Jimmy Fallon wants relief from BAYC trademark case
Lawyers for Jimmy Fallon, star of NBC’s long-running comedy and variety series The Tonight Show, has filed a motion to “vacate” a subpoena requiring him to testify in Yuga Labs Inc. v. Ripps et al. case.
The lawyers claim that Fallon has no connection to the dispute, is not a party to the Ripps lawsuit, and that he has never met or interacted with Ryder Ripps, creative director of OKFocus and Jeremy Cahen, one of the founders of the alleged Bored Ape Yacht Club ( BAYC) “copycat.”
Yuga Labs is suing Ryder Ripps and Jeremy Cahen for issuing a “copycat” nonfungible token (NFT) collection that resulted in trademark infringement, false advertising and unfair competition. The ongoing case has focused on intellectual property rights (IP) and trademark rights within the NFT area.
While Fallon bought a Bored Ape Yacht Club NFT and talked about it on his show, he has nothing to do with Yuga Labs and the Ripps case, according to the petition.
Fallon is also a co-defendant with Paris Hilton in a separate securities lawsuit involving Yuga Labs.
Getty Images and Candy Digital to sell NFTs from Archives
Getty Images partners with NFT platform Candy Digital to offer rare images in NFT form, starting with photographs from the 1970s music and culture collection.
In a chirpingCandy Digital revealed that the collection includes works by Don Paulsen, David Redfern and other photographers depicting iconic figures such as Elvis, David Bowie and The Rolling Stones.
The NFTs will be available for purchase on Candy Digital’s website starting March 21, with prices ranging from $25 to $200. The release will be available to buyers in several countries, including the US, UK and Japan.
This partnership comes as the NFT market shows signs of growth, with marketplace volume increasing for the fourth consecutive month in February.
Forkast launches NFT price tracking indices
Forkast Labs, a data intelligence service formed by the merger of Forkast.News and NFT market tracker CryptoSlam, has launched a series of NFT indices that aim to provide real-time insight into the digital asset economy.
The Discard 500 NFT Index will measure performance across 21 blockchains, including Ethereum, Solana, Polygon and Cardano, and is designed to be a proxy for the entire NFT market.
The indices aim to provide a more comprehensive measure of the health of the NFT economy, which is difficult to discern using traditional market rankings based on prices, sales and transaction volumes.
The NFT market has hit a 3-month high as Blur is responsible for high trades
The non-fungible token (NFT) market is experiencing a bullish trend, according to data sourced from NFT tracker CryptoSlam, hitting a 3-month high for the second day in a row with over 125,000 trades in the past 24 hours. Trade passed $2.04 billion last month, up 117% from $941 million in January.
Related: The metaverse gets a greenhouse and garden full of NFT flowers
This growth is due to Blur, a developing market that just this month surpassed OpenSea in trading volume.
Blur’s trading volume jumped over $1.13 billion in February from the previous month, a statistic that accounts for nearly all of the entire NFT market’s month-over-month gains.
