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The US Government says IP infringement is all over NFT marketplaces
The US Copyright Office (USCO) and the Patent and Trademark Office have published a report on the legal framework around NFTs. They say current laws are sufficient to deal with IP issues, but "trademark infringement and misuse is prevalent on NFT marketplaces."
Terra blockchain founder Daniel Shin indicted in South Korea
South Korean authorities announced today that they indicted the co-founder of Terraform Labs, the company that develops and manages the blockchain payment platform Terra. According to Bloomberg, Daniel Shin and nine others linked to Terra now face multiple charges, including violations of capital markets law, which regulates the nation’s securities and financial markets.
Nike launches Our Force 1 collection of digital shoes with real-world perks
Nike's Our Force 1 is a collection of digital Air Force 1 shoes with potential real-world benefits.
SEC charges Terraform Labs over alleged 'multi-billion dollar' crypto fraud
The SEC has charged Terraform and its CEO for allegedly running a 'multi-billion dollar' crypto fraud scheme.
Former Coinbase employee pleads guilty to insider trading charges
Ishan Wahi faces a prison sentence of between 36 and 47 months as part of his plea deal.
Crypto scammer faces 18 months in prison over $22 million SIM attack
A young crypto scammer has been sentenced to 18 months in prison for allegedly helping to steal $22 million in cryptocurrency.
Crypto lender BlockFi files for Chapter 11 bankruptcy amid FTX fallout
BlockFi had financial ties with FTX, the collapse of which put it in a precarious situation.
New York's crypto mining restrictions are the first in the nation
New York's governor has signed a law making it the first state to restrict cryptocurrency mining.
Nike's big push into the blockchain starts with '.Swoosh'
Nike is launching a blockchain platform, '.Swoosh,' where it hopes fans will collect and create virtual goods.
‘Symbiogenesis’ is some NFT garbage from Square Enix, not a ‘Parasite Eve’ revival
Fans were convinced that 'Symbiogenesis' would mark the return of 'Parasite Eve,' but many are now disappointed.
Binance forced to briefly halt transactions following $100 million blockchain hack
The company's CEO said the issue has been contained and all funds are safe.
Mastercard wants to make crypto purchases less risky
Mastercard has launched a service that aims to take the risk out of buying crypto.
Interpol issues red notice for Terraform Labs founder Do Kwon
Following a request by South Korean prosecutors, Interpol has placed Terraform Labs founder Do Kwon on a "red notice" list.
FBI says investors should take precautions before putting money into decentralized finance platforms
Cybercriminals are increasingly exploiting security flaws in smart contracts to steal cryptocurrency, according to the Federal Bureau of Investigation.
Facebook now supports NFTs
Users can post digital collectibles they own on Instagram as well.
College textbook maker Pearson eyes NFTs to claim a cut of second-hand sales
Apparently, a $300 required textbook isn't enough of a grift.
Hacking free-for-all relieves crypto bridge users of $200 million
The cryptocurrency bridge Nomad lost $200 million as part of a wild hack that let virtually anyone swipe money.
US files its first criminal charges over insider trading of cryptocurrency
The US has charged three people with insider trading of cryptocurrency, including a former Coinbase worker.
'Minecraft' studio wants nothing to do with NFTs
Mojang says they're inconsistent with the game's values of inclusivity and playing together.
Great, there’s a buy now, pay later service for NFTs
It's like a normal escrow service, but much worse.
