Bored Ape

Melania Trump released her latest collection of nonfungible tokens (NFTs), this time commemorating humanity’s giant leap on the Moon with a famous photo of NASA Astronaut Buzz Aldrin walking on the lunar surface. There’s just one thing though: NASA does not approve the use of its imagery for the digital tokens.China's Plan to Land Astronauts on the MoonThe former first lady released the Apollo 11 NFT collection on Wednesday, just one day before the 54th anniversary of the Apollo 11 mission. The limited edition collectible…

With crypto becoming a hell of a lot less appetizing over the last few months thanks to numerous crimes and scandals, game companies that were once so hungry for ballooning crypto profits have been creeping their chairs away from the dinner table, inch by squeaking inch.The Biggest Crypto Heists of 2022…So FarSega co-Chief Operating Officer Shuji Utsumi told Bloomberg in an interview that the company is no longer interested in making blockchain-based projects for its Sonic The Hedgehog and Yakuza franchises. Putting a…

Justin Bieber has seemingly lost more than 1.2 million real, fungible U.S. dollars on a single digital image of a sad chimpanzee. The multihyphenate pop sensation and mega-star joined in on the crypto/NFT celeb-endorsement hype train in January 2022, when he purchased one of Yuga Labs’ notoriously shitty-looking Bored Apes. The Biggest Crypto Heists of 2022…So FarThe Canadian singer bought into the Bored Ape Yacht Club to the tune of $1.29 million (500 ETH) early last year. Even at the time, that purchase price seemed…

Yuga Labs Inc. helped popularize nonfungible tokens with its Bored Ape Yacht Club collection, first introduced two years ago. The cartoon illustrations of slack-jawed primates, decorated with various accessories and expressions, sold for millions of dollars at the peak of the NFT frenzy last year. Now the bloom is firmly off the NFT rose, as it is with most things linked to cryptocurrencies these days. But for Daniel Alegre, the former Activision Blizzard Inc. executive who joined Yuga as chief executive officer last…

Former Barclays Plc bond traders Ovie Faruq and Mike Anderson have sold a collection of iconic digital art that triggered their departure from banking and their pursuit of careers in nonfungible tokens. Faruq and Anderson sold 72 Bored Ape Yacht Club NFTs for between 78.08 and 78.18 Ether each this week, which translates to roughly $9.25 million, according to transactions recorded on NFT marketplace OpenSea. Faruq said the initial investment was around $1.14 million, which would make for at least 700%…

Let the world envy your overpriced IRL CryptoPunk NFT with a diamond encrusted necklace from Tiffany & Co.It seems like it was just yesterday when NFT proponents were busy trying to justify spending buckets of money on digital collectibles—and spewing tons of carbon dioxide into the atmosphere of our struggling planet—that could largely be seen for free online. But what if everyone could admire your outrageously priced CryptoPunk or Bored Ape encrusted in IRL diamonds? This week, Tiffany & Co. announced its foray…

The Bored Ape Yacht Club is one of the most noteworthy NFT collections on the Internet.Image: Mario Tama (Getty Images)You know the Bored Ape Yacht Club, the popular NFT collection that has enticed the likes of Justin Bieber, Paris Hilton, Jimmy Fallon? Well, the company behind the collection, Yuga Labs, is suing an artist they believe is trying to devalue the Bored Ape Yacht Club. The first rule of Bored Ape Yacht Club: Do not devalue Bored Ape Yacht Club. Yuga Labs filed a trademarkinfringement lawsuit in California…