Fri, November 22

Why Did This BAYC Holder Send Legal Notice to Yuga Labs?

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

November 15, 2023 3 mins read

Yuga Labs ApeFest Attendees Complain of Severe Eye Issues

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

November 6, 2023 1 min read

Yuga Labs Announces Layoff Citing Global Economic Circumstances

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

October 6, 2023 1 min read

Yuga Labs Parts Ways With OpenSea Over Creator Royalties

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

August 19, 2023 1 min read

ApeCoin Traders in Worry as APE Hits All-Time Low

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

June 20, 2023 2 mins read

ApeCoin Community Triggered Over Salary Controversy

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

June 15, 2023 2 mins read

Gucci and Yuga Labs Introduce Jewelry in Otherside Theme

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

April 4, 2023 1 min read

Fashion House Gucci Enters Into Multi-year Collaboration With Yuga Labs

A multi-year relationship between Gucci and Yuga Labs, the firm behind well-known NFT lines including Meebits, Bored Ape Yacht Club (BAYC), and CryptoPunks, was recently revealed. A press announcement states that the connection between fashion and entertainment in the Metaverse will be the primary focus. The new initiative further establishes

March 28, 2023 2 mins read

Yuga Labs’ Bitcoin NFT Auction Collects Over $16 M

Yuga Labs, the parent company of Bored Ape Yacht Club (BAYC) have successfully winded up the TwelveFold auction. The total number of successful bidders was 288 with an amount of $16.5 million. The bids were made in BTC and the whole process of bidding created controversies in the crypto market.

March 7, 2023 2 mins read