Legal Consequences for Breach of Contract

American Rapper Tyga has Come to his Defense against the Allegations made by Kreation Technologies

Recently, the NFT platform Kreation Technologies has filed a lawsuit against the famous rapper Tyga and Newstyle Media for breaching a $500,000 agreement that shocked the American music industry. The contract allegedly required the rapper to promote four NFT projects from the Web3 brand on different social media platforms including Reddit, Facebook, Twitter space, etc. But unfortunately, he has failed …

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Meta Announced to Pullback NFT Integration

Meta Announced to Pullback NFT Integration

In a shocking turn of events, Meta, the parent company of social media giants Facebook and Instagram, has unveiled that it will no longer be offering NFTs (non-fungible tokens) on its platforms. The company also announced that it would cut down an additional 10,000 staff, leading many to be concerned about its ability to work successfully as a big tech …

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Web3 Golf Company Play Today Unveils World-First Golf Metaverse Platform

Web3 Golf Company Play Today Unveils World-First Golf Metaverse Platform

Have you ever wondered about playing golf virtually? If yes then get ready to enjoy this unique experience as Play Today, a leading web3 golf company, has unveiled the arrival of the world’s first Golf Metaverse. The platform is set to transform the way golf is played, experienced, and consumed by golf fans across the world. Play Today will also …

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Good news for Crypto Fans: Binance Deals $1 Billion Blow to Bearish Sentiment!

Good news for Crypto Fans: Binance Deals $1 Billion Blow to Bearish Sentiment!

Binance, one of the world’s leading cryptocurrency exchanges, has recently surprised the crypto community with its decision regarding its Industry Recovery Initiative. According to the company, it will now be converting the remaining funds from the initiative from BUSD stablecoin to native cryptocurrencies such as BTC, BNB, and ETH. When was the Industry Recovery Initiative Introduced? The Industry Recovery Initiative …

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Elon Musk Takes a Dig at those Who Call Crypto a Scam as the Two Leading Banks Collapsed

Elon Musk Takes a Dig at those Who Call Crypto a Scam as the Two Leading Banks Collapsed

The world of cryptocurrency is full of uncertainties. However, this week the traditional banking industry witnessed some high-profile losses with the crash of two major banks, leading critics to question the stability of the traditional financial system. One of the major criticisms was made by Tesla CEO Elon Musk, following the crash he couldn’t hesitate a little trolling those high-profile …

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Worldine is Bringing the Metaverse Shopping Mall

Worldline is Bringing the Metaverse Shopping Mall

In a groundbreaking move, Worldline, the payment firm, is launching a Metaverse shopping mall this week in Decentraland with nine stores, facilitating a new shopping experience for its users. This move is the latest step in the rapidly growing world of the Metaverse and has the potential to transform the way we shop. The mall aims to support retailers and …

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Puma is Expanding its Presence in Web3 and Fashion

Puma is Expanding its Presence in Web3 and Fashion

Sports brand Puma is making progress in the world of web3 and fashion, as the german sportswear brand aims to launch a 10,000-strong PFP NFT Initiative. The announcement has been made on the auspicious occasion of its 75th anniversary on 10th February. The upcoming release is the part of its current company goals including contribution to building its fashion and …

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A Tech Couple had Hosted a Wedding in a Metaverse

A Tech Couple had Hosted a Wedding in a Metaverse

Metaverse is gaining prominence in today’s emerging digital space. Due to its interesting features, everyone wants to use it once in their life. Recently, San Francisco has witnessed a unique wedding in the metaverse, a tech couple Mohnot and Godbole has married in a virtual Taco Bell. Before hosting this beautiful wedding mohnot even proposed to the love of his …

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Israel's tax department has Cracked Down Two NFT sellers for not Disclosing $2.2 million in revenue

Israel’s Tax Department has Cracked Down Two NFT Sellers for not Disclosing $2.2 Million in Revenue

Israel’s tax department has arrested two makers of NFTs who allegedly did not disclose nearly $2.2 million in revenue. This is the second major crackdown after the recent discovery of an NFT creator from Tel Aviv who was engaged in a similar offense. The Tax Authority believes that the creators, Avraham Cohen and Antony Polak took substantial sums of money …

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Democrats Call Meta to Forbid Teens from Entering the Metaverse

Democrats Call Meta to Forbid Teens from Entering the Metaverse

Lawmakers in the U.S Senate and House of Representatives are seeking Meta, the parent company of Facebook, to prevent teenagers from opening the Metaverse platform. The Metaverse, a virtual world that enables users to connect in a 3D space, has drawn attention from lawmakers concerned about the potential risks to young people. In a joint letter to Meta CEO Mark …

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