Highlights: Memecoins market plunges to $39.4 billion, down significantly from highs earlier this year. Bitcoin and Ether experience double-digit weekly losses, reflecting a sharp downturn in the broader crypto market. The NFT market faces a similar fate, with valuations dipping to levels not seen since April 2025. Crisis in the...
Category: NFT News
Judge Dismisses Yuga Labs Lawsuit, Declaring It Doesnt Meet the Howey Test Criteria
Highlights A US judge dismissed a lawsuit against Yuga Labs, ruling NFTs are not securities. The court found no grounds that NFTs from the Bored Ape Yacht Club meet the Howey test criteria. This ruling reinforces the stance that many digital assets do not qualify as investment contracts under SEC...
Sorare CEO Maintains Optimism for Ethereum Even After Transitioning to Solana
Highlights: - Sorare CEO Nicolas Julia confidently announces migration from Ethereum to Solana, deeming it an “upgrade.” - The transition aims to leverage Solana’s scalability while continuing to support Ethereum users via the Base network. - Sorare’s move underscores a growing trend of crypto protocols seeking better chains for growth...
Unlocking the World: Your Crypto Wallet as Your Digital Passport
Highlights: - Digital wallets are evolving into critical tools for identity verification, payment processing, and access to online services. - European Union regulations are pioneering the future of digital identity with decentralized frameworks enabling secure credential storage within wallets. - As wallet technology progresses, they serve as versatile passports, facilitating...
NFT and Memecoin Markets Bounce Back After a Month of Crypto Turmoil!
Highlights The NFT market saw a resurgence, with market capitalization rising from $3.5 billion to $3.9 billion, signaling renewed interest. Memecoins also experienced a notable uptick, climbing 11% from $47 billion to $52 billion, as broader speculative trading activity returned. Notably, many established NFT collections did not benefit equally from...






