Yuga Labs has been busy over the past few weeks. The biggest announcement to date, the acquisition of CryptoPunks & Meebits from Larva Labs for an undisclosed amount, which seems to have sparked new life into the NFT market. The bombshell announcement was generally taken positively by the community, especially when BAYC announced they will be giving IP rights of …
Yuga Labs and BAYC/MAYC Community have been Busy Read More »
Not sure if anyone follows Twitter activity of some of the large personalities in the space, but Do Kwon (founder of LUNA) is on a mission to build up a Bitcoin treasury for LUNA. Long story short, it helps capitalize the LUNA/UST value by diversifying into another currency. Over the past few weeks, they have been buying Bitcoin like …
Luna Foundation Guard (LFG) has single handedly saved BTC Read More »
The past week was eventful for the Axie team and users on the Ronin blockchain (an EVM compatible side chain that supports the Axie ecosystem). It seems a hacker was able to exploit the bridge and drain its ETH/USDC reserves valued at $625M. The exploit was not caught until 6 days later when someone tried to bridge ETH from …
Coinbase (“COIN”) is currently working with the GS to list directly on the Nasdaq. Rumors speculate that the listing will be between April/June as COIN works through outstanding items with the SEC. For FY2020, COIN reported ~$1.3B in revenue (139% YoY) and EBITDA of ~$527mm (41% margin). Most recently, COIN shares traded on Nasdaq private …