Football superstar accused of participating in sale of unregistered securities
Famous football player Cristiano Ronaldo is facing a class-action lawsuit for allegedly promoting unregistered securities in partnership with cryptocurrency exchange Binance. Ronaldo entered a multiyear partnership with Binance to endorse NFT collections tied to the exchange's NFT-focused arm. The legal complaint claims that Ronaldo encouraged his millions of followers to invest using Binance, leading to a significant increase in the exchange's popularity.
NFT Collector Thwarts Hacking Attempt
A pseudonymous NFT trader narrowly avoided a hacking attempt by an impersonator posing as a Forbes journalist. The scammer requested an interview about the Bored Ape Yacht Club (BAYC) collection and attempted to distract the trader by asking him to say something related to his BAYC NFT. Fortunately, the trader was able to prevent the hacking attempt and protect his valuable NFTs.
Azuki DAO Rebrands to "Bean" and Drops Lawsuit Against Founder
Azuki DAO, an unofficial decentralized autonomous organization (DAO) for the Azuki NFT collection, has announced a rebrand to "Bean" and dropped its proposed lawsuit against the founder, Zagabond. The DAO plans to become a memecoin project and join the Blast ecosystem, an Ethereum layer-2 platform. Bean has already secured a $10 million investment for development and acceleration.
Square Enix Announces Auction Dates for Symbiogenesis NFTs
Game developer Square Enix, known for franchises like Final Fantasy and Kingdom Hearts, has started the auction of its Symbiogenesis NFTs. The first batch will be available for auction from November 27-28, followed by a second batch from November 30 to December 4. A third batch of NFTs will be auctioned on December 2-3. Symbiogenesis is a blockchain game currently being developed by Square Enix and will feature Ethereum-based NFTs.
User Claims $11 Million in Blur Token Rewards
A user participating in the recent airdrop of the NFT marketplace Blur has claimed tokens worth approximately $11 million. The user's wallet, tagged as "hanwe.eth," received over 22 million Blur tokens during the platform's season two airdrop. The owner celebrated the rewards on social media, while others, like NFT whale Jeffrey Hwang, expressed dissatisfaction with the airdrop results.
Stay tuned for more updates and insights into the rapidly evolving NFT space.
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