NFT Marketplace Wars

• 💀 Yuga Labs Accused of IP Theft for Trademarking BAYC Wolf Skull Logo

• 💰 NFT Marketplace Blur Overrides OpenSea in Trading Volume

• 🦉 Proof Collective Cancels Moonbirds Conference

• 🎫 The Return of NFT Paris: What to Expect

• Discovering the Crypto Revolution: Why DeGods NFTs Arrive on Bitcoin (NFT Lately)

• OpenSea Lowers Fees and Modifies Creator Royalties Amid Rising Rivalry (NFT Lately)

• Hong Kong Mulls Reopening Crypto Trading for Retail Investors (Decrypt)

• BAYC Whale Franklin Fat Fingers Beanz Bid, Loses 35 ETH! (NFT Evening)

• Bored Ape Investor Burns an NFT Valued at $169K (NFT Lately)

• Solana Soars Double-Digits as Helium Network Announces Merge Date (Decrypt)

• GQ Magazine Ventures into the NFT Space (NFT Lately)

• Rihanna Music NFT Trading Suspended by OpenSea (NFT Lately)

• Danny Cole Launches Creature World Fashion Label during NYFW (NFT Evening)

• Number of Bitcoin Whales Drops to Lowest Level Since 2019 (Decrypt)

• VeVe Takes Car Collecting to the Next Level with Lamborghini NFTs (NFT Lately)

• Starbucks Launches Polygon NFTs and Prices Reach Thousands (NFT Lately)

• Buy NBA NFTs on the Go With NBA Top Shot’s Mobile App (NFT Lately)

Other Stuff We Dig:

• Fungible vs. Non-Fungible Tokens: What is the Difference? (NFT Lately)

• 9 Promising Blockchain Uses in the Healthcare Industry (Cointelegraph)

• What is the Network Affect? (Cointelegraph)

• 5 Ways to Monetize Your Digital Art with NFTs (Cointelegraph)

Trending Collections:

• Bored Ape Kennel Club [Floor Price - 8.30 ETH]

• CLONE X - X TAKASHI MURAKAMI [Floor Price - 5.3 ETH]

• Checks - VV Edition [Floor Price - 2.32 ETH]

Yuga Lubs Accused of IP Theft for Trademarking BAYC Wolf Skull Logo

It looks like Yuga Labs — the Creators of Bored Ape Yacht Club (BAYC) — is in the midst of yet another juicy scandal! The NFT project faces accusations of sneaky IP theft for trademarking its BAKC wolf skull logo.

Here's What We Know:

• BAYC's Bored Ape Kennel Club launched on June 17, 2021, featuring a wolf skull as the NFT project's logo.

• Yuga Labs applied to trademark the logo on November 15, 2021, despite having significant similarities to an image created by Easy Drawing Tutorial, released in April 2021.

• A Twitter member dubbed @jdotcolombo raised copyright concerns, causing a stir on the social media channel.

• Easy Drawing Guides commented that the intellectual property rights for the drawing belong to Easy Drawing Guides due to its original picture.

• Co-Founder of Yuga Labs, Greg Solana, released a statement the next day via Twitter, saying that claims were "news" to the team.

• BAKC has changed its logo and requested all marketplaces to do the same.

• On the bright side, at least the drawing made over $1M for animal charities.

Newbie Marketplace Blur Overrides OpenSea in Trading Volume

Newbie NFT marketplace Blur has shaken things by overtaking the once-reigning champion OpenSea in daily trading volume. But it's not all sunshine and rainbows...

Here's What We Know:

• According to Nansen.ai, newbie marketplace Blur has overtaken OpenSea in daily trading volume for the first time.

• Blue remains the top NFT marketplace with a daily trading volume of 20,428 ETH. OpenSea lags at 4,369 ETH.

• Blur's native token release is a reason for the marketplace's daily trading volume skyrocketing, causing the platform's value to soar to $1B.

• Last week, Blur requested its users to block sales of their NFTs on OpenSea as a pushback to the latter's decision to ban NFT marketplaces that offer optional royalties.

• As the demand for NFT trading increases on Blur, the platform has become the top Ethereum gas guzzler, surpassing Uniswap and Seaport. The more active the network, the higher its transaction fees.

Proof Collective Cancels Moonbirds Conference

Proof Collective has ruffled the feathers of Moonbirds NFT holders. Unfortunately, the team behind the blue-chip NFT project announced on its website that it's canceling its NFT event for May following "considerably less interest than anticipated."

Here's the full scoop:

Anyways, shifting gears, for those avid conference enthusiasts seeking a dose of excitement...

The Return of NFT Paris: What to Expect

It's time to hold on to your virtual wallet. NFT Paris is back on February 24-25, 2023 — at the Grand Palais in Paris — and (unlike Proof of Conference) it's looking bigger and better than ever.

To get you all revved up, here's a sneak peek of what's in the pipeline:

• Paris Future Fashion Summit

• Ledger -x- Art Blocks – NFT FACTORY EVENT

• SuperRare Community Meetup

• Americana Web3FC Soccer Match, Tom Sachs “Final Frontier”

• Ledger Security Workshop

• Tom Sachs: Rocket Factory -x- Mona: “Final Frontier” Launch

• KnownOrigin x Deadfellaz NFT Paris Afterparty

• Daata x SuperRare Spaces

• Ledger Stax Workshop

• Fireside Chat with Doodles

Not forgetting the sideline events that will be taking place:

• DeGods x Pudgy Penguins Boat Party

• Rug Radio Vibes in Paris

• REKT in Paris

Today's edition was written by Leah Alger and edited by Ty Smith.

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