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Bored Ape Yacht Club
APE Surges Then Sinks After Elon Musk's Bored Ape Profile Picture Tease
Elon Musk, “ringmaster of the attention economy” as described by CoinDesk’s Zack Seward, recently took a jab at PFPs and the Bored Ape Yacht Club through a profile picture tease on Twitter, sparking a price surge in ApeCoin. “The Hash” group discusses the tech billionaire’s history with crypto Twitter and dogecoin, as well as the social media platform’s NFT profile picture feature.
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.