NEWSLETTER
In this week's bulletin, the US stock and values commission. UU. (SEC) has eliminated its research on the non -fungible Token company (nft) Yuga Labs, a company owned by the president of the United States, Donald Trump, presented commercial brands for a metach market and a nft market, and game platforms plans to settle its nft demand for $ 10 million. In other news, the recently launched Lay-2 network of Hamster Kombat aims to admit the web3 games.
Yuga Labs says SEC launched its research on nft company
The nft Yuga Labs firm said the SEC launched its research on the company. The nft firm said in a publication that after three years, the agency had finally closed its investigation in Yuga Labs.
The company said this was a victory for nfts and creators, promoting the ecosystem. “nfts are not values,” added Yuga Labs.
The regulator investigation began in October 2022 under the former president of the SEC, Gary Gensler. It was part of a broader probe in nft, creators and markets to see if nft assets could be classified as values.
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Trump Company presents trademarks for the Metaverse brand, nft Marketplace
The DTTM operations of the Trump property company requested trademarks for the word “Trump” in relation to a Metverse and nft market. The presentation described a Trump virtual virtual world where users could buy physical and virtual products, dinner at a restaurant and enjoy simulated luxury transports such as limousines and airplanes.
The company also plans a nft market. However, the presentation added a warning that only the content allowed by the President will be included.
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Draftkings Lisa the demand for class action on the nft market for $ 10 million
The Draftkings game platform agreed to pay $ 10 million to resolve a class action demand for its nft buyers. On February 28, a Federal Court judge granted a preliminary liquidation motion to liquidate all claims for $ 10 million.
The agreement would divide the funds among the members of the collective claim. If approved, the agreement would finally end the lawsuit, which began in 2023. The lawsuit claimed that the company sold nft that were investment contracts under the securities laws and were unregistered values.
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Hamster Kombat says that season 2 is 'more than a game' in the midst of launch layer 2
Web3 Game Hamster Kombat expanded its ecosystem by launching a layer 2 block chain called Hamster Network. The L2, based on Open Network (TON), aims to admit web games and decentralized applications.
Hamster Kombat said the network would allow developers to launch games completely. “We are not talking about centralized games that store only specific data or nft data in the chain,” the team told Cointelegraph. They added that they would allow the games to place their “complete logic” within smart contracts.
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Thank you for reading this summary of the most notable developments of the week in the nft space. Return again next Wednesday to obtain more reports and information about this space in active evolution.
