Nike has quietly offered its digital merchandise subsidiary RTFKT, the NFT unit it acquired during the 2021 crypto boom, as the sportswear large’s Converse model reported a 30% drop in quarterly gross sales final December. The sale, efficient December 16, marks Nike’s definitive exit from blockchain-based collectibles and alerts a strategic retreat to its core…
Logan Paul has agreed to promote one of many rarest Pokémon playing cards ever produced, shifting to capitalize on what he describes as a powerful second for the collectibles market. Key Takeaways: Logan Paul will public sale his record-setting Pikachu Illustrator card after accepting a $2.5 million advance from Goldin Auctions. The sale, featured on…
Popular NFT market OpenSea is ready to launch its extremely anticipated native token SEA by Q1 2026, following a latest assertion by its CEO Devin Finzer. Notably, the proposed cryptocurrency is designed as a key a part of OpenSea’s transformation to a one-stop store for any blockchain-related buying and selling exercise. Related Reading: Florida’s Crypto…
A US federal decide has tossed a high-profile investor swimsuit that accused Yuga Labs of promoting unregistered securities via Bored Ape Yacht Club (BAYC) NFTs and ApeCoin. The decision, handed down by Judge Fernando M. Olguin, discovered that the plaintiffs didn’t meet the authorized check for an funding contract. According to experiences, the swimsuit dated…
YouBallin, the Web3 platform redefining how athletes, artists, and entertainers have interaction with followers, is coming into its subsequent part of progress. Built on Solana, YouBallin offers creators true possession, direct monetization, and fan-powered alternatives—ushering in a brand new period for the expertise financial system. About YouBallin YouBallin is a motion poised to dismantle outdated…
A former OpenSea product manager has successfully overturned his conviction in what was once hailed as the first insider trading case involving non-fungible tokens. The ruling by a US federal appeals court on Thursday marks a significant setback for prosecutors hoping to apply traditional financial crime laws to the fast-evolving crypto sector. The case centered…
NFT sales surged to over $574 million in July, marking the second-highest monthly total in 2025, according to data from CryptoSlam. Key Takeaways: NFT sales jumped to $574 million in July, marking a 47.6% monthly increase. Buyers are consolidating around high-value assets, with average sale prices hitting $113. Ethereum-based collections dominated the market, fueled by…