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In this week’s newsletter, read about Ethereum nonfungible token (NFT) royalties hitting their lowest point in two years. Check out Bitcoin Ordinals trading volume, which hit $210 million in the second quarter of 2023, and how a decentralized finance (DeFi) borrower used an NFT representing a physical luxury watch to
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The indictment, issued by the United States Attorney for the Southern District of New York, alleges Soufiane Oulahyane, a Moroccan national, operated a look-alike website of popular NFT marketplace OpenSea to obtain unauthorized access to digital assets and NFTs in a cybercrime technique known as "spoofing." Source
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“Rarity traits refer to unique characteristics of an NFT, such as limited edition releases, exclusive features or special attributes,” Oliver Cohen, president of NFT analytics tool Inspect, told CryptoX. “These traits contribute to the perceived scarcity and desirability of an NFT, which can affect its value.” Source
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Royalties earned by nonfungible token (NFT) projects have reached their lowest point in two years, according to a report from blockchain analytics firm Nansen.Data shared with Cryptox highlights the low point for NFT royalties before the impact of a recent drop in the floor price of Bored Ape Yacht Club
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Why has Yuga Labs’ Bored Ape universe collapsed in value? Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied During the weekend, the NFT market witnessed a sharp decline in the floor prices of Yuga Labs’ Bored Ape Yacht Club and Mutant Ape Yacht Club collections, mirroring the ongoing crash in NFT floor prices. The
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The collection’s floor price has halved since April of this year – it was trading at 64 ETH, or $126,000, at the start of the month. At the time of writing, the floor price of the collection has rebounded slightly to 29.5 ETH, or about $57,800, according to OpenSea. Source
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The "Ape Accelerator" aims to engage the ApeCoin community as initiators, voters, and participants. Initiators can submit proposals for projects to be incubated, while voters can use their APE tokens to vote on whether the proposed projects should be launched. Participants will be able to support approved projects by purchasing
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Litecoin rose for a third consecutive session on Tuesday, despite cryptocurrency markets mostly falling lower. The global market cap is currently down by 1.28%, as overall market uncertainty remains high. Apecoin also rallied, extending recent gains. Litecoin (LTC) Litecoin (LTC) was once again in the green, as the token rose for a
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Place/Date: Portugal - April 27th, 2023 at 8:26 pm UTC · 3 min read Source: Bored Ape BlockDown Festival: Portugal, is excited to reveal two exclusive Bored Ape parties featuring DJ Ape and friends at this summer’s top European Web3 festival. Attendees can anticipate Europe’s inaugural Bored Ape Yacht
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