Daily Insights: Updates on Crypto, Blockchain, NFTs, Web3, and Play-to-Earn Gaming

In an Unexpected Twist, DraftKings Shuts Down Its nft Business Immediately In a move that caught many by surprise, DraftKings Inc , a well-known sports gambling titan, announced the immediate closure of its non-fungible token (nft) endeavors, signaling a noteworthy end to a unique merge of digital collectibles with sports culture This decision underscores the volatile nature of the nft and digital collectibles market, raising eyebrows across the sports and digital asset communities The Reasons Behind the Closure DraftKings attributed its abrupt exit from the nft world to recent legal hurdles, highlighting the complexities surrounding digital assets A federal judge's decision to let a class action lawsuit proceed against the company acted as a catalyst for this move...