and Mint Blockchain have been working together to make NFT transfers easier and more transparent. The partnership aims to make blockchain technology more accessible to a wider audience by integrating readable data layers and transaction simulations. This pilot project aims to substitute confusing code language with plain English messages,...

NFT Market Sees Sales Dip Amidst CryptoPunk Surge and Rising Buyer Engagement

NFT Market Sees Sales Dip Amidst CryptoPunk Surge and Rising Buyer Engagement

NFT sales have taken a significant nosedive, falling down to just $89.4 million. Underlining this general downturn, within that very same time frame, CryptoPunks themselves have experienced an incredible comeback, with skyrocketing sales increasing by 106%. This mixed bag of activity is testament to the volatile and fluid nature of...

Pudgy Penguins Price Surges Amid Solana Meme Coin Rally

Pudgy Penguins Price Surges Amid Solana Meme Coin Rally

Pudgy Penguins saw the most massive price increase of 683.34%, climbing up to $0.010. This increase was an increase of more than 167% from its bottom this month. The digital token is still comfortably above the strong support zone around the previous cap of $0.0075. The rally came as a...

OpenSea Solidifies NFT Lead Despite Market Slowdown

OpenSea Solidifies NFT Lead Despite Market Slowdown

OpenSea has returned to NFT marketplace dominance, in the face of an industry-wide decline in NFT sales volumes. And indeed, the platform has experienced unprecedented user growth and trading volume, sealing its fate as a market leader. The comeback comes on the heels of yet another highly hyped launch of...

DraftKings Pays $10 Million to Settle Reignmakers NFT Lawsuit

DraftKings Pays $10 Million to Settle Reignmakers NFT Lawsuit

Online sports book DraftKings has settled a class-action lawsuit over its Reignmakers NFTs for $10 million. In March 2023, representative plaintiff Justin Dufoe filed suit. He claimed that these NFTs warrant the status of investment contracts under U.S. securities law. On February 28, 2025, the settlement was granted preliminary approval....

CloneX's Fade to Black A Cautionary Tale of Web3 Promises

CloneX's Fade to Black A Cautionary Tale of Web3 Promises

CloneX is an unprecedented hybrid born from the creative collision of NFT studio RTFKT Studios and the iconic Japanese artist Takashi Murakami. That took the NFT world by storm, making it $81.3 million in primary sales and another $37.8 million in royalties from secondary markets. The project features a very...

Uncertainty Surrounds Trump Gala Dinner Amidst NFT Compensation Contingency

Uncertainty Surrounds Trump Gala Dinner Amidst NFT Compensation Contingency

Donald Trump’s crypto adventures started back in December 2022, with the launch of Trump Digital Trading Cards. His limited first drop of 45,000 NFTs instantly struck gold, riding the wave of Trump’s built-in brand awareness. In January 2025, Trump released “Trump Bitcoin Digital Trading Cards,” with an initial set of...