Category: NFT News

Highlights PEI Licensing sues Pudgy Penguins over alleged trademark infringement and dilution. The lawsuit claims Pudgy Penguins’ branding creates confusion with PEI's established trademarks. Pudgy Penguins maintains that their brand is distinct and engaged in talks with PEI before the lawsuit. Introduction to the Dispute Recently, PEI Licensing, the parent...

Highlights Flow Foundation seeks to block delisting of FLOW token following security incident. Despite challenges, the foundation asserts that FLOW remains available on major global exchanges. FLOW token value has plummeted significantly since December, reflecting broader NFT market trends. The Rising Tides of Blockchain Challenges The blockchain industry is no...

Highlights Gondi disables compromised contract that led to $230,000 worth of NFTs being stolen. Crypto enthusiasts join forces to recover and return certain stolen NFTs to their rightful owners. Gondi is focused on compensating victims and regaining their trust through transparency and aid. Understanding the NFT Security Breach The recent...

Highlights: OpenSea has delayed the launch of its SEA token due to challenging market conditions. The SEA token was intended to provide discounted trading fees and various incentives for users. The NFT marketplace is facing a significant downturn, leading to increased scrutiny and user frustrations. Introduction to OpenSea's SEA Token...

Highlights The SEC has identified four categories of digital assets that typically do not qualify as securities, including NFTs. Chair Paul Atkins emphasizes the importance of context and specific factors in determining the status of digital collectibles. The SEC aims for a more predictable regulatory framework, moving away from enforcement-led...