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Tag Archives: Bored Ape Yacht Club (BAYC)

Costly Mistake: Someone Just Sold a Bored Ape NFT for 200 USDC

When it comes to blockchain transactions, some mistakes are irreversible and could cost one a fortune. Sadly, though, every now and then, crypto investors make these as the most recent one was from the owner of Ape #6462, who sold the NFT for $200 USDC. BAYC Holder Sells Ape #6462 for $200 On Sunday, Boredapebot, a Twitter handle that posts sales of Apes from the Bored Ape Yacht Club (BAYC) collection, revealed that someone sold Ape #6462 for a measly 200 USDC ($200). Bored...

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Yuga Labs’ NFTs Trading Volumes Slump Amid Crypto Selloffs

The Otherdeed NFTs drop caught massive attention from the industry last week as high demand triggered unprecedented Ethereum fees. Otherdeeds are the NFT collection for claiming virtual land in Otherside, the metaverse space created by Yuga Labs – the parent company behind Bored Apes Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) However, as the crypto bloodbath continues with Bitcoin dumping to the lowest point since last July, the transaction volume for blue-chips NFT...

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$37 Billion Sent to NFT Marketplaces in 4 Months, Chainalysis Reports

Blockchain analytics firm Chainalysis’ latest report indicates that NFT activities have slowed down in 2022, with growth beginning to pick up again since mid-April. The document also noted that growing interest derived from retail investors – as shown in the rising number of small-sized transfers – has not yet overridden the market share dominated by institutional investors. NFT Activities Stabilized in 2022 In the wake of the impressive growth in 2021 – culminating in...

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BAYC’s Otherside: Nearly $200M Gas Burnt in Hours, ApeCoin Crashes 30%

The highly-anticipated virtual land sale related to Yuga Labs’ metaverse project went live hours ago and affected a large portion of the entire crypto market. The massive demand led to ETH fees worth nearly $200 million, while ApeCoin’s price slumped by double digits after the sale. Ever since Yuga Labs, the creators of popular NFT projects such as Bored Ape Yacht Club, announced the metaverse project Otherside, the anticipation for the actual sale was soaring. This led to a...

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Beware: BAYC Instagram Hacked, Several Bored Ape NFTs Already Lost

Bored Ape Yacht Club (BAYC) confirmed over Twitter on Monday that its Instagram account was hacked. A scam link posted by the hacker appears to have resulted in multiple valuable NFTs being stolen from victims. The link, which has since been taken down, led to a page claiming to be sponsored by Yuga Labs. It called on users to connect their MetaMask wallet in order to be airdropped LAND – an upcoming governance and utility token. However, multiple holders are now claiming to...

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Bored Apes Yacht Club Reveals Date for Otherside Meta Project, APE Soars 40% Weekly

Yuga Labs – the team behind the Bored Apes Yacht Club – has revealed the date for the much-anticipated Otherside project and has also confirmed that APE coin will be the official means of payment. In a tweet from April 23rd, the team behind the Bored Apes Yacht Club confirmed that their much-anticipated Otherside project will launch at the end of the month – on April 30. The adventure begins. Otherside. 4/30, 12pm ET. P.S. Otherside Discord is open:...

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Bitcoin is a Super Strong Investment, Says Tennis Champion Serena Williams

One of the most successful tennis players of all time – Serena Williams – teamed up with Block Inc’s money transfer service provider – Cash App – to provide women and people of color with further financial access to bitcoin. She praised the primary cryptocurrency as the leader in the industry, calling it a ”super-strong investment.” Williams is a Bitcoin Bull The Jack Dorsey-led firm – Block – announced the collaboration with the tennis superstar at the Miami Bitcoin...

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Not an April Fools’ Joke: Bored Ape Yacht Club Handles Discord Issue, Captcha Bot Reportedly Compromised

It’s April 1st – a day celebrated internationally by people who make practical jokes and have fun. In previous years, we’ve always dedicated a piece on something fun and whimsical to brighten the mood of our readers, but today, it’s important to remain careful. The industry has changed a lot in the past year, and with the advent of non-fungible tokens (NFTs), scammers found a new niche to exploit. Over the past month, we’ve all heard numerous stories of people losing their...

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Madonna Enters Metaverse With a New Bored Ape NFT Bought for $560K

The latest member to join the BAYC is the “queen of pop” Madonna. In a Twitter post, the 63-year old pop star announced entering the Metaverse after acquiring a Bored Ape NFT valued at more than half a million dollars. Madonna bought Bored Ape #4988, which is a six trait DMT primate with a sleeveless logo tee, an S&M hat. Metaverse Girl MoonPay, the crypto custodian and payments processor that serves as a “concierge” service for celebrities interested in buying NFTs, was...

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Yuga Labs Valued at $4 Billion After $450 Million Raise

Yuga Labs – the owners of the two most popular NFT collections – has announced the completion of a $450 million fundraise to develop its NFT metaverse project. This brings the company’s valuation up to $4 billion. News of the raise emerged in a company press release on Tuesday, which revealed a16z as the leader of the funding round. Andreesen Horowitz has become deeply involved with investing in all things web 3 and appears to have followed through on Bored Ape Yacht Club...

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