On Friday, Yuga Labs, the firm behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, announced the company acquired the intellectual property behind the Cryptopunks and Meebits brands. Furthermore, after obtaining the IP from Larva Labs, Yuga has decided to give “full commercial rights to the NFT holders.”Continue Reading

Following the startup’s partnership with Gamestop, the Sydney-based blockchain firm Immutable announced it raised $200 million in a Series C financing round led by Temasek. The company is now valued at $2.5 billion and Immutable plans to use the funds to scale the startup’s gaming studio. Immutable Raises $200 Million,Continue Reading

The American retail and pharmacy corporation CVS is looking to enter the metaverse according to trademark filings registered with the United States Patent and Trademark Office (USPTO). The filings mention things like CVS Health-brand “downloadable virtual goods” and “crypto-collectibles.” CVS Trademark Filings Discuss Virtual Worlds and NFTs The drugstore giantContinue Reading

Rarify, a startup that helps third parties include NFT elements in their tech platforms, has raised $10 million in its Series A funding round. The round was led by Pantera Capital, a leading cryptocurrency-based venture capital firm. The company has now reached a reported valuation of $100 billion amidst theContinue Reading

Celsius, the leading global cryptocurrency earning and borrowing platform, announced today it will be organizing its first hackathon in Belgrade on March 5-6, 2022. The challenge of this first hackathon, officially named Celsius NFT Hackathon, will be exploring the use-cases of NFTs in Celsius’ fintech and DeFi products. The participants will learn aboutContinue Reading