BAYC

Academy Award-winning actor Gwyneth Paltrow has been known to be a vocal proponent of cryptocurrencies and even maintains a sizable portfolio of digital assets. Recent market moves gave a significant boost to her holdings. What Happened: The market rallied strongly over the last month, buoyed by...

Prominent YouTuber Jack, aka known online as "Blue," has been accused of orchestrating an elaborate phishing scam worth more than $1.5 million. These allegations stem from a detailed investigation led by on-chain sleuth ZachXBT. Originally known for his gaming and trolling content,...

The Bored Ape NFT that Justin Bieber purchased in January 2022 has witnessed a substantial drop in value. The 29-year-old pop star, who rose to fame at 16 with the hit “Baby,” lost over $1.2 million on an NFT investment. What Happened: In January 2022, during the peak of the NFT craze,...

Mark Cuban Believes ‘NFTs Are Still Alive' — Shows Off 100+ Collection 1 reply Billionaire investor and NBA’s Dallas Mavericks owner Mark Cuban on Monday said that "NFTs are still alive" and have a "great foundation of collectors." What Happened: Cuban shared his optimistic views about NFTs...

Greg Solano (Gargamel or Garga), co-founder of Yuga Labs, made a rare public appearance to close the day of Web3 content at Benzinga’s Future of Crypto summit. In a fireside chat-style interview with moderator Chris Katje, Garga shared details of the thinking behind Bored Ape Yacht Club (BAYC...

Celo (CRYPTO: CELO), the native token of the mobile-first DeFi platform, is rallying over 54% in the past seven days, trading at $0.651, recorded on Monday 12 a.m. EST. Cryptocurrency Weekly Performance Price (Monday, 12.00 am EST) Celo +54% $0.651 Huobi Token +49.62% $6.59 ApeCoin +30....

After wowing the entire crypto community for the major part of 2021, the non-fungible token (NFT) market has been in a slump since the start of 2022, as the valuations for even the most popular NFT projects plummeted drastically from the previous year’s highs. The average price...

At least five individuals have been arrested in France on Wednesday for allegedly stealing $2.5 million of valuable Bored Ape Yacht Collection nonfungible tokens.  BAYC NFTs are a collection of 10,000 unique apes living on the Ethereum (CRYPTO: ETH) blockchain. See Also:...

Another cryptocurrency liquidity crisis is now underway at decentralized NFT lending protocol BendDAO.  What Happened: BendDAO gives out loans in Ethereum (CRYPTO: ETH) to users who deposit their NFTs on the platform. Last week, Benzinga reported that the price of...

The NFT space continues to be impacted and feeling the heat even more. Coming into the third week of August, the global sales volume for NFT is around $639 million. With that, this could be the third consecutive month that NFT sales fall below the $1 billion mark.  The market is not all bad....

A series of Bored Ape Yacht Club (BAYC) loan liquidations on NFT liquidity pool BendDAO could wipe out the entire NFT market, warned pseudonymous crypto analyst “doubleQ." What Happened: BAYC holders that deposited their NFTs on BendDAO in exchange for short term Ethereum (CRYPTO: ETH)...

A new class action lawsuit alleges that Yuga Labs, the company behind ApeCoin and Bored Ape Yacht Club, swindled investors. Miami-based Yuga touted its non-fungible tokens (NFTs) and coins for having huge growth prospects and investment returns through celebrity promoters and endorsements,...

American rapper and NFT enthusiast Snoop Dogg believes that every great industry goes through a downfall and cryptocurrency will surely bounce back. What Happened: In an interview with CNBC on Tuesday, the rapper said that the selloff would not last forever. “I feel...

Yuga Labs, the creators of the Bored Ape Yacht Club (BAYC) NFT project and Otherside metaverse, has recently filed a lawsuit against Ryder Ripps.  Yuga Labs claims that Ryder Ripps has been defrauding buyers with falsely equivalent NFTs in a "deliberate effort to harm Yuga Labs at the...

The Bored Ape Yacht Club (BAYC) Discord server was hacked on Saturday. The attacker managed to steal 200 Ethereum-worth (CRYPTO: ETH) of NFTs ($360,000), along with an 145 ETH ($260,000).  The project’s community manager, Boris Vagner’s Discord account, was compromised. The...