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Trump NFTs surge 800%, Yuga Labs blacklists NFT exchanges, and more

Trump NFTs daily sales surge by 800%Former United States President Donald Trump’s nonfungible token (NFT) trading card collection has witnessed a massive resurgence in daily sales volume in recent days.Compared to Jan. 17 sales volumes, Jan 18. and Jan. 19 saw spikes of 800% and 600% respectively, according to market

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‘Huge signal and validation’ — Top Activision exec to take Yuga Labs’ helm

The appointment of one of Activision Blizzard's highest-ranking executives to a leadership position at Bored Ape Yacht Club parent Yuga Labs has been seen as a boon for its metaverse efforts and another validation of the crypto industry.On Dec. 19, Yuga Labs confirmed it has appointed Daniel Alegre — the current

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Yuga Labs, Moonpay faces lawsuit over celebrities NFT promotion

Yuga Labs, creators of Bored Ape Yacht Club (BAYC) and crypto fintech Moonpay are facing a class-action lawsuit for allegedly using celebrities to misleadingly promote and sell nonfungible tokens (NFTs). Over 40 people and companies are named as defendants in the lawsuit, including Paris Hilton, Snoop Dog, Jimmy Fallon, Justin Bieber,

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

In total, the lawsuit names 37 defendants, including the founders and leadership team at Yuga Labs; MoonPay and its CEO, Ivan Soto-Wright; Reddit co-founder and investor Alexis Ohanian; NFT artist Beeple; Ape DAO board members Amy Wu, Maaria Bajwa and Dean Steinbeck; Guy Oseary; Justin Beiber; Jimmy Fallon; Gwyneth Paltrow;

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