Two NFT Artists Ordered to Pay $9 Million to Yuga Labs for Infringing BAYC Designs, Turmoil to Continue

Two NFT Artists Ordered to Pay $9 Million to Yuga Labs for Infringing BAYC Designs, Turmoil to Continue

Two NFT artists, Ryder Ripps and Jeremy Cahen, have been ordered by a US court to shell out $9 million (roughly Rs. 74 crore) from their pockets and pay the sum to Yuga Labs, the creator of Bored Apes Yacht Club (BAYC) NFTs. The two parties have been embroiled in…

Justin Bieber’s BAYC NFT Worth $1.3 Million Plummets in Value, Now Stands at Under $60,000: Details

Justin Bieber’s BAYC NFT Worth $1.3 Million Plummets in Value, Now Stands at Under $60,000: Details

Pop singer Justin Bieber, who has not hesitated from exploring the digital assets sector, has reportedly been exposed to the financial risks that crypto sceptics keep warning others about. An NFT purchased by Bieber last year for an outlandish price of $1.3 Million (roughly Rs.10 crore) has now crashed to…