Looks bare: OpenSea turns into NFT ghost-town after volume plunges 99% in 90 days
An ongoing debt crisis at lending platform BendDAO is also increasing the risks of the NFT bubble going bust.
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BendDAO Hit by Insolvency Crisis as Ethereum Reserves Drained
BendDAOs reserves briefly fell to 0.75 ETH early Monday. BendDAO Cant Repay Lenders As many NFT community members feared last week, BendDAO is experiencing a bank run. The so-called NFTfi...
BendDAO contract drained overnight with 15 ETH left to pay lenders
Many nonfungible tokens (NFTs) that were used as collateral in the platform have defaulted without any bids.
GameStop NFT daily fee revenue plunges under $4K as gloom infects markets
GameStop NFT has generated roughly $166,800 worth of sales volume over the past 24 hours, with the platform charging only a 2.25% fee on NFT sales, the figure equates to…