Waylon Wilcox, a 45-year-old man based in Dillsburg Pennsylvania has pleaded guilty to tax evasion after he failed to report income from CryptoPunk sales. Wilcox evaded about $3.3 million worth of taxes from the sale of 97 CryptoPunk NFTs between 2021 and 2022. On April 14th 2025 the U.S. Attorney’s Office for the Middle District […]
Yuga labs
Victory for NFTs: SEC Drops Investigation Into Yuga Labs
The U.S. Securities and Exchange Commission (SEC) has closed its investigation into Yuga Labs, the company behind the Bored Ape Yacht Club (BAYC) NFT collection. The commission launched the investigations in late 2022 to determine whether Yuga Labs’ offerings violated securities laws. Yuga Labs announced the decision in a March 3 post, celebrating it as […]
Yuga Labs’ Bold Move: Royalties Only Zone
NFT behemoth Yuga Labs announced that it plans to withdraw its support of those platforms that do not enforce creator royalties, claiming that “royalties are the lifeline that keeps creators building fun, weird, and innovative activations in the space. This meant Yuga Labs collections with royalty filters at the protocol level could only be traded […]
Yuga Labs Strengthens NFT Dominance With Proof Acquisition
The Yuga Labs, which operates Bored Apes Yacht Club (BAYC), have recently successfully executed a crucial move regarding the NFT sphere. The firm has managed to complete the Proof acquisition, an NFT startup promising in the field that has deftly developed its Moonbirds collection. This grab entails a multi-layered integration incorporating the Proof Collective, Moonbirds, […]
TwelveFold Auction: Yuga Labs’ Bitcoin Ordinal NFTs Smash Records
Yuga Labs, a leading NFT marketplace, has raised an astounding $16.5 million in just 24 hours through the auction of its inaugural Bitcoin Ordinal nonfungible token collection. In a recent announcement via Twitter, Yuga Labs declared the conclusion of The TwelveFold auction. The top 288 bidders will be pleased to learn that they will receive their inscription […]
Yuga Labs’ Bitcoin NFT Collection Draws Ire Over Bidding Process
BAYC creator Yuga labs have recently opened the auction process for its Bitcoin NFT collection TwelveFold via a press release on March 5. In accordance with it, interested users will have to transfer their entire bid amount to an address controlled by Yuga. Winners would simply pay up the BTC they bid, while Yuga said […]
Bitcoin: BAYC Pioneer Yuga labs Offers A Sneak Peek Of BTC-Based NFTs
Yuga Labs is set to debut a limited edition Bitcoin-based NFts called TwelveFold. 300 works of generative art written with satoshis on the Bitcoin blockchain will be included in the collection. As per the announcement, the TwelveFold auction will go live later this week. Details about the sale, including the precise time, will be disclosed […]
SEC takes on NFTs: Yuga Labs under investigation
Non-Fungible Tokens are now not in the best condition. There has been a noticeable decline in NFT sales on various NFT markets, notably OpenSea, indicating that the enthusiasm surrounding the technology has worn off. However, as evidenced by the SEC’s probe into Yuga Labs, the attention surrounding NFTs doesn’t seem to be abating. Yuga Labs, […]
NFTs that “melt in your mouth”: BAYC partners with M&Ms
The creators of the Bored Ape Yacht Club (BAYC) have exploited their permissive commercialization rights to incorporate their Ethereum NFT graphics into a variety of products, including toys, clothing, restaurants, and alcohol packaging. However, special edition M&Ms now allow you to consume a few Bored Apes. Today, the candy company Mars revealed that it has […]
Ethereum Merge: Talk of the town
The Ethereum merge is the only topic being discussed right now in the crypto sphere. A hotly debated subject has been the network-wide update that will turn Ethereum into a proof-of-stake (PoS) network. Given the numerous setbacks it has previously had, some people are still optimistic about its appearance in September, while a small number […]