‘Huge signal and validation’ — Top Activision exec to take Yuga Labs’ helm

The appointment of one of Activision Blizzard’s highest-ranking executives to a leadership position at Bored Ape Yacht Club (BAYC) parent Yuga Labs has been seen as a boon for its metaverse efforts and another sign of validation of the crypto industry. On Dec. 19, Yuga Labs confirmed it has appointed Daniel Alegre, the current president and […]
Nifty News: Reddit NFT mints reach all-time high, EU’s $400K Metaverse party flops and more

Reddit’ NFT minting hits new high Reddit’s nonfungible token (NFT) collection hit another milestone on Dec. 3 with a record 255,000 of its “avatars” minted in the one day. The new minting record beat the previous all-time highs on Aug. 30 and 31, which saw just over 200,000 Reddit avatars minted each day. The NFTs […]
Nifty News: Nike unveils NFT platform, Steve Jobs’ sandals sell for $200K and more
Nike’s “Dot Swoosh” platform lands Footwear and apparel giant Nike has unveiled its latest foray into the non-fungible token (NFT) and Metaverse space with the launch of an NFT marketplace named “.Swoosh” While .Swoosh is still in the beta phase, Nike announced that its “first digital collection” is set to launch on the web3 platform […]
Nifty News: Reddit NFTs surge into OpenSea top 10, judge likens NFTs to ‘luxury’ property and more
Reddit NFTs among OpenSea’s top 10 collections Reddit’s Polygon-based nonfungible token (NFT) venture continues to impress with three of its tokenized avatar collections cracking the top 10 projects on OpenSea in terms of sales volume this week. Looking at the 24-hour sales volume chart, Spooky Season by Reddit user poieeeyee is ranked second with 274 […]
Bored Ape creators and other NFT projects investigated by SEC probe

Nifty News: Yuga Labs launches BAYC council, Animoca backs Cool Cats and more…
Yuga Labs has announced a new Bored Ape Yacht Club (BAYC) community council to help the project “grow and thrive.” The team revealed seven council members in an Oct. 5 blog post, noting that they are all OGs who have been around since the early days of the BAYC. Yuga Labs said it assembled a […]
The Sandbox’s Instagram account compromised, hackers try to rent BAYC NFTs

Metaverse platform The Sandbox saw its Instagram profile hacked and used to try and rent out Bored Ape Yacht Club nonfungible tokens (NFTs) from a number of users on the social media platform. The voxel-powered NFT platform’s profile was compromised by hackers on Thursday, promoting a fabricated raffle ticket event that touted a season 4 […]