Tag: Bored Ape Yatch Club

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Bored Ape NFT Prices Plummet to August 2022 Levels, Down 90% From Previous High – Are NFTs Going to Zero?

April 16, 2024

The Bored Ape NFT prices plummeted 90%, from an all-time peak of 120 ETH to 10 ETH currently.  During the 2021 cryptocurrency bull run, Bored Apes Yacht Club (BAYC) NFTs became one of the most demanded collections but ultimately succumbed to a decline in demand that impacted the whole NFT market. Despite initial hype and…
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Yuga Labs Accuses Ryder Ripps of Destroying NFT Keys to Evade Court Order

March 14, 2024

Bored Ape Yacht Club creators, Yuga Labs, are accusing artist Ryder Ripps of contempt of court. In a recent filing, they allege Ripps deliberately destroyed access to his wallets containing RR/BAYC NFTs to avoid complying with a court order. Yuga Labs claims Ripps’ actions were made in “bad faith” and that he misled the court.…
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