News with the tag "Bored Ape Yacht Club"

From network tokens to meme coins, a16z crypto has laid out a framework to help businesses navigate the evolving crypto landscape. What is a cryptocurrency? According to Wikipedia’s definition, it is a digital currency designed to work through a computer network that is “not reliant on any central a...

After more than two years under regulatory scrutiny, Yuga Labs announced that the US Securities and Exchange Commission (SEC) has officially closed its investigation into the company without taking enforcement action. While the agency has not disclosed the specific reasoning behind its decision, the...

In a stunning turn of events for the digital asset world, Yuga Labs, the powerhouse behind the iconic Bored Ape Yacht Club (BAYC) NFTs, has announced the closure of the U.S. Securities and Exchange Commission (SEC) investigation into their operations. This news, delivered via an X (formerly Twitter)...

Yuga Labs, the blockchain innovator behind the popular Bored Ape Yacht Club (BAYC) non-fungible token (NFT) series, declared today that the U.S. Securities and Exchange Commission has concluded its inquiry without pursuing enforcement action. Yuga Labs: ‘NFTs Are Not Securities’ Regulators terminate...

Yuga Labs hasn’t confirmed or denied rumors that it is selling the IP rights to CryptoPunks, the world’s most valuable NFT collection.

The floor price of an Ethereum-based NFT collection called Pudgy Penguins has exceeded the price of Bitcoin on the NFT marketplace OpenSea

After months of slowdown, the NFT market now shows signs of recovery with a 22% increase in trading volume as of November, boosted by prices and high activity in blue-chip collections. The market of non-fungible tokens seems to be showing signs of recovery, with an over 20% surge in trading volume i...

What is the Bored Ape Yacht Club? The Bored Ape Yacht Club (BAYC) is a prominent collection of 10,000 unique non-fungible tokens (NFTs) featuring algorithmically generated cartoon apes. Launched in April 2021 by Yuga Labs, these digital collectibles reside on the Ethereum blockchain and have become ...

Yuga Labs strengthens its NFT infrastructure with Tokenproof’s tech team, aiming to enhance accessibility and utility in the Web3 space.

Non-fungible tokens have been seeing a sharp increase in their daily sales over the past month as the broader crypto market entered its bullish phase. NFT sales increased by 28% in the past 24 hours to $40.4 million, according to…