The 288 NFTs minted will be inscribed onto satoshis, the smallest denomination of bitcoin (BTC), on the Bitcoin blockchain. One token sold for as high as 7.1159 BTC, or about $159,600 at the time of w...
Tag: Labs
Bitcoin NFT Auction by Yuga Labs Draws In $16.5 Million Despite Criticism
The Yuga Labs 12Fold Collection auction ended yesterday. The event kicked off on March 5 and based on the announcement, 288 bidders will receive 288 inscriptions from the 300 NFT-like images on Satosh...
Mysten Labs Partners With Alibaba Cloud to Support the Growth of the Sui Ecosystem
PALO ALTO, Calif.–(BUSINESS WIRE)–Mysten Labs (“Mysten” or the “Company”), a Web3 infrastructure company and initial developer of the Sui Layer 1 blockchain, today announced the signing of a Memorandu...
Yuga Labs Nets $16.5M Under 24 Hours of TwelveFold NFT Auction
Yuga Labs has confirmed that the top 288 bidders will receive their inscriptions within the week. Yuga Labs has just concluded the auction of its first-ever Bitcoin-based non-fungible token (NFT) coll...
Bitcoin Ordinals Launch Triggers Demand for Yuga Labs NFTs
Hours after Yuga Labs launched its TwelveFold non-fungible token on the Bitcoin blockchain, other NFTs by the issuer are seeing a push. In the meantime, Yuga Labs concluded the TwelveFold auction with...
Over 2 BTC For an NFT? Yuga Labs Concludes TwelveFold Auction
There’s been a lot of excitement in the space of Bitcoin ordinals lately, which saw multiple collections auction their NFTs for a lot of money. However, one team that’s well-known in the field of non-...
Circle Dropped Automated Clearing House Payments: Dapper Labs
Dapper Labs said Monday it can no longer process Automated Clearing House (ACH) payments due to its payment partner, Circle. In an announcement on its public Discord server, Dapper said Circle has mad...
Animoca-backed Forkast Labs creates S&P 500 of NFTs
Media and web3 infrastructure player Forkast Labs created a suite of index trackers for digital assets, which measure data from different parts of the sector in real-time. These include tracker...
Yuga Labs’ Bitcoin NFT Auction Collects Over $16 M
59 seconds ago | 2 mins read NFT News 288 successful bidders and the bids accumulated $16.5 million. The minimum quantity of bids was 20,000 satoshis. Yuga Labs, the parent company of Bored Ape Yacht ...
Yuga Labs’ first Bitcoin NFT auction nets $16.5M in 24 hours
The auction for Yuga Labs’ inaugural Bitcoin Ordinal nonfungible token (NFT) collection has ended, netting the firm $16.5 million in just 24 hours. A total of 288 bidders won one of the Bitcoin NFTs ...
Yuga Labs concludes $16M TwelveFold auction
Yuga Labs’ TwelveFold auction, which saw the company sell its collection of Bitcoin ordinals, has ended following a weekend sale. The auction saw 288 successful bidders win the collectible crypt...
Yuga Labs bitcoin NFT auction concludes amid complaints about its method
Yuga Labs’ experiment with Bitcoin Ordinals drew 288 winning bids, with one reaching nearly $160,000 for a single NFT. The 24-hour auction of the collection, named TwelveFold, ended at aro...
Singapore Probes Do Kwon’s Terraform Labs Amid Claims of Laundering $100M Since the Project Collapsed ⋆ ZyCrypto
Advertisement     Singapore maintains that the crypto fugitive is not in the country. The SEC sued Kwon and his companies last month, accusing him of money laundering....
NFT Firm Yuga Labs Faces Criticism Over Bitcoin Auction Plan
Yuga Labs, the non-fungible token (NFT) firm that gained prominence due to multiple Ethereum-based NFT collections, has drawn criticism from the cryptocurrency community over its plan to auction its n...
