Tag: legalissues

Gaming NFTs: The Regulatory Time Bomb No One's Talking About

Gaming NFTs: The Regulatory Time Bomb No One's Talking About

• Commentary

The gaming NFT market is exploding, expected to increase from $4 billion today to $10 billion by 2032. You read the headlines, the play-to-earn riches, the buzz around owning digital assets. A critical question remains largely unaddressed: what happens when the regulators arrive? Trust me, they are coming.Securities or Souvenirs?...

Nike's $5M NFT Lawsuit: Regulatory Wake-Up Call or Justified Panic?

Nike's $5M NFT Lawsuit: Regulatory Wake-Up Call or Justified Panic?

• Commentary

Nike’s hit with a $5 million class action lawsuit over its RTFKT NFT platform shutdown. With investors justifiably furious, watching their hard-won digital assets go up in smoke. Is this simply buyer’s remorse in a rocky economy? Or does it only signal to us a far deeper truth about the...

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...

Oregon's Coinbase Lawsuit A Rogue State's Last Gasp Or Needed Check?

Oregon's Coinbase Lawsuit A Rogue State's Last Gasp Or Needed Check?

• Commentary

Oregon's Attorney General is taking a swing at Coinbase with a lawsuit echoing the SEC's previously dropped case. Coinbase is calling it a “copycat case." To them, it’s a waste of taxpayer money and a dangerous return to “regulation by enforcement.” Is it really that simple? Or is there something...

Crypto Developments Unfold Globally

Ripple's donations to Donald Trump, Russia's crypto platform for investors, crypto firms pursuing U.S. banking licenses, DeGods' trading surge, and Kyrgyzstan's collaboration with Binance highlight the latest developments in the cryptocurrency space. Taken together, these events are indicative of a larger, more dynamic shift in the global landscape of digital...

DeGods' Drama Signals NFT Market's Maturation Or Just Another Exit Scam?

Frank's out. Rohun Vora, the figure who became the face of DeGods, is leaving his role. After three years, he’s passing the reins over to 0x_chill and Pastagotsauce. Fine. People move on. The timing reeks. On that fourth front, Solana sales have increased 101%. At the same time, Ethereum sales...

DeGods' Frank Exit: A Warning Sign for Web3's 'Cult of Personality'?

Frank DeGods is out. Poof. And just like that, one of the most iconic characters of the NFT space has departed. While some are celebrating fresh blood and a new direction for DeGods, I can't help but see this as a flashing neon sign screaming about a problem festering within...

DeGods' New Dawn: Can Decentralization Save NFTs From Themselves?

Frank DeGods is out. Realistic goals Two pseudonymous figures we’re calling @0x_chill and @pastagotsauce are all the way in. The NFT world holds its breath. Beyond the leadership shuffle, a more profound question looms: can decentralization really finally save NFTs from the very problems that plague them? Beyond that, will...

Frank DeGods Departs as DeGods CEO, Paving Way for New Leadership

Frank, best known in the Web3 ecosystem as Frank Vora—the name he uses on X, formerly Twitter—has officially resigned as CEO in order to focus on building…whatever comes next. He was integral to the success of the DeGods NFT project. Co-founded by Frank in 2021, DeGods has been a fascinating...

Solana's New Tokens: Are Whales Manipulating HOTMOM, DOOD, and IKUN?

In short, are we just seeing Wild West 2.0, but on Solana blockchain this time? Assets such as HOTMOM, DOOD, and IKUN soared in the third week of May 2025. Their increase has been astronomical to say the least. But behind the flashy headlines and impressive daily transaction volumes, a...

HOTMOM Token Surges in Popularity, Backed by Crypto Influencers

A new Solana token HOTMOM token which amassed explosive growth on-chain, has taken the meme coin market by storm. Having only launched three days ago HOTMOM is already up to a spectacular $54 million market cap. It counts leaders of the industry, including from private sector companies deeply involved in...