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A handful of investors claim the notoriously battered NFT sector is showing fresh signs of life after a spectacular fall and hordes of so-called crypto goblins are swarming to events across New York City this week to tout their non-fungible tokens.

NFT.NYC, which began Tuesday at the Javits Center and ends Friday, has played host to more than 800 speakers and 100 events for the closely-knit investors in NFTs — pieces of collectible, authenticated digital art that has included the “Bored Ape” and “CryptoPunks” series.

Despite becoming a punchline among crypto skeptics over a major boom-and-bust in 2022, NFTs are still drawing steady interest, according to Alex Taub, co-founder of Goblintown, an NFT collection whose name refers to so-called “goblin” investors who have blown their cash on failed crypto purchases.

While Goblintown’s basic releases sell for between $500 and $1,000, rare or one-of-a-kind NFTs can go for more than six figures, according to Taub. The current lowest asking price is $492, while the most expensive sale in the last 90 days went for more than $11,000, according to NFTpricefloor.com.

A lot of people say NFTs are dead — and in a lot of ways, most of them are, Taub, the CEO of Truth Labs, told The Post. But the teams that are still around and building things, theres still a lot of value to be created.

NFT enthusiasts are undeterred even after the high-profile implosion of convicted fraudster Sam Bankman-Frieds FTX empire. At one point, the floor price for the Bored Ape Yacht Club, arguably the most popular NFT collection, rapidly collapsed by 75% from more than $400,000 in April 2022 to less than $100,000. Currently, it is hovering just above $39,000.

HiHI! @McGoblinBurger Ill be working at the truck today pic.twitter.com/CyD6QCRi2R

Overall, NFT prices are still far below their peak in 2021 and 2022, according to NFT Price Floor COO Nicolas Lallement. While the initial surge in NFT popularity took place on the Ethereum blockchain, new projects tied to bitcoin and Solana have seen a spike in trading volume.

Activity is still way lower than two years ago, but there are signs to be optimistic, especially on high-end NFTs, said Lallement, who pointed out that two NFTs from the popular CryptoPunks collection recently sold for more than $15 million each.

A Goblintown-themed food truck, dubbed McGoblin Burger has been making pit stops at several NFTs.NYC events. The down-but-not-out crypto enthusiasts gathered in the pouring rain to scarf smash burgers outside the Cellar Dog in the West Village on Wednesday night.

A lot of people in the crypto space are like, were back, Taub said.

Welcome to @goblintown ? pic.twitter.com/smHadMT7Ia

Aside from building brand awareness, Taub said the truck will serve as a hub for the projects tight-knit community, who show up to crypto events in goblin masks in an oddball show of solidarity.

NFT proponents face an uphill climb to convince the general public. A report by dappGambl last year found that an eye-popping 95% of NFT investments had become worthless as crypto bottomed out.

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Through this week, the price of Bitcoin has jumped 53% to more than $67,000 since the start of the year. Ethereum, another popular digital currency closely tied to the NFT sector, is up 43% to $3,370.

Regarding the overall market, first thing to highlight is that crypto markets are highly cyclical and capital has a strong tendency to move to the new shiny thing, Lallement added.

Goblintown issued 10,000 NFTs for free just as the crypto sectors meltdown began in mid-2022. The project, which is loosely inspired by J.R.R. Tolkiens The Hobbit,” has poked fun at the inherent volatility and skepticism tied to crypto investments from the start. Its website initially joked that the founders have no roadmap and no utility.

Its a goblin kinda night pic.twitter.com/B7SYOpdJ31

Ive seen this so many times where we go up, theres euphoria, then it crashes, everyones like, this is over, and it comes back even stronger, Taub said. Every time, time and again, it does the same thing. Were just in that cycle.

The conference drew more than 16,000 attendees in 2022, but that number dropped to roughly 6,000 last year as Bitcoin imploded.

As The Post has reported, the jump in bitcoins price is largely related to the SECs approval of spot ETFs, which were taken as a vote of confidence from skeptical regulators and made crypto available to a wider pool of investors.  

NFT.NYC organizers could not immediately be reached for comment.

Taub said the co-founders decided to return the truck after a previous appearance at NFT.NYC in 2022 got a positive reaction. McGoblin Burger is a fixture in the NFT projects bizarro mythology.

Overall, the conference has a much more upbeat feeling than it did just one year ago.

Theres a lot of excitement. People who werent going to come now are coming. The vibes are very strong in terms of upbeat and positive. Its less like, were all going to make it and more like, crypto is inevitable, Taub added.

