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The Rise of NFTs – Opportunities and Legal Issues | White & Case LLP


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As we progress into 2021, the beat of the drum of the cryptocurrency and broader digital asset industry continues and, with it, has come the rise in popularity non-fungible tokens (NFTs). In the month leading up to the writing of this article, a total of more than $208 million
1  of NFT-based artwork was sold (in primary and secondary sales), as compared to the $250 million of total NFT volume traded in all of 2020. In addition, creators are utilizing NFTs to generate novel methods of monetizing digital creative works and other experiences, as the music band, the Kings of Leon, accomplished when it released its new album as a limited edition NFT, with six NFTs providing lifetime tickets to front row seats for the band’s shows. Further, we are witnessing creators experience a new era of incredible sales figures, like the artist known as Beeple, who sold an NFT representing a collage for $69 million. Prior to th ....

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Analysis of Personal Data–Related Collective Actions in the UK


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Data related collective actions can generally be divided into two broad categories: (i) “unauthorized use of personal data” cases, where the firm controlling personal data allegedly uses it in an unauthorized manner; and (ii) “unauthorized access to personal data” cases where a third party (e.g. hackers) improperly accesses private data for malicious reasons.
This article discusses some of the key legal and economic issues that arise in matters involving the unauthorized use of, or unauthorised access to, personal data in the UK.
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Data Protection Laws in the UK
“Personal data” can refer to diverse information types. The EU’s General Data Protection Regulation (GDPR), which was implemented in the UK and supplemented by the UK Data Protection Act of 2018 (DPA 2018), ....

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