The U.S. Securities and Exchange Commission (SEC) has formally concluded its probe of Yuga Labs. It is the firm behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) series and ApeCoin (APE). The SEC will not initiate any enforcement proceedings, closing the investigation that opened in October 2022. Yuga
The Doodles NFT collection has achieved a remarkable $16 million in weekly trading volume following its announcement of $DOODS, a Solana-based meme coin. This surge marks the collection’s second-highest trading peak in 2024, demonstrating the growing trend of established Ethereum NFT projects expanding into Solana’s memecoin ecosystem. Strategic Evolution in
The U.S. Securities and Exchange Commission (SEC) has officially ended its investigation into OpenSea without filing charges. OpenSea’s CEO, Devin Finzer, described this move as a victory for the NFT industry. The SEC is closing its investigation into @opensea. This is a win for everyone who is creating and building
OpenSea has regained dominance in the Ethereum NFT marketplace, capturing 71.5% of the market share this past week. Four weeks ago, it held only 25.5%, with Blur leading the space. The surge aligns with OpenSea’s announcement of its long-awaited native token, $SEA, on Feb. 13. Since the announcement, OpenSea’s daily
At a time when diversity initiatives are coming under more scrutiny, World of Women (WoW) has commissioned artist Sara Baumann to start a portrait series that champions women builders in Web3. The NFT collection, which is minted on the Etherlink-Tezos blockchain L2, highlights the importance of four trailblazing women pioneers in establishing new
Slime Miner, the first Web3 Idle RPG game, has achieved a remarkable milestone, surpassing 1 million users within just 20 days of its launch. Built on the Kaia Chain, this hybrid game has captivated players across Japan, Taiwan, and Thailand, blending traditional gaming mechanics with blockchain-powered features. Slime Miner’s innovative
Soneium, the blockchain of Sony has officially launched its first music NFT collection, integrating blockchain technology with the music industry. The debut collection was developed in partnership with Coop Records, an on-chain record label, revolutionizing music monetization and distribution. Coop Records has helped the transition of over 600 songs to
NFT project Azuki introduced a new web3 platform for Anime Fans. The company launched “Anime.com” which uses Web3 technology and is focused on catering to anime fans. Through this platform, users will be able to watch anime content, create customizable avatars, and also trade NFTs. Azuki aims to bridge the
The crypto market has seen several spurs of activity over the past few days. Particularly, one of the highlights is Binance renaming its Binance Labs to YZiLabs. The exchange’s founder CZ posted on X regarding the same. Additionally, US President Donald Trump signed an executive order for initiating a US
President Trump signed a crypto executive order to strengthen the digital asset ecosystem in the US 3 days after the inauguration. He announced David Sacks as the lead of the Presidential Working Group to evaluate the industry and work on regulatory framework. Speaking on the Fox Business interview, David Sacks
