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The trademark infringement trial between French luxury brand Hermès and digital artist Mason Rothschild is set to go ahead on Jan. 30 in a Manhattan federal court.The luxury brand accused the nonfungible token (NFT) artist of trademark infringement for promoting and selling MetaBirkins, an NFT collection said to be inspired by the group’s Birkin bags.The trial and its related lawsuit in the United States District Court for the Southern District of New York can be traced back to Jan. 14, 2022, when Hermès filed a complaint against Mason Rothschild after the artist allegedly refused to stop selling his NFT collection.MetaBirkins depict…

DC Comics is entering a new phase in its web3 expansion with the announcement of DC COLLECTIBLE COMICS. The NFT comics will include weekly launches and can be brought, sold, and traded via the fan NFT marketplace at nft.dcuniverse.com. To kickstart the new venture, DC COLLECTIBLE COMICS has released Superman #1. This is the first DC NFT comic and costs $9.99. You can buy this piece of comic book history right now in NFT form! DC is releasing weekly NFT Comics! DC COLLECTIBLE COMICS is here! NFT comics are a form of NFT that has gained popularity over the last year. Projects…

Panama’s crypto bill saga has reached a new chapter, with the country’s Supreme Court set to decide the future of the local crypto industry.Panamanian President Laurentino Cortizo on Jan. 26 sent the crypto legislation passed last year to the high court for review, claiming the so-called “crypto bill” violates the constitution’s core principles and is unenforceable. The Supreme Court must now decide whether to declare Bill No. 697 unenforceable or to approve it with modifications.According to an official statement, the president’s office considers articles 34 and 36 of the bill unenforceable because they violate the state’s separation of powers and establish administrative…

NFT Before we go into specifics about the features of the platform, we will give an overview of what OKX NFT Marketplace is. What is OKX NFT Marketplace? OKX NFT Marketplace is a one-stop shop for all your nonfungible token needs. It currently supports NFTs on the OKC, Ethereum, BSC and Polygon networks. The assets available on the NFT Marketplace include but are not limited to: OKX NFT Marketplace is among the cryptocurrency industry’s lowest-cost NFT trading platforms. OKX charges no platform fees for secondary market sales – users only pay network fees when they buy or sell NFTs there.…

NFT Hainan province, a popular tourist destination in South China, published a notice on Sunday vowing to step up oversight on non-fungible tokens (NFT), or “digital collectibles,” which authorities said come with risks of fraud, money laundering and illegal fundraising. See related article: China NFT platforms expand into Hong Kong in face of compliance risks on mainland Fast facts The Hainan’s markets regulator and nine other state agencies said in the memo that digital collectible firms should register with relevant authorities or obtain their approval that assesses the artwork and internet and blockchain information management rules. The Hainan authorities will…

The recent launch of a nonfungible token (NFT) protocol on the Bitcoin mainnet has the crypto community divided over whether it’ll be good for the Bitcoin ecosystem. The protocol, referred to as “Ordinals,” was created by software engineer Casey Rodarmor, who officially launched the program on the Bitcoin mainnet following a Jan. 21 blog post.The protocol essentially allows for the Bitcoin version of NFTs — described as “digital artifacts” on the Bitcoin network. These “digital artifacts” can comprise of JPEG images, PDFs, o video or audio formats. Meme-inspired, NFT-like “digital artifacts” are now being inscribed on the Bitcoin network. Source: OrdinalsThe…

NFT The recent launch of a nonfungible token (NFT) protocol on the Bitcoin mainnet has the crypto community divided over whether it’ll be good for the Bitcoin ecosystem. The protocol, referred to as “Ordinals,” was created by software engineer Casey Rodarmor, who officially launched the program on the Bitcoin mainnet following a Jan. 21 blog post. The protocol essentially allows for the Bitcoin version of NFTs — described as “digital artifacts” on the Bitcoin network. These “digital artificats” can comprise of JPEG-like images, PDFs, video and audio formats. Meme-inspired, NFT-like “digital artifacts” are now being inscripted on the Bitcoin network.…

NFT Prada announces the release of its tenth Timecapsule NFT collection, coming on February 2. #Blockchain #ethereum #crypto #NFTs #btc #eth #cryptocurrencies #nftcollector #nftartist #Web3 #nftsociety #NFTartwork #NFTCommunity pic.twitter.com/Cq7jSWRIxd — Galaxy Skyverse (@Galaxy_skyverse) January 29, 2023 Italian haute couture brand Prada announced it would launch the ninth batch of its Timecapsule NFT line on February 2. The limited edition luxury sale offers colorful models, a new vision, and a new look. The NFT represents each physical item purchased. In terms of design, this item is a shirt printed by photographer Enzo Ragazzini’s 70s archive. This is the second (out of…

NFT Xiaohongshu, or “Little Red Book,” a popular social media application widely described as the Chinese equivalent of Instagram, has integrated layer-1 public blockchain Conflux Network, allowing users to showcase their non-fungible tokens (NFTs) on their profile pages, Conflux announced on Thursday. See related article: China’s ‘Instagram’ gets into virtual fashion with users strutting NFT clothes Fast facts Conflux said that Xiahongshu’s more than 200 million active monthly users can present their NFTs minted on Conflux on the platform’s digital collectible section called “R-Space.” Influencers on Xiaohongshu have recently been strutting NFT clothes. The virtual costumes could start from 20…

Cool Cats NFT project has allegedly terminated staff members without giving any reasons. Several team members voiced their shock at “suddenly” finding themselves unemployed on Twitter. One member called the move “a huge shock”. Meanwhile, there is speculation that the recent development is a “cost saving measure” under the new CEO. Let’s take a closer look at what’s happening with Cool Cats staff members. Cool Cats is yet to make a statement. What happened with the Cool Cats staff members? Yesterday, Kittycakes, the former senior digital illustrator at Cool Cats, revealed that she is no longer working with the project.…