Despite a broader downturn in related markets, multinational corporations don’t appear to have slowed down on their trademark applications covering Web3, crypto, nonfungible tokens (NFTs), and the Metaverse. The month of February — now drawing to a close — saw the likes of General Motors and Lacoste, and Walmart making…
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Ad A unique prize NFT tied to Yuga Labs’ Dookey Dash game has sold for $1.6 million, according to a tweet from the original holder on Feb. 27. Twitch streamer Faze Mongrall said that he sold the item to billionaire metal recycling and crypto mining entrepreneur Adam Weitsman for 1,000…
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Bored Ape Yacht Club (BAYC) creators Yuga Labs has announced a new NFT collection on Bitcoin dubbed “TwelveFold.” The move was announced via Twitter on Feb. 28, with Yuga Labs unveiling 300 tokenized computer generated artworks as part of the TwelveFold collection that will go up for auction later this…
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Ad Yuga Labs will release a series of artistic cryptocollectibles on Bitcoin’s Ordinals protocol, according to an announcement from the company on Feb. 27. The collection is titled TwelveFold and will feature 300 pieces of generative art — that is, images that have been created through the use of algorithms.…
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A whopping 80% of American adults believe the financial system favors those with “powerful interests,” while 20% currently own cryptocurrency — a new survey has revealed. Commissioned by crypto exchange Coinbase, the February online survey of more than 2,000 American adults found that 80% of respondents said the “global financial…
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Ad From a viral @DeGodsNFT NFT party to a panel on the history and future of AI and generative art, NFT Paris had much to offer last weekend. Below are some of the most alpha, hilarious, and plain weird tweets from Paris’s preeminent NFT event. @broke0x starts with a summary…
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Last week was relatively calm regarding enforcement news but brought some peculiar local developments in regulation. United States Representative Tom Emmer introduced legislation in the U.S. House of Representatives that could prevent the Federal Reserve from issuing a central bank digital currency (CBDC). According to the Minnesota lawmaker, the bill…
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Cryptocurrency venture capital conglomerate Digital Currency Group (DCG) has reported losses of over $1 billion in 2022 due largely to the contagion relating tocollapse of crypto hedge fund, Three Arrows Capital (3AC). DCG reportedly lost $1.1 billion last year, according to its Q4 2022 investor report, and said the results…
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Ad Trading app provider Robinhood was subpoenaed by U.S. securities regulators late last year, according to a filing submitted by the company on Feb. 27. In that filing, Robinhood said it received an investigative subpoena from the U.S. Securities and Exchange Commission (SEC) concerning various matters such as cryptocurrency listings,…