The suit occurs just months after Nike closed down its RTFKT NFT project in December 2024. In early April 2025, one of those lawsuits came crashing into Brooklyn, New York’s courtrooms. It alleges that due to Nike’s actions, the values of the RTFKT NFTs plummeted resulting in catastrophic financial harm...
The NFT landscape. What a wild ride, right? You may recall when the metaverse was all the rage and even the biggest companies, Nike included, were going all in, offering people digital sneakers and VIP access. Now, we are seeing a major pull-back. Headlines shout about lawyers, derelict developments, and...
Nike, the world’s leading supplier of athletic apparel and footwear is currently in a legal fight. This conflict further plunges us into the much hyped, but little understood world of NFTs. A class-action lawsuit has been filed against the company by disgruntled buyers of non-fungible tokens (NFTs) associated with its...
Nike, the behemoth of the sneaker and athletic wear world, is getting an extreme wake-up call. Their foray into the NFT world, once hailed as innovative, has devolved into a $5 million lawsuit, with disgruntled RTFKT NFT holders claiming foul play. This isn't just about digital sneakers; it's a symptom...
Nike's recent decision to pull the plug on its RTFKT NFT unit has sent ripples throughout the digital asset world, and it's not just about a sportswear giant trimming the fat. Forget the niche use cases— we’re discussing the massive, dangerous unintended consequences that would fundamentally change the NFT landscape...
The partnership between Noves and Mint Blockchain, to make transferring NFTs easier and even more user-friendly, definitely has our attention. We’re more or less discussing the difference between an unstructured mess of hexadecimal strings—which blockchain data seems like right now—to something that is human- and machine-readable. Imagine converting 5,000 year...
Is this actually helping people? That's the question that keeps nagging at me when I hear about the latest Web3 initiative promising to democratize access and empower the masses. Noves and Mint Blockchain partner to create easier-to-trade NFTs that are “human-readable” and more secure Noves. On the surface, it sounds...
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,...
The NFT universe can be truly unpredictable, with rollercoaster ups and downs aplenty. Token ATH! is here to break down the latest head-scratching development: while the overall NFT market is experiencing a significant downturn, CryptoPunks are defying gravity and surging in popularity. What's behind this apparent contradiction? Should we take...
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...
NFTs (Non-Fungible Tokens) are revolutionizing the concept of digital ownership in video games. These rare digital collectibles are transforming the ways that players deal, trade, and value items in games. Blockchain innovation provides gamers the means to absolutely have their electronic belongings. They can buy, sell or trade these digital...
NFTs, or Non-Fungible Tokens, are revolutionizing the concept of digital ownership, impacting various industries, and the gaming world is no exception. These unique digital assets, underpinned by blockchain technology, are transforming how players interact with games, own in-game items, and even earn a living. NFTs have provided exciting opportunities to...
The recent lawsuits filed by FTX, targeting NFT Stars and Delysium over undelivered tokens, are more than just legal wranglings. They’re flashing neon signs pointing to the systemic instability just below the shiny surface of the crypto market. We’re talking about serious cash—all of it yours. It might fade into...
Put aside the bankruptcy court complaints and legalese for a moment. FTX suing NFT Stars and Delysium for failing to deliver tokens is more than an asset recovery effort. It's about something far more fundamental: Can we even trust crypto? What does this tell us about the so-called “decentralized future”...
On the road to decentralization, Grindery is creating a buzz in the AI and Web3 community with its novel Aventino wallet infrastructure. We created this platform to provide AI agents the fiscal independence required to allow them to function independently and effectively. By taking the complexity out of payments and...
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...
Grindery is hoping Aventino will provide an infrastructure for AI agents to unlock the financial kingdom. That’s a hell of a gamble on fairly early and rag-tag AI capabilities and the capriciousness of financial markets. The dream of autonomous AI agents seamlessly transacting in the tech-surfed over web3 landscape is...
Grindery’s Aventino is not your typical tech innovation though, it’s a technology that has the potential to disrupt the very underpinnings of our economic system. Move over crypto kitties AI agents have the potential to reshape the distribution of power and wealth, as well as the hegemony of corporations. Sounds...