Yuga Labs Appoints Former Activision Blizzard COO as CEO
Yuga Labs, the company behind popular NFT collections, Bored Ape Yacht Club and CryptoPunks, has announced the appointment of a new CEO, Daniel Alegre. Alegre joins the NFT startup following…
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Avalanche Launches Avaissance to Boost NFT Ecosystem
The Avalanche Foundation has launched Avaissance, an initiative aimed at supporting digital artists and boosting the growth of the Avalanche NFT ecosystem. Avaissance includes two main components: the Artist in…
CryptoPunk NFT Accidentally Sent to Burn Address
NFTs, or non-fungible tokens, have taken the world by storm in recent years. These unique digital assets, which are stored on the blockchain, have opened up new possibilities for artists,…
Collector Accidentally Burns $200K CryptoPunk NFT
In a recent incident that left the NFT community stunned, NFT collector Brandon Riley accidentally burned a CryptoPunk NFT worth $200,000 by sending it to a burn address. Riley had…
Tiffany & Co. to Turn CryptoPunk NFTs into Pendants
Jewellery firm Tiffany & Co. will be turning non-fungible tokens (NFTs) into custom pendants as it joins other luxury fashion houses attempting to establish a foothold in the web3 world.…
CryptoPunks Now the Most Trading NFT Collection amid Rising Floor Price
The temporary revival in the broader cryptocurrency industry, which has seen the combined crypto market capitalization surge by 4.47% to $907.97 billion at the time of writing, is also impacting…
Three Bored Ape Owners Sue OpenSea over Security Loophole of Stolen NFTs
Three Bored Ape Yacht Club (BAYC) Non-Fungible Token (NFT) owners, namely Timmy McKimmy of Texas, Michael Valise of New York, and Robert Armijo of Nevada, are suing legacy NFT trading…
Yuga Labs Acquires IP Rights to CryptoPunks and Meebits
Yuga Labs, the startup behind the Bored Ape Yacht Club (BAYC) Non-Fungible Token (NFT) collection, has acquired the Intellectual Property (IP) rights to the CryptoPunks and Meebits collections from LarvaLabs.…
OpenSea Delists CryptoPunks V1, Following Takedown Notice From Developers
Popular non-fungible tokens (NFT) platform OpenSea has once again delisted CryptoPunks V1 collection due to a Digital Millennium Copyright Act takedown notice issued by CryptoPunks V2 developers Larva Labs. Although…
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NFT Market Sales Drop By More Than 50% — Popular NFT Collection Trade Volumes Nosedive
After non-fungible token (NFT) sales soared during the month of August, the first week of September’s NFT sales has been awful. Statistics show the number of sales in mid-August tapped…