Fun

News Feed - 2023-11-02 04:11:00

Savannah Fortis5 hours agoPhysical CryptoPunks, Mercedes NFTs, and Yuga Labs wins ‘copycat’ lawsuit: Nifty NewsletterYugaLabs won a $1.57 million court battle against NFT artists Ryder Ripps and Jeremy Cahen because of disgorgement and damages.884 Total views4 Total sharesListen to article 0:00NewsJoin us on social networksWelcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights.


 In this week’s newsletter, read about how holders of CryptoPunks nonfungible tokens (NFTs) were offered physical versions of their NFTs for 48 hours. Find out why some artists were ordered to pay Yuga Labs $1.6 million in a copyright lawsuit and why major German companies like Mercedes and Lufthansa are using NFTs. In other news, the CEO of Mintable says the United Kingdom risks regulating NFTs the wrong way.CryptoPunks holders offered physical versions of their NFTs for 48 hours


Holders of CryptoPunks NFTs were offered the chance to obtain physical prints of their digital artworks via a partnership between the online art store Avant Arte and Yuga Labs, the owner of the CryptoPunks brand.


The sale lasted only 48 hours, with two physical versions of the CryptoPunks being offered. The first is called “Punk-On-Chain,” exclusively for the owners of the punks, and the second is called “10,000 On-Chain,” which is a print collection of all 10,000 CryptoPunks open to anyone.


Continue readingHow major German firms like Mercedes and Lufthansa are using NFTs


Despite the ongoing slump in the NFT market, several German companies have included NFTs in their business strategy. The German postal service will release its first limited-edition collectible stamp on Nov. 2, 2023, combining NFTs and artificial intelligence.


German automotive company Mercedez-Benz launched its third NFT collection, The Era of Luxury, in September. Its digital collectibles were made to be digital reinterpretations of standout designs over its seven design eras.


Continue readingRyder Ripps ordered to pay Yuga Labs $1.6 million in copyright lawsuit


NFT artists Ryder Ripps and Jeremy Cahen were ordered by a United States district court judge to pay Bored Ape Yacht Club creator Yuga Labs $1.57 million on account of disgorgement and damages, along with legal fees as an end to an ongoing “copycat” NFT lawsuit.


Yuga Labs claimed that Ripps and Cahen had violated copyright laws in creating copycats of its iconic Bored Ape Yacht Club NFT collectibles.


Continue readingU.K. risks regulating NFTs the wrong way, says Mintable CEO


The CEO of NFT platform Mintable, Zack Burks, told Cointelegraph in an interview that he believes the U.K.’s government is in danger of regulating NFTs in such a way that misrepresents the technology.


He claims a recent U.K. parliamentary report exaggerates NFTs’ role in copyright infringement and doesn’t recognize their worth more than just being volatile digital pictures.


Continue reading


Thanks for reading this digest of the week’s most notable developments in the NFT space. Come again next Wednesday for more reports and insights into this actively evolving space.


CHECK OUT COINTELEGRAPH’SNFT STEEZPODCAST# Germany# Digital Asset# Art# Lufthansa# NFTAdd reactionAdd reactionRead moreMeet the guerilla artist who staged a crypto ‘rug pull’ in front of the SECNFTs aren’t dead — they’re just restingFirst Look: Art gallery in Dubai to educate artists on NFTs, Web3

News Feed

Co-Founder of Zimbabwean Fintech Startup: ‘Everyone Has a Right to Access Funds and Financial Freedom’
Co-Founder of Zimbabwean Fintech Startup: "Everyone Has a Right to Access Funds and Financial Freedom" Cryptocurrencies have been proven to be a financial tool that can be used to
Blockchain gaming ‘disappointing’ despite high funding — Pixelverse co-founder
Ezra Reguerra54 minutes agoBlockchain gaming ‘disappointing’ despite high funding — Pixelverse co-founderPixelverse co-founder Kori Leon said their organization is taking a different approach by building a strong u
Bitcoin, Ethereum Technical Analysis: ETH Remains Above $2,000, While BTC Recaptures $30K Level
Bitcoin, Ethereum Technical Analysis: ETH Remains Above $2,000, While BTC Recaptures $30K Level BTC moved away from Monday’s lows to surge above $30,000 on Tuesday, as crypt
China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims
China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin&#
Alice Ivey10 hours ago5 real-world Python applications From web development frameworks to machine learning libraries, Python’s versatility is driving innovation across the board.2063 Total views28 Total sharesListen t
Square Enix auction dates, Azuki DAO rebrands to Bean: Nifty Newsletter
Ezra Reguerra4 hours agoSquare Enix auction dates, Azuki DAO rebrands to Bean: Nifty NewsletterGame developer Square Enix announced the auction dates for NFTs of its upcoming blockchain game Symbiogenesis.827 Total views
Savannah Fortis19 hours agoSnapchat warned by UK data watchdog over AI chatbot risksSnapchat received a warning from the U.K. data watchdog regarding its AI chatbot “My AI” for potentially failing to identify and add
David Attlee30 minutes agoSolana becomes ecosystem partner of Dubai free zoneThe Solana Foundation has become an ecosystem partner for the Dubai Multi Commodities Centre, one of the free economic zones within the UAE.447
XRP Price Risks Plummeting Below $2 As Sellers Take Control
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
‘Bitcoin Will Never Ditch You’ Ad Dominates Front Page of Major Hong Kong Newspaper
"Bitcoin Will Never Ditch You" Ad Dominates Front Page of Major Hong Kong NewspaperThe number of bitcoin ads appearing in major newspapers is growing. The front page of Apple Daily,
Ethereum Whales Ramp Up Accumulation By 1.50 Million ETH — Incoming Price Boom?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
World’s Largest Collector Car Auction House RM Sotheby’s to Accept Cryptocurrencies
World"s Largest Collector Car Auction House RM Sotheby’s to Accept Cryptocurrencies On Wednesday, the world’s largest collector car auction house by total sales, RM Sotheb