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“# 101 Bored Apes NFT auction at Sotheby’s closes at more than $24M ” The auction of Yuga Labs’ 101 Bored Ape Yacht Club (BAYC) collection has smashed through expectations with a winning bid of $24.39 million. The auction closed on Sept.10 and was hosted by the prestigious auction house Sotheby’s which had earlier estimated…
“# Here’s why Algorand (ALGO) price just rallied to a new multi-year high ” Real-world adoption is what really matters when it comes to being a successful blockchain project and one project that benefited from a recent uptick in adoption is Algorand (ALGO), a pure proof-of-stake protocol aiming to become the go-to base layer for…
“# OpenSea bug appears to have destroyed nearly $100K in NFTs ” Reports have emerged that a bug on OpenSea’s marketplace has deleted user-owned NFTs worth 28.44 Ethereum (ETH), nearly $100,000 at the time of writing. The information was revealed online by Nick Johnson, lead developer of Ethereum Name Service, or ENS, who reportedly lost…
“# NFT sales and floor prices plummet as demand wanes and gas prices soar ” The nonfungible token (NFT) sector has seen an explosion of interest all throughout 2021 and the month of August witnessed record-breaking trading volumes as one-of-a-kind digital collectibles sold for prices in excess of $1 million dollars on a regular basis. As…
“# Cointelegraph Research: Is Solana an ‘Ethereum killer?’ ” Solana has been a trending altcoin due to the successive weeks of price increases. At the time of writing, Solana traded at around $207, which is an 11,400% surge from less than two dollars back in January. At its present worth, Solana sits among the top…
“# Solana rally mimicking Ethereum? Why a $500 SOL price target could be ‘conservative’ ” A high-flying Solana (SOL) refused to land even in the face of a brutal sell-off in the cryptocurrency market on Tuesday. Two days later, the price of SOL rebounded to another new all-time high. The SOL/USD exchange rate averted a…
“# Kraken Australia CEO talks the August market report and BTC price slump ” Kraken Australia CEO Jonathan Miller described yesterday’s Bitcoin crash as a natural correction after BTC was “dragged up” by the overheated Ether (ETH) and nonfungible token (NFT) markets. In its August report, Kraken notes that the supply of Ether on centralized…
“# NBA star Steph Curry asks Twitter for crypto advice ” Following a lucrative $206,000 purchase of a popular Bored Ape Yacht Club non-fungible token, or NFT, last week, NBA all-star Steph Curry has today reached out to his 15.5 million Twitter fanbase for advice on progressing in the crypto game. The Golden State Warriors…
“# Russian State Hermitage raises $440K via Binance NFT auction ” Despite the Russian state maintaining a mostly unfriendly stance on cryptocurrencies like Bitcoin (BTC), a major state-backed museum is benefiting from the industry by raising hundreds of thousands of dollars with nonfungible tokens, or NFTs. The Russian State Hermitage Museum, the largest museum in…
“# SOL price nears $200 after FTX’s Solana-enabled NFT marketplace goes live ” Solana (SOL) bulls have largely ignored its overvaluation risks as the blockchain asset goes after another milestone price level. The SOL/USD exchange rate almost reached $200 on Sept. 7 as investors continued to treat Solana as a long-term competitor to Ethereum, the world’s…