Yahoo

‘Bored Apes’ investors sue Sotheby’s, Paris Hilton and others as NFT prices collapse

A group of investors is suing Sotheby’s Holdings Inc. and others over a 2021 auction and promotion of Bored Ape Yacht Club non-fungible tokens (NFTs) following a collapse in prices for the ...
CNBC

Bored Ape Yacht Club NFTs sold for millions in 2021—prices have dropped 90% since then

Yuga Labs, the creator of the viral Bored Ape Yacht Club non-fungible tokens, announced a new round of layoffs on Friday as the NFT frenzy appears to cool. Greg Solano, YugaLab's CEO, announced that ...
AOL

Justin Bieber bought a Bored Ape NFT in January for $1.3 million that's likely worth about $70,000 in the wake of the FTX collapse

Justin Bieber's bought a Bored Ape NFT for $1.3 million in January. It's now probably worth $70,000, according to NFT Price Floor. The 95% drop in valuation comes after Sam Bankman-Fried's FTX ...