Five years ago, non-fungible tokens (NFTs) were an esoteric concept leveraged by a few crypto fanatics, but that changed in 2021 when NFTs made it to the mainstream. Since then, the niche has disrupted many industries, especially the art and gaming markets. While there are hundreds of different NFT projects existing today, with each trying...Read More
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...Read More
Another Bored Ape Yacht Club (BAYC) owner has fallen victim to a social engineering attack targeting holders of premium non-fungible tokens (NFTs). In this case, the victim thought they were swapping their reasonably rare Bored Ape and Mutant Apes for other high-value apes only to receive worthless Jpegs in exchange. The incident once again highlights...Read More
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...Read More
The cryptocurrency company offering loans and daily digital asset earnings will integrate ApeCoin into its platform. The firm promised a yearly ROI of between 7-12%, depending on the customers’ loyalty tier. Nexo Integrates ApeCoin The press release seen by CryptoPotato reads that Nexo wants to capitalize on Yuga Labs’ (the entity behind BAYC) future plans...Read More
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...Read More
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...Read More
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...Read More
The co-creator of Ethereum, Vitalik Buterin, is somewhat known for his strong opinions on matters related and unrelated to cryptocurrencies. Recently, he’s been featured in a TIME Magazine interview that had the entire crypto world buzzing. Vitalik Buterin on BAYC Hype People who’ve been following the crypto space for more than a few months must...Read More
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...Read More
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...Read More
With the anticipation skyrocketing around BAYC’s launch of a new token, an unknown user gamed the system and received more than 60,000 APE tokens. After paying off the flash loan and the fees, they netted $820,000 (almost 300 ETH). CryptoPotato reported yesterday the frenzy around the new ApeCoin that led to a pump and dump...Read More
The team behind the Bored Ape Yacht Club outlined plans to launch a new native token, ApeCoin, which will be distributed among owners of such NFTs. Shortly after the announcement, the floor price for BAYC NFTs skyrocketed to above 100 ETH. ApeCoin (APE) was announced yesterday, and the team described it as a “token for...Read More
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...Read More
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...Read More
Yuga Labs, the entity behind one of the most popular non-fungible token (NFT) collections, Bored Ape Yacht Club, is reportedly negotiating financing talks with Andreessen Horowitz, which could potentially value the startup as high as $5 billion. According to the Financial Times report on Thursday (February 3, 2022), anonymous people familiar with the matter revealed...Read More
Bored Ape Yacht Club (BAYC) non-fungible NFT collection continues to see increased demand, with the latest example recently sold at a value of over $2.8 million. On the night of January 30, 2022, Bored Ape #232 was sold for a whopping 1080.69 ETH ($2.85 million). The sale happened on the NFT marketplace – LooksRare. The...Read More
Bored Ape Yacht Club (BAYC) – one of the most popular NFT collections in existence – has reached $1 billion on sales on OpenSea’s marketplace. According to on-site statistics, the collection has generated an all-time trading volume of 298 265k ETH. WIth ETH trading at about $3,800 at the time of writing, that’s effectively over...Read More
