Tag: nike

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...

Nike NFT Lawsuit: $5M Claim & What it Means for Your Digital Assets

Nike NFT Lawsuit: $5M Claim & What it Means for Your Digital Assets

• Facts

Nike, the sportswear behemoth, is still battling a lawsuit related to its RTFKT subsidiary. This company, wholly-owned by the NFL, exists to create, buy, sell, and trade digital collectibles and NFTs. The case originally focused on claims that Nike abruptly terminated its collaboration with RTFKT. This sudden policy shift resulted...

Further Reading

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...

Civitas Goes Immutable: Faster, Cheaper, and Gas-Free Trading!

Civitas is making a massive leap into the future of blockchain gaming, so join us! As an official partner of Immutable’s, our competitive game officially migrated from Ethereum to the Immutable zkEVM. This change will transform the Civitas experience for players all over the world. This new transition brings with...

Civitas Adopts Immutable Passport for Gas-Free Gameplay

Welcome to Civitas, an exciting new digital universe where players create and lead their own city-states. To make that experience all the more seamless, they’ve recently added Immutable Passport. This transition allows players to shape their civilization's future using augmented reality (AR), on-chain tools, and subDAOs without incurring gas costs....

Kazakhstan's Solana Zone: Web3 Oasis or Regulatory Mirage?

Kazakhstan is taking an ambitious step in the global Web3 race with its new Solana Economic Zone (SEZ). The SEZ is a controlled experimentation space. It seeks to establish a fertile environment for real-world crypto adoption and incubate new Web3 projects. The initiative is intended to mirror the success of...

Pompliano's ProCap Launches Bitcoin-Focused Financial Firm After $750M Raise

Anthony Pompliano is now in charge at ProCap Financial. This new entity will offer exclusive bitcoin-native financial services tailored to the needs of sophisticated investors. This venture was made possible through a SPAC merger between Pompliano's ProCap BTC and Columbus Circle Capital (NASDAQ: CCCM).ProCap Financial’s first fundraising round was met...

MiCA's Masterstroke: Europe Steals Crypto's US Crown?

The state of global cryptocurrency regulation is quickly evolving. Europe is emerging as a global leader, inspired by the new Markets in Crypto-Assets (MiCA) framework. According to Marcin Kowalczyk, an international blockchain regulatory analyst, MiCA’s all-encompassing approach is luring crypto businesses and investments to Europe. This is in sharp contrast...

NFT Market Sees Shift as Solana and Bitcoin Gain Ground

The non-fungible token (NFT) market is experiencing a transformative evolution. Ethereum’s NFT dominance is under siege as Solana and Bitcoin-based NFTs are taking the spotlight. Though Ethereum-based NFTs still dominate the market, they suffered an 8.26% drop in sales. NFT sales on Solana soared by 6.39%, totaling an impressive $19.4...

NFT Sales Dip? Bitcoin & Solana NFTs Buck the Trend!

While the NFT market has been subject to historic booms and equally dramatic busts, new statistics show an unexpected turn. Overall NFT market sales are down, but Bitcoin and Solana NFTs are surging, with Ethereum-based NFT sales on the decline. DeliciousNFT.com is here to break down what's happening and what...