Category: BendDAO

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BendDAO contract now has only 15 ETH left to pay lenders

Many nonfungible tokens (NFTs) that were used as collateral in the platform have defaulted without any bids. Lending protocol BendDAO has run out of Wrapped Ether (wETH) in its contract. At the time of writing, the contract only has 15 wETH to pay lenders and an estimated 15,000 Ether (ETH) left to be paid to…
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GameStop NFT daily fee revenue plunges under $4K as gloom infects markets

GameStop NFT has generated roughly $166,800 worth of sales volume over the past 24 hours, with the platform charging only a 2.25% fee on NFT sales, the figure equates to just $3,753 worth of revenue. Daily revenue for GameStop’s NFT marketplace has plummeted to under $4,000, suggesting that interest in the platform has waned significantly…
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