BITS OF BLOCKS
BLOCKCHAIN, LAW AND REGULATION
Steven Pettigrove, Partner, Piper Alderman
Michael Bacina, Partner, Travers Thorp Alberga
It's in the bag: Hermes wins NFT infringement lawsuit over Birkin bags
The limits of artistic expression were tested this week as a US jury found that NFTs, featuring the design of the famous Hermès Birkin...
China to launch NFT marketplace
Despite China's ban on cryptocurrencies, China is continuing to explore the potential of digital assets with reports that a state-backed...
AO Art Ball serves up real world value
AO Metaverse, the company that released the AO Art Ball Collection for the 2022 Australian Open, sold out in three minutes during its...
Do you need a token dealing policy? Managing insider trading, fraud and conflicts risk
The past year has seen two high profile incidents involving buying or selling crypto-assets (tokens and NFTs) based on information...
No Boredom (or yacht clubs) as Singapore High Court confirms NFTs are property
In a ground-breaking judgment, the Singapore High Court confirmed that NFTs have attributes of property, and the Court has jurisdiction...
Australian Tax Office (air)drops new airdrop guidance
The Australian Taxation Office (ATO) has issued new guidelines on how Australia's tax regime applies to cryptocurrency rewards and new...
Trademark filings point to F1 NFTs
In recent years, fans have paid close attention to international trademark filings to have an early opportunity to look at what their...
Putting a (safety)pin in it: reviewing the CryptoPunks NFT licence
Yuga Labs, recent purchasers of the IP in popular NFT project CryptoPunks, today announced terms of use governing the intellectual...
A burning deadline passes for Hirst NFT collectors
In 2016, famous UK artist Damien Hirst started created 10,000 unique dot paintings in a collaborative project with HENI known as 'The...
GameStop launches NFT Marketplace
GameStop, the American video game retailer, has announced the launch of its NFT marketplace, GameStop NFT. Launching on Ethereum using a...
NFTs stolen in Phishing Attack on Uniswap v3
A group of hackers has pulled off a major phishing scam on a Uniswap v3 liquidity pool, making off with NFTs worth roughly US$3.56m in...
No monkey business: Bored Ape Yacht Club hacked
Yuga Labs, the collective behind the Bored Ape Yacht Club (BAYC) NFTs, was targeted in a hacking attack via Instagram this week....
Credit Cards and Crypto Come together on OpenSea and BTC Markets
Open Sea and BTC Markets have both now launched direct debit card payment options, making it easier than ever for non-cryptocurrency...
IP rights in NFTs: What can be done with CryptoPunks and Bored Apes?
Recently, Yuga Labs, the creators of the Bored Ape Yacht Club and spin offs the Mutant Ape, announced it had acquired the intellectual...