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The NFT market has been facing a significant downturn, with prices of popular collections plummeting. One notable collection, the Bored Ape Yacht Club (BAYC), has experienced a sharp decline, reaching a two-year low. This article delves into the recent crash in NFT prices and its impact on various collections.BAYC and MAYC PricesThe floor price for Bored Ape NFTs has dropped to just over $52,000 worth of Ethereum, marking an 88% decline from its peak in April 2022.Similarly, the Mutant Ape Yacht Club, a follow-up to the BAYC, has seen its floor price dip by 32% over the past week. It…

The Ether NFT project announced a surprising last-minute change in mint supply, raising eyebrows among collectors. TL;DR The Ether NFT collection faced controversy due to its high initial mint price of 1 ETH and the reduction of the total supply from 10k to 5,555 NFTs. The project was founded by anonymous figures Viii, CValley, and Cygaar, with anime-style artwork and a mysterious utility for the collectibles. Despite the controversy, Ether NFT might be one of the best-designed anime NFTs so it’s worth keeping an eye out for. Ether NFT is among the most heavily debated new projects this month due…

Spider Tanks brings us a new tank package, known as the Tiger, with a new body, skin, and a new weapon. As a special promotion, anyone who plays at least 50 Spider Tank matches this week has a chance to win one of these new tanks for their own! Spider Tanks introduces a new tank package know as the Tiger Tank. The package comes with a Ripper weapon, Tiger Body, and a Stripes skin. And though it is only available as a package deal, purchasers are free to mix and match these parts as they wish. The Ripper is a…

The latest update from Genopets introduces us to game achievements and allows holders of Bitcoin Babies to use their pets in-game. In addition, the Genopets team revealed some details about their plans for seasonal crafting content! A new update just landed for Genopets. With this latest release, Genopets introduces achievements to their move to earn game. Achievements come in two flavors, Milestones and Streaks. Milestones are earned once you’ve hit a certain number of total steps. To make things fair for everyone, the step count only began with the release of this update (app version 0.7.1), so everyone starts from…

Fellow Binancians, Binance NFT Marketplace is excited to announce the launch of ForeverCR7: The GOAT NFT Collection — the second of a series of drops featuring the Portuguese football icon Cristiano Ronaldo. The NFT collection will be available exclusively on Binance NFT. About ForeverCR7: The GOATA total of four different rarity levels are available — Super Super Rare (SSR), Super Rare (SR), Rare (R), and Normal (N), and each rarity level will come with its own utility for NFT holders. SSR: The SSR NFT featuring “The Bicycle Kick” will be available in an auction. By holding an SSR NFT, the…

Such is the volatility of the crypto sphere, that in the blink of an eye, the seemingly untouchable can see their worlds come crashing down around them, just ask Sam Bankman-Fried! This time last week, the Azuki NFT collection was riding high following a lavish Las Vegas meet up, only for a miscalculated NFT drop to send the project into total disarray.The trouble all began when Azuki launched its latest set of ‘Elementals’ NFTs, an initially successful drop that raked in $38 million. The wheels swiftly came off, however, when the big reveal uncovered 20k NFTs featuring eerily similar art…

Nonfungible token (NFT) thefts for the month of June were the lowest they have been so far this year. Nevertheless, crypto crime remains a scourge as hackers and exploiters look for easy targets in the NFT space. On June 3, blockchain security firm PeckShield reported on the state of NFT crime and token thefts over the past month. NFT Thefts Down in June The company revealed that there were $2.27 million in NFT thefts in June. Furthermore, this marks a 23% decrease compared to the previous month in which there were $2.95 million in NFT thefts. NFT thefts in 2023.…

The beginning of the disappointment that the NFT blue chip project brought Azuki, one of the most solid blue-chip projects in the NFT bear market, announced the debut of a new series of Azuki Elementals, which piqued the interest of many investors, and the animated promotional video, which lasted more than one minute, exceeded expectations. The Azuki Elementals are the third addition to Azuki’s rapidly growing cosmos, after Azuki’s genesis collection and Beanz. Elementals are made up of 20,000 NFTs and span four distinct domains (Lightning, Earth, Water, and Fire). At the project’s recent Vegas event, the first 10,000 Azuki…

If you’re involved in the world of video games and online gaming then you know that the skins market is huge. These customizable outfits and accessories have the power to elevate an in-game character’s image and even abilities. So, lets take a look at what this industry could mean for NFT gaming assets. Not surprisingly, people pay top dollar for skins in video game universes. Take the Dragon Lore AWP skin which is associated with the CS: GO gaming universe. This skin easily commands hundreds of thousands of dollars and is even listed for almost half a million dollars on some…

In the past 24 hours, the floor prices of top NFT collections have plummeted. Some of the worst affected NFT collections stem from the Azuki ecosystem. Yuga Labs’ latest crypto gaming offering, HV-MTL has also seen its floor price drop massively. Floor Price for Azuki NFT Collections Declines by More Than 20% NFT collections belonging to the Azuki ecosystem have been among the biggest losers of the weekend price crash; data from CoinGecko reveals At the time of writing, the Azuki, Alemental, and Azuki Elemental Beanz collections had all witnessed declines in their floor price of more than 20% in…