ChainCatcher news, Yuga Labs co-founder Wylie Arnow posted on social media, "Those who mocked Fartcoin during this round of the market are now gloating over its pullback as the overall market declines, as if this proves their skepticism was correct. But for me, this reaction is precisely a signal of its dominance.In the historic market of 2021, every pullback of BAYC was accompanied by similar 'I told you so' remarks, only to spark disbelief when it surged again. Fartcoin attracts attention in both bull and bear markets, indicating that it remains the focal point of the broader narrative around financial nihilism, a narrative that (in my view) will not disappear.I sold some to recoup my investment and took profits on a portion at around $1 billion market cap in several other wallets. Other than that, I am still holding and remain one of the top ten holders. Maybe I’m wrong? I’m often wrong. But in any case, I’m having a lot of fun. Also, if my Fartcoin posts annoy you, I apologize. Trading is something I can easily handle when I'm unwell, and Fartcoin is very interesting to me right now."

ChainCatcher message, previously disclosed by anonymous researcher Waleswoosh on the X platform regarding OpenSea's registration of the Azuki NFT series in the Cayman Islands, stated, "What would the market look like if the blue-chip NFT project CryptoPunks released PUNK tokens?"Yuga Labs co-founder Garga.eth (Greg Solano) responded, "wow, I never thought of that."

ChainCatcher news, Yuga Labs co-founder Greg Solano announced that Yuga Labs has acquired the technology of the token proof protocol tokenproof, and some members of tokenproof will join Yuga Labs' R&D department The Workshop.

ChainCatcher message, according to the popularity index ranking data from the Web3 asset data platform RootData, as of October 21, 10:20, the top five projects in the Web3 popular projects Top 100 are: Bored Ape Yacht Club, Aleo, Eclipse, Otherside, and Cros.In addition, Yuga Labs has seen the largest ranking increase, rising 829 places overall.It is reported that RootData has launched the first "Web3 Popular Projects Ranking." This popularity ranking helps users capture the real pulse of attention and improve the accuracy of investment decisions through 4.3 million real user behavior data. The ranking will be calculated in real-time based on the weighted frequency of user searches, project clicks, user votes, and the popularity and influence on the X platform.

ChainCatcher news, according to Yuga Labs co-founder Garga.eth (Greg Solano), the Workshop team has released the first ApeChain native product, Top Trader, which is an on-chain trading simulation game that allows users to trade with 1000x leverage without real financial risk. Top Trader integrates multiple tools, such as Ape Portal to support cross-chain payment for purchase fees, Yuga ID for seamless account abstraction, Gas sponsorship for transactions to enhance user experience, and tournament rewards managed through a restart protocol.

ChainCatcher news, Yuga Labs co-founder Wylie Arnow (GordonGoner) posted on the X platform: "I don't know if DeGods' actions will be effective in the long run (almost nothing works), I wouldn't do this for BAYC, but it's definitely interesting to watch this project attempt crazy moves, and it’s clearly worth it, good luck."Previously, the NFT project DeGods announced the launch of the DEGOD token, allowing users to convert DeGods, y00ts, or DUST.

ChainCatcher news, Yuga Labs CEO Garge.eth posted on social media that shortly after taking over as CEO, he established a new department called Workshop focused on innovative products. He expressed the hope of drawing experience from Coinbase's launch of the Base blockchain, allowing the team to concentrate on building innovative ApeChain products.Garge.eth also stated that Workshop will soon launch the first batch of products on ApeChain. It is currently uncertain whether these products will be well-received by the community, and if they are not accepted, they will be canceled.

ChainCatcher news, Yuga Labs co-founder Garga.eth posted on social media: "Sharing some latest news: In order to better align with the spirit that initially led to our success and to enable builders and creators to access democratically, we have decided to donate these patents to the open-source community.Some of the patent applications were submitted under the previous leadership team at Yuga, and some have now been approved. The first of these patents will be announced later this week, and the donation should be completed soon."

ChainCatcher news, Yuga Labs co-founder Garga.eth posted on X stating that Yuga Labs will no longer engage with Cryptopunks, and Cryptopunks will be fully decentralized. Yuga Labs' only intention is to support some museums and institutions in acquiring Cryptopunks.In addition, the current plan is to randomly airdrop Nina's latest NFT collection to SuperCoolWorld holders.

ChainCatcher news, about two months after being acquired by NFT heavyweight Yuga Labs, Moonbirds announced a major shift. This NFT series will now enhance holders' rights to commercialize individual Moonbirds, as announced on the X platform."Starting today, Moonbirds will join Mythics, becoming a series with commercial rights," the post stated. "If you created something during the CC0 era, that's cool. But from now on, you need to own a Moonbird to continue doing so." In 2022, Moonbirds shocked some holders when it suddenly changed its copyright model. At that time, Moonbirds adopted the Creative Commons CC0 copyright code, meaning the artwork became part of the public domain and could be freely commercialized without the owner's consent. Meanwhile, Moonbirds was acquired by Yuga Labs in February, the powerful NFT studio that created Bored Ape Yacht Club and owns the rights to CryptoPunks.

