Nike-Owned RTFKT Is Winding Down Its Web3 Services After NFT Market Fizzles Out
RTFKT, once a leader in digital fashion and NFTs, is shutting down its Web3 services by January 2025 due to the decline of the NFT market.

RTFKT, once a leader in digital fashion and NFTs, is shutting down its Web3 services by January 2025 due to the decline of the NFT market.
Beijing police uncovered a series of cases involving the illegal sale of citizen information using cryptocurrency, with transactions worth over $282 million.
Rumored Mobile Legends and Attack on Titan crossover excites fans with potential 2024 release.
Nike collaborates with digital art studio RTFKT to launch the Nike x RTFKT Dunk Genesis sneakers, priced at $222 each in Dunk Ghost and Dunk VOID editions. These futuristic sneakers come with integrated NFTs, accessible via an embedded NFC chip, allowing owners to bridge the gap between physical and digital assets by personalizing their sneakers through 3D files. The VOID and Ghost Editions are set to ship by July 31 and August 31, 2024, respectively, with an exclusive pre-order for NFT holders. Nike's history in NFT-integrated sneakers, along with RTFKT's clout in the digital art scene, underscores the significance of this collaboration in shaping the future of footwear and digital identity.
The new IDs are set for release this month.
Christopher Emms has been on the FBI's international wanted list for a number of years for his role in illegally providing cryptocurrency and blockchain services to North Korea.
The small southeast European nation is beginning to sift through the murky waters of blockchain regulation by granting the Ethereum co-founder citizenship.
Blockchain and virtual currencies are set to become vital part of the Argentine capital’s 12-step digital transformation effort.