Cristiano Ronaldo Sued over Binance Promotion; Azuki DAO Rebrands and Big Wins in Blur Airdrop
Summary:
This week's digest touches on the lawsuit faced by Cristiano Ronaldo for promoting Binance-associated NFTs, an NFT collector dodging a hacking attempt, Azuki DAO's transition to 'Bean', Square Enix's Symbiogenesis NFTs auction, and a windfall of $11 million in Blur tokens claimed by a user.
This week's newsletter covers soccer star Cristiano Ronaldo being sued for promoting Non-Fungible Tokens (NFTs) connected to Binance cryptocurrency exchange, and an NFT enthusiast avoiding a hacker's trap. Other highlights include Azuki DAO's name change to Bean, Square Enix's new NFT collection, and a participant acquiring $11 million worth of tokens from Blur airdrop. The renowned soccer player, Cristiano Ronaldo, risks legal action due to the promotion of unregistered securities linked to Binance Crypto exchange. Via the exchange, it has been reported that the soccer champion backed NFT collections. This partnership is assumed to have majorly contributed to the augmented growth in Binance's popularity, implicating Ronaldo as a potential suit target. Maintaining his anonymity, an NFT trader eluded a con artist pretending to be a journalist from Forbes. The scam artist attempted luring the trader into a trap by requesting an interview on Bored Ape Yacht Club (BAYC) collection and trying to take control of his screen. Azuki DAO, the organizer behind the eponymous NFT collection, announced a rebranding initiative to "Bean". Proposed legal action against Zagabond, Azuki's founder, has also been dropped. Game developer Square Enix has begun auctioning its Symbiogenesis NFTs. The schedule for the auction series has been revealed through a social media post. Finally, a participant in Blur's recent airdrop has acquired tokens amounting to approximately $11 million albeit not everyone was pleased by the results of the airdrop. This digest concludes here but don't miss out on next Wednesday’s report for more intriguing insights into the ever-evolving NFT universe.
Published At
11/29/2023 8:00:00 PM
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