Yuga Labs, creators of Bored Ape Yacht Club (BAYC) and crypto fintech Moonpay are facing a class-action lawsuit for allegedly using celebrities to misleadingly promote and sell nonfungible tokens (NFTs). Over 40 people and companies are named as defendants in the lawsuit, including Paris Hilton, Snoop Dog, Jimmy Fallon, Justin Bieber, Madonna, Serena Williams, Post Malone, and Diplo. The class-action was filed on Dec. 8 by John T. Jasnoch of Scott+Scott Attorneys at Law LLP in the Central District of California and claims the crypto companies used its Hollywood network…
Tag: NFT
Watch Out! Dogeliens Could Replace Avalanche And Floki Inu On Crypto Charts With Its Nft Store
Place/Date: – December 10th, 2022 at 2:37 pm UTC · 4 min read Source: Dogeliens Avalanche (AVAX) and Floki Inu (FLOKI) have been consistent players in the NFT sector of the cryptocurrency market for years. The Avalanche platform hosts a wide range of DeFi tools, while Floki Inu offers utility to its members through its versatility. However, the new Metaverse token Dogeliens (DOGET) will be looking to replace them on crypto charts after the platform officially launches. The developers are working on a sustainable platform that users will love participating…
Cryptoons Joins the League of Other NFT Coins like ApeCoin and SuperRare
Place/Date: – December 10th, 2022 at 2:01 pm UTC · 4 min read Source: Cryptoons In this piece, we will be talking about Cryptoons. Cryptoons is an NFT platform for comic creators and fans. As a recently launched project, we can’t help but look into its unique offerings. We compare it to two popular NFT-related projects and see what makes each project stand out. These NFT-related projects are Apecoin and SuperRare. Let’s dive deep! Apecoin (APE) Apecoin is the product of Yuga Labs. We can’t talk about NFTs without talking…
Bieber, Madonna Among Dozens of Celebs Named in Lawsuit Alleging Yuga Labs NFT ‘Scheme’
In total, the lawsuit names 37 defendants, including the founders and leadership team at Yuga Labs; MoonPay and its CEO, Ivan Soto-Wright; Reddit co-founder and investor Alexis Ohanian; NFT artist Beeple; Ape DAO board members Amy Wu, Maaria Bajwa and Dean Steinbeck; Guy Oseary; Justin Beiber; Jimmy Fallon; Gwyneth Paltrow; Madonna; Paris Hilton; Serena Williams; Post Malone; Diplo; Snoop Dogg; Kevin Hart; Steph Curry; Future; The Weeknd; DJ Khaled; Adidas and several others. Source
NFT Marketplace Magic Eden Pushes Further Into Gaming With New Hire
Chris Akhavan, the first person to serve in this role at the marketplace, was previously chief business officer at blockchain gaming company Forte. He told CoinDesk that he will work to build out Magic Eden’s efforts to tap into the gaming industry, supporting game developers building with Magic Eden’s infrastructure. Source
Will Rocketize Produce a Stellar Performance in the NFT Space Like Decentraland and Flow
Place/Date: – December 7th, 2022 at 1:03 pm UTC · 4 min read Source: Rocketize Decentraland (MANA), Flow (FLOW), and the new cryptocurrency, Rocketize (JATO), may represent your best opportunities to earn from NFTs. In 2021, non-fungible tokens (NFTs) established themselves as a mainstay in the cryptocurrency market due to their widespread use by celebrities and artists, who used them to display their creations and sold many of them for millions of dollars. As the metaverse saga intensifies, the cryptocurrency community is paying attention to NFTs, as they represent the…
Winamp adds NFT support, Atari gets physical and more
NFT music on Winamp Old school classic PC-friendly media player Winamp has rolled out support for Ethereum and Polygon-based music nonfungible tokens (NFTs) in the latest update of its desktop player. Winamp has been around since 1997 and was one of the most popular media players for PC users but has since been overtaken by Windows Media Player and Apple’s dominant iTunes. It has a reputation for supporting a wide range of media files, and in the latest update announcement on Dec. 7 the Winamp team noted that NFT support…
This Week’s NFT Sales Slid 5% Lower Than Last Week, Ethereum NFT Sales Accounted for 76.8% of the Volume – Markets and Prices Bitcoin News
On Monday, Dec. 5, 2022, market data shows that non-fungible token (NFT) sales dropped 5.23% lower than last week’s sales despite a 15.16% increase in NFT buyers. Out of the $112.70 million in NFT sales volume over the last week, Ethereum-based NFTs accounted for $86.59 million or 76.8% of the $112 million in sales volume. Seven-Day NFT Sales Dropped 5.23% Lower Than Last Week, Cryptopunk #4,181 Sells for $187K in This Week’s Top NFT Sale Roughly $112.70 million in NFT sales volume was recorded during the last seven days, according…
RBB LAB Uses NFT to Serve Alberto De Luigi and Andreas Kohl Summons – Press release Bitcoin News
press release PRESS RELEASE. San Marino, Dec 5, 2022 — RBB Lab, a technology development firm based in the Republic of San Marino, has used NFT (Non-Fungible Token) technology to issue court summonses for the case against Alberto De Luigi, Andreas Kohl, both former collaborators of the firm, and their company Sequentia AG incorporated in Liechtenstein. This will be the first time NFTs will be used to issue court documents in Italy. This technology offers several advantages over traditional means. It can be cheaper and faster, and also allows courts…
Aave’s Social Media Protocol Lens Acquires NFT Mobile Game Sonar
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