Bitcoin NFTs Cross $100 Million in Monthly Trading Volume on Magic Eden: Report

Bitcoin NFTs Cross $100 Million in Monthly Trading Volume on Magic Eden: Report

ByNews Polite

The NFT sector is seemingly making a mark in the Web3 arena again after it underwent a bit of a downturn last year. The Bitcoin NFTs on the Magic Eden marketplace have reportedly managed to reel in $100 million (roughly Rs. 829 crore) in monthly trading volume in February. Findings…

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

ByNews Polite

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…

BAYC Parent Yuga Labs Hires Former Activision Blizzard’s Head as Chief Executive

BAYC Parent Yuga Labs Hires Former Activision Blizzard’s Head as Chief Executive

ByNews Polite

Call of Duty maker Activision Blizzard’s chief operating officer Daniel Alegre will join Bored Ape NFT maker Yuga Labs as its chief executive, the metaverse startup said on Monday. The announcement comes days after the Biden administration sued to block tech giant Microsoft‘s $69 billion (nearly Rs. 5,70,300) takeover of Activision. Alegre,…

ApeCoin Shoots Up in Value Following Yuga Labs’ Otherside Tech Demo

ApeCoin Shoots Up in Value Following Yuga Labs’ Otherside Tech Demo

ByNews Polite

ApeCoin price has started the week on a positive note after Yuga Lab’s Bored Ape Yacht Club (BAYC) opened its Otherside metaverse for business and invited 4,300 “Voyagers” who had bought ‘Otherdeeds’ (digital land deeds) for a first-look tech demo and tour last Saturday. At the time of writing, APE…