Yuga Labs, the metaverse powerhouse behind Bored Ape Yacht Club, is intensifying its lawsuit against Jeremy Cahen. Cahen, known online as Pauly0x, has since been subjected to aggressive legal attacks by the corporation. The company is currently making aggressive moves to recoup money it’s owed from an earlier court decision....
Yuga Labs wants $400,000 from Pauly0x. That's the headline. But the story behind that number is tremendously sobering. That’s dangerous both for those who care about free expression and the future of Web3 itself. This is not just a critique of Bored Apes but a critique of the underlying power...
Yuga Labs is seeking $400,000 in damages from Jeremy Cahen, better known as Pauly0x. We all know the story by now: the Bored Ape Yacht Club creators won a hefty judgment against him for trademark infringement related to his RR/BAYC parody project. Now, they're going after his crypto wallets. Could...
Liechtenstein-based blockchain platform LCX has introduced a comprehensive new end-to-end tokenization framework. This updated system makes it easier for users to gain exposure to precious metals through the digital asset space. This innovative system centers around three new utility tokens: LCX Gold (LCXG), LCX Silver (LCXS), and LCX Platinum (LCXP)....
LCX’s new tokenization framework, and it’s promise of digital access to gold, silver and platinum through utility tokens, has landed. Before you run out and load up your portfolio with LCXG, LCXS, and LCXP, hold up. Is this really democratizing access to precious metals? Is this just an attention grabbing...
The NFT space is buzzing, isn't it? We have all followed the NFT hype, the NFT crashes, the Bored Apes selling for hundreds of thousands of dollars (and then crashing). If we’re honest, the present NFT narrative is extremely Western-focused. It’s time we looked East, as Southeast Asia is set...
Waylon Wilcox, a 45-year-old NFT trader, has pleaded guilty to underreporting nearly $13 million in profits from selling CryptoPunk NFTs. The sales occurred across 2021 and 2022. Wilcox is now facing up to six years in federal prison, as well as possible fines and terms of supervised release.Last year, Wilcox...
A Cold War–era bunker, purchased with crypto, controlled by a DAO. It may read like the prologue to a dystopian film, right? Dead Bruv’s new “Meatbags” NFT initiative is intriguing to say the least. It seeks to buy a 20th century paradigm with 21st century dollars! They’re hawking 100,000 virtual...
Andreessen Horowitz (a16z) is one of the most active investors in cryptocurrency and fintech. They are proving time and again that they’re the dominant player in the digital asset space. The firm has already made a number of strategic investments. This step demonstrates its bold confidence in the long-term promise...
In fact, just this week NFT-UNI.com, yet another domain used in a “pig butchering” scam was seized by the U.S. Secret Service. Another one. This isn’t an esoteric issue for tech bros to argue about over lattes. We’re not just talking about bankers’ greed—we’re talking about real people losing their...
