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PENGU rallies with strong NFT sales – new ATH soon?
Key Notes PENGU reached a local high of $0.0141 earlier today. Pudgy Penguins NFT collection saw a 300% rise in sales volume. Analyst expects a pullback to key support levels before another breakout. ...
Nike Accused of Rug Pull Over Failed RTFKT NFT Project
The lawsuit was filed on April 25 by a group led by Jagdeep Cheema, and argues that Nike used its global brand to promote unregistered securities in the form of sneaker-themed NFTs. After the platform...
Nike Accused of ‘Rug Pull’ in $5 Million Lawsuit Over RTFKT NFT Shutdown
Nike, a popular American sportswear brand, is facing a class-action lawsuit for allegedly operating a “rug pull” by shutting down its RTFKT NFT platform. A group of investors filed the Nike lawsuit in...
Nike Faces Lawsuit After Shutting Down Its NFT Division
Nike faces a class action lawsuit over allegations of misleading buyers after shutting down its RTFKT digital asset unit in December 2024. Plaintiffs claim Nike’s abrupt RTFKT closure caused NFT value...
Top 10 By NFT Activity Of The Week, DMarket Taking The Lead
DMarket on the Mythos blockchain was the top-selling non-fungible token (NFT) collection of the week, with sales of $10,082,528 in 278,553 transactions. DMarket’s accounts of buyers and sellers decrea...
Nike Sued for Over $5 Million After NFT Collapse
Nike faces a $5M+ lawsuit after shutting down its RTFKT NFT unit. Nike pledges to preserve RTFKT’s innovation despite facing legal challenges. Nike is facing a class action lawsuit after shutting down...
Nike Faces Legal Action for Abrupt NFT Shutdown
Nike is under fire after a group of investors filed a class action lawsuit, accusing the sportswear giant of causing massive financial losses by shutting down RTFKT, its Web3-focused subsidiary acquir...
Nike Sued After Shuttering NFT Unit—Buyers Allege Major Crypto Losses
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A collective of upset NFT purchasers has brought a lawsuit against Nike after the company shut down ...
Nike Faces NFT Lawsuit from Disappointed Buyers – Coincu
Key Points: Nike sued over RTFKT NFT shutdown, disappointing buyers. Sued for violations, claim exceeds $5 million. Questions arise about NFTs as securities in courts. Nike Faces NFT Lawsuit from Disa...
Nike Faces $5 Million Lawsuit from NFT Holders Over Sudden Closure of RTFKT Division
Nike is currently entangled in a collective legal battle stemming from its recent decision to terminate operations within the NFT market. As reported on April 27, 2024, by COINOTAG News, the lawsuit w...
Nike Slammed with Lawsuit as NFT Buyers Lose Big After RTFKT Shutdown
Nike is facing a new lawsuit from NFT buyers who claim they lost money after the company abruptly shut down its digital asset division. A group of buyers, led by Australian resident Jagdee Cheema, fil...
NFT sales drop to $89.4m, CryptoPunks sales jump 106%
Despite the broader crypto market’s upward movement, the NFT market is struggling, with sales volume dropping by 6.15% to $89.4 million. At press time, Bitcoin (BTC) is above the $94,000 level. Ethere...
CloneX NFT Artwork Missing; RTFKT Moves Art to Arweave
A message “This content has been restricted.” is popping up on OpenSea and Blur Technical lead at RTFKT, Samuel Cardillo, reported that CloneX is being moved to ArWeave for decentralized storage NFTs ...
NFT Transactions to Become Human-Readable After Noves-Mint Partnership
NFT News:- NFT market has seen significant downturn in Q1 2025. The total sales volume has dropped by 63% to approximately $1.5 billion. As the NFT sales volumes keep sliding, a new partnership in the...
Nike sued over abrupt shutdown of RTFKT NFT unit
Nike is facing a lawsuit from a group of buyers of NFTs who said they lost hundreds of thousands of dollars when the sportswear giant closed its digital collectibles arm, RTFKT. The lawsuit was filed ...
Noves To Provide Human-Readable NFT Transfers In Partnership With Mint Blockchain
Noves, a popular blockchain data layer, has announced a new collaboration with Mint Blockchain, an Ethereum L2 network. The partnership aims to unveil robust human-readable NFT transfers to enhance fi...
