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Yuga Labs has transferred CryptoPunks IP to the Infinite Node Foundation. With trading volume up 170% to $2.8 million in 24 hours, is this the end of NFTs or a bold move to preserve digital art? CryptoPunks are among the most valuable NFTs. During the 2020–2021 bull market, driven mainly by DeFi and NFT activity, … Read more
The U.S. Securities and Exchange Commission has officially closed its investigation into Yuga Labs, the company behind the Bored Apes Yacht Club NFT collection. The regulator will take no enforcement action and has not issued any charges against the firm. Yuga Labs confirmed the news in a Mar. 3 post on X, calling it a … Read more
Key Takeaways The SEC has closed its investigation into Yuga Labs, confirming that BAYC NFTs and ApeCoin are not securities. Despite the investigation’s closure, ApeCoin’s price showed no significant change over the past 24 hours. Share this article The SEC has closed its investigation into Yuga Labs, ending a probe that examined whether the company’s … Read more
Yuga Labs has stirred discussions after speculation emerged regarding the future of CryptoPunks’ intellectual property rights, which is sending CryptoPunk NFT holders into disarray. The speculation began when rumors circulated about Yuga Labs potentially selling the IP rights of CryptoPunks. Various entities have been named as possible buyers, including Hifo Labs, Kevin Rose, BlackRock, and MetaTrustGG. Yuga Labs’ CEO has publicly dismissed … Read more
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4