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ApeCoin
Otherside and the Future of NFT Consolidation
In the wake of its chaotic metaverse land sale, Yuga Labs says it has outgrown Ethereum. Quelle surprise.

ApeCoin Drops, Ether Trades Flat Despite Record $200M Gas Burn
Over 71,000 ether were burned on Sunday amid demand for a new NFT project. But that did little to affect ether prices as the broader market traded flat.

BAYC Team Raises $285M With Otherside NFTs, Clogs Ethereum
The virtual land rush for the ape-centered metaverse project has already cost traders more than $176 million in fees alone.

Please Don’t Buy a ‘KYC’d’ Wallet for the Bored Apes Team’s Otherside Mint
Yuga Labs’ long-awaited “Otherside” NFT sale has spawned a secondary market for specially registered Ethereum addresses. Caveat emptor.

US Sanctions BitRiver; Apecoin Steals Doge’s Thunder
Russian crypto miner BitRiver added to U.S. sanctions list. Chinese court says NFT marketplaces obliged to review copyright. Apecoin takes the spotlight as “Doge Day” fails to shine. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

ApeCoin's Rise and Fall: Is it Just Hype?
Digital Strategies Principal Kalman Gabriel discusses the recent price action of the Bored Ape Yacht Club’s ApeCoin and its similarities with $MAGIC from Treasure DAO. Plus, a conversation on the future gaming utilities of ApeCoin and Yuga Lab’s partnership with Animoca Brands.

BAYC’s ApeCoin Jumps 13%, Causes $4.5M in Futures Liquidations
Traders are losing big money on the recently-issued token.

Bored Ape Yacht Club Owner Yuga Labs Raises $450M Led by A16z
Now valued at $4 billion, the company will use the funds to build out its NFT-based metaverse.

Crypto Exchange Blockchain.com Acquires Altonomy’s OTC Desk
Blockchain.com confirmed the deal to CoinDesk. It significantly expands the exchange’s crypto OTC network, especially in the altcoin space.

Bored Ape Yacht Club’s ApeCoin Surges 90% on Second Day of Trading
Bored Ape Yacht Club's recently launched ApeCoin token (APE) surged 90% on its second day of trading following a first-day price drop. “The Hash” hosts discuss possible future use cases for APE like gaming, and question if the token could be considered a security according to the Securities and Exchange Commission (SEC).
