Bill Phelps, the CEO of Dave’s Hot Chicken has helped 19 of his employees turn millionaires after he sold his company for $1 billion. The California-based restaurant chain has a…
This is a segment from The Drop newsletter. To read full editions, subscribe.Yuga Labs is cleaning house.The crypto startup, known for creating the Bored Ape Yacht Club NFTs and promising…
Ross Ulbricht, the founder of the Silk Road marketplace, has raised over $1.8 million in Bitcoin by auctioning off personal belongings through the Bitcoin-only platform Scarce City.The auction featured a…
In brief
Gaming startup Orange Cap Games acquired the Moonbirds NFT IP from Yuga Labs.
Bored Ape Yacht Club creator Yuga Labs acquired Moonbirds and creator Proof in early 2024.
Yuga Labs also…
Nvidia CEO Jensen Huang is reportedly selling around $800 million worth of shares of NVDA stock. Huang is selling the same number of shares as he did previously, selling around…
Key Points:James Wynn, a noted crypto whale, sold 24 billion PEPE tokens.Proceeds of $3.32 million used for a Bitcoin long position.Market observes increased volatility and speculative trends.
James Wynn, a prominent…
In what is a rather surprising development for the industry as a whole, the Wisconsin State Investment Board has completely sold off its entire $350 million stake in spot Bitcoin…
The State of Wisconsin Investment Board (SWIB), one of the first U.S. state pension funds to invest in a spot bitcoin BTC$103,725.69 exchange-traded fund, exited its position entirely in the…
Cathie Wood & Nvidia investment decisions have really drawn significant attention right now as the prominent investor continues to make some strategic portfolio adjustments. Wood’s Ark Invest has recently sold…
This is a segment from The Drop newsletter. To read full editions, subscribe.Once a behemoth in the NFT world, Yuga Labs has been gradually selling off the IP it owns.…