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Blockchain Creative Labs, a Los Angeles-based company owned by Fox entertainment, is looking to dive deeper into the future of Web3. The platform has already been experimenting with non-fungible tokens (NFTs) and Web3 experiences, and it is now looking to find ways to create content and distribute it on Fox’s
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The creators of the popular non-fungible token (NFT) project Bored Ape Yacht Club (BAYC), Yuga Labs, have sued the artist dubbed Ryder Ripps and collaborators for attempting to devalue the BAYC brand. Yuga Lab’s lawsuit claims Ripps and associates trolled the company and started “scamming consumers into purchasing RR/BAYC NFTs
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Yuga Labs has finally broken its silence over the conspiracy theory that alleges the team embedded alt-right and Nazi memes/imagery into the artwork and branding behind the Bored Ape Yacht Club (BAYC). As Cryptox previously reported, the BAYC conspiracy theory was once again brought into the limelight on June 20
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The same group of plaintiffs, which includes pseudonymous Terra victim and researcher Fatman, has said it will also file suit against Terraform Labs, the entity that created a litany of apps – like the lending protocol Anchor – that used the LUNA and UST tokens. That possibility highlights one of
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“Everything is going mobile. In most countries, most of the access happens through mobile phones,” Sam Bankman-Fried, CEO of crypto exchange FTX and a key Solana backer, said at the event. “But crypto mobile is behind the times,” he said, noting how clunky accessing dapps on mobile devices is now. Original
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"NFTs will be integrated into our products, starting with the Uniswap web app, where soon you'll be able to buy and sell NFTs across all major marketplaces. We'll also integrate NFTs into our developer APIs and widgets, making Uniswap a comprehensive platform for users and builders in web3," a blog
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Following the Terra stablecoin depegging incident, a class-action lawsuit has been filed against the company Terraform Labs and a number of other crypto companies over the collapse of terrausd (UST). The case against Terraform Labs (TFL) was filed by the plaintiff Nick Patterson on behalf of others similarly situated and
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Davis was behind Beeple’s famous “The First 5,000 Days” NFT that sold for $69 million at Christie’s in March 2021. He’s also the lead of the Howlerz NFT project, which he will continue to lead while at his new position at Yuga Labs, according to the thread. Source
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In addition to Terraform Labs and Do Kwon, the suit lists as defendants Definance Capital/ Definance Technologies Oy, GSR/GSR Markets Limited, Jump Crypto, Jump Trading LLC, Nicholas Platias, Republic Capital, Republic Maximal LLC, Three Arrows Capital, Pte. Ltd. and Tribe Capital. Source
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