Bored Ape Yacht Club

Yuga Labs’ Acquisition of Proof Fuels Moonbirds NFT Sales Uptick

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 plans to integrate into the Yuga framework. Moonbirds NFT […]

Go to Source

Yuga Labs co-founder addresses come-back rumors amid ongoing health break

Wylie Aronow said he’s been seeing a number of tweets this week asking when he’s planning to return to the helm at Yuga Labs.

Go to Source

Creator of Mutant Ape ripoff NFTs pleads guilty to $3M fraud scheme

The French developer of the Mutant Ape Planet NFT collection faces up to five years in prison after pleading guilty to wire fraud charges.

Go to Source

Yuga Labs confirms UV lights likely cause of eye issues at ApeFest

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.

Go to Source

ApeFest attendees report ‘extreme pain’ and vision problems after event

Several attendees of Yuga Labs’ ApeFest event in Hong Kong reported eye pain and vision loss, claiming they were exposed to improper lighting.

Go to Source

Elon Musk slams NFTs but ends up arguing the case for Bitcoin Ordinals

Elon Musk argued that NFT projects “should at least encode the JPEG in the blockchain,” to the delight of many Bitcoiners.

Go to Source

Ryder Ripps ordered to pay Yuga Labs $1.6M in copyright lawsuit

The NFT artists were also ordered to cover Yuga Labs’ legal fees after determining the trademark infringement constituted an “exceptional case.”

Go to Source

‘I’m still not seeing it’ — Judges skeptical of Ryder Ripps’ BAYC appeal

The lawyer representing Ryder Ripps and Jeremy Cahen struggled to convince a panel of judges that Yuga Labs’ case against his clients should be thrown out under California’s anti-SLAPP statute.

Go to Source

NFT Sales Surge 31% This Week as Bitcoin NFTs Secure Second Place in Blockchain Sales

Non-fungible token (NFT) sales witnessed a minor rise last week, registering a humble increase of around 1.46% compared to the preceding week. The cumulative value of NFT sales amounted to $149.31 million from April 29 to May 6, 2023. Nevertheless, the most recent week exceeded anticipations, as sales skyrocketed by 31.22%. Throughout the seven-day interval, […]

Go to Source

NFT Sales Drop for Second Consecutive Month After Record-Breaking Start to 2023

Sales of non-fungible tokens (NFTs) have declined by 5.76% over the past 30 days, according to the latest NFT sales statistics. The data reveals that the sales figure stood at $732.13 million in April, which is $44.75 million lower than the $776.88 million recorded in March. NFT Sales Decline by 5.76% in April, Ethereum Dominates, […]

Go to Source