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Home / Tag Archives: Bored Ape Yacht Club (BAYC) (page 3)

Tag Archives: Bored Ape Yacht Club (BAYC)

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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Beware: User Loses 3 Bored Ape NFTs on New Animation Phishing Site

Scammers are launching phishing sites impersonating the prominent NFT marketplace – Bored Ape Yach Club (BAYC) after the ApeCoin token launch. A user ended up losing 3 NFTs on a new BAYC animation phishing site. Since its launch last year, BAYC has become one of the biggest names in the NFT space. Multi-million dollar sales and a rapidly growing list of celebrity owners have managed to bring in lucrative opportunities for scammers. Rampant Phishing Attacks ZachXBT, the...

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Ethereum Whales Buy $6.6 Million Worth of BAYC’s APE Coin

The launch of APE coin has undoubtedly been the story of the week. The cryptocurrency hit the public markets on Thursday after being airdropped to holders of NFTs associated with the Bored Ape Yacht Club (BAYC). It appears that large Ethereum holders are betting big on the token as well. Two of the largest Ethereum whales snagged a considerable number of APE a couple of days back. The transactions were flagged by popular whale-tracking resource WhaleStats. The first address...

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The Mind-Blowing ROI of Minting and Holding a Bored Ape NFT From the Beginning

Bored Ape Yacht Club NFT collection made headlines recently with several bombshell revelations – from the purchase of the iconic CryptoPunks to the release of the ApeCoin. The launch of the APE token was as volatile as one might expect as the cryptocurrency dropped to a low of around $6 and is currently trading around $11. With everything that’s going on with the BAYC ecosystem, we decided to see what’s the approximate ROI of minting and holding just one Bored Ape NFT (and...

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Bitcoin Stable at $40K, FOMC Meeting, and APE Airdrop: This Week’s Crypto Recap

This week was action-packed, and even though the broader cryptocurrency market managed to recover some of the losses from the previous period. Bitcoin maintains relative stability around $40K and seems to have reclaimed the level. Let’s unpack. Bitcoin was sitting at around $39,000 this time last week, and we saw little to no action for quite a while. On Monday, the price dipped below $38K, but the bulls were quick to step up, and all losses were recovered by the end of the...

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What is APE Coin? The Cryptocurrency Behind Bored Ape Yacht Club NFTs

The Bored Ape Yacht Club and the associated NFT collections have turned into one of the most widely-discussed topics of 2021, and the buzz doesn’t seem to fade in 2022. Something that the team had hinted at a few months back was the creation of a native cryptocurrency – APE coin – that would power the entire ecosystem. Now, this has become a reality. In this article, we’re taking a closer look at the long-awaited APE coin by Yuga Labs – the creators of the Bored Ape Yacht...

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BAYC Floor Price Skyrockets 25% as Yuga Labs Buys CryptoPunks and Meebits Collections

The Bored Ape Yacht Club NFT collection saw its floor price surge by about 25% in less than a day. The move comes following major developments announced by the company behind it. Yuga Labs – the company that took the responsibility for creating the Bored Ape Yacht Club NFT collections – revealed they’ve acquired the CryptoPunks and Meebits collections. In essence, Yuga Labs acquired the intellectual property rights to both series. Today we’re excited to announce that Yuga has...

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Bored Ape Yacht Club Community With Mixed Reactions Following a KYC Prompt by Yuga Labs and Animoca

The Bored Ape Yacht Club hinted at another initiative earlier today without providing any specifics and once again sparked the curiosity of many. However, upon following the provided link, users were met with a KYC prompt, and many were less than happy. Earlier today, the official Twitter account of the Bored Ape Yacht Club posted a link carrying the domain somethingisbrewing.  The team further explained that it’s something they’ve been working with Animoca Brands. This has...

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