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🚨 News Alert 🚨 Artists #sue SEC over confusing security status of #NFTs. 📢 Two artists have filed a lawsuit against the United States Securities and Exchange Commission (SEC), seeking clarity on the regulatory status of #nonfungible tokens (NFTs). The plaintiffs, law professor and filmmaker Brian Frye and songwriter Jonathon Mann, are represented by attorneys who aim to determine which specific actions related to the creation and sale of NFT art might trigger the application of #USsecurities laws ☢️ This legal move highlights the growing need for regulatory guidance in the rapidly evolving #NFT​ space
🚨 News Alert 🚨

Artists #sue SEC over confusing security status of #NFTs.

📢 Two artists have filed a lawsuit against the United States Securities and Exchange Commission (SEC), seeking clarity on the regulatory status of #nonfungible tokens (NFTs). The plaintiffs, law professor and filmmaker Brian Frye and songwriter Jonathon Mann, are represented by attorneys who aim to determine which specific actions related to the creation and sale of NFT art might trigger the application of #USsecurities laws

☢️ This legal move highlights the growing need for regulatory guidance in the rapidly evolving #NFT​ space
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#Nike's web3 platform logo appears in a brief promotional film.Along with the Unreal Engine and #Fortnite game logos, #SWOOSH is displayed. The massively popular online game Fortnite from Epic Games may soon receive a new set of sneakers #nonfungible tokens, according to a hint from the #footwear and clothing company Nike.
#Nike's web3 platform logo appears in a brief promotional film.Along with the Unreal Engine and #Fortnite game logos, #SWOOSH is displayed.

The massively popular online game Fortnite from Epic Games may soon receive a new set of sneakers #nonfungible tokens, according to a hint from the #footwear and clothing company Nike.
A purported SIM swap assault on the GutterCatGang #NFT project resulted in the theft of #nonfungible tokens valued at more than $765,000. Around 8 PM UTC on July 7, numerous members of the NFT #community brought attention to the security lapse. GutterCatGang co-founder @GutterMitch tweeted: "Our #Twitter has been compromised please do not interact with any links."
A purported SIM swap assault on the GutterCatGang #NFT project resulted in the theft of #nonfungible tokens valued at more than $765,000.

Around 8 PM UTC on July 7, numerous members of the NFT #community brought attention to the security lapse. GutterCatGang co-founder @GutterMitch tweeted: "Our #Twitter has been compromised please do not interact with any links."
#BitKeep, a supplier of self-custody wallets, announced support for BRC-20 tokens released on the #Bitcoin network on June 21. Users can examine, rank, and transfer #BRC-20 tokens as well as #nonfungible tokens (NFTs) with this tool. BRC-20 in-wallet swaps will be available "in the future," according to the developers.
#BitKeep, a supplier of self-custody wallets, announced support for BRC-20 tokens released on the #Bitcoin network on June 21. Users can examine, rank, and transfer #BRC-20 tokens as well as #nonfungible tokens (NFTs) with this tool. BRC-20 in-wallet swaps will be available "in the future," according to the developers.
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