Nike filed a lawsuit against online reseller StockX in New York federal court on Thursday, accusing it of creating and marketing non-fungible tokens (NFTs) based on the brand’s products without its permission. The Oregon-headquartered company is suing StockX, which buys and resells clothing, technology products, and other collectible goods; for trademark infringement and dilution, as well as unfair…
Nike Files Lawsuit Against Online Reseller StockX Over Sale of ‘Unauthorized’ Virtual NFT Shoes
Twitter Debuts Hexagon-Shaped NFT Profile Pictures
PALO ALTO—Twitter Inc. on Thursday announced the launch of a tool through which users can showcase non-fungible tokens (NFTs) as their profile pictures, tapping into a digital collectibles craze that has exploded over the past year. The feature, available on iOS to users of the company’s Twitter Blue subscription service, connects their Twitter accounts to…
Beyond Bitcoin: The Next Phase of Crypto Disruption is Here
Commentary If you define the word “geek” as someone who is totally fascinated by technology and the potential it has to advance society… …And how to profit from it. Then I guess I’m a geek. And as a geek, I’ve been fascinated by the concept of cryptocurrencies since day one. It was an evolution of…
Excited About Crypto? The Feds Are Too
January 18, 2022
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Commentary It all started with the “Genesis Block.” On Jan. 3, 2009, Satoshi Nakamoto mined the first “block” on a distributed network known as a blockchain—and suddenly bitcoin was born. Within two years, the nascent cryptocurrency had captured the imagination of the early adopter masses. And when the masses’ imaginations kick into high gear around…
The Apes That Conquered Wall Street
Commentary A new shorthand has developed in the financial world. WGMI. NGMI. Vibing. Ape in. Mint. Burn. Airdrop. Gas fees. WenMoon? Whitelist. Degen. Got it? If not, I highly recommend you do because this is the language of what I expect will be one of the hottest alternative markets for 2022. Non-fungible tokens (NFTs for…
Credit Suisse Chairman Resigns; Walmart Planning to Create Crypto, NFTs | NTD Business
The chairman of one of Europe’s largest banks is resigning, why is he leaving, and how will it impact the bank? Walmart appears to be entering the metaverse, with plans to sell virtual products and create its own digital currency. Tesla seeking to cut its reliance on China for a key component for batteries. Why the…
NTD Business Full Broadcast (Jan. 10)
One big investment bank is predicting interest rates will increase sooner than expected. How will it affect you? In a massive deal in the video game industry, Take-Two Interactive is buying “FarmVille” creator Zynga for $11 billion, making it one of the biggest industry-wide acquisitions of all time. There were record sales for NFTs in 2021….
Social Media App Parler Plans to Expand Into NFTs
Social media platform Parler said on Monday it will expand its business into non-fungible tokens (NFT), in a move that underpins the rapid growth of the digital asset in recent months. An NFT, which is a digital asset usually bought with cryptocurrencies or in dollars, encompasses everything from images, videos, to text. The ownership record…
Melania Trump Launches New Blockchain Venture, Releases First NFT
Former first lady Melania Trump has ventured into the non-fungible token (NFT) realm, releasing her first token and launching a new platform that will roll out NFTs regularly, with some of the proceeds going to help children in the foster care community. Called “Melania’s Vision,” the first NFT featured on the new platform is a…
Melania Trump Starts Blockchain Venture, Releases First NFT
Former First Lady Melania Trump has ventured into the non-fungible token (NFT) realm, releasing her first token and starting a new platform that will roll out NFTs regularly, with some of the proceeds going to help children in the foster care community. Called “Melania’s Vision,” the first NFT featured on the new platform is a…
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