A server misconfiguration led to over 19,000 NFT images from the Clone X NFT collection to go missing temporarily last week. The Clone X collection includes 20,000 extraterrestrial avatar clones, a partnership between RTFKT and Japanese artist Takashi Murakami. The mishap was due to an unexpected early transition to a...
Dave McCormick, a member of the Senate Banking Committee’s subcommittee on digital assets, has invested up to $1 million in Bitcoin this year, raising questions about potential conflicts of interest as his committee considers cryptocurrency regulation. The subcommittee, now chaired by Cynthia Lummis (R-WY), has been given the responsibility of...
Nike, the sportswear behemoth, has now landed in hot water after being sued for launching its own NFTs through RTFKT. On April 25, Australian resident Jagdeep Cheema filed that class-action lawsuit in Brooklyn federal court. This lawsuit claims that through an ill-conceived RTFKT NFT campaign Nike deceived investors by promoting...
That perfectly chaotic and free digital Wild West that is Web3 is having something of a reckoning. Nike’s now deep in a class-action lawsuit over its RTFKT NFT collections, and frankly, it’s about damn time. Never mind the so-called “rug pull.” The true tale behind this case is what it...
London's buzzing. Our new Web3 accelerator program is about to ignite a second wave of blockchain innovation. It is backed by heavyweights including Fabric Ventures, Animoca Brands, Coinbase and FoundersFactory. Seed funding, mentorship, regulatory guidance – it all sounds a lot like the golden ticket for early-stage startups. But before...
London's latest Web3 launchpad. Sounds fantastic, right? More funding, more mentorship, more... gatekeeping? While the headlines tout the UK's ambition to be a global blockchain hub, backed by names like Animoca Brands and Coinbase, I can't help but wonder: who really gets a seat at this table?The siren song of...
GO WEB3 London is hoping to establish itself as a global center for Web3 innovation with the introduction of a new accelerator program. Together, this initiative aims to equip the next generation of blockchain startups. It will speed up innovation in strategic industries like decentralized finance (DeFi), blockchain gaming, and...
427 registered crypto exchanges in Australia. Let that number sink in. It’s almost twice the amount of suburbs in their competitors Melbourne! Does that sound right to you? Does it feel right? So it sure doesn’t compute for me. Even as someone who has lived, eaten and breathed in the...
Despite the sunny surf beaches and casual lifestyle often associated with Australia, it’s a real hub of activity for crypto exchanges. According to new data, there are an unbelievable 427 registered crypto exchanges in the country Down Under. As the Australian Transaction Reports and Analysis Centre (AUSTRAC) is warning. Their...
AUSTRAC’s strong approach is much needed, to protect and improve the DCE landscape in Australia. They’re encouraging non-operational exchanges to deregister voluntarily, or else be deregistered through cancellations. 427 registered exchanges? Yikes, now that does sound like a fertile environment for nefarious deed. And nobody wants their hard earned money...
