BAYC copycat files opposition to 10 Yuga Labs trademark applications
[ad_1] One of the founders of the Bored Ape Yacht Club copycat NFT collection RR/BAYC has filed an opposition notice against 10 trademark applications from Yuga Labs. The move marks another strange twist in the ongoing intellectual property dispute between BAYC creators Yuga Labs and RR/BAYC founders Ryder Ripps...
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350 new ‘scam tokens’ were created every day this year: Solidus Labs
[ad_1] More than 350 fraudulent cryptocurrency tokens were created per day this year, defrauding millions of investors, according to blockchain risk monitoring firm Solidus Labs. From the start of the year to Dec. 1, 117,629 “scam tokens” were deployed according to Solidus’ 2022 “Rug Pull Report.” That’s a 41%...
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Binance Labs Invest in NGRAVE Crypto Wallet Producer
[ad_1] Binance Labs, the accelerator and the venture capital division of Binance, informed on Monday that it has invested in NGRAVE, a hardware cryptocurrency wallet maker. Additionally, the crypto exchange is leading the upcoming Series A financing round. The value of the investment has not been disclosed to the...
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Meta’s Reality Labs Reports $3.6 Billion In Losses, When Will It End?
[ad_1] Meta (formerly Facebook) officially declared its entry into the metaverse space last year with the Reality Labs division. Its announcement had understandably triggered the popularity of metaverse projects and their tokens during this time, as a lot went on to rally to billions of dollars in market cap....
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Binance Labs Invest in Ancilla, Inc., a Web3 Startup
[ad_1] Binance Labs, the venture capital and incubation arm of Binance, the world’s largest cryptocurrency exchange Cryptocurrency Exchange A cryptocurrency exchange is an online platform that supports the exchange of various currencies for a cryptocurrency or digital asset.Comparable to a generalized financial exchange, a crypto exchange’s core function is...
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US SEC Probes Yuga Labs to Determine If Bored Ape NFTs Are Securities
[ad_1] The United States Securities and Exchange Commission (SEC) has reportedly launched an investigation into Yuga Labs Inc., to determine whether the firm’s Bored Ape Yacht Club (BAYC) non-fungible tokens (NFT) are securities. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new...
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Ethereum burning spikes to new high on Yuga Labs’ NFT hype
[ad_1] The burning rate of Ethereum (ETH) has spiked to new all-time high (ATH) levels following the heavily anticipated sale of tokenized land plots in Yuga Labs’ upcoming Metaverse project the “Otherside.” Yuga Labs, the creators of the Bored Ape Yacht Club (BAYC) sold 55,000 virtual land NFTs dubbed...
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MRHB DeFi and Sukhavati Labs Partner to Bring Web3 to Excluded Communities | by Bit Media Buzz | Mar, 2022
[ad_1] MRHB DeFi recently announced a new strategic partnership with Sukhavati Labs, a decentralized cloud network service focused on storage. Now all NFTs minted on the MRHB DeFi network — such as on the SouqNFT Marketplace — will be stored in a secure and permissionless manner at a low...
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Why Terraform Labs Cofounder Do Kwon Is Unfazed by US Regulators
[ad_1] October 29, 2021by Laura Shin Do Kwon, cofounder of Terraform Labs, was recently served subpoenas by the US Securities and Exchange Commission during Messari’s mainnet event, leading Kwon and Terraform to preemptively sue the SEC. On Unconfirmed, Kwon discusses: what Terraform Labs does and how it is building...
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MYMEDIA Digital Rebrands into RFOX MEDIA in Myanmar Following RedFOX Labs Acquisition | by Bit Media Buzz | Sep, 2021
[ad_1] MANILA, Philippines — MYMEDIA Digital, the largest digital marketing platform in Myanmar, has rebranded into RFOX MEDIA, the new media venture that acts as the brand and marketing division for the blockchain-driven ecosystem created by Southeast Asia-based venture builder RedFOX Labs. The rebrand follows RedFOX Labs’ acquisition of...
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