5 BAYC-Like NFT Projects to Watch Out for in 2022

Bored Ape Yacht Club (BAYC) NFTs hit the market in April 2021 and instantly gained massive popularity. Moreover, it lit up the PFP NFT market, which is now emerging as one of the most exciting and profitable digital asset sectors of investment. In this article, we look at the 5 BAYC-like NFT projects that hope of mimicking the same success. But first, we dive deeper into the world of PFP non-fungible tokens to discover what makes them so popular and…

Hackers Seize BAYC’s Instagram, Steal $10 Million NFTs

This afternoon, Bored Ape Yacht Club raised an alarm on Twitter, announcing a forceful takeover of its Instagram account. More than $10 million worth of NFTs has been stolen in the aftermath of the attack.  According to the tweet, someone hacked the team's official Instagram account. BAYC team swiftly advised users to refrain from following any prompts or instructions given by the account. However, it appears that their announcement came too late, as many had already fallen victim. https://twitter.com/BoredApeYC/status/1518590210686308354?s=20&t=_tT-JeyNNBlpX3xJg5StsA How…

Bored APE Token Triggers Spike in ETH Gas Prices

The bombshell drop of the APE token sent ripples across the crypto world - with a noticeable effect on ETH gas prices. Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC) NFTs, has issued its own crypto token. As announced on Wednesday, the new ERC-20 token is called ApeCoin ($APE). We’re excited to announce we’re adopting ApeCoin as the primary token for the Bored Ape Yacht Club ecosystem as well as future Yuga products and services. The newly…

DYP Founder Shows Faith in the DYP PAW NFT Collection with BAYC NFT Purchase

The DeFi Yield Protocol’s CEO and founder, Mihai Nicusor Busica, revealed he purchased an NFT from the Bored Ape Yacht Club collection on January 3 through a Twitter post. Mihai acquired the #1112 Bored Ape for a whopping 80 ETH, which is the equivalent of $304,000. His announcement comes two weeks before the launch of the protocol’s NFT collection, the Cats and Watches Society. The event set to unroll on January 17 will also entail the launch of its V2…