A negative ruling has been issued, dismissing the counterclaims of artists Ryder Ripps and Jeremy Cahen in their lawsuit against Yuga Labs, the developer of Bored Ape Yacht Club (BAYC). The verdict also mandates that the duo pay $9 million in disgorgement and additional statutory penalties. A court sided with
TOKEN2049, the leading global Web3 and crypto conference series, has unveiled the initial speaker lineup for its inaugural Dubai edition, which will be taking place from 18-19 April 2024. The first round of the event’s speaker lineup has been made public. The list includes Paolo Ardoino, CEO of Tether; Sandeep
The aftermath of ApeFest in Hong Kong, involving eye and skin injuries, became a wake-up call, prompting the NFT community to demand accountability from event organizers — Yuga Labs. Yuga Labs, the creator of the famed Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC), hosted a three-day
The parent business of Bored Ape Yacht Club (BAYC), Yuga Labs, hosted the much awaited return of its big in-person event, ApeFest 2023, which was held in Hong Kong from November 3 to November 5. This year’s Hong Kong event did not focus on music in the same way that
The creative studio behind Bored Ape Yacht Club (BAYC) and CryptoPunks, Yuga Labs, has announced a round of layoffs across its U.S departments. CEO Daniel Alegre relayed the news to the team, underlining the move’s need during tough global economic circumstances. Consequently, the organization is getting through these tough times
Bored Ape Yacht Club (BAYC) NFT collection developers Yuga Labs announced their intention to end their partnership with OpenSea. This is in reaction to the platform’s anticipated move toward a discretionary royalties structure. Royalties will no longer be required for new collections after August 31, 2023. This is under a
WebX, Asia’s leading Web3 conference (July 25-26), is thrilled to announce the participation of more esteemed guests at this year’s event: Japan prime minister Fumio Kishida, Yuga Labs CEO Daniel Alegre, the Dogecoin dog Kabosu, and the groundbreaking AI robot Desdemona (Made by Hanson Robotics, sister to Sophia the Robot).
All Ape-related creations from Yuga Labs — ApeCoin, BAYC and MAYC — dominated the trends on Crypto Twitter during the Asian noon hours. Neither a positive update nor a pivotal price reversal has occurred. Currently, ApeCoin (APE) is weighed down by the bearish storm. In the past fifteen days, this
The ApeCoin decentralized autonomous organization (DAO) has sparked a debate regarding the six-figure annual salaries received by its Special Council members. ApeCoin is the native currency of the Bored Ape Yacht Club ecosystem and is governed by the ApeCoin DAO, consisting of ApeCoin holders. On June 10, the ApeCoin DAO
Last week, Gucci, the fashion company, announced that it was collaborating with Yuga Labs, the firm that created the Bored Ape Yacht Club NFT collection, to introduce high-end digital fashion to the metaverse. Now, the result of that cooperation is beginning to emerge. Gucci tweeted: Those eligible to purchase can
