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Nifty News: BAYC floor price drops 50%, Lonely Apes doesn’t attract women, and more

The floor price of the Bored Ape Yacht Club has fallen 50% from the beginning of this month as prices and sales volume of NFTs suffer across the board. Prices throughout the nonfungible token (NFT) market have suffered amid the broader market downturn, with the floor price of the Bored Ape Yacht Club (BAYC) collection…
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Bitcoin Argentina NGO to Take Crypto Education to Schools

Bitcoin Argentina, an NGO dedicated to the promotion and expansion of Bitcoin and cryptocurrency in the country, is going to take Bitcoin education to high schools. The project, called “Schools and Bitcoin,” will help educate high school students about the relevance of Bitcoin and the differences between this alternative system of money and the traditional…
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Bitcoin and Ethereum Trend Lower, Altcoins Slide, AXS Moves Higher

  Bitcoin price failed to start another increase, extended decline below USD 29,000, and even tested the USD 28,550 support zone before recovering. It is currently (04:05 UTC) consolidating losses near USD 29,200 and is down 2% in a day and up 1% in a week…. Read More: Bitcoin and Ethereum Trend Lower, Altcoins Slide,…
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Coinbase launches new crypto think tank to help shape policies

Coinbase’s new “crypto native think tank” features an advisory board of finance and law academics from top United States universities and will publish original research to shape policies around crypto. Cryptocurrency exchange Coinbase has created a “crypto native think tank” in an attempt to help shape the global conversation around policies for digital assets. The…
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Singer Kiesza backs robot NFT to give prosthetic limbs to a young man and a dog

The proceeds will be used to 3D print a leg for a dog named Cuco and an arm for a young man named Jesus. In a positive twist for the nonfungible token (NFT) mania, Canadian singer Kiesza backs an NFT drop called MetaMoves in partnership with NFT marketplace Portion aiming to provide funds for patients…
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Jamiroquai to Bring ‘Virtual Insanity’ to The Sandbox Blockchain Metaverse

On Wednesday, the acid jazz-funk band Jamiroquai revealed it has partnered with the blockchain-based virtual world platform The Sandbox in order to “get funky in the metaverse.” According to the announcement, Jamiroquai plans to bring virtual insanity to the band’s virtual land located in The Sandbox metaverse. Acid Jazz-Funk Band Jamiroquai Joins the Sandbox Virtual…
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The Dept. of Commerce has 17 questions to help develop a crypto framework

The DoC’s series of 17 questions is set to be published on May 19 and asks for comments from the public that will inform the department’s creation of a regulatory framework for crypto businesses. The US Department of Commerce is calling for submissions on how it can establish a framework that will bolster American economic…
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Coinbase Bets On ‘Enterprise-Grade’ Liquid Staking Business

  Major US-based crypto exchange Coinbase is backing the development of the “first-ever” enterprise-grade liquid staking protocol, bringing know-your-customer (KYC) checks to the world of decentralized finance (DeFi). According to an announcement from Coinbase on Tuesday, the new liquid staking protocol is being developed by Alluvial, a development firm made up of people with experience…
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SEC chair uses crypto enforcement in justification for FY2023 budget

“We’re not trying to grow really significantly, but resources to grow at least six percent to grow our enforcement arm in this space,” said Gary Gensler. Gary Gensler, chair of the United States Securities and Exchange Commission, or SEC, has cited concerns about cryptocurrency enforcement in its budget request for the next fiscal year. In…
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Candidate supported by Bankman-Fried-linked PAC loses Oregon primary

Record spending in a Democratic House primary could not give a political newcomer the boost he needed to overcome a local politician with a long career. Andrea Salinas has won the Democratic primary election for the newly created Oregon 6th District seat in the United States House of Representatives. Practically since it started, the election…
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