

$91,839.00
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-7.07%$595.88
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-4.12%$0.999994
0.00%$0.170514
-6.70%$0.67263
-4.41%$0.242282
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-3.28%$91,838.00
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1.81%$14.21
-4.31%$21.71
-5.16%$9.27
2.30%$0.259532
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0.01%$2,077.83
-3.52%$355.10
-1.52%$81.08
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0.33%$4.43
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-4.88%$225.52
-0.19%$28.52
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-2.65%$0.00000837
-8.53%$5.66
-4.98%$5.20
-2.50%$50.94
-2.83%$2.37
-4.96%$327.44
-2.37%$22.85
-5.10%$0.869605
-8.33%$4.98
-4.62%$31.91
-2.96%$1.049
-0.09%$1.00
0.00%$0.094994
-0.77%$16.26
-4.21%$0.088556
-5.35%$159.10
-2.49%$11.76
25.82%$0.684421
-3.67%$4.27
-6.88%$0.02493879
-5.24%$1.17
0.00%$0.223456
2.09%$4.30
-1.24%$91,726.00
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0.09%$0.20755
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0.07%$4.06
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-2.50%$10.22
-0.73%$0.743839
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-0.02%$1.003
0.25%$0.087396
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0.51%$1.00
0.00%$91,135.00
-2.01%$3,358.43
0.49%$13.37
-15.82%$0.01553803
-5.64%$160.49
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-4.15%$91,671.00
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-2.67%$2.41
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-3.40%$0.186666
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8.21%$0.997779
0.02%$0.112296
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9.10%$0.510483
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0.03%$94,807.00
-0.24%$89,552.00
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5.24%$0.616883
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-2.76%$0.999987
0.01%$0.00810649
-6.99%$0.492565
-12.40%$1.65
0.07%$1.27
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-2.22%$0.170806
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0.01%$0.00002125
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0.03%$0.997649
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2.41%$0.505202
-0.55%$6.14
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-21.84%$2.43
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-9.87%$0.22298
1.74%$0.04003009
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1.00%$0.999375
0.05%$0.00006301
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0.10%$0.999981
0.03%$1,774.88
-3.26%$0.320222
-9.32%$0.118854
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-1.40%$0.674451
3.69%$0.316074
-5.26%$91,787.00
-2.47%$0.00000145
-1.89%$1.00
0.05%$0.695564
0.92%$2.63
-3.26%$0.00422445
2.60%$26.40
-1.65%$0.137895
-1.64%$1.15
-4.15%$109.78
-3.90%$0.230389
-4.87%$91,494.00
-2.87%$0.619575
-7.64%$3,330.37
4.49%$1.001
0.09%$1,716.52
-3.15%$0.272429
-0.72%$0.271989
-7.11%$3.38
-7.01%$2.84
0.95%$21.63
-4.19%$1,848.63
-2.47%$1.071
2.57%$0.181994
-3.64%$0.503563
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-2.03%$1,731.24
-3.44%$0.107891
-4.44%$1,842.71
-2.71%$14.95
-3.46%$21.68
-5.24%$0.01226864
-3.57%$0.244093
2.43%$0.999941
-0.00%$0.02826049
-4.32%$0.420458
-5.61%$1.00
0.02%$0.896346
-8.62%$0.689516
-6.33%$1.097
0.12%$91,699.00
-2.65%$1,897.24
-3.42%$2.17
-4.24%$1,884.38
-3.43%$17.75
-6.89%$0.00254909
-10.06%Reading
Yuga Labs, the $4 billion company behind dominant NFT collection Bored Ape Yacht Club, will debut its first-ever Bitcoin-based NFT project later this week, the company announced Monday.
The collection, TwelveFold, will consist of 300 limited-edition generative art pieces each inscribed to the Bitcoin blockchain. It’s one of the highest-profile launches to date via Ordinals, a recently-launched way of committing artwork and media to Bitcoin by permanently attaching each to an individual Satoshi, or 1/100,000,000 of a full Bitcoin (BTC).
The pieces, all 12x12 grids—an homage to the manner in which data is stored on the Bitcoin blockchain—will combine 3D graphics and hand-drawn features. The project was designed and created by Yuga’s in-house art team, and the company said that it has no connection to its Ethereum-based IP and will have no future interactions or utility in that regard.
