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Web3 and NFT Hot Topics This Week (107)
Welcome to OpenSea’s digest, our look back at the biggest NFT and Web3 news of the week.
Niceaunties brings surreal art to L’Oréal Paris for longevity and beauty event
Singaporean artist and Auntieverse creator Niceaunties made her debut at the L'Oréal Paris headquarters as part of a private event themed around longevity and beauty.
The iconic Auntie character appears in a new installation that features a mix of recent and earlier works, all centered around themes of transformation, beauty, and everyday humor.
One piece created specifically for the event is a lifelike sculpture created in collaboration with prosthetic artist Valter Adam Casotto and his partner Martine. The duo is known for their lifelike makeup techniques, and the sculpture includes playful details such as green spinach on the teeth, adding a lifelike approachability to the exhibition.
Niceaunties brings surreal art to L’Oréal Paris for longevity and beauty event
Singaporean artist and Auntieverse creator Niceaunties made her debut at the L'Oréal Paris headquarters as part of a private event themed around longevity and beauty.
The iconic Auntie character appears in a new installation that features a mix of recent and earlier works, all centered around themes of transformation, beauty, and everyday humor.
One piece created specifically for the event is a lifelike sculpture created in collaboration with prosthetic artist Valter Adam Casotto and his partner Martine. The duo is known for their lifelike makeup techniques, and the sculpture includes playful details such as green spinach on the teeth, adding a lifelike approachability to the exhibition.
万宝宝爱稳健:
跟单我，稳健盈利，月化率25%！不用自己盯盘！务必定比跟单！跟单者亏就是因为搞了定额😓
Yuga Labs proposed to dissolve ApeCoin DAO 🙊
Yuga Labs has proposed discontinuing the ApeCoin DAO and creating a new entity to develop the $APE token ecosystem
Greg Solano, CEO of Yuga Labs, called the ApeCoin DAO a bold but outdated experiment. He said the promising endeavor has turned into “slow, noisy and often unserious management theater.”
To preserve and improve DAO's only useful function - funding developers - Yuga Labs proposes to replace it with a new organization called ApeCo.
Resources will be focused on developing three key areas of the ecosystem: the ApeChain blockchain, the NFT Bored Ape Yacht Club collection, and the Otherside meta-universe. The company also plans to empower “real” developers through staggered grants and tighter oversight.
#APE #ApeCoin #YugaLabs
Yuga Labs has proposed discontinuing the ApeCoin DAO and creating a new entity to develop the $APE token ecosystem
Greg Solano, CEO of Yuga Labs, called the ApeCoin DAO a bold but outdated experiment. He said the promising endeavor has turned into “slow, noisy and often unserious management theater.”
To preserve and improve DAO's only useful function - funding developers - Yuga Labs proposes to replace it with a new organization called ApeCo.
Resources will be focused on developing three key areas of the ecosystem: the ApeChain blockchain, the NFT Bored Ape Yacht Club collection, and the Otherside meta-universe. The company also plans to empower “real” developers through staggered grants and tighter oversight.
#APE #ApeCoin #YugaLabs
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Yuga Labs is proposing to dissolve the ApeCoin DAO to replace it with a new entity controlled by #YugaLabs named ApeCo. Yuga Labs CEO, Greg Solano (Garga), believes that the ApeCoin DAO, which was once a "bold experiment" since 2022, has become "slow, noisy, and often lacking seriousness" in governance.
According to the proposal, all assets and responsibilities of the DAO will be transferred to ApeCo. ApeCo will focus on "driving the APE ecosystem by supporting high-quality builders and reinforcing three core pillars: ApeChain, Bored Ape Yacht Club, and Otherside." This aims to bring "clarity and strategic direction" to the ApeCoin ecosystem, something Solano has emphasized since he returned to the CEO position of Yuga Labs.
If approved, the proposal will completely dissolve #ApeCoin DAO, nullify previous AIP (ApeCoin Improvement Proposals), and terminate working groups as well as the election process. This move is part of Yuga Labs' broader strategy to refocus on its core collections after relinquishing the intellectual property of Moonbirds, CryptoPunks, and Meebits.
The ApeCoin token ($APE ) has dropped more than 7% in the past 24 hours to 0.66 USD, down over 97% from its all-time high in April 2022. However, the initial community reaction to this idea is quite positive, with many supporting the change for greater efficiency. This proposal needs to be considered by the special council of the ApeCoin DAO before being put to a vote.
