The judge made a ruling on the fake BAYC case: compensation of $9 million to BAYC
Ryder Ripps and Jeremy Cahen had their countersuit against Yuga Labs dismissed and were ordered to pay the digital collectibles company nearly $9 million in damages.
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Ryder Ripps and Jeremy Cahen had their countersuit against Yuga Labs dismissed and were ordered to pay the digital collectibles company nearly $9 million in damages.
Following a security breach at NFT Trader, stolen BAYC and MAYC NFTs were quickly recovered, highlighting the need for improved security in the NFT space.
A BATHING APE® (BAPE®), renowned for its streetwear, announced today a forthcoming collaboration with Bored Ape Yacht Club (BAYC). The joint venture, in association with NFT production studio Yuga Labs, heralds a convergence of fashion and blockchain technology.
With the floor price of a staggering 153.7ETH at one point, BAYC has sunk to a 30ETH low. Many celebs, notably Justin Bieber, saw their once-highly priced token, take a nosedive as the NFT market is seemingly in a lull.
Can you believe the highest loss was more than a million dollars?
The concept for the BAYC group was realized by Celine Joshua, head of Universal label 10:22PM.
Law firm Scott+Scott alleges that Yuga Labs promoted a chance at huge returns on investment to “unsuspecting investors.”
Research the world of BAYCs, find out what they are all about, and check out on-chain data to see if the hype is real.
Will Web3’s billionaires be able to avoid public scrutiny under the cover of anonymity? With no clear answer, the community has slammed Buzzfeed for revealing the real identities of the two men behind the BAYC NFT collectible.