Yuga Labs, the company behind the Bored Ape Yacht Club (BAYC) and Otherside metaverse, has transferred the intellectual property (IP) of CryptoPunks, one of the most valuable NFT collections, to NODE, a California-based nonprofit organization dedicated to preserving digital art. Funding long-term preservation of the entire CryptoPunks collection. With this...
NFT giant Yuga Labs – the founder of Yuga and controlling owner of Yuga – recently purchased the intellectual property (IP) of CryptoPunks, the first well-known Ethereum-based NFT collection. Both CryptoPunks and the Infinite Node Foundation publicly acknowledged the transaction on X.com. This announcement is arguably the biggest news yet...
Frank DeGods is out. Rohun Vora, the creative force behind DeGods and y00ts, is resigning as CEO. He claims he isn’t on the lam and insists he hasn’t done anything illegal. The timing is interesting, isn't it? The backdrop of the LIBRA token charges and the hype about the LA...
Right now, the NFT market seems more like a rocket-charged market that once seemed unstoppable but is currently sputtering on the launchpad. We have lived through the mania, the million-dollar JPEGs, and the proclamations of the end of big tech. Lately? Not so much. Trading volume is down. Excitement has...
PENGU, the token associated with the Pudgy Penguins NFT collection, has surged to its highest price since February. This increase is largely thanks to a massive rise in the NFT’s floor price. The token’s resurgence is an indicator of Pudgy Penguins’ ecosystem activity and increased interest. Indeed, in recent months...
Colle AI is taking NFT development to the next level by incorporating the XRP cryptocurrency infrastructure. This change provides more agency to creators by giving them more options and freedom. It makes it easier for them to handle their digital assets on several different blockchains. FakeBollinger.com is here to translate...
Imagine this: you spent your hard-earned money on a stunning piece of digital art. A cool exclusive, flashy, colorful NFT – a badge of your cutting-edge aesthetic and investment acumen. You hang it on your wall in your virtual museum, bragging rights unlocked. Then, one day, poof. Gone. A broken...
Greenledgers is plunging straight into the deep end of the DeFi and NFT pool. Lending, staking, monkey JPEGs… it’s all happening. Could this be a watershed moment for creators and small-time speculators, too? Or is it just another pump that redistributes wealth to the crypto sharks? I’m feeling cautiously optimistic...
Yuga Labs—the crypto behemoth behind the Bored Ape Yacht Club—is crashing down hard. Really hard. Their pursuit of nearly $400,000 in crypto assets from Jeremy Cahen (Pauly0x), stemming from the Ryder Ripps Bored Ape Yacht Club (RR/BAYC) parody lawsuit, raises a crucial question: are we witnessing the death of NFT...
