Yuga Labs settles lawsuit against artists accused of copying its NFTs
Yuga Labs first filed a lawsuit in June 2022, accusing Ripps and Cahen of copying its Bored Ape Yacht Club cartoon ape images and selling lookalike NFTs.
Yuga Labs first filed a lawsuit in June 2022, accusing Ripps and Cahen of copying its Bored Ape Yacht Club cartoon ape images and selling lookalike NFTs.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDQvMDE5ZDZmNmYtMGRhMy03N2U5LWFhNDktYmFjOGM0MTcwNjFiLmpwZw==.jpg" alt="Canary Capital submits application for US-based spot PEPE ETF" class="type:primaryImage"></p><p>Canary Capital is preparing to launch an ETF tracking Pepe’s price, despite the token trading 85% below its December 2024 all-time high.</p>
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDQvMDE5ZDcwYjctZDVhMC03MWM4LTg0M2ItZmJjYTE1MDQxMDk5LmpwZw==.jpg" alt="Anthropic loses early appeal over Pentagon ‘supply chain risk’ label" class="type:primaryImage"></p><p>“In our view, the equitable balance here cuts in favor of the government,” said a panel of judges from the District of Columbia Court of Appeals.</p>
While nearly 16% of Polymarket users are in profit, only a tiny fraction have made gains large and consistent enough to entertain walking away from their day job.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMTIvMDE5YWRkNTUtNTM4ZC03NGY0LWE4YzAtZjk2N2Y5ZTg0ZWRl.jpg" alt="Chainalysis claims stablecoin volumes could reach $1.5 quadrillion by 2035" class="type:primaryImage"></p><p>Two macro catalysts — wealth transfer and payment rail disruption — could push stablecoin usage far beyond baseline growth forecasts, analysts say.</p>
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDEvMDE5YzA3M2MtNzUwZC03YmU4LTg2ZDUtMmQ2NDcyZjRlNzAzLmpwZw==.jpg" alt="Fed minutes open door to further rate cuts amid Iran war" class="type:primaryImage"></p><p>Some officials cautiously eyed a year-end rate cut, but others warned that upward adjustments might be needed if inflation remains above target levels. </p>
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDMvMDE5ZDA0MTYtMzIxOS03NmY4LTk2YWUtODcwNzVmY2JlMzY0LmpwZw==.jpg" alt="Visa unveils commerce platform enabling autonomous AI shopping" class="type:primaryImage"></p><p>Visa is rolling out a platform that helps merchants make their product inventories discoverable and purchasable by AI agents.</p>
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDMvMDE5Y2U0YjktZDY4Yy03NDNjLWEyOTMtZTgwYjBlMTlmNjc4LmpwZw==.jpg" alt="Counterhacker exposes DPRK unit that made $1M a month working IT jobs" class="type:primaryImage"></p><p>The North Korean IT workers coordinated crypto payments through a server using a shared, easy-to-guess password “123456.”</p>
Bitcoin and global markets rallied after the US and Iran announced a ceasefire, but data show BTC bears have not closed most of their positions yet.
What a difference a day makes.
David Woodcock steps into the role as US senators await answers to questions on the agency’s dropping lawsuits against Justin Sun and several crypto companies.
Iran’s plans to impose tolls on tankers passing through the Strait of Hormuz is turning the key waterway into a financial battlefield.
Since the start of President Trump’s second term, nine of the 10 top days for the S&P 500 have been spurred by de-escalation either involving tariffs or Iran.
Constellation Brands pulled its longer-term outlook, after executives last year said concerns about ICE raids and higher prices were keeping Hispanic consumers from going out.
Intel was the second-best performer in the S&P 500 on Wednesday.
The Iran crisis threatened “the largest geopolitical oil supply disruption in history,” the Dallas Fed warned.
Bitcoin faces a future quantum threat, but Bernstein analysts say risks are concentrated in older wallets and exposed keys, and unlikely to cause existential disruption.
Custom chips give Google more compute power to deploy, an analyst notes.
The cease-fire agreement between the U.S. and Iran triggered a relief rally in shares of travel and retail giants Wednesday, on hopes that a break from surging fuel prices would help businesses manage costs and calm anxious consumers.
The proposed rule would direct payment stablecoin issuers to establish AML/CFT and sanctions compliance programs, and be able to “block, freeze, and reject” certain transactions.