Yuga Labs
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.
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.
SEC Probing Bored Ape Creator Yuga Labs Over Unregistered Offerings: Report
The key legal question at the center of the probe, according to Bloomberg, is whether NFTs are securities.
Bored Ape Creator Yuga Labs Unveils Community Council to Help Shape Future Initiatives
The council is made up of seven notable Bored Ape collectors tasked with providing feedback to Yuga Labs and uplifting community-driven projects.
Metaverse Takes Center Stage at MTV VMAs with Snoop Dogg, Eminem
Snoop Dogg and Eminem performed at the MTV VMAs taking inspiration from Yuga Labs’ upcoming metaverse gaming platform “Otherside.” Separately, K-pop girl group Blackpink won the Best Metaverse Performance award. “The Hash” team discusses how the metaverse is going mainstream.
Most NFT Projects ‘Convey No Actual Ownership’: Galaxy Digital Research
NFTs giving token holders total ownership rights is an ambitious idea, one that's “a long way off,” Alex Thorn, head of research at Galaxy Digital, said on CoinDesk TV’s “First Mover.”
Only 1 in Top 25 NFT Projects Attempt to Give True Ownership, Report Claims
A new Galaxy Digital report explores the concerns over non-fungible token (NFT) intellectual property (IP) rights. Galaxy Digital Head of Research Alex Thorn breaks down the key takeaways, saying “only one project in the top 25 by implied market cap actually attempts to give true ownership for the underlying artwork to its token holders.”
CryptoPunks Briefly Flip Bored Apes as NFT Prices Continue to Crater
The collection of pixelated face profile pictures took over the top spot of NFT floor prices for the first time since December as both collections continue to plunge in value.
NFT Developer Yuga Labs Hires Social Token Expert as Senior Executive
Chris Fortier joins the growing Web3 powerhouse after stints with social token marketplace Rally and streaming platform Twitch.
