Mia Patel
Startale Labs Japan has recently garnered attention for being selected by Kumamoto Prefecture for a Digital Transformation (DX) demonstration project. Kumamoto Prefecture, situated on the island of Kyushu in Japan, is a significant producer of Kuma Shochu. This traditional distilled spirit, although rich in history and quality, faces the...
PayPal is entering the NFT space. This strategic move is accompanied by a patent application that offers insight into PayPal’s vision for an NFT marketplace within its ecosystem. While PayPal already plays a significant role in digital transactions, this venture into NFTs underscores its ambition to establish a...
A Florida judge ruled in favor of digital artist Danny Casale, dismissing a breach of contract lawsuit filed against him by web3 collective DigiART. The case revolved around a pivotal issue: the absence of a start date in the contract between the two parties. DigiART had claimed exclusive rights...
The digital age has ushered in new avenues for businesses to connect with their consumers, and Walmart is keen to tap into these evolving spaces. As the boundaries blur between real and virtual, there’s a growing emphasis on meeting customers within the virtual domains they frequent. The metaverse,...
In a recent development, Telegram messaging app announced a partnership with the TON Foundation to introduce a self-custodial crypto wallet, aptly named TON Space. Slated for a November release, this step is in line with the emerging preference for self-custodial wallets among tech enthusiasts and the general public...
The U.S. Securities and Exchange Commission (SEC) has recently taken action against the creators of Stoner Cats, alleging an unregistered offering of crypto asset securities in the form of NFTs. These NFTs were intended to finance the production of the animated web series “Stoner Cats.”Star-Studded Animated SeriesStoner Cats...
Renowned fashion brand Diesel is venturing into the NFT space by collaborating with Public Pressure, a platform dedicated to Web3 culture and music. The partnership aims to release a limited edition of 300 NFTs named “Metamorph.” These digital collectibles will be minted on both the Polkadot and Polygon...
The U.S. Securities and Exchange Commission (SEC) has initiated its inaugural NFT enforcement action against Los Angeles-based company, Impact Theory. According to the regulatory agency, Impact Theory sold its NFTs as unregistered securities, a violation of federal law. The action culminated in a legal settlement that requires Impact...
The NFT market has exhibited an unexpected shift as the floor prices of some of the most prominent blue-chip NFTs have faced a marked decline over the past month. A comprehensive analysis of the data provided by Nansen.ai uncovers the extent of these changes.Blue-Chip Collections Witness Sharp ReductionsSome...
In a move that reflects the company’s renewed focus, Rarible, a prominent decentralized NFT platform, has announced that it will cease aggregating orders from other NFT marketplaces such as OpenSea and LooksRare. This decision centers around Rarible’s commitment to fully embrace the royalty system for its artists and...