Articles filed under
Yuga Labs
20 articles
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.
Yuga Labs, Magic Eden to launch Ethereum NFT marketplace with enforced royalties
Magic Eden Ethereum will be the first major marketplace to contractually obligate creator royalties.
NFT gamers ready to get wrecked
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.
Bitcoin, Ether slip as XRP leads declines in top 10 cryptos
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.
Trading, talent and tech leveling up in NFTs
NFT prices and trading volume are dropping but this could be an indicator of a maturing market.
Bitcoin Punks exceed 1,145 ETH in daily trading volume as Bitcoin Ordinals gain traction
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.
Yuga Labs to launch its first Bitcoin-based NFTs TwelveFold
Yuga Labs announced that it will launch TwelveFold later this week, its first NFT collection on the Bitcoin network.
A year to remember, a year to forget: Crypto highs and lows of 2022
From Terra and FTX crises to Ethereum’s triumphant Merge and China’s inventive NFT industry, Forkast reviews a rollercoaster year and its consequences.
Are NFTs securities? Bored Ape creator Yuga Labs faces SEC probe
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 […]
Bored Apes — NFTs take over the planet | NFT Moments in History Ep. 11
Forkast x CryptoSlam! are proud to present Moments in NFT History — an explainer video series hosted by Forkast’s Joel Flynn that gives you a front-row seat to history-in-the-making. Bored Ape Yacht Club, and the NFTs they refer to, Bored Apes, may well be the most popular token ever, so much so that they might […]
How Yuga Labs’ NFT sale failed to put its community first
The ‘virtual land’ sale that broke Ethereum was also a fiasco for buyers. Should Yuga Labs have seen it coming and taken preventative action?
Terra plunges back to earth as UST stablecoin loses dollar peg
Top blockchain and crypto news: UST knocked out of Luna orbit. Making NFTs Instagrammable. China’s black market ‘digital collectibles’ trade.
Otherdeeds NFT sale puts Ethereum scalability in glaring spotlight
Top blockchain and crypto news: Otherdeeds debacle stings with gas fee spike. Algorand scores World Cup deal. Will China be forced to embrace Bitcoin?
Yuga Labs Otherside NFTs top US$285 mln; over US$175 mln in ETH gas guzzled
Yuga Labs’ long-awaited metaverse project Otherside debuted on Saturday in a non-fungible token (NFT) land sale to generate US$285 million but also clogged the Ethereum network to cost investors millions in gas fees. See relates article: Bored Apes creator to launch new metaverse ‘Otherside’ Fast facts Traders snapped up a limited supply of 55,000 “Otherdeeds” […]
ApeCoin cracks US$26, now largest metaverse token ahead of Otherside
ApeCoin (APE) set a new high at US$26.70 on Friday morning Asia time, and is now the largest metaverse token by market cap, ahead of the launch of the Otherside on Saturday. See related article: What is ApeCoin and How It Made The Bored Apes Richer Fast facts The APE ecosystem’s governance token was trading […]
Bored Apes set for movie debut with Coinbase
Bored Ape Yacht Club (BAYC) will make its silver screen debut in a film trilogy produced in partnership with Coinbase, the Nasdaq-listed cryptocurrency exchange announced on Tuesday. See related article: Apes Gone Wild! BAYC ‘selling like crazy’ amid otherwise sluggish NFT market Fast facts The first film in the short animated trilogy entitled “The Degen […]
NFT buyers dip for a second straight month
In contrast to the rising crypto market, NFT sales have declined significantly in March, but one industry watcher says there’s no need to panic just yet.
Echoes of El Salvador as Malaysian minister calls for crypto adoption
Top blockchain and crypto news: Bitcoin buzz in Malaysia. Yuga Labs teases Otherside. Blockchain verdict in China.
Apes Gone Wild! BAYC ‘selling like crazy’ amid otherwise sluggish NFT market
Strong sales from leading NFT series may be a sign the market is maturing as investors become more discerning, observers say.
BAYC creator Yuga Labs raises valuation to $4B
Bored Ape Yacht Club creator Yuga Labs announced on Wednesday Asia time that it has raised US$450 million in a funding round, bringing the Web 3.0 company to a total valuation of US$4 billion. See related article: The future is decentralized: How Web3 can reshape the world Fast facts The funding round was led by […]