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Nifty News: Yuga in doghouse over Kennel Club logo, NFT marketplace wars rage on and more

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The logo for a popular Yuga Labs NFT collection is being changed after it was seemingly ripped off from a follow-along children's drawing creator.

New logo slated for Yuga’s dog-themed NFT collection

The logo for the Bored Ape Kennel Club (BAKC) from nonfungible token (NFT) conglomerate Yuga Labs is getting a refresh after recently surfaced allegations of intellectual property theft.

Yuga co-founder, Greg Solano, more widely known as “Garga” tweeted on Feb. 18 that the BAKC logo would be changing and the project would “debut the new logo soon.”

Saw the claims today about the BAKC logo. This was news to us and we're still investigating the situation. Have reached out to the freelancer we hired for that design and Easy Drawing Guides. We’ll be changing the logo and updating it on our site / ask marketplaces to change as… https://t.co/OwtflDXehz

— Garga.eth (Greg Solano) (@CryptoGarga) February 18, 2023

Yuga has been in the doghouse over its trademarked logo as it looks remarkably similar to the finished product of a follow-along drawing guide made for children by a company called Easy Drawing Guides.

Easy Drawing Guides released a wolf skull drawing guide on April 5, 2021, a little over two months prior to BAKC’s June 17, 2021 launch. The firm has asserted its intellectual property rights over the drawing.

Thanks for bringing this up @Jdotcolombo. @yugalabs doesn't have a license to the wolf skull drawing. The intellectual property rights for the drawing belong to Easy Drawing Guides as it's our original drawing and protected by our Terms and Conditions.

— Easy Drawing Guides (@easydrawinguide) February 17, 2023

Solano said the whole debacle “was news to us,” adding Yuga was “still investigating the situation” and had contacted Easy Drawing Guides and the freelance artist contracted for the design.

Blurred lines: NFT marketplace wars surge sales

NFT sales over the past seven days have skyrocketed amid a battle for domination between OpenSea and its rival Blur — with the two sparring over fees and creator royalties.

According to data from NFT aggregator CryptoSlam, NFT sales volume has increased over 101% in the past week compared to the week prior and has hit over $524 million transacted in the last seven days at the time of writing.

24f7c18a-fa90-4f39-a0ad-776f7400d3c6.pngSeven-day data shows fewer NFTs are selling for higher prices as NFT transactions have slightly declined while sales volume and buyers have increased. Source: CryptoSlam!

One of the key factors in the rise was Blur’s token airdrop on Feb. 14 giving users the incentive to farm the drop by using the platform.

Blur has remained the dominant marketplace in terms of trading volume since the start of the year and has dominated OpenSea in that regard.

Analytics from DappRadar show the trend continuing over the past week — with Blur seeing nearly $400 million in volume compared to OpenSea’s $105 million.

OpenSea has recently spun up a comeback campaign and has slashed its platform fee to zero, enacted optional creator royalties and more lenient blocks on other marketplaces.

‘Fat-finger’ blunder costs NFT trader thousands of dollars

The pseudonymous NFT collector known as “Franklin” has made a "fat-finger" mistake bidding on a collection, which saw him accidentally bidding more than 21 times the floor price of an NFT.

On Feb. 19, Franklin owned up to the bungled purchase, which saw him buy an NFT from the Azuki project’s BEANZ collection for 35 ETH — or around $60,000 at the time — despite the floor price being around 1.7 ETH, or $2,800.

As you may already know, I placed a fat-finger collection offer of 35 ETH on Beanz. I meant to type a much lower bid with a quantity of 35, but I instead bid 35 ETH for 1 purchase (floor of like 1.73 ETH at the time). It got accepted before I could cancel.

Oops.

I’ll be okay.

— Franklin (@franklinisbored) February 19, 2023

He said he “placed a fat-finger collection offer” on the BEANZ collection but was actually meant to input a “much lower bid with a quantity of 35.”

“I instead bid 35 ETH for 1 purchase [...] It got accepted before I could cancel. Oops. I’ll be okay.” Franklin tweeted.

It however appears that Franklin was the owner of Bean #10626 for only a short time as just two hours after the blundered purchase it was sold for just 1.77 WETH — an equivalent loss of nearly $56,000.

Free mint Starbucks NFTs now fetching high prices

An initially free NFT collection launched by the global cafe chain Starbucks is now seeing NFTs inexplicitly list for thousands of dollars just two months after the initial mint.

The Starbucks Odyssey Polygon NFT collection is a rewards program launched in December 2022, still in closed beta. Only four “drops” have been released amassing a total volume of $148,000, the first of which is a 5,000-strong “stamp” titled Holiday Cheer Edition 1 Stamp.

The owners of the collection initially received the NFTs for free and, despite the low trading volume, now ask for around $2,000 for one token on Nifty Gateway.

1cc258c0-0b9f-42a5-95db-ca6e846813f4.pngThe first NFT drop from Starbucks is currently asking a minimum price of $2,000. Source: Nifty Gateway

The collection on its own makes up $117,000, or around 80% of the total collections sales volume.

Related: What are the applications of NFTs in supply chains?

Being the first drop, the NFT could be seen as more special to certain collectors. Starbucks has also said rewards on its NFTs will range from NFT holder-only merch, invites to exclusive events and maybe a trip to a Costa Rican coffee farm.

Meanwhile, the other drops are seeing much lower floor prices, with another 5,000-strong drop going as low as $100, while a 30,000-strong drop is nearly half that at just $59.

Other Nifty News

KnownOrigin, the NFT marketplace from eBay, is launching no-code required creator smart contracts so artists can split earnings and earn royalties as co-creators on collections. A beta release has been tested for the last few weeks with 84 contracts deployed and 250 editions of NFTs minted.

The Web3-friendly Neal Mohan was appointed as the new chief of YouTube, his previous tentative plans for the platform included the potential for creators to tokenize videos, photos, art and experiences to bring them additional revenue streams.

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  • 14.10.25 08:46 robertalfred175

    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 14.10.25 08:46 robertalfred175

    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 18:07 crypto

    Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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