Nifty News: Yuga Labs breaks silence, X2Y2 outpaces OpenSea and more By Cointelegraph

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Nifty News: Yuga Labs breaks silence, X2Y2 outpaces OpenSea and more

Yuga Labs has finally broken its silence over the conspiracy theory that alleges the team embedded alt-right and Nazi memes/imagery into the artwork and branding behind the Bored Ape Yacht Club (BAYC) nonfungible token (NFT) collection.

As Cointelegraph previously reported, the BAYC conspiracy theory was once again brought into the limelight on June 20 after YouTuber Philion published a video exploring the supposed evidence that artist Ryder Ripps initially compiled at the start of this year.

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