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
After 2021 remaining as the year of NFTs in the history of crypto, the NFT industry hasn’t yet reclaimed its position completely. However, NFT collections such as Pudgy Penguins made news by the end of 2024 with their increasing demand and value. At one point, the floor price of Pudgy
The launch of “The Workshop” was announced by Yuga Labs CEO Greg Solano in a bold move that heralded a new era for the company. The mission of this division is to create ground-breaking ApeChain products. In addition, the move is part of the company’s aim to learn from Coinbase’s
Greg Solano, co-founder of Yuga Labs, has finally spoken out about his plans for the Bored Apes franchise as a whole. Solano took to his official X account to explain that he is holding himself responsible by basing his update on his 10-day check-in. Ever since it debuted and became
The firm reorganization was announced by Yuga Labs, the maker of the Bored Ape Yacht Club (BAYC) NFTs. Greg Solano, who is both a co-founder and the company’s newly-returned chief executive officer, made the news via a series of tweets and postings on the Slack platform. According to Solano, the
As part of its previously stated decision to refocus, Yuga Labs, the organization behind NFT collection Bored Ape Yacht Club (BAYC), has sold the IP for two of its games, HV-MTL and Legends of the Mara. In a post made to X on April 17, Yuga Labs stated that the
Arts DAO Fest, the largest Web3 cultural event in the MENA region, is thrilled to introduce the invaluable partners that will make 2024’s edition an unparalleled experience. Returning on April 20-21, 2024, and situated in the vibrant heart of Dubai at The Agenda, Arts DAO Fest is set to welcome
Yuga Labs, a leading NFT studio renowned for its iconic Bored Ape Yacht Club and Mutant Ape Yacht Club collections, has made a groundbreaking decision. The company announced it will stop working with NFT marketplaces that “don’t support royalties for all creators.” This move signifies a pivotal moment in the
The co-founder of NFT powerhouse Yuga Labs, Greg Solano, has declared his decision to step into the position of chief executive officer. Daniel Alegre, who was chief operating officer of Activision Blizzard and served as CEO for about 10 months at Yuga Labs, is making way for the co-founder. Even
Yuga Labs is rapidly expanding in the NFT sector with strategic moves. The Moonbirds-renowned Proof, a competitor in the non-fungible token creation space, was bought out by the corporation. Yuga Labs CEO Daniel Alegre stated: “As a company committed to championing art, culture, and community on the blockchain, we’re excited
