2022-10-10 06:24 |
The firm outlined that as its “payment processing and stored value service partner is subject to EU regulations,” Dapper has been directed to impose the restrictions on these accounts under EU law.
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Dapper Labs’ $4 million settlement deal to conclude a class-action lawsuit against the company maintains that NBA Top Shot nonfungible tokens (NFTs) are not securities, according to CEO Roham Gharegozlou.
If Dapper Labs’ NBA Top Shots Moments are found to be securities, the company and its CEO could potentially face civil and criminal penalties for selling unregistered securities.
In a significant ruling, a U.S. federal judge has declared that NBA Top Shot non-fungible tokens (NFTs) may be categorized as securities, potentially impacting the NFT industry.
Magic Johnson unveiled a new NFT line this week. Sport and NFTs continue to challenge the limits of technology, with American franchises at the forefront of the trend into the virtual domain. The legendary basketball player is the most recent athlete to enter the digital art market with the release of “The anthology: Magic Johnson” […]
The maker of NBA Top Shot is deploying new tools for developers to launch tokens on the Flow blockchain.
Dapper Labs, the company behind the highly successful CryptoKitties and NBA Top Shot, has received $305 million in funding. Investors include Michael Jordan and Kevin Durant, with the entire round being led by investment firm Coatue.