Bored Ape Yacht Club


Policy

SEC Probing Bored Ape Creator Yuga Labs Over Unregistered Offerings: Report

The key legal question at the center of the probe, according to Bloomberg, is whether NFTs are securities.

(Bored Ape Yacht Club, modified by CoinDesk)

Web3

Bored Ape Creator Yuga Labs Unveils Community Council to Help Shape Future Initiatives

The council is made up of seven notable Bored Ape collectors tasked with providing feedback to Yuga Labs and uplifting community-driven projects.

Bored Ape Yacht Club BAYC Community Council (Yuga Labs)

Markets

ApeCoin's APE Could See Selling Pressure Ahead of Major Token Unlock

More than 25 million APE tokens will be released to launch contributors, representing nearly 8% of the circulating supply.

ApeCoin’s APE tokens slid early Friday ahead of a token unlock over the weekend. (Bored Ape Yacht Club, modified by CoinDesk)

Finance

Bored Ape NFT Band to Make Music With Beyoncé-, Timberlake-Linked Producers

Grammy Award-winning producers James Fauntleroy and Hit-Boy are creating the sound of Universal Music Group’s Kingship band.

The "band" didn't previously have a road map to actually making music. (10:22PM/Universal)

Videos

Metaverse Takes Center Stage at MTV VMAs with Snoop Dogg, Eminem

Snoop Dogg and Eminem performed at the MTV VMAs taking inspiration from Yuga Labs’ upcoming metaverse gaming platform “Otherside.” Separately, K-pop girl group Blackpink won the Best Metaverse Performance award. “The Hash” team discusses how the metaverse is going mainstream.

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Videos

Mars Unveils Bored-Ape-Themed M&M’s Candy

In a licensing deal with Universal Music Group, candy brand Mars is releasing limited-edition M&M’s featuring non-fungible token (NFT) images of Bored Ape Yacht Club. “The Hash” team discusses the latest in NFT land merging with the real world.

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Finance

Most NFT Projects ‘Convey No Actual Ownership’: Galaxy Digital Research

NFTs giving token holders total ownership rights is an ambitious idea, one that's “a long way off,” Alex Thorn, head of research at Galaxy Digital, said on CoinDesk TV’s “First Mover.”

Alex Thorn, head of research at Galaxy Digital, speaks at Consensus 2022. (Shutterstock/CoinDesk)

Videos

Only 1 in Top 25 NFT Projects Attempt to Give True Ownership, Report Claims

A new Galaxy Digital report explores the concerns over non-fungible token (NFT) intellectual property (IP) rights. Galaxy Digital Head of Research Alex Thorn breaks down the key takeaways, saying “only one project in the top 25 by implied market cap actually attempts to give true ownership for the underlying artwork to its token holders.”

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Finance

Bank Run at NFT Lender BendDAO Prompts Attempt to Avert Another Liquidity Crisis

Faulty auction mechanics highlighted the downside of letting people borrow money against their Bored Apes.

A Bored Ape owner searches for upside without risking auction liquidation. (Danny Nelson/CoinDesk)

Videos

Bored Ape NFTs Nearing Mass Liquidations on BendDAO

Dozens of Bored Ape Yacht Club non-fungible tokens (NFT) used as collateral for loans on NFT lending platform BendDAO sit perilously close to being forcibly sold, and there's worry that could trigger even more liquidations. "The Hash" panel discusses the outlook for Bored Apes and NFT lending at large amid a cooling digital collectibles market.

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