DeFi Firm PoolTogether Dodges Legal Bullet as U.S. Federal Judge Drops Charges
In a decisive victory for DeFi company PoolTogether, a U.S. Federal Judge dismissed all charges lodged against it. The lawsuit, initiated in 2021, accused PoolTogether of facilitating regulatory evasion and deceiving consumers. Joe Kent, a previous Congressional staff member, had filed the case as a litmus test while lawmakers mulled over potential legal approaches to DeFi entities. CASE DISMISSED!!!! 🦜🦜🦜🦜🦜🦜🦜 …
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Patamali Aims to Reshape Real Estate Financing in Kenya through DeFi
With ambitions to revolutionise the traditionally illiquid real estate market, Kenya’s Patamali is harnessing the power of Decentralized Finance (DeFi). Founded in November 2021 by visionaries Laura Omanga and Allan Musomba Mulei, the company has made significant strides by building its platform on the Celo blockchain. “🚨Big News Alert!🚨 Kenyas Patamali is taking over the real estate financing world with …
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Ubisoft Launches Rabbids NFTs into Reddit
Ubisoft, a renowned name in the gaming world has launched Rabbids theme NFTs into Reddit to offer personalization of profils to users. These alien looking rabbit creatures were first launched in the mid 2000s and have also been featured in Nintendo’s Mario franchise. Now they are available to Reddit users which are acquirable as Polygon NFTs. These collectibles on Polygon …
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Ethereum Gas Crisis Eases as NFT Marketplace Fees Plunge
As reported by Nansen recently, Ethereum gas fees in NFT marketplaces have observed a significant reduction, steering the cryptocurrency ecosystem out of an impending gas crisis. A noteworthy point to consider is the substantial drop in Ethereum gas usage by NFTs, which now only account for a minor 3% of the total gas consumption. Uniswap Takes Lead in Gas Consumption …
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Adidas and Pharrell Launches Exclusive Digital Wardrobe for Doodles NFT Holders
Adidas, in partnership with renowned musician Pharrell Williams, has unveiled an exclusive digital clothing collection for Doodles NFT holders. Williams, a celebrated record producer responsible for chart-topping hits like “Happy,” has been associated with the Doodles 2 Character Builder project since June 2022, when he took the role of Chief Brand Officer for the innovative startup. Digital Fashion Meets NFTs …
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India to Host International Conference on Crime and Security in the Era of NFT, AI, and Metaverse
India is all set to host an international conference on security and crime in the era of artificial intelligence (AI), NFT, and Metaverse. The conference, which will be the second major security and crime conference hosted by India, will take place in July and will be attended by delegates from all G20 countries. According to officials, the summit will feature …
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What makes NFT Lending Platform AFKDAO Stand Out in the GameFi Space?
11 April 2023 / Press Release: Following its seed round financing in April 2022 and private round financing in May 2022, the well-known NFT lending platform AFKDAO has announced another significant move: it will soon enter the South Korean GameFi and NFT markets. With an open and composable approach, AFKDAO aims to provide full lifecycle liquidity solutions for South Korean …
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Puma is Expanding its Presence in Web3 and Fashion
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Akansha Gupta
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March 9, 2023
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News, Web3
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NFT, Web3
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0 Comments
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
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
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Akansha Gupta
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March 6, 2023
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NFT, News
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NFT
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0 Comments
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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