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The Latest Breaking News from Yuga Labs

In a tough venture environment for crypto, here are the most notable fundraises of 2023

Crypto was on 2023’s naughty list, but some startups still managed to avoid coal in their stockings.

Fortune

Bored Ape NFT creators downplay complaints harmful UV light at their 'Apefest”' party seared owners’ eyeballs

Fewer than 1% of attendees suffered temporary damage to their eyes, claims the creator behind the second most valuable NFT collection.

Fortune

Bored Ape owners suffer eye and skin injuries from UV lighting at a weekend NFT festival: 'Had so much pain and my whole skin is burned'

Numerous attendees of the ApeFest Hong Kong even this past weekend complained of severe eye pain and difficulty seeing after the closing concert.

PC Gamer

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Yuga Labs’ new CEO moving forward with ‘audacious’ metaverse plans as Bored Apes pricing floor drops—but details are thin

Details are still thin for how the virtual world will look, when it will officially open, and how the company will measure success.

Fortune

Will Bored Apes still be around in 10 years?

An interview with CEO Daniel Alegre shows the NFT brand is in a tough spot but that the game is far from over.

Fortune

This Week in the Metaverse: Zuckerberg tries to reconcile A.I. with the billions he’s already sunk into the metaverse

Meta’s metaverse division, Reality Labs, lost nearly $4 billion in the first quarter—a billion dollars more than it lost in the same period last year.

Fortune

'I slipped up': NFT collector evaporates CryptoPunk valued at $129,000—a third of his net worth

Brandon Riley isn’t the only one who’s mistakenly lost hundreds of thousands in the world of Web3.

Fortune

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This week in the metaverse: Yuga Labs adds to NFT game, The Sandbox opens a virtual Irish pub, and Silicon Valley Bank spooks Web3 traders

Yuga Labs builds upon Dookey Dash with a new collection, a virtual Irish pub opens in The Sandbox, and Silicon Valley Bank takes a toll on NFT traders.

Fortune

New breed of bitcoin NFTs sell for millions

BENGALURU, India: Imagine digitally inscribing three dimensional images of objects such as multi-coloured spheres onto a tiny fragment of bitcoin. Then imagine selling them for US$16.5 million.

Bangkok Post

How Silicon Valley Bank's collapse may affect crypto companies

SVB’s failure was the biggest bank collapse since Washington Mutual Bank in 2008.

Fortune

Bored Ape creator Yuga Labs to launch Bitcoin NFTs

The company said the Bitcoin NFT project, Twelvefold, will have no connection to the company's successful Ethereum-based NFTs.

Fortune

Yuga Labs settles with a developer of copycat Bored Ape collection

The developer, Thomas Lehman, was listed as the recipient of 15% of the projects earnings in its smart contract, according to a Yuga Labs spokesperson.

Fortune

Here's your metaverse and NFT news for the week

The Sewer Pass NFTs give buyers access to a new Yuga Labs game called Dookey Dash, which fits into a broader future narrative.

Fortune

This week in the metaverse: A new Bored Ape game, memecoin-themed NFTs, and a possible virtual bar from the makers of Absolut Vodka

Yuga Labs launches a new mint for existing Bored Ape NFT holders tied to a new game, plus news of a sold out meme-coin themed NFT collection, and a look at Absolut's idea for a virtual bar.

Fortune

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Fortune

The 10 biggest crypto funding rounds of 2022

How much did Crypto Winter freeze venture funding?

Fortune

Unlike Washington, Andreessen Horowitz has a plan to push forward crypto legislation

Collin McCune worked on the House Financial Services Committee before becoming the firm's new head of government affairs.

Tribune News Service

Bored Ape NFT investors are suing Bieber, Madonna and other celebrity promoters

The creator of the popular Bored Ape Yacht Club collection of NFTs and its promoters, including Madonna, Paris Hilton and Justin Bieber, were sued by investors claiming they were duped into buying the collectibles by celebrities who didn’t disclose they were paid to pump sales.

Tribune News Service

Bored Ape NFT investors are suing Bieber, Madonna and other celebrity promoters

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news in one place.

100’s of premium titles.
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Fortune

Jimmy Fallon, Justin Bieber, and Serena Williams among big-name celebs sued over Bored Ape NFT promotions

Gwyneth Paltrow and Madonna were also named in the lawsuit.

The Street

Crypto: Bieber, Madonna, Steph Curry, Snoop Dogg in Big Trouble

A new lawsuit accuses a dozen celebrities of contributing to significant financial losses, by promoting non-fungible tokens, aka NFTs.

The Street

Why FTX Is Lehman Brothers of Crypto

The cryptocurrency exchange imploded within a few days, causing a financial earthquake whose consequences have yet to be determined.

Fortune

Yuga Labs wants to see more NFTs in museums. Its donating a CryptoPunk to a Miami museum to kick it off

The donation is the first in the company’s Punks Legacy Project which aims to install CryptoPunks in contemporary art museums worldwide.

Benzinga

Yuga Labs Acquires Beeple-Founded 10KTF And WENEW, Adds Artist To Advisor Role: What It Could Mean For The Future

A leading non-fungible token and Web3 company announced an acquisition Monday that could help power its ambitions for the metaverse.

Fortune

What happens to the FTX empire’s 200+ crypto investments now?

SBF’s entities had their hands in everything, from stablecoin issuer Circle to investment firm SkyBridge Capital. What happens to those now?

AFP

At Web Summit, 'Bored Apes' emerge from swamp but remain murky

Lisbon (AFP) - With a blast of "Break on Through" by The Doors and a flashy video of cartoon apes careening around a fantasy landscape, the boss of one of crypto's most secretive companies took to the stage on Thursday.

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