NFT Insider

2022-11-24 07:51:01 ApeCoin DAO has officially launched its own community-led NFT marketplace with Snag Solutions. The company shared that the features of the marketplace are built specifically for the Bored Ape Yacht Club and the Otherside communities.

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2022-11-24 05:06:46 Media outlet Semafor reported that SBF had a $100 million stake in Elon Musk's Twitter, leaking a partial text message between Elon and Sam, which turned out to be false.

Elon Musk pointed out that all the previous investors in Twitter had the option to roll their stake into now the private company. However, FTX and SBF took no part.

Elon Musk replied to the report and said that it was totally false and that SBF was an investor in Semafor.

He also mocked SBF by saying, "If SBF were as good at running a crypto exchange as he was at bribing media, FTX would still be solvent!"

#cryptonews #businessnews

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2022-11-24 04:38:15 Despite everything going on with FTX, SBF announced on Twitter today that he would be speaking at New York Times Dealbook summit next Wednesday, November 30.

#cryptonews

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2022-11-24 03:30:53 NFTs have yet to lose their steam. Despite the icy bear market, a rare golden-fur Bored Ape NFT sold today for 800 ETH, or about $949,000.

The Bored Ape Yacht Club #232 was sold by Chain CEO Deepak Thapliyal, who previously purchased a CryptoPunks NFT for a whopping $23.7 million.

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2022-11-23 07:03:01 State of NFTS

Everyone has been wondering what the state of NFTs is after the collapse of one of the major crypto players, FTX.

DappRadar's data from November 1st to the 14th shared that the NFT trading volumes in most chains have decreased, but it seems like NFTs remain resilient.

Ethereum fell from $17 million to $4.4 million (-73.75%)
Flow fell from $307,830 to $101,375 (-67%)
Polygon fell from $235,794 to $114,465 (-48.5%)

Whereas in-game NFT blockchains like Ronin and Wax did not experience significant fluctuations;

Wax increased by 71.29% while Ronin decreased by 7.66%

Based on the report, analysts opinionize that the decline in trading volume is mainly due to socioeconomic factors rather than a decline in collector interest, as the sales count decreased only by 24.5% in the last two weeks.

#report

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2022-11-23 05:34:39 FTX bought at least 19 properties worth nearly $121 million in the Bahamas over the past two years. Bankman-Fried's parents, Stanford University law professors, named owners of a $16.4 million vacation home.

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2022-11-23 05:13:08 Following the footsteps of Amazon, Meta, Twitter, and other big tech companies, Google is now at it looking to fire around 10,000 employees.

However, the layoff at Google will be a part of the performance plan company announced earlier this year, and it will be letting go of 10,000 low-performing employees.

It's worth noting that the decision came just after the company received a letter from the hedge fund investor expressing that the cost base of Google is too high and needs to take aggressive action.

#businessnews

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2022-11-23 04:12:49 The Sandbox announced that it is initiating its three-part LAND sale on Thanksgiving Day.

The upcoming sale will auction a total of 1,967 LANDs, 50 estates, 695 regular LANDs, 134 premium LANDs, and 19 1-of-1 pieces of LAND sale allocated by a blind ballot. In addition, the sale will be in collaboration with some of the biggest brands like Snoop Dogg, Tony Hawk, and Playboy.

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2022-11-23 02:41:01 As Saudi Arabia captured a surprise 2-1 victory over Lionel Messi's Argentina national team, sales of the Saudi Arabia NFT collection called "The Saudis" increased by 387%.

On the other hand, Argentina's fan token (ARG) dropped 21% over the 24 hours.

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2022-11-23 01:02:01 Macy's world-famous Thanksgiving Day parade is coming to the metaverse and will be held on the OnCyber platform.

The virtual parade will start at 9 am EST on Thanksgiving day, which is accessible through Macy's website.

Virtual pass NFTs will be available for $50 each, where proceeds from the sale will be donated to the Big Brother Big Sisters of America.

VeeFriends, SupDucks, gmoney, Cool Cats, and Boss Beauties with also show off their work at the event.

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