In the meantime, OpenSea, the largest NFT marketplace, has made a daring move. In so doing, they formally asked the Securities and Exchange Commission (SEC) to provide explicit guidance on the regulatory status of NFT platforms. Lately, OpenSea itself weighed in, in a letter to the SEC, urging them to...
TrollerCat ($TCAT), a new meme coin, is making waves in the cryptocurrency market with its presale, which began on May 2, 2025, at 6:00 PM UTC. The ultimate project goal is producing genuine utility while providing compelling financial incentives. This strategy sets it apart from the majority of meme coins...
Ethereum has rocketed up to around $2,500 for a historic highwave, a historic roll. The cryptocurrency has exploded by 40% during the past week. In fact, today it increased by another 4%, an extraordinary display of market optimism. At a $311 billion market capitalization, Ethereum is the 40th largest asset...
According to a new quarterly market report by CoinGecko, the crypto market cratered in Q1 of 2025. This steep downturn has alarmed would be investors and enthusiasts. The report uncovers an alarming decrease in emissions footprint. It further exemplifies the dynamic nature of major cryptocurrencies shifting in dominance, the emergence...
The market dynamics surrounding Bitcoin are shifting incredibly fast. We’re seeing traders abandoning safe spot buying and plunging into risky leveraged speculation. This turn of events is juxtaposed by a huge decrease in spot volumes, which have tanked by 40% since January. At the same time, as NSE notes, the...
Grindery, the team behind the popular Telegram wallet, is developing Aventino, a permissionless smart wallet infrastructure powered by the Ethereum account abstraction protocol ERC4337. Ventino Aventino enables developers to build platform-agnostic agents that can autonomously transact, govern, and evolve. As part of onboarding universal gas, Grindery launched its own universal...
Nike is in the midst of a $5 million class action lawsuit brought by unhappy buyers of its non-fungible tokens (NFTs). Yet the lawsuit goes on to claim that Nike’s hasty actions in shutting down the RTFKT platform voided huge swathes of properties, drastically plunging the market value of digital...
Nike is facing its own lawsuit at the moment. Plaintiffs are proposing more than $5 million in damages, alleging that the company broke consumer protection laws in multiple states. The court case plays out across four states — New York, Oregon, Florida and California. We wish the plaintiffs the best...
This week, Nike was hit with a $5 million class action lawsuit after abruptly shutting down its RTFKT NFT platform. According to the lawsuit, Nike’s conduct led to millions of dollars in losses for investors in some NFTs. Jagdeep Cheema, the Australian plaintiff, claims that the platform’s shutdown led to...