Highlights Bored Ape Yacht Club creator Yuga Labs has settled its lawsuit with artists Ryder Ripps and Jeremy Cahen. The settlement includes a ban on the use of Yuga Labs' imagery and a mandate to transfer NFT assets back to Yuga Labs. This legal battle, which began in June 2022,...
Year: 2026
Covenant AI Exits Bittensor Over Decentralization Worries as TAO Plummets 18%
How Instant Settlement is Challenging Cryptos Capital Efficiency: Insights from Ethan Buchman
Crypto innovation is driving an increasing push for instant settlement, revealing significant inefficiencies in capital allocation for trading firms. This paradigm shift raises critical questions about the market's scalability as trading volumes rise. As firms are compelled to pre-fund transactions fully, the challenges of managing liquidity and netting trades become...
Aave Hands Over the Reins of Lens Protocol to Mask Network: What It Means for the Future!
Update Jan. 23, 9:00 am UTC: This article has been updated to add comments from an Aave spokesperson.The decentralized finance (DeFi) landscape has undergone a significant transition with Aave transferring oversight of its social infrastructure protocol, Lens, to Mask Network. This shift involves handing over the responsibility for developing consumer-oriented...
Breaking: DOJ Exits OpenSea NFT Insider Trading Investigation!
US prosecutors have decided not to pursue a retrial against Nathaniel Chastain, a former manager at the nonfungible token platform OpenSea, in a case that involved wire fraud and money laundering allegations. This decision follows a significant July ruling by a federal appeals court that overturned Chastain's prior convictions. According...
