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Yuga Labs Sells IP Rights of Two NFT Games in Strategic Move – Here’s the Latest
19.4.2024
Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC) NFTs, has sold the IP rights of two of its games, Legends of the Mara and HV-MTL, to Web3 gaming firm Faraway. The move is part of a strategic restructuring effort to refocus the organization. Simultaneously, Yuga Labs' chief gaming officer...
Bored Ape NFT Prices Plummet to August 2022 Levels, Down 90% From Previous High – Are NFTs Going to Zero?
16.4.2024
During the 2021 cryptocurrency bull run, Bored Apes Yacht Club (BAYC) NFTs became one of the most demanded collections but ultimately succumbed to a decline in demand that impacted the whole NFT market.
The post Bored Ape NFT Prices Plummet to August 2022 Levels, Down 90% From Previous High –...
7-Day NFT Sales Increase by 37%, Bitcoin-Based Collections Lead
11.4.2024
Sales volumes of non-fungible tokens (NFTs) recorded a more than 37% increase to $277 million in the seven-day period ending April 11. Six of the top 10 collections with the largest sales volumes were Bitcoin-based NFTs. Some experts attribute the renewed interest in NFTs to the rise of real-world...
Yuga Labs Accuses Ryder Ripps of Destroying NFT Keys to Evade Court Order
14.3.2024
Bored Ape Yacht Club creators, Yuga Labs, are accusing artist Ryder Ripps of deliberately destroying access to his wallets containing RR/BAYC NFTs to avoid complying with a court order.
The post Yuga Labs Accuses Ryder Ripps of Destroying NFT Keys to Evade Court Order appeared first on Cryptonews
Bored Apes and Yuga Ethereum NFTs Experience Value Decline Despite Market Surge – Here’s the Latest
12.3.2024
Bored Ape Yacht Club (BAYC) NFTs were once the hottest bit of digital property on Ethereum’s NFT market but now Yuga Labs’s signature collection and other affiliated NFTs are posting new lows. The current floor price for BAYC, which indicates the lowest one can purchase it for,...
Yuga Labs’ Acquisition of Proof Fuels Moonbirds NFT Sales Uptick
17.2.2024
Friday saw Yuga Labs, known for creating the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) series, unveiled its acquisition of Proof, a notable NFT startup behind the Moonbirds collection. Kevin Rose, founder of Proof, will assume an advisory role within Yuga, and the startup’s team...
Artists Ordered to Pay $9 Million in BAYC Copyright Dispute
6.2.2024
Artists Ryder Ripps and Jeremy Cahen are mandated by a federal court to pay $9 million in damages to Yuga Labs, following a high-profile legal dispute over unauthorized use of the Bored Ape Yacht Club’s copyrighted non-fungible tokens (NFTs). Yuga Labs Wins Big as Artists Ordered to Pay up...
NFT Artist Ryder Ripps Must Dish Out $9M to Yuga Labs
5.2.2024
NFT artist Ryder Ripps and associate Jeremy Cahen must pay Bored Ape Yacht Club (BAYC) developer Yuga Labs nearly $9m in profit disgorgement. Both have been permanently banned from using the BAYC identifier in any logos or trademarks, a final court judgment on Friday showed. Additionally,...
Major NFT Indicies Stable After NFT Trader Hack
18.12.2023
Bored Ape Yacht Club and Mutant Ape Yacht Club NFTs were returned to their owners after Yuga Labs' Greg Solano and Boring Security DAO paid a bounty
P2P Platform NFT Trader Falls Victim to Security Flaw, $3 Million in Blue-Chip NFTs Lifted
17.12.2023
Reports indicate, and the peer-to-peer non-fungible token (NFT) market platform has confirmed, that the NFT platform NFT Trader experienced a security breach. An assailant exploited an outdated smart contract, resulting in the theft of nearly $3 million worth of esteemed digital collectibles...
Bored Ape Avatars Debut in Roblox’s New Kingship Islands Game
1.12.2023
Source: Adobe / Ascannio The iconic Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection has found a new home in the metaverse of Roblox, thanks to the metaverse-based “supergroup” Kingship. Developed by Universal Music Group’s 10:22PM, the fictional band Kingship...
Is ApeCoin Going to Zero? APE Price Plunges 2% in 1 Hour While Bitcoin Minetrix Locks in $4.5 Million of Fresh Investment
29.11.2023
Bored Ape Yacht Club (BAYC) governance token ApeCoin is continuing to grind down with resistance as APE price plunges -2% in an hour, but could this surging alternative token be a superior play amid $4.5m investment? ApeCoin has suffered challenging price action in recent weeks, following...
Asked to get a banana, a BAYC owner narrowly avoids a fake Forbes scam
27.11.2023
Scammers posing as Forbes journalists have been targeting BAYC holders to set up interviews and distract them while they attempt to steal their apes
Creator of Mutant Ape ripoff NFTs pleads guilty to $3M fraud scheme
15.11.2023
The French developer of the Mutant Ape Planet NFT collection faces up to five years in prison after pleading guilty to wire fraud charges
Legal Action Threatened Over Eye Injuries at ApeFest: Bored Ape NFT Holder Speaks Out
9.11.2023
Source: AdobeStock / alexandarilich Yuga Labs, the maker of the popular Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs), is now on legal notice over injuries sustained at ApeFest. The founder and CEO of art technology company Artfi, Asif Kamal, tweeted early on Thursday (UTC) that he...
Yuga Labs confirms UV lights likely cause of eye issues at ApeFest
9.11.2023
The Bored Ape Yacht Club’s official Twitter account said an investigation confirmed suspicions that UV lights were the likely cause of the reported eye and skin issues suffered by some attendees
Yuga Labs Confirms UVA-A Emitting Lights Cause of ApeFest Eye Issues
9.11.2023
Numerous participants exhibited signs of photokeratitis, an ailment resulting from ultraviolet (UV) light exposure, after last weekend's event
Attendees of Yuga Labs’ ApeFest Event Report Eye-Related Issues; Yuga Labs Investigating Cause
7.11.2023
Source: AdobeStock / alexandarilich Attendees of the Yuga Labs ApeFest event in Hong Kong have reported suffering burns, eye damage, and extreme pain in their eyes after attending the event. The attendees at the Yuga Labs ApeFest event in Hong Kong on November 4 suffered eye burns, impaired...
ApeFest Attendees Report Severe Eye Burn. BAYC Says Less Than 1% Have Symptoms
6.11.2023
Attendees of a ApeFest, an event hosted by Bored Ape Yacht Club creators Yuga Labs, have been receiving medical care after reporting blurred vision and burning eyes
The Simpsons Take a Dig at NFTs, Crypto in 'Treehouse of Horror' Episode
6.11.2023
"Remember how we were always saying we wish Bart was less fungible," Homer asks Marge after he puts his son on-chain