BendDAO in Trouble, Ethereum Reserves Drained
BendDAO – a lending protocol for non-fungible tokens (NFTs) – is the latest project to have been hit with an insolvency crisis. The five-month-old platform has reportedly run out of…
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BAYC Floor Price Crashes to 67 ETH, Lowest in 8 Months
Non-fungible tokens from the Bored Ape Yacht Club collection are going through a majorly rough patch. Apes are currently sitting on a floor price of 67 ETH across the board…
BAYC Sales Soar 100% Overnight as Ape #5383 Sells For $1.45 Million
Bored Ape Yacht Club saw a considerable increase in its overall sales volume and the number of traders for the past 24 hours. This happens as Bored Ape #5383 was…
Ripps Ryder Claims his Bored Ape NFTs Are “Artistic Criticism”
As per Ripps’s filing on Monday, the artist has asked a Los Angeles federal court to stop a trademark lawsuit brought against him by the BAYC creator. He further argued…
ApeCoin Soared 15% as Gucci Adopted APE for Store Payments
Gucci is expanding the number of supported cryptocurrencies that it accepts for payment, the latest addition being ApeCoin. APE is the native ERC-20 token of the BAYC NFT collection, a…
BAYC Creators Could Face a Class Actions Lawsuit
Yuga Labs – the American company that created the popular NFT collection Bored Ape Yacht Club (BAYC) – faces a possible class action lawsuit. A group of individual investors claimed…
Yuga Labs May Face a Potential Class-Action Lawsuit Over Apecoin and NFT Sales
According to the international law firm Scott+Scott’s website, there’s a possibility that the non-fungible token (NFT) company Yuga Labs may be threatened with a class action lawsuit for generally promoting…
Hacked Lending Protocol XCarnival Receives $1.9M Worth of Stolen ETH Back
In a quick-paced development, XCarnival, describing itself as a Metaverse Asset Bank, lost over 3,087 ETH to a hacker and negotiated the return of half of the funds less than…
Bored Ape Yacht Club Founder Criticizes Campaign That Says The BAYC Has Nazi Symbolism
On June 24, Wylie Aronow, better known online as Gordon Goner, co-founder of Yuga Labs, the startup behind the Bored Ape Yacht Club ( BAYC ) collection, took to Twitter…
Eminem and Snoop Dogg Included Their Personal Bored Apes in New Music Video
Two of the greatest hip hop artists – Eminem and Snoop Dogg – produced a new video that, aside from marijuana, has multiple references to NFTs and BAYC, in particular.…