A U.S. judge has thrown out an investor lawsuit against Web3 powerhouse Yuga Labs, concluding that the company's Bored Ape Yacht Club (BAYC) and related NFTs cannot be classified as securities under federal law. The ruling signifies a high-profile legal victory both for Yuga Labs and the evolving NFT regulatory landscape, which could be commonly misunderstood by fans.

Magic Eden launches Ethereum NFT marketplace with Yuga Labs collaboration. Creator royalties emphasized. Rewards program and Creator's Alliance initiative introduced. Platform aims for fair compensation and community support.

Yuga Labs effectively recovers stolen digital art via a strategic ETH payment.

Wylie Aronow, co-founder of Yuga Labs, despite making progress in his health, is not prepared to return to active work, and emphasises the need for sustained well-being.

Yuga Labs and Magic Eden, key players in the Web3 space, are set to launch the Magic Eden Ethereum marketplace, becoming the first major Ethereum marketplace with a contractual commitment to uphold creator royalties. This partnership underscores their commitment to protecting the rights and rewards of content creators in the Web3 ecosystem, emphasizing continuous earnings for artists.

Yuga Labs employee has resigned amid controversy surrounding past racially insensitive and antisemitic tweets, sending ripples through the NFT community. The incident has raised concerns about background screenings in the industry and brought past allegations against Yuga Labs back into the spotlight.

The Bored Ape Yacht Club's former Social Lead, Shpend Salihu, has resigned after the resurfacing of racist and antisemitic posts from his past.

At ApeFest 2023 in Hong Kong, BMW introduced its latest creation, the i5 M60 affectionately named the 'Ape Car.' Attendees were astonished as this sporty electric vehicle became a canvas for ape caricatures, symbolizing the NFT frenzy.

Yuga Lab's feud with OpenSea is escalating- and the platform shows that its not a case of 'all bark and no bite'

Some participants at Yuga Labs' ApeFest event have raised concerns regarding eye discomfort and vision impairment, alleging that these issues stem from inadequate lighting conditions.