YugaLabs
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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
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Greg Solano, CEO of Yuga Labs, called the ApeCoin DAO a bold but outdated experiment.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Greg Solano, CEO of Yuga Labs, called the ApeCoin DAO a bold but outdated experiment.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
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
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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.
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
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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.
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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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In conversation with Sergio Silva of MeebCo
In 2021, Sergio Silva discovered CryptoPunks, which changed the trajectory of his life. Sergio, a former trader at Goldman Sachs and Barclays, jumped from traditional finance to NFT and was attracted by the cultural change brought about by digital ownership. Since then, he has been a promoter in the Web3 field and recently took the helm of MeebCo - the new home of the iconic Meebits series.
In this conversation, Sergio reflects on his initial entry into the world of NFTs, why Meebits remains an artistically outstanding achievement to this day, and how his team is reshaping the future of the series in the fields of art, practicality, technology, and community. From AI agents to physical products inspired by personality traits, Sergio shares MeebCo's vision: to blaze a new path for development based on the heritage of Larva Labs.
In this conversation, Sergio reflects on his initial entry into the world of NFTs, why Meebits remains an artistically outstanding achievement to this day, and how his team is reshaping the future of the series in the fields of art, practicality, technology, and community. From AI agents to physical products inspired by personality traits, Sergio shares MeebCo's vision: to blaze a new path for development based on the heritage of Larva Labs.
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.
A Steel Billionaire Enters the Metaverse: 5,000 NFTs from Yuga Labs — Just the Beginning? 👀
The Web3 world is buzzing again — this time thanks to a bold and unexpected move. Billionaire Adam Weitsman, the owner of a steel empire, has acquired 5,000 NFTs from Yuga Labs — the very company behind the legendary Bored Ape Yacht Club. Yes, those NFTs that are purchased with Ethereum — and some of them are worth up to 2,000 $ETH .
But this isn’t just about collecting digital art. It’s a clear signal: major players are returning to the NFT market — and doing so with impact.
🔍 What’s next?
Weitsman isn’t stopping here. He’s publicly expressed his intent to continue investing in Yuga Labs’ projects — especially in the Otherside metaverse, which he truly believes in.
📈 NFT Market Comeback?
According to Weitsman, the NFT space is ripe for a rebound. And when players like Yuga Labs step back into the spotlight, it’s not just hype — it’s a trend worth watching.
💬 While some are writing off NFTs, others are quietly scooping up assets worth tens of millions.
👉 What do you think — is this a new wave or the last splash?
Drop your thoughts in the comments — we’d love to hear your take.
#NFT #YugaLabs
The Web3 world is buzzing again — this time thanks to a bold and unexpected move. Billionaire Adam Weitsman, the owner of a steel empire, has acquired 5,000 NFTs from Yuga Labs — the very company behind the legendary Bored Ape Yacht Club. Yes, those NFTs that are purchased with Ethereum — and some of them are worth up to 2,000 $ETH .
But this isn’t just about collecting digital art. It’s a clear signal: major players are returning to the NFT market — and doing so with impact.
🔍 What’s next?
Weitsman isn’t stopping here. He’s publicly expressed his intent to continue investing in Yuga Labs’ projects — especially in the Otherside metaverse, which he truly believes in.
📈 NFT Market Comeback?
According to Weitsman, the NFT space is ripe for a rebound. And when players like Yuga Labs step back into the spotlight, it’s not just hype — it’s a trend worth watching.
💬 While some are writing off NFTs, others are quietly scooping up assets worth tens of millions.
👉 What do you think — is this a new wave or the last splash?
Drop your thoughts in the comments — we’d love to hear your take.
#NFT #YugaLabs
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A Conversation with Robi from Ark.Gallery
It all started with a few lines of code, without any sensational release or roadmap. In early 2018, Robi, the founder of the now-defunct early experimental NFT infrastructure platform Ark.Gallery, built a tool aimed at solving a growing problem in the NFT world.
CryptoPunks is a generative art series created by web3 studio Larva Labs in 2017, consisting of 10,000 pieces. However, it was not compatible with markets like OpenSea; they were launched before the ERC-721 token standard and relied on custom smart contracts, making them operate independently from the ever-expanding NFT ecosystem on Ethereum. This made it harder to buy, sell, or integrate into new platforms.
CryptoPunks is a generative art series created by web3 studio Larva Labs in 2017, consisting of 10,000 pieces. However, it was not compatible with markets like OpenSea; they were launched before the ERC-721 token standard and relied on custom smart contracts, making them operate independently from the ever-expanding NFT ecosystem on Ethereum. This made it harder to buy, sell, or integrate into new platforms.
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
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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This Week in Web3 and NFTs (76)
Welcome to the OpenSea Digest, our recap of the biggest NFT and web3 news from the week.
Azuki previews next anime series for NFT fans
Popular anime-inspired NFT series Azuki has announced the release of episode 2 of its Enter the Garden anime anthology series, titled “Fractured Reflections,” a collaboration between producer Goro Taniguchi, director Yukio Takatsu, and Kazuto Nakazawa, the renowned character designer behind the animated sequences in anime series (Chaos Samurai) and (Kill Bill: Volume 1).
According to the Azuki team, the project lays the foundation for future animation projects and is part of the brand's larger strategy to enter the industry. The episode will last approximately 15 minutes and feature returning characters Shao and Raizan from Episode 1.
Azuki previews next anime series for NFT fans
Popular anime-inspired NFT series Azuki has announced the release of episode 2 of its Enter the Garden anime anthology series, titled “Fractured Reflections,” a collaboration between producer Goro Taniguchi, director Yukio Takatsu, and Kazuto Nakazawa, the renowned character designer behind the animated sequences in anime series (Chaos Samurai) and (Kill Bill: Volume 1).
According to the Azuki team, the project lays the foundation for future animation projects and is part of the brand's larger strategy to enter the industry. The episode will last approximately 15 minutes and feature returning characters Shao and Raizan from Episode 1.
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