In a significant move for the digital art space, the Infinite Node Foundation (NODE), a nonprofit dedicated to digital art, has officially acquired the intellectual property rights to the CryptoPunks non-fungible token (NFT) collection from Yuga Labs. The announcement, made via NODE’s official X account, revealed that alongside the acquisition, ...
Yuga Labs, the creator of the popular Bored Ape Yacht Club (BAYC) NFT collection, is escalating its legal battle by demanding $400,000 from several influencers’ cryptocurrency wallets. This move is part of an ongoing lawsuit related to alleged unauthorized use of BAYC NFTs. Yuga Labs filed the lawsuit against a ...
Yuga Labs, the creator of the popular NFT collection Bored Ape Yacht Club, has undergone a significant company-wide restructuring, including staff layoffs, in response to challenges within the crypto industry. Yuga CEO Daniel Alegre confirmed the completion of this restructuring process in a recent tweet. According to Alegre, the primary ...
