Yuga Labs, the company behind one of the biggest and most valuable NFT collections in the industry, the Bored Ape Yacht Club, announced Friday that it has bought the rights to the intellectual property of the other two most popular collections – CryptoPunks and Meebits – from Larva Labs. Yuga Labs announced Friday that it…
According to a recent analysis by crypto news site Protos, non-fungible token (NFT) sales plummeted 90% since the record sales on May 3. Market data shows over 130,000 NFT sales in a single day, and 30 days later, NFT sales dropped more than 35% last month, reaching over 84,000. Since peaking on May 3, when…