The CloneX incident – art disappearing as a result of a Cloudflare terms of service infringement – was not an isolated occurrence. It’s a very loud and very bright neon sign blinking directly at all the very real cracks in the foundation of our NFT infrastructure. Let's be blunt: it...
The world of Non-Fungible Tokens (NFTs) experienced a stark reminder of the internet's centralized nature recently when artwork associated with RTFKT's CloneX project temporarily disappeared. This wasn't due to a blockchain issue, but rather a takedown related to Cloudflare's Terms of Service (TOS). This case illustrates the weaknesses of depending...
The new world of NFTs, with its allure of digital ownership and revolutionary technology, is not free of traps. One of the most high-profile examples is the CloneX project. This formerly lauded NFT collection faced an extinction event due to the pitfalls of centralized hosting. This unfortunate event provides an...
The CloneX debacle is more than just busted JPEGs. It underscores some of the most egregious flaws of the NFT world. We've been so busy chasing the next big drop, the next Bored Ape, that we've ignored the rotting infrastructure beneath our feet. The truth is, the emperor has no...
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...
Now that the digital dust has settled on DraftKings’ $10 million settlement… That’s particularly the case with their Reignmakers NFT platform, which is at the center of this decision. The class-action lawsuit alleged DraftKings was offering unregistered securities. To the surprise of many, a federal judge expressly ruled that these...
Imagine this: a bright-eyed college student, let's call him Alex, scrolling through Twitter, sees the hype around DraftKings' Reignmakers NFTs. He's a sports fan, tech-savvy, and figures, "Why not? It's a fun way to maybe make some extra cash." He loads up a few hundred bucks into these dorky looking...
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....
The NFT space is rapidly changing and as the landscape shifts so too does the focus of regulators looking to identify illicit and harmful behavior. Recently, DraftKings reached a $10 million settlement regarding its NFT offerings, raising important questions about the classification of NFTs and their potential treatment as securities....
The crypto industry is famously volatile, creating and destroying billionaires in an instant. Over the last few weeks, SUI, a newer entrant into the crypto scene, has caught the imagination of both investors and analysts. Token ATH! is back with some analysis to help explain what’s behind this new surge....
It’s hard to deny that the recent 73% SUI spike has caught everyone’s attention, including my own. It's hard to ignore numbers like that. Hold on a second before you go rushing to join the tour bus. We’ve been down this movie before in the crypto world. Remember Dogecoin's Elon...
SUI is up 73% this past week. Everyone's talking about it. Before we uncork the champagne, let's ask a crucial question: who is really benefiting from this surge? So are you going to be here with me and the average crypto enthusiast on this … Or is this simply the...
Alright, let's cut to the chase. Trump wants those interest rates slashed. He's practically breathing down Powell's neck. What’s not up for debate is why states are making this shift. The impact on crypto, especially altcoins, would be nothing short of monumental. Forget Lambos, think liberation. This isn’t just about...