Tag: digitalassets

Nike Faces $5 Million Lawsuit Over NFT Offerings

Nike Faces $5 Million Lawsuit Over NFT Offerings

• NFT Drops

Nike’s upcoming lawsuit, which is centered around its non-fungible tokens (NFTs), could see plaintiffs in the case demand damages of more than $5 million. The complaint brings claims for violation of consumer protection laws in every state that loans were made to. The central dispute is around the claim that...

RTFKT NFTs Vanish! Cloudflare Glitch Exposes Centralization Risks

RTFKT NFTs Vanish! Cloudflare Glitch Exposes Centralization Risks

• Facts

From FTX to the world of NFTs, we’ve seen that centralized systems are inherently dangerous. So without a shred of warning, all of the images associated with RTFKT’s Ethereum-based NFT collections disappeared from view. This disruption severely affected major collections such as CloneX and Animus. Users were suddenly faced with...

RTFKT Transitions to Decentralized Storage Following Image Hosting Disruption

RTFKT Transitions to Decentralized Storage Following Image Hosting Disruption

• NFT Drops

RTFKT, an industry leader in the NFT space, recently announced their development team is migrating their entire storage infrastructure to Arweave, a decentralized storage network. This decision comes on the heels of a mess when a recent Cloudflare outage briefly made the images tied to RTFKT NFTs vanish. The incident...

Tokenize Indonesia: $88B RWA Opportunity Unlocked!

Tokenize Indonesia: $88B RWA Opportunity Unlocked!

• Facts

Indonesia mandates that tokenization is a part of this, and it is well on its way to becoming a leader in RWA tokenization. Among the pioneers of this thrilling new wave is Tokenize Indonesia’s accelerator program. Saison Capital, BRI Ventures and Coinvestasi are at the forefront of this push. Combined,...

CloneX Blackout: What Cloudflare's NFT Ban Reveals About Your NFTs

CloneX Blackout: What Cloudflare's NFT Ban Reveals About Your NFTs

• Facts

On April 24th, the NFT community was rocked by a sudden tidal wave, as RTFKT’s CloneX NFTs appeared to have disappeared. Users quickly found themselves unable to view the images connected to their precious digital goods. The culprit? A Cloudflare account downgrade that revealed just how bad the centralized NFT...

Is OpenSea's Comeback a Regulatory Mirage? 3 SEC Red Flags Remain

Is OpenSea's Comeback a Regulatory Mirage? 3 SEC Red Flags Remain

• Commentary

OpenSea's back, baby! They’ve reclaimed the NFT marketplace throne, beating Blur, Magic Eden, and OKX NFTs into a pulp. More than 40% of the entire NFT trading volume passes through their marketplace platform. In just the last month, a stunning 70% of wallets made at least one active transaction on...

Ubisoft's NFT Obsession Why Gamers Should Be Worried

Ubisoft's NFT Obsession Why Gamers Should Be Worried

• Commentary

Ubisoft. Might & Magic. True, two names still conjure visions of epic adventure for most of us. They are symbols of strategic brilliance and a million absorbed hours in imaginary spheres. Although, in recent months, the buzz around Web3 has perhaps sullied these monikers. All of this has left long-time,...

Greenledgers Trading Center Broadens Digital Asset Offerings with DeFi and NFT Integration

Greenledgers Trading Center Broadens Digital Asset Offerings with DeFi and NFT Integration

• NFT Drops

Greenledgers Trading Center, the world’s largest cryptocurrency trading platform headquartered in New York, NY, made waves on April 23, 2025. Now they’re launching their most powerful DeFi integration — and most advanced NFT trading — capabilities yet! This expansion will bring greater diversification to its global digital asset portfolios. The...

GreenLedgers: Web3 Revolution or Just Another Crypto Land Grab?

GreenLedgers: Web3 Revolution or Just Another Crypto Land Grab?

• Commentary

GreenLedgers’ expansion—an authentic step to democratize finance? Or is this yet another case of the crypto elite circling the wagons, this time in the name of Web3? Let’s face it – the crypto world is unfortunately littered with tall talk of decentralization, only to return something much less. It's like...

Ubisoft's NFT Gamble: Revolutionizing Gaming or Regulatory Minefield?

Ubisoft's NFT Gamble: Revolutionizing Gaming or Regulatory Minefield?

• Commentary

Ubisoft, a titan of the gaming world, is doubling down on Web3 with Might & Magic: Fates. It’s a daring gambit, though, collaborating with Immutable to introduce an NFT-powered card game to the mobile space. While the promise of true digital ownership and a skill-based competitive environment sounds appealing, a...

Japan's Bitcoin Revolution: A Boon for Artists and Web3 Creators?

Is Japan on the verge of accidentally unleashing a tsunami of creative destruction and financial liberation onto the rest of the emerging markets? I know this seems like a tall order, but hear me out. Japan’s regulatory change to officially recognize Bitcoin as a financial product. This step is a...

5 Ways This Crypto Bill Empowers Southeast Asian Artists, Not Wall Street

Let’s be honest, when you hear about crypto regulation, your first thought probably isn't Southeast Asian artists finding new avenues for creative expression. Surely visions of Wall Street honchos and inscrutable derivatives dance in your head. Well, what if I told you that the Senate’s Banking Committee just released their...

Crypto's 'Light-Touch' Regulation Gamble Will It Protect You?

The Senate Committee’s proposed “light-touch” regulatory framework for crypto is a long high-stakes poker game. Are we all truly holding a winning hand, or are we collectively bluffing our way into a future financial crisis? It’s a question every investor, every innovator, and frankly, every citizen should want to know....

Trump Jr. at KBW2025: Web3's Mainstream Moment?

Donald Trump Jr.’s scheduled keynote address at KBW2025 is raising eyebrows and inspiring intense discussion across the Web3 ecosystem. He’s just a high-profile guy shaking things up in the crypto world. His presence further exemplifies the increasing importance of blockchain technology and its potential to revolutionize the traditional economy. Does...

Trump Jr. at KBW2025: Web3's Punk Rock Moment or Sellout?

Or I think about Nandar, a wonderful Burmese artist that I met in Yangon, sharing with me her latest NFT collection. Each work exploded with vivid imagery, bravely fighting back against the junta’s repressive hold. She began selling them directly to supporters around the world, allowing her to cleverly sidestep...

KBW2025: Is Trump Jr. Web3's Trojan Horse or its Savior?

Donald Trump Jr. at Korea Blockchain Week? It's a head-scratcher, isn't it? About as easy as locating a MAGA hat at a Burning Man soirée. Before we put this down as just another short-lived publicity stunt, let’s take a closer look at what this could IoTally Web3 means. Cynical ploy...

Schiff's Crypto Ban: Is He Protecting Us or Silencing Innovation?

Senator Adam Schiff's proposed crypto ban, the COIN Act, aimed at preventing the President (read: Donald Trump) from dabbling in digital assets, raises a critical question: Is this genuine protection against corruption, or a veiled attempt to stifle innovation, especially for emerging markets? Let's be real, the optics are terrible....