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NFTs
Christie’s closes digital art department as NFT decline continues
Christie's, the world's renowned auction house, has closed its dedicated digital art department, marking a decisive retreat from the NFT market as the digital collectibles sector continues its steep decline. The move, confirmed in early September, included the departure of…
Court tosses $9M Bored Ape judgment but affirms trademark protection for NFTs
The US Ninth Circuit Court of Appeals has overturned a $9 million judgment that favored Yuga Labs in its trademark dispute with artist Ryder Ripps and business partner Jeremy Cahen, dealing a setback to the creator of the Bored Ape…