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NFT
Setting the Record Straight
The co-founder of Yuga Labs, Wylie Aronow, shares a frank letter touching on his recent diagnosis of heart failure and responding to accusations of racist and Nazi imagery embedded within the Bored Ape Yacht Club NFT project.
Bitcoin Punks: Ordinal NFT Collection Soars in Value
Late Wednesday, one Ordinal Punk NFT minted on the Bitcoin-native Ordinals Protocol sold for 9.5 BTC, roughly $214,000.
Luxury Brand Hermès Wins Trademark Lawsuit Against ‘Metabirkin’ NFT Creator
After several days of deliberation, the nine-person jury in the copyright infringement trial between Hèrmes and non-fungible token (NFT) artist Mason Rothschild ruled Wednesday in favor of the French luxury brand. The jury also decided the NFTs were not protected under the First Amendment of the U.S. Constitution, as Rothschild's lawyers had argued during the trial. Enclave Markets General Counsel and Chief Compliance Officer Olta Andoni discusses the verdict.
FanDuel Co-Founders Raise $4M for Digital Music Collectible Startup Vault
The funding round for Vault was led by Placeholder VC.
Bitcoin Network Activity Sees Uptick Amid Ordinals Protocol Popularity: Report
Network activity on the Bitcoin blockchain has hit a level not seen since China banned crypto miners in May 2021, according to data from CryptoQuant. The uptick stems from the popularity of the Ordinals protocol, which allows NFTs to be stored on Bitcoin. Okcoin Chief Operating Officer Jason Lau reacts to the report.
Hermès Wins Lawsuit Against 'MetaBirkin' Artist: What Does This Mean for the NFT Market?
French luxury brand Hermès won a landmark trademark lawsuit against "Metabirkin" NFT artist Mason Rothschild. Enclave Markets General Counsel Olta Andoni weighs in on the outcome and compares the trademark dispute to Andy Warhol's Campbell's Soup Cans artwork, noting "there's a lot more artistic relevance there."
Legal Expert on Future of NFT Trademark Law
A Manhattan federal jury concluded that non-fungible token (NFT) artist Mason Rothschild's "Metabirkin" NFT collection violated Hermès' trademark rights. "Just because you are creating digital art doesn't mean no consumer protections are applicable," Enclave Markets General Counsel and Chief Compliance Officer Olta Andoni said.
NFL Rivals Game Adds QBs Hurts, Mahomes to NFT Lineup Ahead of Super Bowl
Web3 gaming studio Mythical Games is capitalizing on the rivalry between the Philadelphia Eagles and Kansas City Chiefs by rolling out 22 new NFTs of players from the football teams in time for the championship game.
Hermès Wins Trademark Lawsuit Against MetaBirkins NFTs, Setting Powerful Precedent for NFT Creators
The verdict ends a year-long battle between the French luxury house and NFT artist Mason Rothschild over his MetaBirkin NFT collection.
