Nike, a sportswear giant, faces a lawsuit over its handling of non-fungible tokens (NFTs) after the abrupt shutdown of its digital token project, RTFKT. The lawsuit raises critical questions about consumer protection in the digital asset space and whether NFTs could be classified as securities. As blockchain regulatory analyst Marcin...
So, Nike’s getting sued over the RTFKT NFT mess, right? One such investor is accusing them of fraud, securities law violations, and extreme virtual sneaker loss of value. Honestly, is anyone really surprised? This isn’t simply the story of one bad NFT project or one disgruntled investor. Corporate overreach in...
As the pioneer of parallel Multi-Party Computation (MPC) networks, Ika has a proven track record. Earlier this week, the Sui Foundation led a strategic investment round in the company. This influx of capital brings Ika's total funding to over $21 million, with the company's private placement valuation peaking at an...
This isn't just another blockchain funding announcement. So much of this story is about real people, real art, and real opportunity blossoming all throughout Southeast Asia. Ika’s strategic investment from the Sui Foundation, alongside the strength of the Sui blockchain, are the backbone supporting this exciting growth. Forget the technical...
This Nike lawsuit… this one feels like a gut punch, huh? Not just to Nike, or even the NFT holders left with potentially worthless digital sneakers, but to the entire Web3 dream. We were sold on a new, democratized, decentralized future, a tech-driven new frontier of digital ownership. Rather, we’ll...
Ika’s $21 million raise, supported by a who’s-who of Web3 investors, is more than a typical funding announcement. It’s the really big, blinking neon sign that is actually aimed right at every regulator’s desk around the globe. Sui plans to be the cross-chain DeFi leader, and Ika is helping them...
Ika automatically provides secure Multiparty Computation (MPC) guardrails to protect your AI applications. The announcement comes shortly after the company closed a $7 million strategic investment from the Sui Foundation. This investment brings Ika's total funding to over $21 million and highlights the company's commitment to enhancing security and decentralization...
Colle AI (COLLE) is taking the NFT realm by storm. As an AI-driven multichain NFT platform, Colle AI is making waves by expanding its XRP cryptocurrency solutions to streamline cross-chain NFT creation and real-time asset management. AI unlocks a greater speed of transactions and reduction in fees. It’s a better,...
Colle AI , an AI-driven multichain NFT platform is creating the path. They’ve extended their XRP cryptocurrency solutions to supercharge cross-chain NFT creation and drive real-time asset management. This expansion aims to provide creators with more efficient and flexible tools for minting, transferring, and managing digital assets across multiple blockchains....
The Fed just blinked. Their retreat from stringent crypto guidance for banks – specifically, rescinding those 2022 and 2023 supervisory letters – might seem like dry regulatory housekeeping. But for a community often overlooked, this shift could be a lifeline: Southeast Asian artists diving into the Web3 space.Forgotten Voices, Finally...