ChainCatcher news, DL News reveals an email sent by Yuga Labs CEO Greg Solano to internal staff, in which Greg Solano stated that Yuga Labs has "lost its way" and is struggling under a "labyrinthine process." The announcement was made to change Yuga Labs to return to its roots. Greg Solano also mentioned that Yuga Labs needs a team that does less but does it excellently, but is currently in a difficult mode.

ChainCatcher news, according to The Block, Yuga Labs is undergoing a restructuring, which has led to some team members being laid off on Friday.It is reported that Yuga Labs co-founder Greg Solano has posted a memo announcing the company's restructuring on social media since taking over as CEO in February.Regarding the restructuring announcement, Solano stated, "Today is a very difficult day. I am determined to change Yuga and bring us back to our original intent, which means making tough decisions. So far, the hardest decision has been to say goodbye to some talented team members."In the memo, Solano mentioned that Yuga Labs "has lost its way" and will focus on building "a smaller, more agile, and more crypto-native team."

ChainCatcher news, game studio Faraway announced on social media the acquisition of two major game IPs from Yuga Labs, "HV-MTL" and "Legends of the Mara." This acquisition is part of Faraway's strategy to build an interoperable gaming ecosystem, and new point systems and more integrations will be introduced in these two games to further enhance the IPs.It is reported that the new "HV-MTL Points" and "LoTM Points" will be added to the NFT metadata and will support cross-game interactions within the Faraway network. Additionally, Faraway announced the appointment of Web3 gaming veteran Spencer Tucker as Chief Product Officer.According to crypto data platform RootData, in November 2021, Faraway completed a $21 million Series A funding round, led by FTX and Lightspeed Venture Partners, with participation from a16z, Solana, Jump Capital, Sequoia Capital, and Pantera Capital.

ChainCatcher news, according to The Block, Yuga Labs has requested that a U.S. court sanction Ripps on the grounds that Ripps allegedly destroyed the private keys of a wallet containing RR/BAYC NFTs to "obstruct" the court's injunction.Yuga Labs stated in the filing: "In light of Mr. Ripps' malicious destruction of the private keys, provision of false statements, and ongoing misrepresentation to Yuga Labs and the court, the court should exercise its inherent power to sanction Mr. Ripps."In a response submitted on Monday, the defendant requested that the court deny Yuga Labs' request for sanctions. The filing stated that Ripps' attorney had contacted Yuga Labs' attorney, contradicting the company's filing from last week. The document also claimed that Ripps fully complied with the injunction from October, except for the order related to the wallet he lost access to.Previously, in news regarding the BAYC copycat RR/BAYC infringement lawsuit, U.S. District Judge John F. Walter ordered Ryder Ripps and Jeremy Cahen to pay Yuga Labs nearly $9 million in forfeited profits, fines, attorney fees, and other costs in the final judgment.

ChainCatcher news, Yuga Labs co-founder Gargamel announced on social media: "To celebrate the launch of the Magic Eden Ethereum marketplace, we will reduce royalties for 69 days."It is reported that for all collectibles with enforced royalties, the royalty will be reduced by 2.5%; while for traditional collectibles, the royalty will be reduced by 1%.

ChainCatcher news, Yuga Labs stated that during the debut of its sewer parkour game "Dookey Dash: Unclogginged," it will offer a prize pool worth at least $1 million. The company has temporarily declined to respond regarding whether the prize pool will be paid in ApeCoin, stating that more details will be announced soon.Previously, it was announced that Dookey Dash will launch the Unclogginged version in the first quarter of 2024, which will be open to all users and will also provide token rewards to holders of Yuga Labs' NFTs.

ChainCatcher message, Yuga Labs stated on X that the new Magic Eden Ethereum marketplace, launched in collaboration with Magic Eden, will go live tomorrow.In addition, starting tomorrow, Yuga Labs will cease partnerships with NFT marketplaces that do not support all creator royalties. Collections from Yuga Labs with royalty filters can only be traded on marketplaces that respect all creator royalties at the protocol level.

ChainCatcher news, Yuga Labs co-founder Greg Solano announced that he will resume his role as CEO of Yuga Labs. Greg Solano stated that the utility of BAYC comes from the community. From everyone in the club, the aim is to free the Yuga BAYC team as much as possible to execute according to their vision. To this end, Yuga's subsidiary BAYC LLC has been established, which will be responsible for all BAYC-related matters.Greg Solano also pointed out that there is still a lot of work to be done on Otherside, especially in enhancing the user experience. Communication will be strengthened starting this week with "Apes Come Home." From now until the end of the year, more frequent communication will be necessary.