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© Reuters Yuga Labs Bitcoin NFTs Blasted by Ordinals Creator
  • Yuga Labs launched its first-ever NFT collection on March 5th on Ordinals.
  • Yuga Labs takes custody of all the bidders’ BTC, promising to send it back.
  • TwelveFold NFT auction was deemed ‘unethical, ‘ setting ‘a bad presence.’

The Web3 behemoth Yuga Labs is getting dragged through the mud on Crypto Twitter this Monday afternoon. Despite the excitement around Yuga’s inaugural NFT collection on Bitcoin’s blockchain and a more-than-ever artistic approach to NFTs, the collection received immense backlash not just from regular crypto enthusiasts but also from the main developer of Ordinals, which are powering Bitcoin’s NFTs.

Ordinal Founder Goes Ballistic on Yuga

While some users are experiencing technical glitches on the minting page and don’t see their transactions registered, that’s still not what’s all the fuss about. Casey…

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