DraftKings Settles NFT Securities Lawsuit for $10 Million

DraftKings has agreed to a $10 million settlement over allegations of selling unregistered securities through its NFT marketplace, providing compensation to affected users who traded NFTs between August 2021 and the settlement date.
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Japan’s Metaplanet Issues $13.6 Million in Bonds to Acquire Additional Bitcoin

Japan’s Metaplanet raises $13.6 million via zero-interest bonds to fuel its Bitcoin investment drive, targeting a portfolio of 10,000 BTC by year-end 2025.This strategic decision underscores Metaplanet’s commitment to diversifying its investment portfolio and capitalizing on the opportunities presented by the burgeoning cryptocurrency market. By issuing zero-interest bonds, the company is able to raise funds without incurring interest expenses, thereby maximizing its returns on investment.
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