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Entertainment

Harvey Weinstein accuser felt ‘the unthinkable was happening’ during alleged assault

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Harvey Weinstein accuser felt 'the unthinkable was happening' during alleged assault

A former TV production assistant has told a court she felt “the unthinkable was happening” during an alleged assault by Harvey Weinstein.

Warning: This article contains references to sexual assault

Miriam Haley is the first of the former movie mogul’s accusers to testify at his retrial, which is taking place as New York’s highest court overturned Weinstein’s 2020 conviction.

The former studio boss, 73, has pleaded not guilty to one charge of rape and two of forcing oral sex. He denies sexually assaulting anyone.

Ms Haley, who also goes by the name Mimi Haleyi, today told the court Weinstein held her down and forced oral sex on her after she told him: “No, no – it’s not going to happen.”

She dabbed her eyes as she recalled in court what went through her mind during the alleged July 2006 assault.

“The unthinkable was happening, I just thought any unthinkable thing could happen,” she said. “I just didn’t know where it ended.”

Weinstein, sitting between his lawyers, shook his head as she spoke.

Ms Haley also testified at Weinstein’s initial trial.

Miriam Haley, an accuser testifying at Harvey Weinstein's rape trial, arrives to the courtroom after a break in New York, Tuesday, April 29, 2025. (AP Photo/Seth Wenig)
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Miriam Haley arriving to the courtroom yesterday. Pic: AP

She began her testimony yesterday by describing how she got to know Weinstein, saying she had some inappropriate and suggestive interactions with him, while others were polite and professional.

Ms Haley maintains she was always looking to forge a professional connection – not sex or romance – with the Miramax founder.

Read more: What has happened to the #MeToo movement?

Weinstein’s lawyers are yet to question Ms Haley, but the defence has sought, often unsuccessfully, to object to prosecutors’ questions, such as whether Ms Haley had any sexual interest in the then-powerful producer. She said she did not.

The defence has argued that all of Weinstein’s accusers consented to sexual activities with him in the hopes of getting work in show business.

The 73-year-old’s retrial includes charges based on allegations from Haley and Jessica Mann, an actress who alleges Weinstein raped her in 2013.

For the first time, he is also being tried on an allegation of forcing oral sex on a former model, Kaja Sokola, in 2006.

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Politics

UK joins US in strike on Houthi target in Yemen for first time since Donald Trump re-elected

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UK joins US in strike on Houthi target in Yemen for first time since Donald Trump re-elected

The UK has joined US forces in attacking a Houthi target in Yemen for the first time since Donald Trump was re-elected.

The Ministry of Defence (MoD) confirmed the strikes took place on Tuesday as part of the government’s response to Houthi attacks on international shipping in the Red Sea and Gulf of Aden.

The ministry said careful intelligence analysis identified a cluster of buildings used by the Houthis to manufacture the sort of drones used to attack ships, located 15 miles south of the capital Sanaa.

RAF Typhoon FGR4s conducted strikes on several buildings using Paveway IV precision-guided bombs.

The planes had air refuelling support from Voyager tankers.

The ministry said the strike was conducted after dark to reduce the likelihood of civilians being in the area.

All the aircraft returned safely.

John Healey during the press conference.
Pic: Reuters
Image:
John Healey. Pic: Reuters

Defence Secretary John Healey said: “This government will always act in the interests of our national and economic security.

“Royal Air Force Typhoons have successfully conducted strikes against a Houthi military target in Yemen and all UK aircraft and personnel have returned safely to base.

“We conducted these strikes, supported by the US, to degrade Houthi capabilities and prevent further attacks against UK and international shipping.”

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Houthis a ‘persistent threat’ to ‘freedom of navigation’

Mr Healey said Houthi activities in the Red Sea are a “persistent threat” to “freedom of navigation”.

“A 55% drop in shipping through the Red Sea has already cost billions, fuelling regional instability and risking economic security for families in the UK,” he said.

“The government is steadfast in our commitment to reinforcing global stability and protecting British working people. I am proud of the dedication and professionalism shown by the service men and women involved in this operation.”

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US intensifies strikes on Houthis

It was the first time UK forces have struck a target in Yemen since May last year, the ministry confirmed.

The US has intensified its strikes on the Iran-backed Houthis under Mr Trump’s presidency, after his re-election in November 2024.

The group began launching attacks on shipping routes in November 2023 saying they were in solidarity with Palestinians over Israel’s war with Hamas in Gaza.

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Houthi rebels allege US airstrike hit prison

The strike came after a Houthi-controlled TV channel claimed a US strike killed 68 people at a detention centre for African migrants in Yemen on Monday.

