The tokenization layer of these platforms is being used as a liquidity wrapper, as opposed to a purely speculative venue.
Yuga Labs' new CEO Michael Figge most recently served as chief product officer and has been with the company since 2021.
Bored Ape Yacht Club maker Yuga Labs and the defendants Ripps and business partner Jeremy Cahen have agreed to settle.
Etherscan shows that 78 NFTs were drained across about 40 transactions to an address now labeled as GONDI Exploiter.
An onchain analyst speculated that a private key compromise may have allowed an attacker to mint millions of FLOW tokens.
GESPA's investigation alleges that FIFA Collect offers gambling services not licensed in Switzerland and is therefore operating illegally.
OpenSea will "start sweeping millions in tokens and NFTs into a massive prize vault" using 50% of all platform fees beginning Sept. 15.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The game does not include the PENGU token at launch, but Pudgy Penguins and Mythical Games are exploring "interesting ways" to add tokens.
Amid a collapsed NFT market, Yuga Labs in recent months has been forced to sell prime brands like Moonbirds and CryptoPunks.
Unlike many ETH treasury plays, GameSquare is looking to maximize returns by deploying into novel sectors like DeFi and NFTs.
The court vacated the previous $9 million ruling against Ryder Ripps, sending the case back to a lower court for a trial.
It's not the famous rapper's first foray into the industry, having been actively involved in NFTs and crypto for over a decade.
The NFT brand has had some success selling physical merchandise in major retail stores like Walmart and Target.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bored Apes creator Yuga Labs proposed terminating its ApeCoin DAO to set up a new governance entity named ApeCo.
The creator of the DeGods and y00ts NFT series said he is "not ‘on the run’" while announcing his retirement.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Exchanges to support the token include Bybit, Binance Alpha, Gate, KuCoin and MEXC, with more platforms to come.
FIFA plans to launch a FIFA Blockchain that will be Ethereum Virtual Machine compatible and will power its NFT collection.
A group of RTFKT NFT buyers sued Nike for allegedly executing a rug pull after winding down the NFT platform.
OpenSea lawyers argued the NFT marketplace does not qualify as an exchange or broker under federal securities laws.
The Aavegotchi community has voted to migrate from its existing deployment on Polygon to Base and sunset its Geist Layer 3.
Sublime Director Tony Ho told The Block the company fired Mair due to erratic behavior and never agreed to receive funding from the DAO.
An initial tranche of whitelisted assets will be offered for 0.2 BTC, with the remaining tokens sold in a Dutch auction.
The SEC had opened its probe into the company in October 2022, but abandoned the investigation alongside multiple others in recent days.
Yuga Labs acquired the intellectual property rights for both Meebits and CryptoPunks from Larva Labs in March 2022.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The maximum DOOD token supply sits at 10 billion, with its largest allocations going to the Doodles community and an ecosystem fund.
The saga began after the Dec. 5 announcement of PENGU, the project's Solana-based memecoin, which initially sparked a rally in NFT prices.