TwelveFold marks a departure from Yuga’s past offerings in a few key ways. Most notably, every other project under the Yuga banner currently lives on the Ethereum blockchain, the leading network for NFT projects.
That list includes the Bored Ape Yacht Club (BAYC), spinoff Mutant Ape Yacht Club (MAYC), and virtual land plots for the upcoming Otherside metaverse game. Yuga Labs also owns CryptoPunks and Meebits, two “blue chip” Ethereum NFT projects created by Larva Labs that Yuga purchased the IP rights to last year.
Earn a free on-chain NFT by taking our free course, Crypto Investing: Fundamentals First. Decrypt will cover gas fees for the first 10,000 mints! Ordinals are taking Bitcoin by storm. Ordinal Inscriptions, similar to NFTs, are digital assets inscribed on a satoshi, the lowest denomination of a Bitcoin (BTC). Inscribing on satoshis, named after the pseudonymous creator of Bitcoin, Satoshi Nakamoto, is possible thanks to the Taproot upgrade launched on the Bitcoin network on November 14, 2021. Wh...
TwelveFold also stands apart from those projects in terms of size. Whereas all other Yuga-owned collections boast 10,000 or more NFTs, TwelveFold will consist of only 300 pieces. It’s closer in approach to Autoglyphs, an influential Larva Labs generative art project on Ethereum that spans just 512 NFTs.
“All of these choices are a departure from what’s expected from Yuga,” co-founder Greg Solano wrote in a blog post accompanying Monday's announcement. “But, you know. Fuck doing expected things.”
“We’re excited about Ordinal inscriptions and what the future holds for digital artifacts on Bitcoin,” he continued. Yuga said that it will announce auction details later this week, and that the information will come 24 hours in advance of the actual sale.
Ordinals have commanded the attention of the NFT world over the past month, and while the idea of NFT-like assets imprinted on the blockchain has irked some Bitcoin maximalists, it’s catching on in a big way. More than 200,000 unique Ordinals have been minted as of today, including from notable projects like DeGods and OnChain Monkey. There are even CryptoPunks clones on Bitcoin now.
Yuga’s foray into Bitcoin NFTs also comes at a time when the company’s most stable revenue stream appears to be in jeopardy. NFT creators like Yuga depend on creator royalties—a fee typically between 5% and 10%—levied on secondary sales of NFTs on Ethereum marketplaces like OpenSea.
Bored Ape Yacht Club co-founders Wylie Aronow ("Gordon Goner") and Greg Solano ("Garga") joined Dan Roberts and Kate Irwin on the gm podcast to talk about BAYC parent company Yuga Labs and its size and influence in the space, Ape haters, NFT haters, the SEC investigating Yuga, Buzzfeed "doxxing" Aronow and Solano earlier this year, their vision for the Otherside metaverse realm, and much more. Watch and make sure to subscribe to the gm podcast on Apple or Spotify.
Earlier this month, however, OpenSea stopped enforcing some royalties in an effort to stave off competition from its emergent rival, NFT trading platform Blur. Yuga Labs had previously criticized OpenSea for considering the move.
As more and more games launch on the chain, the Solana gaming ecosystem aims to get a boost from Thursday's launch of the Solana Game Pass—a free NFT that will provide early access to games and potential crypto rewards to players. Available to mint via NFT marketplace Magic Eden, the Solana Game Pass launches with four weeks' worth of promotions across 30 partnered games, comprising "Season 0" of what's planned to be a multi-season program. Players who hold the free NFT will gain early access to...
A CryptoPunks owner sold their NFT for $6 million worth of Ethereum on Thursday, netting a $10 million loss in the process. CryptoPunk #3100, one of nine Alien Punks in the 10,000-piece collection and the only one with a headband, sold for 4,000 ETH or about $6,076,840 at current prices via a private offer on the CryptoPunks marketplace. The deal was allegedly brokered by crypto art brokerage Fountain. The anonymous seller had initially purchased the #3100 in March 2024 for 4,500 ETH, or aroun...
After teasing a big announcement and an announcement of an announcement, Magic Eden has finally revealed the news: It’s pivoting into fungible token and meme coin trading across multiple chains. In a move signaling its growing ambitions beyond NFTs, Magic Eden revealed Wednesday that it will acquire Slingshot Finance, the mobile-first crypto trading application known for its cross-chain swaps and retail-friendly interface. The acquisition strategy positions Magic Eden as an alternative to tradit...