Ethereum Co-Founder: ETH’s Commodity Status Is ‘a Foregone Conclusion’

In the midst of the ongoing legal skirmishes between the U.S. Securities and Exchange Commission (SEC) and the cryptocurrency industry, Joseph Lubin, co-founder of Ethereum, remains unbothered. Lubin, who also serves as the CEO of ConsenSys, the blockchain-based financial infrastructure company, expressed his views on the regulatory status of Ether (ETH), the native cryptocurrency of…

Yuga Labs’ ‘HV-MTL Forge’ Has Opened: Here’s What You Need to Know

On June 20, Yuga Labs made major waves by announcing something called the “HV-MTL Forge” to begin on June 29. After sharing only a few major details about the event on social media, the Bored Ape Yacht Club progenitors have now unveiled the full extent of the significant metaverse gaming expansion. Here’s what you need…

Coinbase Challenges the SEC: Seeks Case Dismissal, Defending Its Practices

Coinbase has sent waves throughout Web3 by taking a stand against the recent lawsuit filed by the U.S. Securities and Exchange Commission (SEC). In a response submitted on June 28, the exchange giant contends that the case lacks a solid legal foundation and should be dismissed. The action comes amidst ongoing tension between the digital…

Exclusive: Fxhash 2.0 Debuts Ethereum Integration and On-Chain Minting

Over the past few years, fxhash has solidified itself as a premiere, community-focused, and accessible platform for generative art. A longtime major facet of the Tezos NFT ecosystem, the platform is now seeking to double down on its mission to enhance and untether the creative potential of artists in the generative NFT space with an…

Exclusive: Adidas Shares Web3 Journey, Teases Season Two of ALTs

Innovation is often the result of audacity and imagination. It was in this spirit that Adidas made its first jump into Web3 in 2021 with Into the Metaverse NFT drop— a collaboration between  Bored Ape Yacht Club founders Gordon Goner and Gargamel, Pixel Vault founder GFunk and influential collector gmoney — to welcome Adidas Originals to the virtual world. Since then,…

How Fellowship’s Second Exhibition Shines a Light on AI Video

If the prominent rise of AI art tools in the last year can be described as an uncharted ocean of creative possibility, then the Web3 photography platform Fellowship is one of the boldest and most capable ships navigating its waves. In April, the platform launched Post-Photographic Perspectives, its inaugural AI-focused art show featuring the mind-expanding…

Azuki Addresses Elementals Mint Controversy, Teases ‘Green Bean’ NFT

On June 27, the Azuki Elementals mint went live, generating immense fanfare throughout Web3. Billed as the next evolution of the popular anime-themed PFP project, Elementals sold out in record time, failing to make it past presale before all 20,000 NFTs had been minted. Perhaps to be expected, though, not everything went off without a…

Sotheby’s Launches Gen Art Program With Art Blocks, Hosts First Dutch Auction

Sotheby’s has announced that it will use a Dutch auction format for the first time in its 300-year history for a digital sale celebrating the renowned artist Vera Molnár, according to information provided to nft now. The sale will inaugurate the launch of the legacy auction house’s Gen Art Program powered by Art Blocks’ Art…