Yuga Labs


Web3

Web3 Startup Yuga Labs Names Former Activision Blizzard President as New CEO

The Bored Ape parent company said Alegre's previous gaming experience will help advance the brand's Otherside metaverse and propel its ambitions for an "immersive Web3 world."

The Otherside. (Yuga Labs)

Videos

Bieber, Madonna Named in Lawsuit Alleging Yuga Labs NFT 'Scheme'

A number of celebrities, including Justin Bieber, Paris Hilton, Jimmy Fallon and Madonna, were named as plaintiffs in a class-action lawsuit, alleging that Yuga Labs' non-fungible token (NFT) collections were "misleadingly promoted" and resulted in financial damage to the defendants. "The Hash" panel discusses the implications of celebrity endorsements in the crypto space.

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Web3

Bieber, Madonna Among Dozens of Celebs Named in Lawsuit Alleging Yuga Labs NFT 'Scheme'

The suit claims celebrity endorsements of Bored Ape Yacht Club NFTs and ApeCoin tokens resulted in financial loss for investors. Yuga Labs called the allegations "opportunistic and parasitic."

Bored Ape Yacht Club NFT image (Yuga Labs, modified by CoinDesk))

Web3

Over $30M Pours Into ApeCoin Staking in First Day

The native token of the Yuga Labs ecosystem is unavailable to stake in the U.S. because of regulatory concerns by its parent foundation.

ApeCoin’s APE tokens slid early Friday ahead of a token unlock over the weekend. (Bored Ape Yacht Club, modified by CoinDesk)

Consensus Magazine

Empire of the Bored Apes

Yuga Labs has grown beyond the wild success of its Bored Ape Yacht Club collection to become an NFT powerhouse with a $4 billion valuation and big plans in the metaverse. That’s why co-founders Wylie Aronow and Greg Solano and CEO Nicole Muniz share a spot on CoinDesk’s Most Influential 2022.

"VStrange" (Oveck/CoinDesk)

Web3

Yuga Labs Acquires Beeple's WENEW and its Flagship NFT Collection, 10KTF

The company behind Bored Ape Yacht Club has hinted at an integration between 10KTF and its gamified metaverse platform Otherside.

10KTF (Businesswire.com)

Finance

Yuga Labs, Circle, SkyBridge Among Investments FTX Ventures Made Prior to Liquidity Issues

FTX Ventures invested in some of the biggest names in crypto. Meanwhile, TradFi giants such as Tiger Global participated in FTX's funding rounds.

Former CEO of FTX Sam Bankman-Fried (Alex Wong/Getty Images)

Web3

Over $1.8B in Royalties Have Been Paid Out to Ethereum-Based NFT Creators: Galaxy Digital

Bored Ape Yacht Club creator Yuga Labs has earned the most in royalties to date, with over $147 million in payouts.

(Passakorn Prothien/Getty Images)

Videos

Legal Expert on SEC Reportedly Probing Yuga Labs Over Unregistered Offerings

The U.S. Securities and Exchange Commission is probing Yuga Labs, the creator of the Bored Ape Yacht Club NFT collection, over whether sales of its digital assets violate federal law, according to a report from Bloomberg, citing an unnamed source close to the matter. Former SEC Branch Chief and current Managing Partner at Perkins Coie LLP Valerie Dahiya discusses the legal implications of non-fungible tokens (NFTs) and whether digital collectibles are securities.

Recent Videos

Videos

Report: SEC Probing Bored Ape Creator Yuga Labs Over Alleged Unregistered Offerings

The U.S. Securities and Exchange Commission (SEC) is probing Yuga Labs, the creator of the Bored Ape Yacht Club non-fungible token (NFT) collection, on whether sales of its digital assets violate federal law, according to a Bloomberg report. "The Hash" hosts discuss how this might shape the future of crypto regulation.

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