Yuga Labs sold the Moonbirds NFT collection and other assets to focus on its main projects like Bored Ape Yacht Club and the Otherside metaverse. The company is cutting back after growing too fast and now plans to stick to its strongest brands.

SuperRare, a leading digital art platform, has seen a 45% dip in traffic, reflecting a broader decline in NFT sales. Despite this, CEO John Crain remains optimistic, urging a broader perspective on the market's challenges, viewing them as part of the NFT space's evolution, not its end.

The ApeCoin community is voting on a proposal to establish an APE-themed hotel in Bangkok. With nearly 90% of votes in favour and the voting concluding on 31 July, will it be shelved?

NFTs were deemed nearly obsolete after the initial crypto market frenzy subsided. At their zenith, NFTs fetched tens of millions of dollars. However, a study revealed that the trading volume in the NFT market had dropped.

Runestone's BTC price surpasses BAYC, becoming 2nd largest NFT project. Recent surge attributed to meme coin developments. Exciting transformation ahead.

Greg Solano becomes CEO of Yuga Labs, focusing on creativity, partnerships, and advancing the BAYC and Otherside projects, promising a renewed vision and market positivity around BAYC's future.

Following X's decision to remove the option for paid subscribers to set NFTs as profile pictures, CryptoPunks and Bored Ape Yacht Club (BAYC) experience increased floor prices, with CryptoPunks up by 8% and BAYC by 7%. The NFT market overall sees a 90% surge in total sales volume.

Following a security breach at NFT Trader, stolen BAYC and MAYC NFTs were quickly recovered, highlighting the need for improved security in the NFT space.

A BATHING APE® (BAPE®), renowned for its streetwear, announced today a forthcoming collaboration with Bored Ape Yacht Club (BAYC). The joint venture, in association with NFT production studio Yuga Labs, heralds a convergence of fashion and blockchain technology.

Tiger Global Management's bold cuts in Bored Ape Yacht Club and OpenSea investments underscore the volatile nature of NFTs, urging caution and strategic adaptation in this dynamic financial landscape