BAYC Ape Creator Yuga Labs Faces SEC Probe

Cryptocurrency Market News Live Updates and Latest News: The Global digital asset market registered a marginal recovery over the past day. The cumulative market cap now stands at around $922 billion. However, the U.S. Securities and Exchange Commission (SEC) has launched a probe against the BAYC’s parent company Yuga labs over the nature of certain NFTs. Global investors are still waiting for the CPI numbers to drop.

Live

2022-10-12T15:50:00+5:30

Ripple Gains More Support in SEC lawsuit

The Crucial long running lawsuit between US SEC and Ripple will welcome more third parties after the court’s big decision. The Judge allowed two parties to file amicus briefs in the favor of Ripple.

2022-10-12T15:10:00+5:30

Elon Musk Again Pumps Dogecoin

Elon Musk, the world’s richest person and Tesla Chief again mentioned Dogecoin in his tweets. He mentioned that Its Boring Company’s new product Burnt Hair perfume can be bought against DOGE. Reacting to this, Dogecoin’s price has surged by around 3%.

2022-10-12T13:35:00+5:30

STEPN Might Lay Off Staff In Bear Market

Wu Blockchain reported that STEPN, a famous blockchain game might start to lay off staff in the bear market. It added that the company might lay off around 100 MODs, ambassadors, and more. The firm will reduce investment in STEPN as well.

2022-10-12T12:55:00+5:30

Grayscale Calls Out SEC Over Discriminatory Behaviour

Grayscale, the world’s largest crypto asset management company has lashed out at the US SEC for rejecting its spot Bitcoin (BTC) ETF in the latest lawsuit filings.

2022-10-12T12:15:00+5:30

Bored Ape Parent Company Yuga Labs Faces SEC Probe

The U.S. Securities and Exchange Commission (SEC) has launched an against the BAYC’s creator Yuga labs over the nature of certain NFTs. It mentions whether some NFTs should follow the stock rules and also investigate the distribution of ApeCoin.

Disclaimer

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

About Author

Source: https://coingape.com/cryptocurrency-news-live-updates-bayc-ape-creator-yuga-labs-faces-sec-probe/