Auto Added by WPeMatico

Yuga Labs May Face a Potential Class-Action Lawsuit Over Apecoin and NFT Sales

According to the international law firm Scott+Scott’s website, there’s a possibility that the non-fungible token (NFT) company Yuga Labs may be threatened with a class action lawsuit for generally promoting…

Continue ReadingYuga Labs May Face a Potential Class-Action Lawsuit Over Apecoin and NFT Sales

Bored Ape Yacht Club Founder Criticizes Campaign That Says The BAYC Has Nazi Symbolism

On June 24, Wylie Aronow, better known online as Gordon Goner, co-founder of Yuga Labs, the startup behind the Bored Ape Yacht Club ( BAYC ) collection, took to Twitter…

Continue ReadingBored Ape Yacht Club Founder Criticizes Campaign That Says The BAYC Has Nazi Symbolism

Bill Gates Believes Crypto and NFTs Are Based on the Greater Fool Theory

The American business magnate and Co-Founder of Microsoft – Bill Gates – blasted non-fungible tokens (NFTs) for not providing any use-cases to society. In his view, cryptocurrencies and digital collectibles…

Continue ReadingBill Gates Believes Crypto and NFTs Are Based on the Greater Fool Theory