#anhbacong
According to the proposal, all assets and responsibilities of the DAO will be transferred to ApeCo. ApeCo will focus on "driving the APE ecosystem by supporting high-quality builders and reinforcing three core pillars: ApeChain, Bored Ape Yacht Club, and Otherside." This aims to bring "clarity and strategic direction" to the ApeCoin ecosystem, something Solano has emphasized since he returned to the CEO position of Yuga Labs.
If approved, the proposal will completely dissolve #ApeCoin DAO, nullify previous AIP (ApeCoin Improvement Proposals), and terminate working groups as well as the election process. This move is part of Yuga Labs' broader strategy to refocus on its core collections after relinquishing the intellectual property of Moonbirds, CryptoPunks, and Meebits.
The ApeCoin token ($APE ) has dropped more than 7% in the past 24 hours to 0.66 USD, down over 97% from its all-time high in April 2022. However, the initial community reaction to this idea is quite positive, with many supporting the change for greater efficiency. This proposal needs to be considered by the special council of the ApeCoin DAO before being put to a vote.
#anhbacong
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Yuga Labs proposed to dissolve the ApeCoin DAO
Yuga Labs, known for Bored Ape Yacht Club, proposed radical changes to the ApeCoin ecosystem on June 5, 2025. According to CEO Greg Solano, the ApeCoin DAO, created in 2022 for decentralized APE token governance, has proven ineffective. In the new proposal (AIP), Solano called for the dissolution of the DAO, describing it as a 'slow and unproductive governance theater' that funds low-impact projects.
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🤙The SEC has officially closed the investigation into Yuga Labs
After more than 3 years of investigation, the U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into Yuga Labs without any enforcement action.
This is a major victory not only for Yuga Labs but also for the entire NFT industry and the creative community within this ecosystem.
This outcome also reinforces the position that NFTs are not securities, paving the way for stronger development of the Web3 industry in the future.
#SEC #YugaLabs #nft
After more than 3 years of investigation, the U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into Yuga Labs without any enforcement action.
This is a major victory not only for Yuga Labs but also for the entire NFT industry and the creative community within this ecosystem.
This outcome also reinforces the position that NFTs are not securities, paving the way for stronger development of the Web3 industry in the future.
#SEC #YugaLabs #nft
JUST IN: Yuga Labs announces that after 3+ years, the 🇺🇸SEC has officially closed its investigation 👏
#nft #nfts #CryptoNewss pto #USDTfree a #Shibarium ec #YugaLabs s
$XRP
$SOL
$BNB
#nft #nfts #CryptoNewss pto #USDTfree a #Shibarium ec #YugaLabs s
$XRP
$SOL
$BNB
Off The Grid unveils a partnership with Bored Ape Yacht Club
Gunzilla Games' #OffTheGrid partners with #BoredApeYachtClub , an Ethereum-based #NFT project created by #YugaLabs . As part of this partnership, the BAYC content pack, "APE-RIL," will be integrated into Off The Grid, a AAA battle royale third-person shooter.
#GunzillaGames , founded in 2020, is an independent game studio focused on creating next-generation gaming experiences by leveraging advanced technology. It has raised $76M in two funding rounds backed by Morningstar Ventures, CoinFund, Blizzard Fund, Republic Capital and others.
👉 x.com/playoffthegrid/status/1907428465092997577
Gunzilla Games' #OffTheGrid partners with #BoredApeYachtClub , an Ethereum-based #NFT project created by #YugaLabs . As part of this partnership, the BAYC content pack, "APE-RIL," will be integrated into Off The Grid, a AAA battle royale third-person shooter.
#GunzillaGames , founded in 2020, is an independent game studio focused on creating next-generation gaming experiences by leveraging advanced technology. It has raised $76M in two funding rounds backed by Morningstar Ventures, CoinFund, Blizzard Fund, Republic Capital and others.
👉 x.com/playoffthegrid/status/1907428465092997577
🔶️😇
Gucci is ✨️🚀
Continuing to explore the #Metaverse the House comes together with #yugalabs
Stay tuned as a new narrative takes shape, blurring the boundaries between the physical and digital #nftcommunity #bayc #NFT
Gucci is ✨️🚀
Continuing to explore the #Metaverse the House comes together with #yugalabs
Stay tuned as a new narrative takes shape, blurring the boundaries between the physical and digital #nftcommunity #bayc #NFT
Yuga Labs discloses acquisition of a team from Tokenproof
#YugaLabs acquaires a team from #Tokenproof to strengthen its #NFT infrastructure and expand utility within the #Web3 ecosystem. Through this acquisition, Tokenproof’s tech team will join Yuga Labs’ research and development division, “The Workshop”.
