The nonfungible token (NFT) market has been encountering a massive downturn, with prices of popular NFT collections dropping. One renowned collection, the Bored Ape Yacht Club (BAYC) has recorded a steep drop, reaching a two-year low. The recent crash in NFT prices proves that the winter season in the digital assets space is not yet… Continue reading NFT Market Drops: Bored Ape Yacht Club Touches 2-Year Lows
Tag: MAYC
Adidas Originals Unveils ‘Virtual Gear’ NFT Wearables
Adidas Originals has confirmed the release of its latest nonfungible token (NFT) offering – virtual wearables. The brand refers to the new product as “Virtual Gear” – an interoperable NFT fashion experience. This launch is a leap forward for the brand with the three stripes as it expands its web3 community and metaverse strategy. Adidas… Continue reading Adidas Originals Unveils ‘Virtual Gear’ NFT Wearables
ApeCoin Price Surged Amid NFT Proposals Voting
Analysts believe that ApeCoin has formed a symmetric triangle pattern that normally shows a breakout on either side of the market. Apecoin put up an interesting show on September 17-18 after gaining almost 17% within 24 hours. Nonetheless, the early Monday’s trading hours saw a pullback with the asset losing over 5% of its value… Continue reading ApeCoin Price Surged Amid NFT Proposals Voting
Over $100M Worth Of NFTs Stolen Since 2021 – Elliptic
Crypto risk management company Elliptic has released a report which indicates that the scammers stole at least $100 million worth of nonfungible tokens (NFTs), starting in 2021. In its NFTs and Financial Crime report released on August 24, 2022, Elliptic stated that crypto users had been the victim of nearly $100.6 million worth of scams… Continue reading Over $100M Worth Of NFTs Stolen Since 2021 – Elliptic
Blue-chip NFTs Prices Continue Blooming A Week After “Otherside” Mint
The latest market data analysis confirms that most blue-chip NFTs tier projects continue recording massive adoption in the past two weeks, despite most of the NFT market experiencing a downtrend. This uptrend started two weeks ago at the same time Yuga Labs, the creator of the popular NFT community Bored Ape Yacht Club, launched minting… Continue reading Blue-chip NFTs Prices Continue Blooming A Week After “Otherside” Mint