Category: NFT News

After a significant announcement from the US Securities and Exchange Commission (SEC), there has been a shift in the regulatory landscape for digital assets, particularly regarding nonfungible tokens (NFTs). SEC Chair Paul Atkins provided clarity on the status of these digital collectibles, suggesting that they generally do not fall under...

In today's crypto landscape, three significant updates are making waves: the SEC's nod to Nasdaq's tokenization pilot, clarity on NFTs' legal status from SEC Chair Paul Atkins, and Ethereum's ambitious move to drastically cut bridge times. SEC backs Nasdaq's tokenization pilot: The SEC has approved a groundbreaking project allowing the...

Highlights: Flow Foundation seeks to block planned delisting of FLOW token from three major South Korean exchanges. A recent security incident led to the creation of counterfeit tokens, prompting trading suspensions on several platforms. Despite the challenges, the Flow ecosystem shows resilience, with partnerships continuing to grow in the NFT...

Nonfungible token (NFT) platform Gondi reported a significant security breach that led to the theft of NFTs valued at approximately $230,000. The company has since taken immediate action to rectify the situation by disabling the exploitative smart contract responsible for the breach and initiating the process of compensating affected users.In...

Highlights PEI Licensing has filed a lawsuit against Pudgy Penguins, claiming trademark infringement and unfair competition. The lawsuit asserts that Pudgy Penguins' branding is too similar to PEI's established "PENGUIN" trademarks. Pudgy Penguins maintains that their trademarks are distinct and that they were in discussions with PEI before the lawsuit...