Yuga Labs is a blockchain technology company that develops NFTs and digital collectibles.
👉 cointelegraph.com/news/yuga-labs-tokenproof-acquisition-nft-innovation
#YugaLabs acquaires a team from #Tokenproof to strengthen its #NFT infrastructure and expand utility within the #Web3 ecosystem. Through this acquisition, Tokenproof’s tech team will join Yuga Labs’ research and development division, “The Workshop”.
Yuga Labs is a blockchain technology company that develops NFTs and digital collectibles.
👉 cointelegraph.com/news/yuga-labs-tokenproof-acquisition-nft-innovation
Faces Legal Threat from ARTIFY CEO.
Art technology firm Artfi's CEO, , is pursuing legal action against Yuga Labs, the entity behind Bored Ape Yacht Club ( ), in the aftermath of an incident during ApeFest in Hong Kong.
Kamal, who suffered an eye infection and facial burns during the event, voiced his dissatisfaction with the negligence that resulted in his injuries and has taken legal measures to rectify the situation.
Art technology firm Artfi's CEO, , is pursuing legal action against Yuga Labs, the entity behind Bored Ape Yacht Club ( ), in the aftermath of an incident during ApeFest in Hong Kong.
Kamal, who suffered an eye infection and facial burns during the event, voiced his dissatisfaction with the negligence that resulted in his injuries and has taken legal measures to rectify the situation.
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Yuga Labs Seeks $400,000 From Influencer's Crypto Wallet: The Legal Battle is Not Over
A high-profile lawsuit between Yuga Labs – the creator of the Bored Ape Yacht Club (BAYC) NFT collection – and influencer Jeremy Cahen (Pauly0x) is entering a new phase, as the company requests the court to seize nearly $400,000 from Cahen's crypto wallet to enforce the legal ruling.
The lawsuit stems from the 'derivative parody' of BAYC
Everything began in July 2022, when #YugaLabs filed a lawsuit against Jeremy Cahen and artist Ryder Ripps for releasing an NFT collection called 'Ryder Ripps Bored Ape Yacht Club' – accused of infringing the BAYC trademark. Ryder Ripps claims this collection is a form of parody and protest, alleging that BAYC NFTs contain racist imagery and are linked to Nazism.
The lawsuit stems from the 'derivative parody' of BAYC
Everything began in July 2022, when #YugaLabs filed a lawsuit against Jeremy Cahen and artist Ryder Ripps for releasing an NFT collection called 'Ryder Ripps Bored Ape Yacht Club' – accused of infringing the BAYC trademark. Ryder Ripps claims this collection is a form of parody and protest, alleging that BAYC NFTs contain racist imagery and are linked to Nazism.
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This Week in Web3 and NFTs (36)
Welcome to the OpenSea Digest, where we review the biggest NFT and web3 news of the week.
Refik Anadol creates the world’s first open source nature-based generative AI model
This week, Turkish-American artist Refik Anadol unveiled “Living Archive: Nature,” a generative art installation created from a dataset Anadol describes as “the world’s first nature-centered "Open Source Artificial Intelligence Model", which was unveiled for the first time at the 54th World Economic Forum in Davos, Switzerland.
Refik Anadol creates the world’s first open source nature-based generative AI model
This week, Turkish-American artist Refik Anadol unveiled “Living Archive: Nature,” a generative art installation created from a dataset Anadol describes as “the world’s first nature-centered "Open Source Artificial Intelligence Model", which was unveiled for the first time at the 54th World Economic Forum in Davos, Switzerland.
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Yuga Labs is facing a crisis after its NFTs were liquidated on a large scale
While Bitcoin NFTs are enjoying a boom, the darkest moment of Yuga Labs has caused many NFT holders to break their guard. In addition to being helpless at the continued decline and liquidation of leading NFTs, it also shows that the entire Ethereum NFT is difficult to Change the long-term decline in the short term.
Its NFT is about to break, facing large-scale auction liquidation
As emerging NFTs such as Bitcoin and Solana attract user attention and funds, the floor price of blue-chip NFTs in the Ethereum ecosystem has recently fallen.
