Yuga Labs Sells IP Rights of Two NFT Games in Strategic Move – Here’s the Latest
Thomas MusgraveThomas Musgrave
Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC) NFTs, has sold the IP rights of two of its games, Legends of the Mara and HV-MTL, to Web3 gaming firm Faraway. The move is part of a strategic restructuring effort to refocus the organization. Simultaneously, Yuga Labs' chief gaming officer, Spencer Trucker, has joined Faraway as its new chief product officer.

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UAE Records $25B in Crypto Transactions, Promotes Further Investment With Regulatory Flexibility
Shalini NagarajanShalini Nagarajan
The United Arab Emirates (UAE) recorded $25b in crypto transactions in 2022. Now, it is adopting accommodative regulatory policies to pursue further investment, according to a report published Monday.
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