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NFT Legal Battles, AI Strategies, and Metaverse Collaborations: A Crypto World in Flux
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“NFT Legal Battles, AI Strategies, and Metaverse Collaborations: A Crypto World in Flux”
Appeals Court Judges Skeptical in Ryder Ripp's Bored Ape Appeal
An appeals court is hearing the case of Ryder Ripp, a Bored Ape Yacht Club NFT holder. The court's judges appear skeptical as Ripp appeals a prior ruling regarding his Bored Ape. This case has implications for the legal status and ownership rights of NFTs.
Greece AI Advisory Committee and National Strategy
Greece is forming an AI advisory committee and developing a national AI strategy. This signals the country's commitment to harnessing artificial intelligence for economic growth and technological advancement. The committee will likely play a crucial role in shaping Greece's AI policies.
Singapore Court Authorizes Freeze Order on Attached Wallets in Soulbound NFT Case
A Singapore court has granted a freeze order on wallets related to the Soulbound NFT case. This legal development follows a dispute involving the NFT project and its founders. The court's authorization is a significant step in resolving the matter.
Hong Kong Regulator Adopts New Crypto Policies
Hong Kong's regulatory authority is implementing changes in its cryptocurrency policies. This move aims to align Hong Kong with international standards while addressing potential risks associated with digital assets. It reflects the region's evolving approach to cryptocurrency regulation.
Google Cloud Joins MultiversX in a Metaverse-Focused Partnership
Google Cloud is entering a partnership with MultiversX, emphasizing the company's growing interest in the metaverse space. This collaboration could lead to innovations in cloud services and technologies supporting the development of the metaverse.
Coinbase Layer 2 Network Base Releases Open-Source Code
Coinbase's Layer 2 network, known as Base, has released its open-source code. This move is expected to foster the development of Layer 2 solutions for the Ethereum network. It demonstrates Coinbase's commitment to enhancing scalability and reducing fees on the Ethereum blockchain.
