Author: Jeremy Ryan

Bored Ape Yacht Club (BAYC) firm Yuga Labs were ordered to face deposition by a federal judge in their ongoing trademark violation lawsuit against the digital artist, Ryder Ripps.The latest judgement in the ongoing saga of a prominent figure within crypto marks further escalation of the case. Early last year, Ripps claimed to have revealed suspected abhorrent imagery, such as racist and pro-Nazi imagery, hidden inside Bored Ape Yacht Club‘s NFTs.To protest the BAYC NFTs in May last year, the artist made and sold his own collection of 10,000 identical NFTs. Yuga claims the artist used misleading labelling and tracking…

Despite the official Game of Thrones NFT launch selling out within 7 hours on Nifty’s, the collection’s art quality has come under fire. Many users on Twitter have criticised the art, with several of the avatars having what some described as “claw-like hands”.Read on to find out how these flaws could be compared to the unpopular final season of the Game of Thrones TV show.Game of Thrones ‘Build Your Realm’ CollectionThe initial success of the collection has been attributed to its loyal fanbase, who purchased the NFTs to own a piece of the iconic show.The ‘Build Your Realm’ collection, developed…

Just four days into the New Year and the NFT market had suffered its first bit of reputational damage in 2023, an exploit allowing scammers to sell fake NFTs as part of popular verified collections on the Magic Eden marketplace. As the saying goes: the more things change, the more they stay the same. Frustrated users are starting to wonder if the problems plaguing the NFT scene will ever be solved.This latest mess appeared to stem from a UI issue caused by a new feature deployment released to Magic Eden’s Snappy Marketplace and Pro Trade tools. In effect, a bug…

Whistleblower Edward Snowden launched his second NFT collectible after partnering with political activist Daniel Ellsberg to create some digital artwork.The NFT auction was a live-streamed interactive show called PleaserHouse on the PleasrDAO platform. The Ethereum NFT offers a one-of-a-kind piece of history – a digital representation of the Pentagon Papers.The sale proceeds will be donated to two incredibly important organizations: the Freedom of the Press Foundation and the Daniel Ellsberg Initiative for Peace and Democracy. Both foundations work together to protect press freedom, promote peace and fight against the suppression of truth.The NFT was eventually auctioned for 14.69ETH.The collaboration between…

Blockchain Source: Depositphotos There’s no denying that 2022 has been an action-packed year for the blockchain market, one that witnessed a wide range of developments associated with public as well as permissioned systems. To this point, the year gone by saw enterprise blockchains being adopted on a wider scale, with many reputable companies harnessing their benefits over tried and tested, conventional solutions. Not only that, the recent slew of Decentralised Finance (DeFi) collapses ushered in notable improvements within the blockchain analytics sector as well as the tracking of everyday transactions. A quick recap of 2022 As per reports, the total…

Video games have captured our attention for over half a century. Almost every decade has featured exciting innovations in the industry, from game cartridges in the 70s and 8-bit graphics in the 80s to HD games in the 2000s and mobile games in the 2010s.This decade’s contribution is blockchain-based play-to-earn (P2E) games. They’re already popular and thousands of new players join the rush every day. And, as the concept matures, the next generation of P2E games will come out stronger and take the industry to the next level. So, what exactly should investors and gamers expect from the coming era of…

Earlier this week, Yuga Labs teased a new game, Dookey Dash, which has seen Bored Ape Yacht Club NFTs sales spike. It’s not only BAYC NFTs but those of related projects that are required to participate in the game. Dookey Dash is a skill-based web game that requires a Yuga Lab’s associated NFT to participate. Top scores are likely to earn rewards, even though these details are yet to be disclosed.A tweet shared on the Bored Ape Yacht Club’s official Twitter handle read:Apes, stretch your eyeballs and warm up your scroll muscles — lots of new info about next week.…

A group of crypto fraud victims of the BitConnect investment scheme will see some respite from the multi-billion dollar fraud scheme after a court ordered they receive a share in a $17 million restitution. The United States District Court for the Southern District of California ordered the restitution for the “massive” scheme on Jan. 12, according to a release on the same day by the Department of Justice (DOJ).Around 800 victims of the scheme from 40 countries will be able to receive a small slice of the $17 million restitution, a term that refers to returning property or the monetary…

Crypto exchange WonderFi, which is backed by crypto investor and billionaire Kevin O’Leary, has confirmed it is in preliminary discussions with fellow Canadian crypto exchange Coinsquare over a possible merger.In a statement on Jan. 12, WonderFi responded to a Bloomberg report suggesting the two exchanges were in “advanced merger talks” to “create a Canadian crypto giant.”WonderFi clarified that the discussions were “preliminary” at this stage, adding that it cannot guarantee that an agreement will be reached.Cast your vote now!“In response to the press speculation, the Company acknowledges that it has held preliminary discussions with various third parties with respect to…

Eight major media companies — including Bloomberg, the Financial Times and Reuters — have demanded public disclosure of the two individuals responsible for guaranteeing FTX former CEO Sam Bankman-Fried’s $250 million bond. In a Jan. 12 letter addressed to New York District Court Judge Lewis Kaplan, attorneys from Davis Wright Tremaine LLP — acting on behalf of the media giants — argued that “the public’s right to know Bankman-Fried’s guarantors outweighed their privacy and safety rights.””The public […] has an interest in knowing who it is that provided Mr. Bankman-Fried with financial backing.””[Particularly] given Mr. Bankman-Fried’s close relationships with leaders of the financial industry,…