Binance NFT marketplace has a new lending feature that utilizes NFTs as collateral, allowing users to borrow ether(ETH) with blue-chip NFTs. Users can borrow with NFTs Binance has forayed into the NFT lending space. Through its Binance NFT marketplace, users…
The crypto industry has continued to witness all manner of scams, with the latest being a Bored Ape Yacht Club (BAYC) holder losing custody of the precious asset due to sloppiness and sluggishness. However, the owner repurchased the digital asset…
The recent market slump has caused low interest in NFTs necessitating most traders to quit, hitting the lowest level recorded since July 2021. Blue Chip NFTs have been recording low values since the start of the year. A big slump…
Community members of ApeCoin DAO have accepted the proposal for Ape Accelerator to incubate new projects leveraging ApeCoin tokens (APE), a move intended to strengthen the ApeCoin and BAYC environments. Ape Accelerator mandated to reinforce Bored Ape environment ApeCoin DAO’s…
MetaBirkins artist and Hermès clash over a recent ruling related to Bored Ape Yacht Club NFTs, as both parties try to interpret its implications for their ongoing trademark dispute. Differing interpretations of Bored Ape ruling A recent ruling in a…
Yuga Labs, the company behind Bored Apes and CryptoPunks, has partnered with Helika, a Web3 analytics platform, to enhance Web3 gaming analytics. Helika has recently raised $4 million to expand its platform and utilizes wallet information to capture data about…
South Korean blockchain powerhouse Wemade has propelled a novel Bored Ape Golf Club (BAGC) NFT collection accessed on NFT Is Life Evolution (NILE) marketplace. BAGC NEITH goes live on the NILE marketplace on May 4 after a great pre-sale of…
Yuga Labs, the company behind the famous Bored Ape NFT collection, has made public its appointment of Mike Seavers as the incoming CTO (Chief Technology Officer). Effective from May 22, Seavers will take over from the current CTO and Co-Founder,…
BAYC marks its second anniversary as a top NFT collection thanks to its unique approach to intellectual property rights and celebrity endorsements. A journey through BAYC’s growth and popularity Two years ago, Yuga Labs launched the Bored Ape Yacht Club…
Recent reports indicate that Mad Lads, a Solana-based NFT collection, just flipped Bored Ape Yacht Club (BAYC) on the sales volume parameter. Mad Lads flips BAYC Stats from Cryptoslam.io position Mad Lads as the top seller in the last 24…
The past 24 hours have seen Clonex floor price drop by more than 11% on the Blur marketplace as a single wallet is spotted trading large volumes. Allegedly, the decline is a result of price manipulation. Potential manipulation of Clonex…
The BAYC NFTs experienced an 8% price drop and overleveraging issues as a major holder sold off assets, affecting traders and the market. Market struggles as major holder sells Bored Apes Bored Apes Yacht Club (BAYC) non-fungible tokens (NFTs) recently…
Serum City, an independent city-building game developed by Novel Labs and Faraway, is placing Mutant Apes at the forefront of its gameplay. Lore behind Serum City The city-building game is set in a dystopian world where Bored Apes (BAYC) reign…
Recent reports indicate that Gucci and Yuga Labs collaborated to bring a new NFT series focused on the Otherside metaverse. Yuga announces Gucci-focused NFT series Fashion brands have recently been investing in the metaverse. The latest one is Gucci. Incoming…
Yuga Labs, the startup responsible for creating the sought-after NFT collections Bored Ape Yacht Club (BAYC), has appointed a new CEO. Daniel Alegre, who recently stepped down as President and Chief Operating Officer (COO) of Activision Blizzard, will now lead…
Yuga Labs, the parent company owning the prominent Bored Ape Yacht Club (BAYC), has publicized the advent of 8 series of mechs comprising 30,000 HV-MTLs into its swamp, ready to bring an electrifying phase in the highly evolving space. 30,000…
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