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NFT Market Slump: Cryptopunks and Bored Ape Values Plummet Over 90 Days


Based on statistics from the past three months, the non-fungible token (NFT) collections Cryptopunks and Bored Ape Yacht Club (BAYC) have seen a notable decrease in value. On March 17, 2024, the floor value of Cryptopunks was approximately 49 ether, but 90 days later, it dropped to 25.45 ether....

DOJ and FBI Unveil Charges Against 3 UK Nationals in NFT Rug Pull Scam


The U.S. Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) have unveiled charges against three UK nationals for a fraudulent non-fungible token (NFT) scheme involving “Evolved Apes,” promising a game development. “They allegedly took investor funds, never...

Yuga Labs unveils exciting new projects for Bored Apes


Bored Apes creator Yuga Labs has recently been busy in the realm of NFTs and Web3. Greg Solano, the co-founder, posted about the company’s recent activities, proving that they are willing to advance and experiment in gaming and social connections. While using his official X account, Solano...

The Legend Of Zelda Movie Is Avoiding CG Mo-Cap To Be More 'Grounded'


I do not envy anyone working on the previously announced Legend of Zelda movie. Whereas, with Mario, they needed only make cute cartoons and load the film with jokes and easter eggs, Zelda feels so much more nuanced, and any angle is likely to displease many. Filmmaker Wes Ball has recently made...

Yuga Labs tests its Bored Apes-themed Otherside Metaverse


Yuga Labs begins testing its Bored Apes-themed Otherside Metaverse, designed for players to choose their own fun, in the sense that players must regulate their own exposures. This was done to the advantage of a few NFT owners. A variety of responses were received from the users. The product...

Million-Dollar NFT Heist: Apes to Art Blocks Stolen


A massive cyber attack today breached online security by affecting NFT Trader, one of the most popular platforms for private individual trading. As a result, they fraudulently obtained millions of dollars in valuable Non-Fungible Tokens (NFTs). Prized items came from a variety of collections...

CryptoPunks and Bored Apes Dip as NFT-500 Index Falls Despite Crypto Rally


CryptoPunk NFT. Source: Adobe / ArtmediaworX While the broader crypto market appears to be moving toward a potential bull-market phase, the non-fungible token (NFT) sector, led by collections like CryptoPunks and Bored Apes, is experiencing a contrasting trend. The Nansen NFT-500 index, which...

The Protocol: Ethereum Layer-2s Keep Coming as OKX Apes In


In this week's edition of The Protocol newsletter, we share a few trends stand out to close 2023: the proliferation of Ethereum layer-2 networks, the ascendancy of zero-knowledge cryptography and the appearance of tokens, smart contracts and now file hosting on the Bitcoin blockchain

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