Bored Ape

Over the past day, the leading NFT collection, Bored Ape Yacht Club has seen its gross sales volume rise considerably. The project has also experienced a corresponding increase in the number of traders despite the ongoing crypto/NFT winter.  Bored Ape #5383 Sells for $1.45 Million According to reports from data analysis platform DappRadar, BAYC sales have jumped 100% since yesterday. The NFT project witnessed 16 transactions as the overall number of traders grew by 125%, making for a total of…

The bombshell drop of the APE token sent ripples across the crypto world - with a noticeable effect on ETH gas prices. Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC) NFTs, has issued its own crypto token. As announced on Wednesday, the new ERC-20 token is called ApeCoin ($APE). We’re excited to announce we’re adopting ApeCoin as the primary token for the Bored Ape Yacht Club ecosystem as well as future Yuga products and services. The newly…

The DeFi Yield Protocol’s CEO and founder, Mihai Nicusor Busica, revealed he purchased an NFT from the Bored Ape Yacht Club collection on January 3 through a Twitter post. Mihai acquired the #1112 Bored Ape for a whopping 80 ETH, which is the equivalent of $304,000. His announcement comes two weeks before the launch of the protocol’s NFT collection, the Cats and Watches Society. The event set to unroll on January 17 will also entail the launch of its V2…

A $2.2 million hacking attack victim offered to buy back one of the NFTs from the attackers, even as OpenSea froze its account. Todd Kramer, who goes by picasso5328 on NFT marketplace OpenSea, had 16 NFTs stolen. The collection included 8 Bored Apes and 7 Mutant Apes. He listed the stolen NFTs and asked OpenSea to freeze them. The largest NFT platform did so, and it banned the trading of the compromised NFTs. https://twitter.com/toddkramer1/status/1476546822910918666 The marketplace froze all the stolen NFTs…

The “Bored” Ape Yacht Club has much to be excited about going forward. The collection’s creators– Yuga Labs– recently signed on with Guy Oseary, founder of celebrity music management group “Maverick”. Maverick has represented significant artists and groups, including Madonna, Britney Spears, and The Weeknd. Celebrity Ape Yacht Club? Variety magazine announced the NFT developer’s partnership on Monday. Oseary and Yuga Labs have some “exciting initiatives” in the works for the NFT community. They will reveal specifics on these initiatives…