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FTX Debtors’ List of Assets Omits Mention of Large Stash of NFTs and ENS Names Owned by Alameda 

FTX Debtors’ List of Assets Omits Mention of Large Stash of NFTs and ENS Names Owned by Alameda This week, FTX debtors issued a press release and a 20-page document noting that bankruptcy administrators had located $5.5 billion in liquid assets. The document details that investigators discovered fiat currencies, crypto assets, and securities as part of FTX’s and Alameda Research’s cache. However, the disclosure to unsecured creditors does not mention the extremely large […]

Russia Cautious on Tokenizing Real-World Assets

Yuga Labs Launches Bored Ape and Mutant Ape Yacht Club Community Council

Yuga Labs Launches Bored Ape and Mutant Ape Yacht Club Community CouncilThe non-fungible token (NFT) and blockchain firm Yuga Labs has announced a community council will be representatives of the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFT collections. Yuga Labs has chosen seven community members with “a proven track record” to represent the NFT club at large. Yuga Labs Names Seven […]

Russia Cautious on Tokenizing Real-World Assets

MTV to Broadcast Metaverse-Inspired Award Show Performance Featuring Eminem, Snoop, Bored Apes

MTV to Broadcast Metaverse-Inspired Award Show Performance Featuring Eminem, Snoop, Bored ApesOn Thursday, the popular cable channel MTV revealed that the legendary rappers Eminem and Snoop Dogg plan to perform the duo’s hit single “From the D 2 The LBC” this Sunday. The music video features the non-fungible tokens (NFTs) stemming from the Bored Ape Yacht Club (BAYC) collection, and the upcoming show is considered the […]

Russia Cautious on Tokenizing Real-World Assets

Yuga Labs Officially Releases IP Rights Tied to Cryptopunks, Meebits NFTs — Galaxy Digital Report Criticizes BAYC License

Yuga Labs Officially Releases IP Rights Tied to Cryptopunks, Meebits NFTs — Galaxy Digital Report Criticizes BAYC LicenseYuga Labs, the company behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, has officially released the intellectual property (IP) rights tied to the Cryptopunks and Meebits NFTs. The company acquired the IP rights to the NFT collections in mid-March 2022, and owners can use their NFTs for commercial or personal purposes. Yuga […]

Russia Cautious on Tokenizing Real-World Assets

Apecoin DAO Approves Funding a Bored Ape-Centric News Publication

Apecoin DAO Approves Funding a Bored Ape-Centric News PublicationApecoin DAO community members have approved a governance proposal that will fund a Bored Ape Yacht Club (BAYC)-centric news publication called the Bored Ape Gazette with $150,000 for the first year. While the Bored Ape Gazette has been in operation since June 1, 2021, the site’s operator promises to “keep the community better informed” with […]

Russia Cautious on Tokenizing Real-World Assets

Leading Auction House Christie’s Launches Web3 and Fintech Venture Arm

Leading Auction House Christie’s Launches Web3 and Fintech Venture ArmOn Monday, Christie’s, the leading British auction house founded 256 years ago in 1766, announced the launch of a new venture fund called Christie’s Ventures. According to the announcement, the company’s venture arm plans to focus on “[Web3] innovation, art-related financial products and solutions, and technologies that enable seamless consumption of art.” Christie’s Ventures to […]

Russia Cautious on Tokenizing Real-World Assets

Cumulative NFT Sales Among 18 Blockchain Networks Surpass $36 Billion

Cumulative NFT Sales Among 18 Blockchain Networks Surpass  BillionStatistics recorded this week show that the aggregate number of non-fungible token (NFT) sales, settled across more than a dozen different blockchains, has officially surpassed $36 billion. While there are 18 competing blockchains offering NFTs, Ethereum-based NFT sales dominate by more than 75%. While Ronin commands the second-largest amount of NFT sales, NFTs from the […]

Russia Cautious on Tokenizing Real-World Assets

Animoca Brands, Yuga Labs Tease Bored Ape Secret Project ‘Powered by Apecoin’  

Animoca Brands, Yuga Labs Tease Bored Ape Secret Project ‘Powered by Apecoin’  Since the token was launched roughly three days ago, the digital currency apecoin (APE) has been a topical conversation within the cryptocurrency community on forums and social media. So far, just over 82% of the claimable APE has been claimed and 13,672 unique addresses have received APE from the airdrop. Meanwhile, the Bored Ape Yacht […]

Russia Cautious on Tokenizing Real-World Assets