Social Token Platform Rally Shuts Down, Crypto Assets at Risk of Becoming Stranded

Social Token Project Rally Shuts Ethereum Sidechain, Stranding Users’ Crypto Assets

Social token platform, Rally, has announced that it is ending its operations and discontinuing its Ethereum sidechain. This sudden move has raised concerns among its users, who are creators and fans holding Rally tokens. In an email sent out to its users, Rally warned that the NFTs on its sidechain would not be transferable to … Read more

The Rise and Fall of NFTZ: What Happened to the World’s First NFT ETF?

First Exchange-Traded NFT Fund Shuts Down

The world’s first exchange-traded fund (ETF) for NFTs, NFTZ, is shutting down. Defiance ETFs, the company behind NFTZ, recently announced its decision to “close and liquidate” the fund by February 28th. This news has come as a surprise to many, especially since NFTZ had a highly anticipated launch back in December 2021. NFTZ was a … Read more