NBA Top Shot creator to face lawsuit around securities status

Dapper Labs, the company behind many popular NFT collectible projects, will face a lawsuit accusing it of selling unregistered securities. In particular, the company has developed the popular NFT game

a16z, Coatue, USV invest in $725M developer fund for Dapper’s Flow blockchain

The web3 world is continuing to discover that it’s a lot harder to build a developer ecosystem than it is to build a platform. The Flow blockchain launched by NBA Top Shot creator Dapper Labs is

Ticketmaster taps the Flow blockchain to let event organizers issue NFTs tied to tickets

Ticketmaster will now let event organizers issue NFTs (non-fungible tokens) tied to tickets on Flow, a blockchain operated by a16z-backed Dapper Labs. The Live Nation subsidiary said that event organi

Cryptoys banks a16z funding to build NFTs for kids

The past several months haven’t been entirely kind to the NFT market — while transaction volume hasn’t stuttered too significantly, the dollar amount invested in the space has been i

Star-studded digital avatar startup Genies launches NFT fashion marketplace

Digital avatar startup Genies, known its for high-profile partnerships with celebrities such as Justin Bieber, Migos and Cardi B, has just released its long-anticipated NFT storefront, “The Ware

This Dapper Labs-backed company is turning Dr. Seuss characters into NFT trading cards

Back in 2012, a Brooklyn-based mobile apps development startup was hired to do a job by the 83-year-old trading card company Topps. For that Brooklyn outfit’s president, Erich Wood, a UCLA gradu

Crypto gaming giant Dapper Labs takes its next shot with Genies NFT platform ‘The Warehouse’

As they near the end of a blockbuster year for NFTs that saw more than $10 billion in transaction volume, today’s NFT project developers are finding themselves facing a dilemma — whether t

Avatar startup Genies hits $1 billion valuation in latest raise

Only in the current market can one wonder how a celebrity avatar startup that sells NFT accessories took so long to hit a unicorn valuation. Genies, an LA-based digital avatar startup, announced Tuesd

NFT startup Dapper Labs acquires virtual influencer startup Brud

Dapper Labs, the NFT startup behind NBA Top Shot, which was recently valued above $7.5 billion, made an interesting acquisition this morning, telling Decrypt that they have purchased virtual influence

NBA Top Shot creator Dapper Labs raises another $250 million

Dapper Labs, the company behind popular fantasy basketball NFT game NBA Top Shot, has raised another $250 million in funding. Coatue is leading the new investment. According to a source close to the c

Crypto’s biggest powerhouse flexes on its competition

Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious. For our Thursday episode this week, we d

Meta is expanding NFT support on Instagram to 100 countries

Meta CEO Mark Zuckerberg announced today that the company is beginning its international expansion of NFT support on Instagram. The expansion follows the social network’s initial NFT test launch

The venture landscape may be on the ‘cusp’ of explosive growth after years of macro strain

The crypto industry is facing the same macroeconomic headwinds as others, with the added bonus of regulatory uncertainty.

NFT fantasy sports startup Sorare lays off 13% of staff as web3 gaming continues to sputter

Web3-enabled fantasy sports platform Sorare laid off 22 employees based in its New York office in February. The move comes as the startup wants certain teams to be concentrated at the company’s

NBA Top Shot creator on the NFT craze and why Ethereum still isn’t consumer friendly

We caught up with the Dapper Labs CEO at TechCrunch Disrupt 2021 last week to discuss the challenges facing the crypto space, the future of Ethereum, and how quickly NFTs blew up this year.

Coinbase is adding another layer to its business through the blockchain space

This week big news rolled out in the layer-2 blockchain space as Coinbase launched Base, an Ethereum-focused layer-2 blockchain.

Dapper Labs CEO Roham Gharegozlou is coming to Disrupt

If you spent any time this year desperately trying to figure out what the heck NFTs are, you probably have Dapper Labs CEO Roham Gharegozlou to thank for that. His startup’s crypto trading card

Sorare teams up with NBA for a new NFT fantasy basketball game

French startup Sorare originally launched a fantasy football (soccer) game. This year, the company is expanding to new sports. After partnering with Major League Baseball earlier this year, the compan

All Facebook and Instagram users in the US can now share NFTs, cross-post between both apps

Meta announced today that all Facebook and Instagram users in the U.S. can now connect their wallets and share their NFTs. All users in the U.S. also have the ability to cross-post the NFTs that they

a16z’s Chris Dixon thinks it’s time to focus on blockchains’ use cases, not speculation

"I’m not anti-speculation, but I think it’s a question of priorities... It’s putting the cart before the horse."
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