The CryptoPunks community is facing rumors that Yuga Labs may sell the intellectual property (IP) rights of the CryptoPunks non-fungible token (NFT) collection. The rumor has caused a backlash among fans and industry voices, with some expressing dissatisfaction with Yuga Labs' management of the IP since its acquisition in 2022. Yuga Labs' co-founder, Greg Solano, addressed the rumors and clarified that while he didn't rule out the possibility of a deal, any potential agreement would need to guarantee a long-term positive impact on CryptoPunks. Amid the backlash, managing partner at Electric Capital, Avichal Garg, proposed an alternative of transferring the CryptoPunks IP to a decentralized autonomous organization (DAO).
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
CryptoPunks Community in Turmoil Over Rumors of IP Sale by Yuga Labs
-
Wechat scan to share
Recommended for you
-
Sub-Saharan Africa third-fastest growing region for crypto adoption: Report
The region has growing institutional momentum and retail adoption, as the countries face economic challenges that could provide fertile ground for Web3.
-
Ethena exits Hyperliquid USDH race, clearing path for Native Markets
Prediction markets now overwhelmingly favor Native Markets, but questions about credibility linger as the vote approaches.
-
Russia could consider crypto bank to combat fraud, help miners
Evgeny Masharov, a member of the Russian Civic Chamber, says Russia should start a crypto exchange through a major financial institution.
-
Sending Bitcoin to Mars is now theoretically possible: Researchers
Bitcoin could be sent to and from Mars within three minutes by leveraging an optical link from NASA or Starlink and a new interplanetary timestamping system.
-
How to use Grok for real-time crypto trading signals
Grok scans posts and sentiment shifts on X to help crypto traders identify early signals, memes and macro-driven momentum plays.
-
Ripple’s SEC battle is over: Time to challenge SWIFT?
Ripple is done fighting the SEC, meaning it can focus on its original goal: challenging SWIFT, the world’s money transfer system.
-
Trump family's wealth grew by $1.3B following ABTC and WLFI debuts: Report
The Trump family fortune soared this week amid heightened volatility, but the price of ABTC and WLFI have since retraced by double-digits.
-
Crypto treasuries set for ‘bumpy ride’ as premiums narrow: NYDIG
An NYDIG analyst has warned of possible market turbulence as the gap between the share price and asset values of Bitcoin holding companies has narrowed.
-
El Salvador celebrates Bitcoin anniversary amid mixed results 4 years on
El Salvador was the first country to make Bitcoin legal tender, but it has since scaled back its Bitcoin laws and public sector involvement.
-
DeFi Development Corp’s Solana treasury exceeds $400M after latest buy
DeFi Development Corp bought $117 million of Solana in the past eight days, but its shares declined 7.59% on Thursday.
Daily Must-Read
-
Crypto treasuries set for ‘bumpy ride’ as premiums narrow: NYDIG
-
Trump family went pro-crypto after Biden ‘weaponized banks’ — WSJ
-
New York lawmaker wants to tax crypto sales and transfers
-
Trump to order probe of crypto and political debanking claims: WSJ
-
Bros who tricked MEV bots with their own medicine must face trial, says judge
-
Western Union CEO Views Stablecoins as an Opportunity, Not a Threat: Bloomberg
All Comments