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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
Yuga Labs has sold the Moonbirds IP to the gaming startup Orange Cap Games.
According to a report by Decrypt on May 31, Deep Tide TechFlow announced that Yuga Labs, the creator of Bored Ape Yacht Club, announced on May 31 that it has sold the intellectual property of Moonbirds NFT to the gaming startup Orange Cap Games, with the terms of the deal not disclosed.
This is the third NFT project IP sold by Yuga Labs this year. Previously, the company sold the Meebits and CryptoPunks IP to The Meebit Company and the non-profit organization Infinite Node Foundation in February and May, respectively.
Orange Cap Games has not announced specific development plans for the Moonbirds IP, but has stated that on-chain assets related to Moonbirds will be minted on the primary chain or on ApeChain associated with Yuga Labs. Additionally, Moonbirds characters will still appear in Yuga's Otherside game.