Yuga Labs


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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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Policy

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 Yacht Club, modified by CoinDesk)

Web3

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.

Bored Ape Yacht Club BAYC Community Council (Yuga Labs)

Videos

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.

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Finance

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.”

Alex Thorn, head of research at Galaxy Digital, speaks at Consensus 2022. (Shutterstock/CoinDesk)

Videos

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.”

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Finance

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.

Bored Ape owners might need a drink. (Danny Nelson/CoinDesk)

Finance

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.

Bored Ape (Yuga Labs)

Videos

Yuga Labs Releases IP Rights For CryptoPunks, Meebits Collections

Yuga Labs, the company behind the Bored Ape Yacht Club, released the intellectual property (IP) rights for the CryptoPunks and Meebits non-fungible token (NFT) collections it bought earlier this year. Owners of CryptoPunks and Meebits are now allowed to use their characters in commercial or personal projects. "The Hash" hosts discuss what this means for the future of digital ownership.

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