Tag: blockchain

Yuga Labs Hunts $400K in Crypto: NFT Lawsuit Intensifies

Yuga Labs Hunts $400K in Crypto: NFT Lawsuit Intensifies

• Facts

Yuga Labs, the metaverse powerhouse behind Bored Ape Yacht Club, is intensifying its lawsuit against Jeremy Cahen. Cahen, known online as Pauly0x, has since been subjected to aggressive legal attacks by the corporation. The company is currently making aggressive moves to recoup money it’s owed from an earlier court decision....

Polygon's NFT Boom: Ride Southeast Asian Artist Wave

Polygon's NFT Boom: Ride Southeast Asian Artist Wave

• Commentary

Polygon's recent surge in NFT sales, even surpassing Ethereum, isn't just a victory for the blockchain itself – it's a beacon of opportunity for Southeast Asian artists. Anya is a senior textile artist hailing from the beautiful terraced rice paddies of Tả Van, Vietnam. She’s passionate about getting her detailed,...

Yuga Labs' $400K Crypto Grab: A Chilling Effect on Web3 Parody?

Yuga Labs' $400K Crypto Grab: A Chilling Effect on Web3 Parody?

• Commentary

Yuga Labs wants $400,000 from Pauly0x. That's the headline. But the story behind that number is tremendously sobering. That’s dangerous both for those who care about free expression and the future of Web3 itself. This is not just a critique of Bored Apes but a critique of the underlying power...

NFT Market Resurgence: Polygon Leads the Charge with Real-World Asset Integration

NFT Market Resurgence: Polygon Leads the Charge with Real-World Asset Integration

• NFT Drops

With a global return to more tangible assets, alongside newer, more accessible platforms and marketplaces, the NFT market is undergoing an explosive comeback. Even with a subsequent market crash early in 2025, the industry truly reclaims itself and continues to rebound and grow. Polygon has been having a great run...

Polygon > Ethereum: RWA NFTs Usher in a New Era?

Polygon > Ethereum: RWA NFTs Usher in a New Era?

• Facts

The Non-Fungible Token (NFT) landscape is ever-changing, and a new tide just rolled in. Polygon, a layer-2 scaling solution for Ethereum, recently overtook Ethereum in weekly NFT sales volume. This increase is largely due to the advent of Real-World Asset (RWA) tokenization. Courtyard, one of the grassroots RWAs’ marketplaces, has...

Polygon's NFT Surge: Is Ethereum's Reign Over Real-World Assets Ending?

Polygon's NFT Surge: Is Ethereum's Reign Over Real-World Assets Ending?

• Commentary

Polygon’s recent numbers on NFT sales have created quite a stir. Surpassing Ethereum in weekly volume could be dismissed as a passing fancy. It could be an indicator of the opening of market making and trading within the NFT space. Before we announce Ethereum dethroned, let’s break down what’s actually...

Crypto Regulation: What's Next? SEC Enforcement Under Scrutiny

Crypto Regulation: What's Next? SEC Enforcement Under Scrutiny

• Facts

Cryptocurrency is the wild west of finance — it’s like tiptoeing through a minefield. Beyond that obstacle, regulatory bodies – such as the SEC – are ever-shifting their focus, making the challenge even greater. Companies operating in this arena must be constantly engaged and on their feet to be compliant....

BAYC vs. Pauly0x: Yuga Labs Seeks $400K in Crypto Wallets

BAYC vs. Pauly0x: Yuga Labs Seeks $400K in Crypto Wallets

• Facts

The NFT universe, marked by the intersection of art, tech, and finance, has fueled its fair share of controversies. deliciousNFT.com has been following the beat of the decentralized drums and dishing out tasty morsels of information. For example, the recently settled court case between Yuga Labs, the makers of the...

Yuga Labs' $400K Crypto Grab: Justice or Web3 Overreach?

Yuga Labs' $400K Crypto Grab: Justice or Web3 Overreach?

• Commentary

Yuga Labs is seeking $400,000 in damages from Jeremy Cahen, better known as Pauly0x. We all know the story by now: the Bored Ape Yacht Club creators won a hefty judgment against him for trademark infringement related to his RR/BAYC parody project. Now, they're going after his crypto wallets. Could...

LCX Unveils Tokenization Framework for Precious Metals

LCX Unveils Tokenization Framework for Precious Metals

• NFT Drops

Liechtenstein-based blockchain platform LCX has introduced a comprehensive new end-to-end tokenization framework. This updated system makes it easier for users to gain exposure to precious metals through the digital asset space. This innovative system centers around three new utility tokens: LCX Gold (LCXG), LCX Silver (LCXS), and LCX Platinum (LCXP)....

ProCap's Billion-Dollar Bitcoin Bet: Genius Move or Regulatory Minefield?

ProCap’s billion-dollar Bitcoin play, made possible by taking the company public through a SPAC merger with Columbus Circle Capital, is nothing if not audacious. It's a statement. A great big middle finger, I suppose, to the established financial universe. Anthony Pompaliano, Bitcoin bull and crypto entrepreneur. He is taking a...

5 Ways MiCA Fuels Europe's Crypto Art Boom While US Stalls

Let’s face it, the crypto art world is booming. It’s a great sign that digital artists are getting their long-overdue recognition. They are establishing tangible careers, reaching audiences across the world in ways we could have never fathomed just years ago. Here's the thing: that explosion is happening much faster...

Crypto Confidence Scams: $225M Seized! Are You at Risk?

The crypto space is teeming with both innovation and opportunity. It obscures terrible risks, chief among them being confidence scams. Just last week, the U.S. government seized another $225 million in cryptocurrency. This is the largest-ever seizure of funds stolen through so-called “pig butchering” scams. In this article, we’ll look...

Trump's Crypto Promises Ring Hollow As MiCA Steals The Show

Donald Trump speeding into the crypto lane now has all the makings of a not-so-subtle, last ditch effort to grab votes. He's saying all the right things, promising a crypto-friendly environment, but forgive me if I don't exactly rush out to buy a "Trump Coin" just yet. Words are cheap....

Coinbase Goes EU-Wide: MiCA License Secured in Luxembourg!

Coinbase has received an official Markets in Crypto-Assets (MiCA) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF). This pivotal move allows the cryptocurrency exchange to extend its services across all 27 member states of the European Union, potentially reaching a market of 450 million people. This license puts...

Europe's Crypto Crown: MiCA Fuels Boom as US Regulation Stalls

The global landscape of cryptocurrency regulation is rapidly evolving, with Europe emerging as a frontrunner thanks to its comprehensive Markets in Crypto-Assets (MiCA) framework. While the U.S. grapples with regulatory uncertainty, MiCA offers crypto businesses and investors a clear, unified pathway forward, potentially sparking a boom in the European crypto...