Blockchain researcher ZachXBT recently reported the successful return of most funds obtained from selling a DeGods NFT stolen in May 2023. The NFT was pilfered through a phishing website and promptly sold for 99 ETH (valued at $177,000) on the NFT marketplace Blur.
Analysts from the U.S. Copyright Office (USCO) and the United States Patent and Trademark Office (USPTO) suggest that existing U.S. copyright laws don't require adjustments to regulate the non-fungible token (NFT) industry. Instead, they recommend focusing on education and enhancing transparency within NFT products.
Just a week following the debut of ERC-404, the NFT world welcomes DN404, a new hybrid standard. This innovation, announced by developer cygaar, promises a more seamless integration of fungible and non-fungible token functionalities.