DIGITAL COLLECTIBLE
7-Eleven Jumps into NFT Space
Joining the ranks of Adidas, Coca-Cola, Louis Vuitton, and Nike, 7-Eleven, Inc. is making a significant move into the digital asset space. The convenience retailer is celebrating its 96th birthday by introducing a first-of-its-kind digital collectible (NFT) for Slurpee fans nationwide.
NFT Platform iBox Fined 400,000 RMB for Violating China's Anti-Unfair Competition Law
Popular Chinese NFT platform iBox.art, has recently faced a penalty of 400,000 RMB for violating China's Anti-Unfair Competition Law. The law aims to ensure fairness in business promotions, stating that the maximum value of a top prize in a lottery-style sales event should not exceed 50,000 RMB.
German Bundesliga Features in Blockchain Fantasy Football Platform Sorare
Sorare, an Ethereum-backed fantasy football platform has announced its latest partnership with the top two leagues in Germany, the top-flight Bundesliga, and Bundesliga 2 DE.
Huobi Launches $100 Million Venture Unit for NFTs and Bolt-On Deals
Huobi Group announced that the company has launched an investment unit with $100 million, reserving part of their cash for non-fungible tokens (NFT).