Authorities claim that the individual established a counterfeit website modeled after the widely recognized NFT marketplace, with the intention of fraudulently acquiring digital art collectibles from unsuspecting victims.
What are the reasons behind the decline in value of Yuga Labs' Bored Ape universe?
The Airdrop is bringing you a special edition live from CoinDesk's festival in Austin.
Nearly 3% of the Bored Ape collection has been put up as collateral on the NFT lending platform BendDAO, and many NFTs have recently entered the 'danger zone' of being liquidated.
The Bored Ape Yacht Club's floor price has dropped by half since the beginning of the month, as NFT pricing and sales volume have declined across the board.