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...
Category: NFT News
Gondi Overcomes $230K Exploit: Smart Contract Bug Fixed!
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...
Pudgy Penguins Facing Trademark Battle Over Merchandise: What You Need to Know!
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...
