Hermès Wins Trademark Lawsuit Against MetaBirkins NFTs, Setting Powerful Precedent for NFT Creators

CryptoX – Cryptocurrency Analysis and News Portal David Leichtman, Leichtman Law managing partner, told CryptoX TV on Tuesday that the case wasn’t necessarily about Mason Rothschild’s use of the protected Birkin brand. Rather, it was about whether he intended to mislead consumers into believing the MetaBirkin NFTs were associated with Hermès’ flagship product. Source The post Hermès Wins Trademark Lawsuit Against MetaBirkins NFTs, Setting Powerful Precedent for NFT Creators appeared first on CryptoX. CryptoX Portal

Justin Aversano makes a quantum leap for NFT photography – Cointelegraph Magazine

Artist name: Justin AversanoLocation: Los AngelesDate minted first NFT: Feb. 15, 2021Which blockchains? Ethereum Bio: Unintentionally, the healing process of losing his twin sister at birth sparked Justin Aversano’s career to become the poster child for NFT photography. His most famous collection, “Twin Flames,” has 5,900 ETH in total sales volume on OpenSea and multiple million-dollar sales, including one auctioned at Christie’s.  A multidisciplinary artist with a great eye and passion for photography, Aversano’s journey into NFTs started with a trip to Peru to work with local shamans to try…

File Transfer Giant Wetransfer Joins NFT Industry, Partners with Blockchain Platform Minima for March Launch of Minting Product – Blockchain Bitcoin News

File transfer service giant Wetransfer announced Monday it is collaborating with blockchain platform Minima to offer a non-fungible token (NFT) minting product in March. Wetransfer’s announcement details that users leveraging the Minima cooperative will be able to mint NFTs from a mobile device or computer. Wetransfer and Minima Partnership Aims to Bring NFT Minting to Mobile and Desktop Devices On Feb. 6, 2023, file sharing company Wetransfer, founded in 2009, revealed its entry into the NFT industry. Wetransfer announced a partnership with blockchain project Minima, a distributed communications network set…

NFT Market Share Battle Ramps Up Between OpenSea and Blur

The number of sales on Blur for the week ending on Feb. 6 stood at 20,603, roughly 9% of OpenSea’s total number of sales, which sits around 228,000, according to Nansen data. And when looking at the number of wallets interacting with the two NFT marketplaces, a similar trend emerges: The number of wallets interacting with OpenSea is 11 times greater than those plugged into Blur, demonstrating how OpenSea dominates Blur. Source

Crypto Prices Are Flat Before Fed Chair Speech; Japan’s SBI Building a Metamask Competitor for Yen-Denominated NFT Trading

“First Mover” was monitoring developments in Turkey, a major center of crypto adoption, that is now coping with devastation following a massive earthquake. Also, a look at crypto markets, the latest in the FTX bankruptcy court proceedings, and the sale of real estate via NFTs. OANDA Senior Market Analyst of The Americas Edward Moya, Murphy & McGonigle Founder James Murphy, and Sanjay Raghavan, Roofstock onChain Head of Web3 Initiatives joined the conversation. Source

NFT Market Remains Resilient With 1.23% Increase in Sales, Ethereum Dominates With 81% of Total NFT Settlements – Bitcoin News

Non-fungible token (NFT) sales rose slightly last week, increasing 1.23% to $232.49 million in recorded sales. The top two NFT collections, Otherdeed and Doodles, saw growth of 44% to 58% compared to the previous week. Ethereum continues to dominate the NFT industry, accounting for more than 81% of total sales last week with $188.51 million in NFT sales. 7-Day NFT Sales Increase; Otherdeed, Doodles See 44% to 58% Growth NFT sales remain steady this week and during February 2023, with $39.72 million in recorded sales so far this month. Over…

Little Shapes was a ‘social experiment’ to expose NFT botnets: founder

Atto, the pseudonymous founder behind Little Shapes NFT has revealed that the project was actually a “social experiment” designed to shed light on large-scale NFT bot network scams on Twitter. Since late December, Little Shapes had been attracting a fair amount of attention from the media and crypto community. This is due to several semi-viral tweets detailing incidents in the founder’s life that seemed too good to be true. Examples of such included him waking up from a five-month coma, finding out he had assets locked on FTX, telling his…