OpenSea regains NFT market lead as rivals fall behind in user activity
Non-fungible token (NFT) marketplace OpenSea regained its position as the leading platform for digital collectible trading, even as overall market activity declined. Data tracker NFTScan shows that Op...
PENGU price spikes as Pudgy Penguins NFT sales jump
The Pudgy Penguins token has bounced back this week, soaring to its highest level since February as its NFT sales have jumped. Pudgy Penguins (PENGU) price soared to a high of $0.010, up over 167% fro...
OpenSea Dominates NFT Market Again: Secures 40%+ Share Amidst Slump
Hey everyone! Let’s talk about the wild and ever-evolving world of digital collectibles. If you’ve been following the space, you know the NFT market has seen its ups and downs. But amidst the volatili...
OpenSea Reclaims NFT Crown Despite Market Slowdown
OpenSea also attracted almost 70% of active NFT wallets, according to NFTScan. This resurgence happened after the launch of OpenSea’s revamped OS2 platform, hints at a native SEA token, and the ...
SUI surges 26% as Pokémon-related blockchain sparks NFT frenzy
Policy mentions Parasol, owned by Sui’s Mysten Labs. SUI token up over 26%, breaks $3.58 resistance. Market cap now $11.66 billion, driven by whale buying. The Pokémon franchise may be edging closer t...
Why RTFKT and Nike’s Ethereum NFT Artwork Disappeared
In brief The artwork from Nike-owned RTFKT NFT collections wasn’t showing earlier Thursday. The issue allegedly arose as a result of an error by cloud service provider Cloudflare, as the artwork...
Elliot Wainman’s Story From YouTube Talks to NFT Builder
Elliot Wainman built a strong crypto community through YouTube, focusing on altcoins, DeFi, and accessible NFT education. SuperFarm and SuperVerse reflect Elliot Wainman’s vision of functional NFTs wi...
Cloudflare removes RTFKT CloneX NFT art due to Terms of Service violation
This is a segment from The Drop newsletter. To read full editions, subscribe. RTFKT, Nike’s abandoned digital brand pronounced “artifact,” lost its CloneX art overnight. The art for all 19,500 Ethereu...
Nike’s RTFKT NFT collection is losing its images
NFTs from the startup RTFKT, which was bought and later shuttered by Nike, are no longer displaying the images attached to them after a Cloudflare restriction. Right-clicking and hitting save won’t h...
Trump’s Meme Coin Gala Dinner and NFT Promotion Rumors
A recent announcement for the Private Dinner event for the top 220 holders of the TRUMP meme coin stated that if former President Trump does not attend, attendees may receive a limited NFT. This has s...
Reservoir, infra provider for Coinbase and MetaMask, shuts down NFT services
Blockchain infrastructure provider Reservoir is sunsetting its NFT services just two months after raising $14 million to expand its tools to new marketplaces. Reservoir, a crypto infrastructure startu...
NFT Volume Rankings See Surprising Climbers
The NFT market experiences swift development while newer NFT projects introduce competitive challenges to established collection rankings. Phoenix Group published a weekly sales volume report, which d...
Yuga Labs Demands $400K in Influencer’s Crypto Wallets Over NFT Lawsuit
In brief Yuga Labs seeks turnover of nearly $400K in Bitcoin, Ethereum, and PEPE from crypto influencer Jeremy Cahen. The court previously ruled that Cahen and artist Ryder Ripps infringed on Yuga Lab...
YouTube Stars Nelk Boys Push Back Against NFT Lawsuit
In brief Defense attorneys for YouTubers Kyle Forgeard and John Shahidi have moved to dismiss a fraud lawsuit related to their Metacard NFT project, citing a lack of specific false claims. The lawsuit...
Urgent Warning: Metaplex Faces Legal Threat Over Unclaimed SOL – NFT Holders at Risk?
Urgent Warning: Metaplex Faces Legal Threat Over Unclaimed SOL – NFT Holders at Risk? – BitcoinWorld Skip to content Home News Crypto News Urgent Warning: Metaplex Faces Legal Threat Over Unclai...