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Politics

Labour promised MPs a vote on Trump trade deal – now Starmer doesn’t seem so sure

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Labour promised MPs a vote on Trump trade deal - now Starmer doesn't seem so sure

Will MPs get a vote on a trade deal with Donald Trump?

It used to be Labour policy, though Sir Keir Starmer didn’t sound keen on the idea at Prime Minister’s Questions.

The PM was challenged, first by Lib Dem MP Clive Jones, who wants a guarantee that parliament has the final say on any trade deal, including one with the US.

“This idea is not new,” said Clive, who used to be a director of various toy companies, and was president, chairman and director of the British Toy and Hobby Association, no less.

“It’s exactly what Labour promised to do in an official policy paper put forward in 2021, so I am asking this government to keep their promise,” he continued.

And, toying with the PM, he complained: “Currently, members of parliament have no vote or voice on trade deals.”

In reply, Sir Keir gave one of those non-answers we’re becoming used to at PMQs, saying rather tetchily: “As he knows, parliament has a well-established role in scrutinising and ratifying trade deals.”

More on Keir Starmer

Later, Sir Ed Davey had a go. “Will the government give MPs a vote on the floor of the House on any deal he agrees with President Trump? Yes or no?” he asked.

He fared no better. Sir Keir said again: “If it is secured, it will go through the known procedures for this House.”

Read more on the trade deal:
US ‘positive’ on talks

Deal ‘possible’ but not ‘certain’

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Chancellor’s trade deal red lines explained

So what are parliament’s “well-established role” and “the known procedures”? And what exactly did Labour promise in opposition back in 2021?

The 2021 promise was, in fact, one of those worthy pledges parties make in opposition and then either conveniently forget about or water down when they’re in government. U-turn if you want to.

The policy paper referred to by Mr Jones was: “Labour’s trade policy: putting workers first” – published in September 2021 by Emily Thornberry when she was shadow international trade secretary.

The secretary of state at the time was none other than Liz Truss. Whatever happened to her? Come to think of it, whatever happened to Emily Thornberry?

Back then idealistic Emily declared in her policy paper: “We will reform the parliamentary scrutiny of trade agreements…

“So that MPs have a guaranteed right to debate the proposed negotiating objectives for future trade deals, and a guaranteed vote on the resulting agreements…”

A guaranteed vote. Couldn’t be clearer. And there was more from Emily.

“…with sufficient time set aside for detailed scrutiny both of the draft treaty texts and of accompanying expert analysis on the full range of implications, including for workers’ rights.”

Sufficient time for detailed scrutiny. Again, couldn’t be clearer.

Pic: PA
Image:
Starmer was pushed on the deal at PMQs. Pic: PA

Then came a section headed: Parliamentary Scrutiny of Trade Deals.

“The Constitutional Reform and Governance Act 2010 (CRAG) dictates that international treaties (including trade agreements) must be laid before parliament for a period of 21 sitting days before they can become law,” we were told back then.

“At present, a treaty can only be challenged and (temporarily) rejected by means of an opposition day debate, if one is granted by the government within that time.

“The CRAG legislation was agreed by parliament before Brexit was on the horizon. Its procedures for the ratification of trade treaties, which were then negotiated and agreed at EU level, were given no consideration during the passage of the Act, and no one envisaged that they would become the mechanism for parliamentary scrutiny of the government’s post-Brexit trade deals…

“Despite the flagrant evidence of the inadequacy of the CRAG Act to allow proper oversight of trade deals, the government repeatedly blocked numerous cross-party proposals to improve the processes for parliamentary scrutiny and approval during passage of the 2021 Trade Act.

“A future Labour government will return to those proposals, and learn from best practice in other legislatures, to ensure that elected MPs have all the time, information and opportunity they need to debate and vote on the UK’s trade deals, both before negotiations begin and after they conclude.”

So what’s changed from the heady days of Liz Truss as trade secretary and Labour’s bold pledges in opposition? Labour’s in government now, that’s what. Hence the U-turn, it seems.

Parliament’s role may be, as Sir Keir told MPs, “well-established”. But that, according to opponents, is the problem. It’s contrary to what Labour promised in opposition.

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Sir Ed hit back at the PM: “I’m very disappointed in that reply. There was no ‘yes’ or ‘no’ response. We do want a vote, and we will keep pressing him and his government on that.”

And true to their word, Mr Jones and another Lib Dem MP, Richard Foord, have already tabled private member’s bills demanding a final say on any trade deal with President Trump.

Watch this space. And also watch out for Labour MPs also backing demands for a Commons vote on a Trump trade deal before long.

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