NFTs
Latest news, analysis, and updates on NFTs from A47 News.
5 stories in Crypto · Updated live
Yuga Labs rescues 68 NFTs from Flooring Protocol exploit
Yuga Labs intervened to secure 68 NFTs valued at approximately $570,000 from an exploit affecting the Flooring Protocol. This action was prompted by the immediate threat posed by a bug that targeted high-value NFT collections, including Bored Ape Yacht Club and CryptoPunks. The incident underscores the urgent need for enhanced security measures in the NFT and DeFi sectors as the market continues to evolve and grow.
XRP Ledger community debates implications of v3.1.3 upgrade ahead of deadline
The XRP Ledger is facing a potential network split due to the upcoming v3.1.3 upgrade deadline. Validators must update their nodes by May 27 to avoid disconnection from the network, prompting intense discussions about whether this upgrade constitutes a hard fork. The outcome of this upgrade could significantly impact the future functionality and governance of the XRP Ledger ecosystem.
Bored Ape Yacht Club NFTs Experience Significant Price Surge
Bored Ape Yacht Club (BAYC) NFTs have seen their floor prices rise from $14,300 to $25,150 in the past month. This surge is driven by a renewed risk appetite among crypto traders, indicating a shift towards speculative investments in the NFT market. The long-term implication suggests a potential recovery and growth in the broader digital asset sector as investor confidence increases.
Yuga Labs settles trademark infringement lawsuit against Ryder Ripps and Jeremy Cahen
Yuga Labs has settled its federal lawsuit against Ryder Ripps and Jeremy Cahen regarding the RR/BAYC NFT collection, which was accused of infringing on Yuga's trademarks. The settlement, reached on April 8, 2026, includes a permanent injunction preventing the defendants from using Yuga's trademarks and transferring control of related assets back to Yuga Labs. This resolution reinforces Yuga's intellectual property rights in the NFT space and may deter similar future infringements in the industry.
Latest Stories
Yuga Labs rescues 68 NFTs from Flooring Protocol exploit
Yuga Labs intervened to secure 68 NFTs valued at approximately $570,000 from an exploit affecting the Flooring Protocol. This action was prompted by the immediate threat posed by a bug that targeted high-value NFT collections, including Bored Ape Yacht Club and CryptoPunks. The incident underscores the urgent need for enhanced security measures in the NFT and DeFi sectors as the market continues to evolve and grow.
XRP Ledger community debates implications of v3.1.3 upgrade ahead of deadline
The XRP Ledger is facing a potential network split due to the upcoming v3.1.3 upgrade deadline. Validators must update their nodes by May 27 to avoid disconnection from the network, prompting intense discussions about whether this upgrade constitutes a hard fork. The outcome of this upgrade could significantly impact the future functionality and governance of the XRP Ledger ecosystem.
Bored Ape Yacht Club NFTs Experience Significant Price Surge
Bored Ape Yacht Club (BAYC) NFTs have seen their floor prices rise from $14,300 to $25,150 in the past month. This surge is driven by a renewed risk appetite among crypto traders, indicating a shift towards speculative investments in the NFT market. The long-term implication suggests a potential recovery and growth in the broader digital asset sector as investor confidence increases.
Yuga Labs settles trademark infringement lawsuit against Ryder Ripps and Jeremy Cahen
Yuga Labs has settled its federal lawsuit against Ryder Ripps and Jeremy Cahen regarding the RR/BAYC NFT collection, which was accused of infringing on Yuga's trademarks. The settlement, reached on April 8, 2026, includes a permanent injunction preventing the defendants from using Yuga's trademarks and transferring control of related assets back to Yuga Labs. This resolution reinforces Yuga's intellectual property rights in the NFT space and may deter similar future infringements in the industry.