BAYC Team Raises $285M With Otherside NFTs, Clogs Ethereum
The virtual land rush for the ape-centered metaverse project has already cost traders more than $176 million in fees alone.
Please Don’t Buy a ‘KYC’d’ Wallet for the Bored Apes Team’s Otherside Mint
Yuga Labs’ long-awaited “Otherside” NFT sale has spawned a secondary market for specially registered Ethereum addresses. Caveat emptor.
Apollo Hires JP Morgan's Christine Moy to Lead Digital Assets Strategy
Apollo Global Management made a major push into crypto by hiring former JPMorgan (JPM) executive Christine Moy as its first head of digital assets strategy. “The Hash” group discusses Moy’s experience with metaverse projects like Decentraland and the broader narrative of increased global interest in crypto as the Central African Republic adopts bitcoin as legal tender.
Gate Ventures on Track to Close $200M Crypto Fund by Q3
The VC arm of Gate.io will invest in layer 1 and layer 2 protocols that can help build an open internet.
ApeCoin Futures See $36M in Liquidations After Volatile Trading
The tokens surged and sank as new features in the Bored Ape Yacht Club ecosystem went live.
Mark Zuckerberg to Investors: Expect Nothing From the Metaverse
In setting a 10-year timeline for returns from Reality Labs, Zuck raised as many questions as he answered.
Chad Knight: NFT Artist for the Wilder World
The former head of 3D design at Nike now makes mind-bending digital art. He's a speaker at CoinDesk's Consensus festival this June.
Maaria Bajwa: 'People Like to Root Against the Winners'
Bajwa once got wise advice from a mentor: To be valuable to your venture firm, you must have “domain expertise that no one else has.”
First Mover Asia: The Metaverse Is Subject to Earth’s Boring Old Rules
GameFi adoption has been hitting obstacles worldwide, including in China and South Korea, because of laws about converting in-game tokens to currency.
