Two years ago, non-fungible tokens were sizzling hot, as art aficionados and speculators pushed blockchain-based images to $27 billion in value. Now that the market has crashed, a much less ambitious ...
Yuga Labs, known as the creator of Bored Ape Yacht Club and other notable NFTs, sold its iconic CryptoPunks to the nonprofit NODE Foundation, which focuses on preserving digital art. The deal details ...
Yuga Labs hasn’t confirmed or denied rumors that it is selling the IP rights to CryptoPunks, the world’s most valuable NFT collection. The floor price of the CryptoPunks non-fungible token ...
YugaLabs won a $1.57 million court battle against NFT artists Ryder Ripps and Jeremy Cahen because of disgorgement and damages. Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep ...
CryptoPunks. Free to Claim. Edited by Yuga Labs and Zak Group. Photo: Phaidon If you think about it too much, it seems kind of crazy that anyone would drop six figures for a digital rendering of a ...
The market for the digital items plummeted after their glory days in 2021 and 2022, and they’ve proven to be not only an artistic and aesthetic disaster, but a shortcut to financial ruin ...
Driven by The Simpsons episode, NFTs have now seen a significant surge in its daily trading volume standing at 3-month high. The surge is driven by significant CryptoPunks sales by Bored Ape Yacht ...
When Canadian blockchain enthusiasts Matt Hall and John Watkinson gave away 10,000 CryptoPunks, tiny digital artworks comprising pixelated faces that people could claim free of charge, they could have ...
Amid a rash of crypto scams that have pilfered millions of dollars’ worth of Ethereum NFTs from unsuspecting users’ wallets, the unknown pseudonymous entity referred to as “Monkey Drainer” has claimed ...