Author: Jeremy Ryan
Jeremy Ryan
Jeremy Ryan is Founder and CEO of NFT Demon Holdings LLC. After becoming the largest NFT artist on BNB Chain pretty much overnight with no resources he became an entrenched figure in the industry. As years went on he expanded to AI and quantum computing but has kept his roots in crypto. NFT Demon Holdings LLC is the premier consulting firm in blockchain, AI, and quantum computing amongst celebrities, Fortune 500 companies, and quantum computing. Jeremy oversees a role in all operations.
Blockchain Eclipse, a Layer 2 developer, announced the upcoming release of Polygon SVM, a blockchain that is compatible with Solana and built for the Polygon network. The goal of Eclipse’s Polygon SVM blockchain is to allow Solana developers to move their apps to Polygon without having to rebuild their code for the Ethereum Virtual Machine (EVM). The Polygon SVM testnet is expected to launch in the first quarter of this year, with the mainnet expected to follow in the second quarter. Polygon SVM is a Layer 2 blockchain that uses the SeaLevel Virtual Machine (SVM), a computing environment that enables…
The Canadian Securities Administrators (CSA) published a notice on Feb. 22 describing new commitments it expects from crypto asset trading platforms (CTPs) seeking registration in Canada. The CTPs will enter into a new version of preregistration undertakings (PRUs), which are legally binding documents. Registered CTPs will be contacted by their principal regulators about compliance with the new expectations. The new commitments represent investor protections in light of the spate of CTP insolvencies that occurred in 2022, the CSA wrote. The new commitments touch on issues that include segregation of assets, leverage, determination of capital, transparency and others. The notice devoted by…
Nonfungible tokens (NFTs) belonging to the bankrupt hedge fund Three Arrows Capital (3AC) will be sold by its liquidators Teneo, according to a recent announcement. In a notice dated Feb. 22, joint liquidator Christopher Farmer announced that the liquidators intend to begin the sales of NFTs that belong to 3AC. The announcement highlighted that the sale would be done to “realize the value of the NFTs for the purposes of the liquidation.” According to the announcement, the sales will begin 28 days after the notice. The liquidators clarified within the announcement that it will not include the list of NFTs informally…
NFT Crypto fans have cumulatively spent $280,000 in transaction fees to mint more than 28,000 Coinbase NFTs on Ethereum. The NFTs were available to be minted for free for those who wanted to mark the testnet launch of Coinbase’s Layer 2 network, Base. Coinbase introduced Base today as a Layer 2 network set to run on top of the Ethereum mainnet. It’s built on Optimism’s OP Stack and will be part of its “Superchain” — a name given to the Layer 2 networks built on the OP Stack that are compatible with each other. Base will be a network for…
NFT Dapper Labs posted a series of tweets in response to the judge’s ruling on the NBA-branded “Top Shot Moments.” The web3 company first posted that in the Friel v. Dapper Labs case, the court made an order characterized as a “close call.” The ruling simply rejected a motion to dismiss the complaint made during the case’s pleading stage. Today’s order in the Friel v. Dapper Labs matter – which the Court described as a “close call” – only denied our motion to dismiss the complaint at the case’s pleading stage. The judge did not conclude the plaintiffs were right,…
NBA Top Shot Moments nonfungible tokens may be considered a security under the United States security laws, a federal judge said in a Feb. 22 court filing.The ruling came as federal judge Victor Marreo denied a motion from Dapper Labs CEO Roham Gharegozlou to dismiss a class-action lawsuit claiming its NBA Top Shot NFTs are securities. In denying the motion, the court authorized the case to proceed. Dapper Labs now has 21 days to respond to the court’s decision. For the verdict, the judge reviewed the Howey test, which determines whether the NFTs qualified as an investment contract subject to…
NFT Coinbase announced a major new project today in the form of Base, a layer-2 scaling network for Ethereum built in collaboration with Optimism. To mark the news, the crypto exchange dropped a free open edition Ethereum NFT for anyone to mint—but it’s not through Coinbase’s own struggling NFT marketplace. “Base, Introduced” is a free NFT that Coinbase made available through Zora, an NFT minting platform and startup focused on Web3 creator tools. It’s an open edition NFT, which means that anyone can claim one of the identical collectibles until the minting window ends on Sunday, with a limit of…
Music streaming platform Spotify expands its Web3 efforts by testing token-enabled playlists in several key markets. Overlord, a Web3 gaming ecosystem, announced its partnership with Spotify on Feb. 22. The token-enabled community-curated playlist from Overlord may now be accessed via Web3 wallets of those who hold the Creepz nonfungible tokens (NFTs) on Spotify. Only Android users from the United States, United Kingdom, Germany, Australia and New Zealand can unlock the playlists.Other participants in the three-month pilot are the Fluf, Moonbirds and Kingship metaverse communities. While Fluf and Moonbirds didn’t share any details on their partnership with the streaming service publicly, Kingship confirmed its…
NFT The sales volume of Creepz by Overlord, an Ethereum-based non-fungible token (NFT) collection, surged by 239% in the 24 hours to 11:00 p.m. on Thursday in Hong Kong, after its creator announced a partnership with music streaming giant Spotify. See related article: Blur lives up to name as its trading volume surpasses OpenSea Fast facts The collection’s sales increase raised its floor price by 27% to 2.25 Ether (US$3,719) at OpenSea, and 41% to 2.25 Ether at LooksRare, the two marketplaces where the collection is dominantly traded. Creepz by Overlord is an NFT collection of more than 11,000 lizard…
In order to celebrate the Year of the Rabbit, Ubisoft partnered with The Sandbox for a new NFT collection: Rabbids. Together, the team dropped 2,066 digital avatars ready to explore the Metaverse, earn, play, and get rewards. The collection already sold out in the first 45 minutes after launch, so let’s find out what it’s all about! The Rabbids NFT collection sold out in 45 minutes as The Sandbox and Ubisoft Celebrate The Chinese Year of the Rabbit. How Did The Rabbids NFT Drop Sell Out so Quickly? We officially entered the Year of the Rabbit, and The Sandbox celebrates…
