Artists sue SEC over NFT status, DraftKings kills NFT business: Nifty Newsletter
Two artists have taken legal action to demand clarification from the SEC over the status of NFTs.
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Apple closes up amid US tech stock washout from China AI startup DeepSeek
The US market dipped amid the release of Chinese firm DeepSeek’s latest AI model, which can supposedly perform as well as ChatGPT for a fraction of the cost.

Hong Kong to list ‘suspicious’ crypto platforms in wake of JPEX scandal
In the wake of the ongoing JPEX scandal, the Hong Kong Securities and Futures Commission says it will issue a public list of suspicious crypto trading platforms. 121 Total views 1 Total shares Hong Kong's financial regulator, the Securities and Futures Commission (SFC) has vowed to step up efforts to combat unregulated cryptocurrency trading platforms

Huobi and Gate.io under fire for allegedly sharing snapshots using loaned funds
A wallet address linked to the Huobi exchange was found transferring 10,000 ETH to Binance and OKX deposit wallets soon after releasing its asset snapshot. To counter the rising mistrust among crypto investors following the FTX collapse, crypto exchanges unanimously decided to share proof of reserve with the public as a way to showcase legitimacy.…

Nifty News: NFT restaurant crumbles, Binance NFT ends Polygon support and more
Bold plans for a non-fungible token linked restaurant and private members lounge in San Francisco have come to an abrupt end, after the company behind the project halted construction due to challenging macroeconomic factors. The two venues were being built on Salesforce Park, and were going to be dubbed the “Sho Restaurant” and “Sho Club

Martin Shkreli must give up copies of one-off Wu-Tang album, says judge
Martin Shkreli had to forfeit a one-of-a-kind Wu-Tang Clan album in 2018 — now a judge ordered him to surrender any digital copies until a court case is finalized.

Stellar becomes new home of USDC as integration goes live
The Stellar blockchain can be used to pay with USDC, the second-largest stablecoin. 3891 Total views 32 Total shares The Stellar Development Foundation announced Tuesday that an anticipated integration with USD Coin (USDC) is live. Users can now transact with USDC on the Stellar blockchain.The integration with the second-largest stablecoin was initially announced in October 2020,…

Bitcoin could end year at $58K as futures market 'overheated' — CryptoQuant
CryptoQuant CEO Ki Young Ju tips Bitcoin to finish the year at $58,974 but another analyst disagrees, saying a major pullback is unlikely.

US Retailer Target Unveils Open Source Blockchain for Supply Chain Tracking
United States-based retail giant Target is creating an open source blockchain project for supply chain tracking, according to an official blog post from the company’s VP of architecture on April 22.According to the post, Target ran a pilot test using blockchain technology to certify its paper products along the supply chain in 2018. The blockchain…