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Yuga Labs Acquires Tokenproof’s Tech Team to Strengthen Web3 Ventures

The post Yuga Labs Acquires Tokenproof’s Tech Team to Strengthen Web3 Ventures appeared first on Coinpedia Fintech News Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC) and ApeCoin has acquired the tech team of Tokenproof, a Web3 tokenization service. Tokenproof’s infrastructure verifies NFT ownership for real-world applications and has collaborated with Yuga since 2022. Tokenproof’s team will now join Yuga Labs’ R&D division, The Workshop, launched in 2024 to focus on projects like Otherside, a gamified metaverse. Yuga co-founder Greg Solano praised the partnership for solving challenges in bringing real-world utility to NFTs. The community welcomed the move, emphasizing Tokenproof’s contributions to enhancing NFT functionality. CoinOtag

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Dormant Bitcoin Whale Awakens After 10.9 Years Amid BTC Surge

As Bitcoin (BTC) trades near its all-time high of $95,411.97, another dormant whale has resurfaced. According to Whale Alert, a Bitcoin wallet inactive for 10.9 years initiated two transactions, moving 50 BTC split across two transfers. The wallet originally received the Bitcoin in 2014, when the price of one BTC was $880.60, making the stash … Continue reading "Dormant Bitcoin Whale Awakens After 10.9 Years Amid BTC Surge" The post Dormant Bitcoin Whale Awakens After 10.9 Years Amid BTC Surge appeared first on Cryptoknowmics-Crypto News and Media Platform . CoinOtag