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...
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 Federal Reserve (Fed) and the Federal Deposit Insurance Corporation (FDIC) recently announced the withdrawal of previously issued guidance concerning banks' involvement with crypto-assets. The American Bankers Association (ABA) applauded the announcement. It withdraws a 2022 supervisory letter that called on state member banks to inform the Fed prior to...
The Federal Reserve has recently gone out on a limb. Its reverberations are rippling across the financial landscape, deeply affecting one of the most dynamic spaces, the burgeoning cryptocurrency industry. The Fed has rescinded its supervisory guidance letter to banks it supervises discouraging their participation in activities related to crypto-assets....
Did the Fed just open Pandora's Box? It certainly feels that way. The recent withdrawal of crypto guidance for banks – the rescinding of those 2022 and 2023 supervisory letters, the backing away from joint statements with the FDIC and OCC – screams one thing: the potential for a regulatory...
Forget the elitist art museums and their bouncers in black turtlenecks. For anime creators and fans alike, the future of art is being forged in the rapidly changing landscape of Web3. YOAKE’s second NFT drop, themed after “The Seven Deadly Sins,” acts as a powerful rallying cry for this thrilling...
Big brands are running scared from NFTs? Good riddance, I say. Let them. While Nike's facing lawsuits, Starbucks is shuttering programs, and PUMA’s gone radio silent, something beautiful is happening beneath the surface, especially here in Southeast Asia. That’s because they’re too busy staring at the spreadsheets and the quarterly...
With the NFT market’s spectacular bust now leaving big brands that happily jumped feet first into the technology nursing bruised egos and deeper financial wounds. Nike has quickly become one of the biggest names in NFT space. Now it’s fighting a class-action lawsuit after announcing plans to close RTFKT, one...
The $5 million fundraise by Inco, a Web3 protocol focused on building holistic blockchain confidentiality solutions, wrapped on Wednesday. This strategic round was led by a16z crypto CSX. The funding round included Coinbase Ventures, 1kx, Orange DAO, South Park Commons, Script Capital. Inco will use the proceeds to further develop...
In this freewheeling, chaotic landscape of Web3, where all activity is on-chain, and ultimately, transparent and traceable. Inco is here to save the day with some much-needed privacy-fueled education! This project, supported by a16z, is building an interoperability and confidentiality layer for the blockchain stack. Its purpose is to provide...
