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CryptoBlog n.1990


???? Bored Ape Yacht Club NFTs sold for millions in 2021—prices have dropped 90% since then Yuga Labs, the creator of the viral Bored Ape Yacht Club non-fungible tokens, announced a new round of layoffs on Friday as the NFT frenzy appears to cool. Greg Solano, YugaLab’s CEO, announced that the startup would lay off an unspecified number of employees as it undergoes “restructuring.”. “To put it simply: Yuga lost its way,” he wrote in a statement posted on X. “Getting ourselves centered and on the right path means being a smaller more agile and cryptonative team.”.

CryptoBlog n.1989


Thailand is reportedly blocking unauthorized cryptocurrency platforms to enhance cybercrime enforcement, following previous bans on exchanges like Binance and Bybit.

CryptoBlog n.1988


SBF has reportedly agreed to a $1.3m settlement to assist in pursuing celebrities who promoted FTX, following his 25-year fraud sentence. He will disclose his assets and his ties to the Anthropic AI startup.

CryptoBlog n.1987


???? Man City NFT Cards Dish Out ‘Money Can’t Buy’ Prizes Today Today, Man City is taking strides into the web3 scene yet again. This time around, with a collection of NFT cards on Animoca Brands subsidiary Quidd (an Ethereum-based NFT marketplace).  The ‘Manchester City 2023-24’ NFTs, dropping today at 7 pm (BST), features 266 cards spread over 22 sets, including 23 coveted ‘Metal Shinies’ representing each player and the football team’s esteemed manager.