non-fungible token News

Viewpoint: The Metaverse – Hype vs Reality

The hype around the metaverse has been matched by the millions of dollars being invested by big tech and big business. With Walmart recently announcing its entry on the online gaming platform Roblox, the message to B2C and B2B companies …

EU Seeks Agreement on Ground-Breaking Regulations for Crypto Assets

The European Union on Thursday will seek agreement on ground-breaking rules for regulating crypto assets as the rout in bitcoin piles pressure on authorities to rein in the sector. Globally, crypto assets are largely unregulated, with national operators in the …

Lloyd’s Broker Superscript Offers Insurance for Crypto, Digital Asset Businesses

Lloyd’s broker Superscript has launched a dedicated product for distributed ledger technology (DLT), digital asset, and blockchain businesses. The product, named Daylight, will help digital asset businesses secure insurance and manage risks more easily. Daylight uniquely combines cutting-edge machine-learning technology …

Markets/Coverages: IMA Creates Metaverse Insurance R&D Lab; Appalachian’s Workers’ Comp Teams With Slice; Blockdaemon Debuts Blockchain Policy

IMA Financial Unveils the Metaverse’s First Insurance Research & Development Facility Financial services firm IMA Financial Group said it has launched the metaverse’s first insurance and risk management research and development facility. Called IMA Web3Labs, it will be located in …

Nike Files Trademark Suit Against Online Retailer to Halt Sale of Sneaker NFTs

Sneaker giant Nike sued online reseller StockX in New York federal court on Thursday for selling unauthorized images of Nike shoes, marking the latest lawsuit over digital assets known as non-fungible tokens. Nike said StockX’s NFTs infringe its trademarks and …