NFTs and Art
Yuga Labs’ payout from Ripps and Cahen raised to nearly US$9 mln
Ryder Ripps and Jeremy Cahen must pay almost US$7 million in Yuga Labs’ attorneys’ fees, court documents show.
SlamX
Lens
NFTs and Art
Ryder Ripps and Jeremy Cahen must pay almost US$7 million in Yuga Labs’ attorneys’ fees, court documents show.
SlamX
NFT Marketplaces
Magic Eden Ethereum will be the first major marketplace to contractually obligate creator royalties.
Zoltan Vardai
NFTs and Gaming
Wreck League: New PVP NFT game with custom mechs set to dominate. Partnerships with Yuga Labs and Bored Ape Yacht Club promise big potential in shifting NFT market landscape.
Yehudah Petscher
Bitcoin News
Bitcoin and Ether fell during Monday afternoon trading in Hong Kong, with XRP leading losses in the top 10 non-stablecoin cryptocurrencies by market capitalization. Investor sentiment remained subdued given regulatory concerns and a lack of positive catalysts, industry experts told Forkast.
Zoltan Vardai
NFTs and Gaming
NFT prices and trading volume are dropping but this could be an indicator of a maturing market.
Yehudah Petscher
Bitcoin News
Less than two months since the launch of the Ordinals protocol, Bitcoin Ordinals are gaining traction. Yuga Labs announced its first Bitcoin-native NFT collection, on the same day Bitcoin Punks saw over 1,145 ETH in trading volume. Industry commentators told Forkast what this could be for the Bitcoin network.
Zoltan Vardai
Upcoming NFT Projects
Yuga Labs announced that it will launch TwelveFold later this week, its first NFT collection on the Bitcoin network.
Zoltan Vardai
Bitcoin News
From Terra and FTX crises to Ethereum’s triumphant Merge and China’s inventive NFT industry, Forkast reviews a rollercoaster year and its consequences.
Forkast.News
Regulation
The U.S. Securities and Exchange Commission (SEC) is reportedly probing Yuga Labs, Inc., the company behind the top-selling non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC), for its issuance of the digital assets, according to a Bloomberg report. See related article: SEC fines Kim Kardashian US$1.26 mln for promoting EthereumMax Fast facts The report […]
Dylan Butts
NFT Marketplaces
The 'virtual land' sale that broke Ethereum was also a fiasco for buyers. Should Yuga Labs have seen it coming and taken preventative action?
Anndy Lian