YUGA LABS
Yuga Labs Legal Battle Escalates as Defendants Allegedly Thwart Court Orders
Yuga Labs' lawsuit sees non-compliance accusations against defendants, potentially impacting the NFT and cryptocurrency landscape.
Yuga Labs: The Conglomerate of NFT Marketplaces and Digital Collectibles
Explore the influential role of Yuga Labs in shaping the NFT landscape with its array of popular collections like BAYC and Cryptopunks
Magic Eden Launches Ethereum Marketplace in Alliance with Yuga Labs
Magic Eden debuts its Ethereum marketplace, collaborating with Yuga Labs to uphold creator royalties in the evolving NFT landscape.
Health Concerns Arise at ApeFest 2023: Investigation Links Symptoms to UV-A Lighting
Yuga Labs has investigated health issues following ApeFest 2023, identifying UV-A lights as the probable cause. Those affected are advised to seek medical advice and contact Yuga Labs for support.
Yuga Labs Launches TwelveFold: Bitcoin Based Generative Art
Yuga Labs has launched TwelveFold, a 300-piece generative art collection on the Bitcoin blockchain. The project uses the Ordinal Theory protocol to locate inscribed satoshis, with participants submitting puzzle answers through various wallets. The technology, "inscribing," is a significant step in NFT evolution.
Yuga Labs Acquires Roar Studios to Expand Metaverse Vision
Yuga Labs, known for Bored Ape Yacht Club, has agreed to acquire Roar Studios, enhancing its metaverse vision.
Yuga Labs Appoints Former Activision Blizzard COO as CEO
Yuga Labs has hired former Activision Blizzard COO, Daniel Alegre, as its new CEO. Alegre will lead the NFT startup that created the Bored Ape Yacht Club and CryptoPunks collections, following his departure from Activision Blizzard. His arrival is seen as a significant move for the NFT industry.
Yuga Labs earns millions from new NFT collection
Yuga Labs has made millions on a new NFT collection it minted in the next step of its “Dookey Dash” web game.
Jimmy Fallon Fights Subpoena in NFT Legal Battle
Lawyers for Jimmy Fallon have filed a petition to quash a subpoena requiring him to testify in the Yuga Labs Inc. v. Ripps et al. case, stating that he has no connection to the dispute. Meanwhile, Getty Images has partnered with NFT platform Candy Digital to offer rare photos in NFT form, starting with photographs from its 1970s music and culture collection. The NFT market is experiencing growth, with marketplace volume increasing for the fourth consecutive month in February. To provide more comprehensive insights into the NFT economy, Forkast Labs has launched a series of NFT indexes, including the Forkast 500 NFT index that measures performance across 21 blockchains.
NFT Firm Yuga Labs Faces Criticism Over Bitcoin Auction Plan
Yuga Labs has come under fire from the cryptocurrency community for its plan to auction its new Bitcoin NFT collection. The company's plan requires participants to send their entire bid amount in Bitcoin to a unique BTC address controlled by Yuga, and winners would pay up the BTC they bid while Yuga said it would return BTC to those unsuccessful in placing a top bid. The manual refund process for unsuccessful bids and the potential for significant price discrepancies in the top 288 bids have led to criticism from some within the crypto community.
Bored Ape Yacht Club Creators Launch Bitcoin NFT Collection
Yuga Labs, the creators of the Bored Ape Yacht Club (BAYC), have launched a new collection of 300 tokenized computer-generated artworks on Bitcoin called TwelveFold. The collection is based on mathematics, time, and the Bitcoin blockchain. The announcement comes amidst falling search interest for NFTs, however, trading volume data for February indicates the market is still strong. In other news, the Golden Key NFT, won by Twitch streamer Mongraal in a Dookey Dash competition hosted by Yuga Labs, has been sold for 1,000 Ether to BAYC NFT hodler Adam Weitsman. Polygon Foundation has partnered with Lotte Group to host the conglomerate's NFT projects on its Ethereum layer 2 scaling network Polygon, and intends to develop its Web3 initiatives in partnership with Polygon. Finally, a group of Japanese tech companies have agreed to forward the creation of the Japan Metaverse Economic Zone and an open metaverse infrastructure called "Ryugukoku."
Yuga Labs Sets Up BAYC Community Council to Boost Innovations
The council brings together seven long-standing community members that have a proven track record of supporting the collection.
Yuga Labs to Raise $50m by Launching New NFT Collection "Mecha Apes"
Yuga Labs, the startup that developed the Bored Ape Yacht Club (BAYC) series of NFTs, plans to launch a new NFT series, “Mecha Apes”, by the end of this year.
MTV Awards Feature Eminem and Snoop Dogg as Bored Apes
The push into the metaverse is taking a new turn for the positive as the duo of Snoop Dogg and Eminem performed in the metaverse at the MTV Music Video Awards on Sunday.
CryptoPunk, Meebits Owners can now Create Commercial Projects With Their NFTs
The announcement comes following Yuga Labs' release of its long-awaited IP licensing deal for CryptoPunk and Meetbits NFT holders.