Footballer Cristiano Ronaldo is currently facing a lawsuit for his involvement in promoting nonfungible tokens (NFTs) linked to the crypto exchange Binance. The lawsuit alleges that Ronaldo encouraged his followers to invest in Binance, which ultimately contributed to its growth. In another NFT-related incident, an NFT collector narrowly escaped a hacking attempt by an individual posing as a journalist. During an interview, the scammer tried to distract the collector and gain control of their screen, but the collector successfully foiled the attempt. In different news, Azuki DAO has decided to rebrand itself as Bean and has dropped its proposed lawsuit against its founder. The DAO is transitioning into a memecoin project and has secured a substantial $10 million investment. Furthermore, game developer Square Enix has recently unveiled its upcoming NFT collection called Symbiogenesis. The collection will feature Ethereum-based NFTs and is set to have auctions taking place in November and December. Lastly, a user participating in the Blur NFT marketplace’s season two airdrop has claimed tokens worth an impressive $11 million. The user, identified by the wallet address “hanwe.eth,” celebrated their rewards on social media, showcasing their success to the public.
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