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Yuga Labs acquires Moonbirds NFT brand, PROOF
19.2.2024
Yuga Labs, a leading Web3 media and lifestyle company, which is also the creator of CryptoPunks, 10KTF, and Meebits and the creator of TwelveFold, Otherside, and Bored Ape Yacht Club, acquired PROOF, which includes the PROOF Moonbirds, Collective, Grails, and Mythics exhibition series....
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...
Insider Trading in the NFT Market? Moonbirds’ Unusual Sales Activity Before Yuga Deal
17.2.2024
Prices and trading volume for the Ethereum NFT collection Moonbirds experienced a significant surge on Friday following the announcement of Yuga Labs’ acquisition of the collection’s intellectual property alongside creator Proof. However, there were also considerable spikes in sales...
CryptoPunks Reveals Details For Its Punk In Residence Incubator Program + More NFT News
9.2.2024
In NFT news today, after a couple of days of increasing non-fungible token (NFT) sales volume, the market is back in red. According to CryptoSlam, the sales volume is down nearly 13% over the past day to $42,137,944. Buyers, sellers, and transactions are all down by just above 30%. Looking at...
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...
Nobody’s Mint Tops NFT Volume Charts + More NFT News
5.2.2024
The non-fungible token (NFT) market is having (mostly) a good day, with several collection making it to the NFT news rounds. The sales volume is up 28% to $35,570,470 over the past 24 hours, according to CryptoSlam. Buyers are down 4%, and sellers are up 9%. Transactions are down 7%. As for...
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,...
Top NFT News Today – 12 January, 2024
12.1.2024
Source: hub.cryptopunks.app The non-fungible token (NFT) revival seems to be well on its way for now. And today is quite a Yuga Labs day. Last November, Yuga Labs announced a collaboration with Magic Eden to launch the Magic Eden Ethereum Marketplace by the end of the year. The team, however, said...
Yuga Labs metaverse projects dominate 2023 digital land NFT sales
26.12.2023
The year 2023 ends this week, and a list is out to demonstrate how strong Yuga Labs was with its projects in terms of digital land NFT sales. Reports say that almost 80–70% of the projects on the list belong to Yga Labs. Projects in talks are Otherdeed for Otherside and Otherdeed Expanded....
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...
Nifty News: The Simpsons roast NFTs, Yuga Labs exec departs after anti-semitic tweets and more
7.11.2023
The Simpsons poked fun at NFTs in their annual halloween special but degens still managed to take advantage of the publicity to hoist an NFT collection to near top of the charts
Magic Eden and Yuga Labs Unveil Ethereum NFT Marketplace to Protect Creator Royalties
6.11.2023
Yuga Labs has announced a collaboration with Magic Eden to introduce the Magic Eden Ethereum Marketplace, scheduled for release before the end of the year. In a press release on Saturday, the two companies announced that the Magic Eden Marketplace would become the first major Ethereum marketplace...
Yuga Labs addresses Apefest ‘vision damage’ issue; community calls out poor management
6.11.2023
The Bored Ape community was not very impressed by the Yuga Labs' reaction to the mishap, calling out their lack of basic health management at the event
Yuga Labs & Magic Eden team up to launch new Ethereum Marketplace
6.11.2023
Yuga Labs, a leader in the Web3 space and the owner of BAYC (Bored Ape Yacht Club), Meebits, 10KTF, CryptoPunks, Twelvefold, and Otherside, recently announced a partnership with Magic Eden, a pioneer in cross-chain NFTs, to launch an Ethereum-based marketplace for Magic Eden by December 2023. This...
Physical CryptoPunks, Mercedes NFTs, and Yuga Labs wins ‘copycat’ lawsuit: Nifty Newsletter
1.11.2023
YugaLabs won a $1.57 million court battle against NFT artists Ryder Ripps and Jeremy Cahen because of disgorgement and damages
Yuga Labs Awarded $1.6 Million in Damages in NFT Copyright Infringement Lawsuit Against Ryder Ripps
27.10.2023
A California federal judge said that Yuga Labs, the blockchain company behind some of the most popular collectibles of the NFT boom, is entitled to receive nearly $1.6 million in damages, plus legal fees, from a conceptual artist and his business partner who copied Bored Ape’s NFT art....
Ryder Ripps ordered to pay Yuga Labs $1.6M in copyright lawsuit
27.10.2023
The NFT artists were also ordered to cover Yuga Labs’ legal fees after determining the trademark infringement constituted an “exceptional case.”