Yuga Labs announces workforce restructuring to prioritize internal goals, metaverse
As part of the company's restructuring, Yuga Labs lays off some U.S.-based staff to focus on team core priorities, Web3 development, and Otherside strategy.
Latest Bored Ape Yacht Club News
Sotheby’s faces lawsuit over alleged misleading, price manipulation of BAYC NFT sales
Sotheby's is caught in a legal storm as a group of investors files a class-action suit due to allegations of misleading and price manipulation of Bored Ape Yacht Club token sales.
Did MoonPay give Hollywood celebs Bored Ape NFTs to pump their price and boost its profile?
MoonPay insists that it charged celebrity clients for promoting NFTs, but sources claimed otherwise, arguing that the startup gifted A-list stars Bored Ape NFTs to help boost its profile.
Yuga Labs settles BAYC trademark lawsuit, but tougher legal battles await
Yuga Labs settled with Thomas Lehman, whom it had accused of building websites and smart contracts for Ryder Ripps’ offshoot collection of 10,000 NFTs.
Yuga Labs class action lawsuit drags celebrities over alleged misrepresentation
A total of 37 defendants were named in the suit, including famous celebrities like Serena Williams, Snoop Dogg, Steph Curry, DJ Khaled, Kevin Hart, Justin Beiber, Paris Hilton, and Madonna.
SEC probes Yuga Labs over alleged sale of unregistered offerings
The U.S. securities regulator has yet to make a formal accusation against Yuga Labs for any wrongdoing as the investigations are still in the preliminary stages.
Elliptic: $100M in NFTs stolen via scams in the past year
Elliptic’s research found that an NFT scam netted the scammers $300,000 on average over the past year, with Bored Apes and OpenSea featuring prominently.
Yuga Labs faces massive class action lawsuit from aggrieved investors
According to a veteran law firm Scott+Scott, Yuga Labs lured unsuspecting investors to part away with hard-earned funds by using celebrity promoters “to inflate the price of the NFTs and tokens.”
‘This is no monkey business’: Bored Ape NFT maker sues artist allegedly selling copycats
Yuga Labs has sued Ryder Ripps, a self-proclaimed conceptual artist who has been selling copycats of BAYC NFTs, which he claims are for satirical purposes.
UPDATES: Bored Apes crash Ethereum, Solana implodes again as BSV handles 20M daily transactions easily
Despite all of the drama grabbing the headlines with regards to Ethereum and Solana during the last few days, BSV quietly processes transactions at scale for fees of fractions of a penny.
Bored Apes Instagram account loses over $3M worth of NFTs in hack
Digital assets security researcher Zachxbt revealed that 91 NFTs were stolen, and most of the funds from the stolen NFTs found their way to KuCoin and Binance.