Reading Time: < 1 minuteToymaking giant Mattel is pausing its Hot Wheels Virtual Garage NFTs as it evaluates the collection’s future.

Reading Time: < 1 minuteNike is confronting a proposed class-action lawsuit alleging the company orchestrated a “rug pull” by abruptly shutting down its NFT platform, RTFKT, earlier this year.

Reading Time: < 1 minuteFollowing its registration in the Cayman Islands, OpenSea has sparked speculation among the community about a potential token launch and user airdrop.

Reading Time: < 1 minuteNFT marketplace OpenSea will be launching a new and improved platform in December as the NFT market continues to experience a slump.

Reading Time: < 1 minuteDuring the second quarter, the sale of non-fungible tokens (NFTs) saw a significant decline of 44%, attributed to various factors such as the increase of celebrity, political, and animal-themed memecoins and a downturn in the overall crypto market.

Reading Time: < 1 minuteIn the past month, trading volume for former US President Donald Trump’s initial batch of non-fungible tokens (NFTs) has plummeted by 99%.

Reading Time: < 1 minuteDistrict Judge John F. Walter has ruled that artist Ryder Ripps and NFT marketplace Not Larva Labs founder Jeremy Cahan must pay $8.9 million to Yuga Labs in a recent trademark infringement case.