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Bored Ape Yacht Club
BAYC Metaverse Land Sale Fetches $285M But Investors Paid $176M in Gas Fees Alone
Yuga Labs debuted its long-awaited Bored Ape Yacht Club metaverse project “Otherside,” generating roughly $285 million in digital land sales, but the Ethereum-based project created some of the highest gas fees in the network’s history – costing investors over $176 million.
Moonbirds COO Leaves Project for New NFT Fund
Moonbirds Chief Operating Officer Ryan Carson announced his departure from the project to start an NFT venture fund, facing insider trading accusations as he currently holds $1.2 million in Moonbirds collectibles. “The Hash” group discusses the broader story of the PFP craze, referencing other projects like Mooncats and the Bored Ape Yacht Club.
NFTs Stolen After Bored Ape Yacht Club Instagram and Discord Hack
Over $13 million in NFTs was stolen after Bored Ape Yacht Club’s Discord server and Instagram account were hacked, and followers recieved an unofficial “mint” link. “The Hash” group discusses BAYC’s history of phishing attacks and how regulators might react as investors undeservingly lose valuable assets.
Moonbirds NFTs Fly Into Top Spot on OpenSea
NFT project Moonbirds sold over $200 million during the first four days of its offering and is on pace for a record-setting trading volume.
Bored Ape Yacht Club Goes Hollywood via Movie Trilogy
Coinbase has announced plans to produce an animated series of short films called “The Degen Trilogy” surrounding the Bored Ape Yacht Club (BAYC), which will allow NFT holders to submit their apes for consideration as characters.
ApeCoin's Rise and Fall: Is it Just Hype?
Digital Strategies Principal Kalman Gabriel discusses the recent price action of the Bored Ape Yacht Club’s ApeCoin and its similarities with $MAGIC from Treasure DAO. Plus, a conversation on the future gaming utilities of ApeCoin and Yuga Lab’s partnership with Animoca Brands.
Fusang Defers IPO; Yuga Labs Hits $4B Valuation
Malaysia’s Fusang defers security token IPO. Support for home-grown NFTs grows in China. Australian Blockchain Week dives into intellectual property rights. BAYC creator Yuga Labs raises valuation to $4B. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Bored Ape Yacht Club’s ApeCoin Surges 90% on Second Day of Trading
Bored Ape Yacht Club's recently launched ApeCoin token (APE) surged 90% on its second day of trading following a first-day price drop. “The Hash” hosts discuss possible future use cases for APE like gaming, and question if the token could be considered a security according to the Securities and Exchange Commission (SEC).