DraftKings Ends NFT Business Citing ‘Legal Developments’
DraftKings shuts down its NFT business following legal issues and a court ruling on an unregistered securities lawsuit. DraftKings, a sports betting platform, has promptly discontinued its nonfungible token business as a result of recent “legal developments.” DraftKings’ motion to dismiss a class action lawsuit in which it was alleged that the NFTs it issued […]
Starbucks Announces NFT Project Amid Union Controversy
Starbucks announced plans to have a delve into the NFT business even as the union-busting controversy continues. Non-fungible tokens (NFTs) have had their fair share of controversy, but they have now found themselves in the middle of a conflict between multibillion-dollar firms in the United States and workers attempting to unionize their workplaces. Howard Schultz […]