Dapper Labs, a blockchain technology and digital collectibles company, has reached a favorable settlement in the legal case Friel vs. Dapper Labs, establishing that NBA Top Shot Moments are not securities. The company emphasizes that this significant ruling clarifies the legal status of digital collectibles and ensures the continued decentralization of the Flow blockchain. Dapper…
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Dapper Labs, known for its non-fungible token (NFT) collection NBA Top Shot, has unveiled Disney Pinnacle, its latest endeavor. This new platform is set to transform the traditional pin-collecting hobby into a digital experience, featuring characters from Disney’s long-standing history, Pixar, and the Star Wars universe. Dapper Labs announced the opening of the waitlist for…
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The consortium of major Web3 companies OMA3 (the Open Metaverse Alliance for Web3), has formed a working group to find the best way to standardize creator royalties on non-fungible token (NFT) marketplaces – and to ensure they stay there. According to a tweet, … Read More: Bored Apes Creator Yuga Labs and Magic Eden Collaborate to…
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Dapper Labs, the non-fungible token (NFT) collectibles company behind NBA Top Shot, recently bid farewell to an additional 51 employees, following a previous staff reduction of 20% in February earlier this year. In an announcement by Roham Gharegozlou on July 13, the company’s CEO revealed that the organization is undergoing its third round of staff…
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NFT collectibles company Dapper Labs has said goodbye to another 51 employees only months after a 20% staff reduction in February. Nonfungible token collection and technology firm Dapper Labs has announced its third round of staff layoffs in less than a year. On July 13, Dapper Labs CEO Roham Gharegozlou announced that the firm has…
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The crypto platform Cryptoys, backed by Andreessen Horowitz, has announced the launch of Star Wars collectible digital toys featuring iconic characters Darth Vader, Luke Skywalker, and Princess Leia. Cryptoys stated on Thursday that 15 digital action figures will be available to collect in total, and the initial Star Wars non-fungible token (NFT) drop will begin…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: US Fed Denies Custodia Bank’s Membership Request, Dapper Labs Lays Off 20% of Staff, Block Reports $1.66BN Profit for Q4, Binance Finds 500 ‘Incorrectly Classed’ Aussie Users Read…
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A federal judge, Victor Marrero, ruled on Wednesday that the NBA Top Shot non-fungible tokens (NFTs) issued by Dapper Labs may meet the requirements to be considered an unregistered security. The case arose in 2021 when an NBA Top Shot collector sued Dapper Labs, claiming that the NBA Top Shot NFTs, known as “Moments” issued…
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The NBA has extended its current partnership with Meta to broadcast its games to the metaverse. The company announced that 52 games of the league will be available to be enjoyed using VR (virtual reality) tech, using Xtadium, a co-viewing platform. Five of these games will be presented in a more immersive way for Horizon…
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With non-fungible token (NFT) sales a lot lower than they were at the start of the year, NFT companies and marketplaces are feeling the pain associated with the second-largest crypto winter to date. According to a report published on Monday and “multiple people familiar with the situation,” the NFT company Candy Digital is laying off…
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