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Yuga Labs Highlight Everything That is Wrong in the NFT Space

Yuga Labs Highlight Everything That is Wrong in the NFT Space

Disastrous Mint Otherside Leaves Many People Paying Thousands of Dollars in Gas Fees and Receiving NothingYuga Labs refused to apologize, instead blaming Ethereum and citing the need to create its own blockchain to scaleThe whole

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Ethereum Faces 18% Supply Reduction Following Bored Apes’ “Otherside” Mint

Ethereum Faces 18% Supply Reduction Following Bored Apes’ “Otherside” Mint

Ethereum also faced its lowest deflationary day ever as ETH daily net issuance fell to -58,660 By InTheBlock analysis, Ethereum is facing a 18% off offer after the recent non-fungible token (NFT) minting of Yuga

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Global Asset Manager Vaneck Launches Community NFT Project — 1,000 NFTs to Be Airdropped This Week

Global Asset Manager Vaneck Launches Community NFT Project — 1,000 NFTs to Be Airdropped This Week

Vaneck, a global asset management firm with $85.5 billion in assets, is releasing 1,000 non-fungible tokens (NFTs) this week. “We’ve designed the Vaneck Community NFT to function like a digital membership card,” said Vaneck. NFT

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As ETH whales go APE shopping, here’s what you should know before doing the same

As ETH whales go APE shopping, here’s what you should know before doing the same

Despite APE’s recent setback and a massive price correction, dominant buyers continue to show faith in the token. What’s going on here? ApeCoin fell from $24.86 to $16.73 after Saturday’s Otherside sale. A die the

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Millions of NFT Transactions Clogged Solana, Causing Another Network Outage

Millions of NFT Transactions Clogged Solana, Causing Another Network Outage

Over 4 Million transactions from Solan’s NFT minting bots have brought the network down for seven hours this past weekend. It marked the seventh time the network was down this year due to security issues.

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Derivatives, Spot Markets, Dex Swaps — 30 Day Crypto Trade Volumes Slipped Across the Board Last Month

Derivatives, Spot Markets, Dex Swaps — 30 Day Crypto Trade Volumes Slipped Across the Board Last Month

Digital currency markets have been tumultuous during the past month as bitcoin shed 15.43% and ethereum dropped 17.49% against the U.S. dollar. Moreover, crypto spot volumes are down 18.95% lower than the month prior, and

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Bored Ape NFT Firm Gets Almost $285 Million in Crypto Payments After Virtual Land Sale: Details

Bored Ape NFT Firm Gets Almost $285 Million in Crypto Payments After Virtual Land Sale: Details

Recent price dip gave whales another opportunity to buy APE at discount Yuga Labs, the company behind the “Bored Ape” series of NFTs, has raised around $285 million in cryptocurrencies through the sale of tokens

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ETH Network Q1 Revenue Grew 46% to $2.4 Billion, Token Inflation Rate Drops to 0.51%

ETH Network Q1 Revenue Grew 46% to $2.4 Billion, Token Inflation Rate Drops to 0.51%

The revenues accrued by the Ethereum network rose by 46% from $1.6 billion to $2.4 billion during the first quarter of 2022. Contributing to the growth in the network’s revenues were non-fungible token (NFT) marketplace

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Could ApeCoin Continue Declining After Otherside Metaverse Land Sale?

Could ApeCoin Continue Declining After Otherside Metaverse Land Sale?

On Saturday, blue-chip startup Yuga Labs opened up the mint for its Bored Ape Yacht Club (BAYC) Otherside Metaverse lands, dubbed “Otherside.” Otherside is considered the biggest expansion of the BAYC universe the industry has

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ApeCoin to Migrate from Ethereum After “Turning Lights Off,” Causes Controversy

ApeCoin to Migrate from Ethereum After “Turning Lights Off,” Causes Controversy

App Could Soon Start Working on Its Own Blockchain After Complicated Ethereum Mint Following one of the biggest knock events in the NFT and Metaverse industry, Yuga Labs released a statement about the strike that

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