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BAYC

Why Investors Might Sell Their BAYC And Buy BudBlockz Instead

Bored Ape Yacht Club (BAYC) NFTs are among the most popular and expensive NFT collections. The most expensive NFT sold for $3.4m, and the floor price has been over 100 ETH for several weeks over the past two years. That brings up the question if the BAYC hype might be over and if investors are looking out for new opportunities, such as BudBlockz. What Are the Best NFT Collections? Before you look for a new NFT to buy, it is important to understand what you need to look out for to find the best NFT collections.…

SEC Screws BAYC But All NFT Investors will Have to Suffer!

The SEC screws BAYC (Bored Ape Yacht Club) creator Yuga Labs for securities violations The cryptocurrency market has slumped since the bear market started in November 2021. This worsened in January 2022 when the U.S. central bank started raising interest rates aggressively to fend off inflation. This caused the U.S. dollar to soar and sent the price of crypto crashing with a drop in NFT sales and turmoil in DeFi projects. There is still no clear sign of a bottom in markets after some mild rallies and continued selling.…

This Hollywood actor has lost $185K NFT via digital wallet

A hacker has siphoned off $185,000 from Hollywood star Bill Murray's digital wallet after he successfully completed the charity auction of non-fungible tokens (NFTs).CoinDesk reports that as soon as Murray's NFT action that raised 119.2 ethereum (around $185,000) for charity got closed, a hacker stole the funds from his personal wallet.The hacker sent the stolen funds to a wallet address linked to the crypto exchange Binance and Unionchain.ai, according to Murray's team."The unknown individual also attempted to take…

ApeCoin: Vote, Govern, and Transact Throughout the BAYC Ecosystem

It’s a BAYC world; we’re just living in it. And the ApeCoin is the native currency of the Bored Ape Yacht Club’s ever-growing universe. The creators of the second most popular and successful NFT collection released a governance and utility token… Or did they?It’s a BAYC world; we’re just living in it. And the ApeCoin is the native currency of the Bored Ape Yacht Club’s ever-growing universe. The creators of the second most popular and successful NFT collection released a governance and utility token… Or did they? The…

NFT owners have zero ownership of their digital arts, claims report

The non-fungible tokens (NFTs) owners have zero intellectual property ownership of their content and only one NFT collection in the top 25 platforms by market capitalisation has attempted to confer intellectual property rights to the purchasers of digital arts, says a report.Most of NFT operators "appear to have misled NFT purchasers" about the extent of their rights.The Creative Commons license, seen as a solution to the restrictive licenses used by most projects, "renders NFT ownership obsolete from a legal perspective…

BAYC Holder Loses 100 Ethereum as ENS Joke Goes Wrong

The BAYC NFT holder lost 100 ETH, as a result of a joke bid on his own registered Ethereum Name Service. The BAYC non-fungible token holder lost 100 ETH, worth $150,000, as a result of a joke bid on his own registered Ethereum Name Service domain. The buyer, who had previously been the seller, said that he forgot to cancel his own 100 Ethereum joke bid on the NFT. The transfer was part of a meme mentioned with different NFT collectors in the neighborhood in which he was making an attempt to set off the EnsBidsBot…

Lost Money in ApeCoin? BAYC NFT Monetization can be Your Sidekick

Bored Ape Yacht Club (BAYC) non-fungible-token (NFT) holder has lost many NFTs, including a ‘bubble gum ape’. After being duped into exchanging valuable pieces for worthless PNGs in a fraudulent swap transaction, a Bored Ape Yacht Club (BAYC) non-fungible-token (NFT) holder has lost many NFTs, including a ‘bubble gum ape’. People losing money in Apecoin is not a new thing anymore. After swapping their NFTs at an exchange called ‘swapkiwi’, the holder known as ‘s27′ lost the ‘bubble gum…

BAYC Says ‘Ape’ came from the Crypto Community and Not Nazi Affiliation

BAYC is experiencing severe controversial rumors due to its apparent affiliation with Nazis and racism The BAYC NFT collection has experienced several criticisms and controversies surrounding its creation and its legitimacy as an investment asset. The trendy Bored Ape NFT collection is all over the internet. Major celebrities like Justin Bieber bought around US$1.3 million worth of Bored Ape NFTs. But not everyone is about the hype in the crypto market! Recently, Yuga Labs, the company that launched the BAYC and…

Crypto News June 21 – Record Stablecoin Market Share, $1.24 million BAYC & Bitcoin Profits

June has been a bearish month for crypto news as Bitcoin crashed to its lowest price since December 2020. According to Google Trends data, the search ‘Bitcoin dead’ has reached a new all-time high in the past week. This coincided with the Bitcoin price falling to $17,600 on June 18th. But the crypto news on June 21 is not all bad. The crypto market has recovered $150 billion in the past three days, while the stablecoin market share is breaking records and an NFT just sold for $1.24 million. Read on for the…

After CryptoPunks and BAYC Crash Investors are Getting into Chronoly NFTs

Last year saw the arrival of NFTs in a big way with prices soaring for digital art. The recent crypto downturn has hurt the market with volumes on exchanges such as OpenSea tumbling, and the prices of NFTs starting to falter. Two of the most important market leaders were Bored Ape Yacht Club and Cryptopunks. BAYC saw its ApeCoin token tumbling from highs of near $26 to only $5. As the dust settles on the NFT market many investors are turning to Chronoly (CRNO) which offers a unique proposition in the market.…