Bored Ape Yacht Club

Pop sensation Justin Bieber faced a significant financial loss as the value of his Bored Ape Yacht Club NFT drastically declined. Bieber’s purchase of Bored Ape #3001 for 500 ETH, or approximately $1.3 million in January 2022, has now plummeted to an estimated $12,000, marking a stark 99%...

Tiger Global Management's largest venture fund has reportedly incurred an 18% loss in paper value as of the end of September. This decline comes after the firm reduced the valuations of several portfolio companies, Bloomberg reported, citing sources. The fund, dubbed the Private Investment...

For over 30 years, "The Simpsons" has been tackling trending topics. On Sunday, the show took on non-fungible tokens (NFTs). What Happened: Past episodes of "The Simpsons," under the helm of creator Matt Groening, have been known to predict things before they come true. The show even predicted...

Non-fungible tokens (NFTs) and cryptocurrency took center stage in a Sunday episode of The Simpsons, titled “Treehouse of Horror 34,” which aired during the iconic animated series’ Halloween special. What Happened: In the episode’s first chapter, titled “Wild Barts Can...

One of the largest non-fungible token (NFT) marketplaces, OpenSea, has found itself in hot water with artists and creators, who could be ready to take their business elsewhere. Here’s a look at the reactions from an OpenSea investor and one of the largest NFT companies in the...

A Moroccan man is facing charges from the U.S. Department of Justice (DOJ) for allegedly stealing over $450,000 worth of cryptocurrency and NFTs by running a fake OpenSea website, where he obtained the login credentials of his victims. Phishing scam to steal NFTs The...

Prominent YouTuber Jack, aka known online as "Blue," has been accused of orchestrating an elaborate phishing scam worth more than $1.5 million. These allegations stem from a detailed investigation led by on-chain sleuth ZachXBT. Originally known for his gaming and trolling content,...

A key investor in the Web3 and cryptocurrency space highlighted one of his favorite projects while attending the Met Gala Monday night alongside his wife Serena Williams. What Happened: Reddit co-founder and investor Alexis Ohanian has invested in several NFT-related companies over the years...

One of the most popular non-fungible token collections of all-time is Bored Ape Yacht Club. Launched by Yuga Labs in April 2021, the popular NFT collection just celebrated its two-year anniversary. Here’s a look at how a $1,000 investment in the project could have done over the last two years...

Following the California Department of Financial Protection and Innovation's shutdown of Silicon Valley Bank earlier this month, startups remain uneasy about their future. Likewise, the non-fungible token (NFT) space is struggling to make sense of the banking crisis....

Many major companies have launched plans or explored entering the world of Web3. One of the largest apparel companies credits an interest in Bitcoin by Elon Musk as being the inspiration for its Web3 aspirations. What Happened: Electric vehicle giant Tesla Inc (NASDAQ: TSLA) shocked many when it...

The legend of Yuga Labs continues to grow in the non-fungible token space. The game “Dookey Dash” was played more than 7.5 million times by people who owned Sewer Pass NFTs, all competing for the legendary Dookey Dash Key. Only one person won and they have now sold the winning prize....

Bored Ape Yacht Club (BAYC) creator Yuga Labs said on Monday that it is creating an NFT collection that will be minted on the Bitcoin (CRYPTO: BTC) based Ordinals protocol. What Happened: Yuga Labs in a tweet said that the collection is called ‘TwelveFold’. A limited edition...

Over the years, scams in the world of cryptocurrency have increased. One of the tactics used is to hack a high-profile person’s Twitter account and post a phishing link that can drain people’s crypto wallets and take valuable NFTs. One scammer was recently caught by the FBI, resulting...

Investor and entrepreneur Alexis Ohanian is one of the many supporters of the growth of Web3 and non-fungible tokens. In an interview, Ohanian shared details about several of his favorite projects and the difference that Web3 could be solving. What Happened: Ohanian has backed NFT projects...