Blur data shows that in the past seven days, NFTs such as MAYC, Pudgy Penguins, Azuki, DeGods, CloneX and Moonbirds have experienced varying degrees of decline, up to nearly 30%. Among them, as the leaders of the Ethereum NFT market, BAYC and MAYC are continuing to decline. embarrassing situation.
Its NFT is about to break, facing large-scale auction liquidation
As emerging NFTs such as Bitcoin and Solana attract user attention and funds, the floor price of blue-chip NFTs in the Ethereum ecosystem has recently fallen.
Blur data shows that in the past seven days, NFTs such as MAYC, Pudgy Penguins, Azuki, DeGods, CloneX and Moonbirds have experienced varying degrees of decline, up to nearly 30%. Among them, as the leaders of the Ethereum NFT market, BAYC and MAYC are continuing to decline. embarrassing situation.
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a16z: NFT ladder, the evolution of brands
One of the goals of our new book The Everything Token is to unlock the business potential of NFTs. Currently, national and international brands are already using NFTs in some consumer-facing activities, but we think many more brands can benefit from this technology. We don’t want local businesses to be left behind, and NFTs provide them with the opportunity to engage fans and communities.
To that end, we’ve created a blueprint for builders—everyone from startup team members to small business managers to big brand executives—by describing a five-step framework for success: the NFT ladder.
To that end, we’ve created a blueprint for builders—everyone from startup team members to small business managers to big brand executives—by describing a five-step framework for success: the NFT ladder.
ApeCoin Dips as Yuga Issues Free Version of Dookey Dash- $APE
-Yuga Labs taps Faraway Game Studio to bring Dookey Dash to Web2.
-ApeCoin bounced back 36% from the all-time lows hit three months ago.
-ApeCoin DAO is voting to pick a partner for ApeChain L1.
Yuga Labs had committed themselves to making Dookey Dash accessible to Web2 players. New elements have been added to the redesigned, free-to-play Dookey Dash game, such as sluggish and magnetic boosters that can be found during the player's never-ending voyage through the virtual sewer.
Credits- Zoopie.
#yugalabs #Cryptoniteuae #Dookeydash
-Yuga Labs taps Faraway Game Studio to bring Dookey Dash to Web2.
-ApeCoin bounced back 36% from the all-time lows hit three months ago.
-ApeCoin DAO is voting to pick a partner for ApeChain L1.
Yuga Labs had committed themselves to making Dookey Dash accessible to Web2 players. New elements have been added to the redesigned, free-to-play Dookey Dash game, such as sluggish and magnetic boosters that can be found during the player's never-ending voyage through the virtual sewer.
Credits- Zoopie.
#yugalabs #Cryptoniteuae #Dookeydash
🚨 BREAKING: Yuga Labs Moves to Seize Assets in Lawsuit Against Ryder Ripps & Jeremy Cahen! Aka @pauly0x ! 🚨
U.S. Marshals have served a bank levy on Bank of America in connection with Yuga Labs’ lawsuit against Ryder Ripps & Jeremy Cahen.
📌 Case: 2:22-cv-04355-JFW-RAO
📌 Filed: 03/04/25 (March 4, 2025)
📌 Action: Bank levy (court order to seize funds)
📌 Served By: U.S. Marshals
📌 Target: Defendants’ bank account at Bank of America
Yuga Labs is taking serious steps to enforce a judgment, could this be the final blow in their legal battle? 👀💰⚖️
#NFT #crypto #Lawsuit #YugaLabs #BAYC $BTC $APE
U.S. Marshals have served a bank levy on Bank of America in connection with Yuga Labs’ lawsuit against Ryder Ripps & Jeremy Cahen.
📌 Case: 2:22-cv-04355-JFW-RAO
📌 Filed: 03/04/25 (March 4, 2025)
📌 Action: Bank levy (court order to seize funds)
📌 Served By: U.S. Marshals
📌 Target: Defendants’ bank account at Bank of America
Yuga Labs is taking serious steps to enforce a judgment, could this be the final blow in their legal battle? 👀💰⚖️
#NFT #crypto #Lawsuit #YugaLabs #BAYC $BTC $APE
June 2 – Asia tightens grip, while adoption expands—Singapore cracks down, South Korea opens up, and Metaplanet keeps stacking Bitcoin.
#CryptoNews #SingaporeCrypto #Bitcoin #Metaplanet #NFTs #YugaLabs #Web3 #CryptoRegulation #ETFs
#CryptoNews #SingaporeCrypto #Bitcoin #Metaplanet #NFTs #YugaLabs #Web3 #CryptoRegulation #ETFs
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