In a landmark ruling that underscores the value of intellectual property in the digital art space, U.S. District Judge John F. Walter has ordered artist Ryder Ripps and Not Larva Labs founder Jeremy Kaehen to pay Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC), a hefty sum of $8.9 million. This decision […]
Image : https://cryptomarketsleo.com/bayc-price-soar-as-demand-for-nft-rises/ As the demand for the NFT increased, it was observed that BAYC holders were making money. While network growth continued to decline, the price of APE tokens rose. The owners of the Bored Ape Yacht Club (BAYC) made money in recent months, according to recent developments. Despite the volatility of the industry’s […]