‘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: 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 […]

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 […]