Ordinals Creator Slams Yuga Labs for “Degenerate” Bitcoin NFT Auction
While many were excited when Yuga Labs announced its first ordinals NFT collection last month, the exact nature of its auction process is proving highly controversial. Casey Rodarmor – the inventor o...
Yuga Labs’ Bitcoin NFTs top bid is 2 BTC; draws criticism for auction model
Ad Yuga Labs’ TwelveFold Bitcoin (BTC) NFT top 288 bids are led by a 2 BTC bid (around $50,000), with the lowest being 0.111222 BTC ($250) as of press time. However, the collection has drawn heavy cri...
Critic Says Yuga Labs Bitcoin NFTs Auction Sets ‘Really Bad Precedent’
Yuga Labs Bitcoin NFT offering has kicked off with a bang. The firm behind Bored Ape Yacht Club (BAYC) NFTs opened bids for its first 300-piece Bitcoin NFT collection, called TwelveFold, early Monday ...
Singapore investigating Do Kwon’s Terraform Labs
Terraform Labs, the company co-founded by Do Kwon which is also behind the collapsed Terra ecosystem, is facing fresh investigations from the Singaporean police. Singapore probes Terraform Labs Accord...
Do Kwon’s Terraform Labs under investigation in Singapore
Ad Singapore police have launched an investigation into Terraform Labs and its founder Do Kwon, who remains a fugitive in his home country South Korea, Bloomberg News reported, citing an emailed state...
Singapore Starts an Investigation Against Terraform Labs (Report)
Singapore’s law enforcement agencies have reportedly begun a probe against Terraform Labs – the infamous blockchain project co-founded by crypto fugitive Do Kwon. The authorities also estimated that ...
Crypto Community Criticises Yuga Labs’ Auction Model For Its First Bitcoin NFT
Last weekend was hot for Yuga Labs as the crypto community criticized how it modeled its first Bitcoin NFT auction. The creator of the Bitcoin NFT protocol Ordinals also expressed displeasure at the m...
Yuga Labs Launches Auction of Bitcoin Ordinals NFT Collection
Yuga Labs is facing backlash from the crypto community after releasing its TwelveFold non-fungible tokens (NFTs) on the Bitcoin blockchain. The Bitcoin NFTs, built using the Ordinals theory, are gaini...
Bware Labs is disrupting the industry paradigm with the launch…
Bucharest, Romania,7.03.2023 – Bware Labs, a leading blockchain infrastructure provider, is launching today the mainnet of their blockchain API platform, Blast. Blast is a blockchain API platfo...
Yuga Labs announce its TwelveFold auction
Yuga Labs shares its plans and takes a great deal of pride in making its official announcement of the launching of its TwelveFold auction. This happens to be slated for the 5th of March, 2023, and be ...
Uniswap Labs Reveals New Crypto Wallet, Says Apple Won’t Green Light iOS Launch
The development team behind crypto exchange Uniswap (UNI) is revealing a new crypto wallet, but says that tech giant Apple has not yet approved its launch for iOS. In a lengthy thread, Uniswap Labs sa...
Yuga Labs’ Bitcoin NFT collection TwelveFold to be auctioned Sunday
NFT heavyweight Yuga Labs laid out the terms of the auction for its Bitcoin NFT collection TwelveFold on Sunday, which is due to start at 3 p.m. PT. Of the 300 NFTs on offer, which were generat...
Apple’s App Store Approval Delays Uniswap Labs Mobile Wallet Launch
18 hours ago | 2 mins read Defi News This mobile application will be completely autonomous and open-sourced. It is assumed that Apple is wary of releasing crypto-related products. This past Friday, Un...
Koii Labs, Idexos launch middleware bridge aiming to replace CEXs
Attacks on bridge technology in 2022 led to the theft of $2.5 billion from decentralized finance (DeFi) protocols, according to a report by Token Terminal. While this could have been a setback for man...