Federal Judge Rules NBA Top Shot NFTs May Be Considered Unregistered Securities

A federal judge, Victor Marrero, ruled on Wednesday that the NBA Top Shot non-fungible tokens (NFTs) issued by Dapper Labs may meet the requirements to be considered an unregistered security. The case arose in 2021 when an NBA Top Shot collector sued Dapper Labs, claiming that the NBA Top Shot NFTs, known as “Moments” issued … Read more

Sony Files Patent to Use NFT Tech for Keeping Track of in-Game Digital Assets; Introduces Moments Market

Electronics giant Sony has filed a patent that describes the usage of NFT (non-fungible token) and blockchain technology to track the history of in-game digital assets. The filing describes the usage of this tech in order to record the story of modifications and ownership of the digital assets from a given game. Sony Might Use … Read more

Dapper Labs Suspends NFT Operations for Russian Users Amid New EU Sanctions

Canadian company Dapper Labs has blocked operations with non-fungible tokens (NFTs) for Russian accounts. The move follows a new round of sanctions recently imposed by the EU which prohibit the provision of crypto-related services to Russian residents and entities. NFT Platform Dapper Labs Conforms to Latest EU Restrictions Against Russian Federation Dapper Labs, the creators … Read more

Fans Can Buy Game Moment NFTs In Person at the NBA Summer League Games in Vegas

Attendees of the upcoming NBA Summer League games in Las Vegas at the Thomas & Mack Center will be able to purchase NBA Top Shot non-fungible token (NFT) collectibles in person. For the first time ever, NBA Top Shot fans will be able to buy an NFT moment from a game they saw in person. … Read more