Yuga Labs Burns Nearly $1 Million Worth of Ethereum Gaming NFTs—Here's Why
Over 4,000 HV-MTL NFTs have been burned by Bored Ape Yacht Club creator Yuga Labs at the request of game studio Faraway.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
NextBlock invests $3 million in Soda Labs blockchain privacy startup
Soda Labs' funding boost could accelerate privacy tech adoption in blockchain, potentially reshaping financial transactions and da...
BitMine’s Ethereum buying spree could end in six weeks
BitMine Immersion Technologies Chairman Tom Lee said the company will stop accumulating Ethereum once its holdings reach 5% of the...
Glamsterdam Upgrade: Sepolia Blocks Leave Most of Ethereum’s New Gas Capacity Unused
Ethereum’s Glamsterdam upgrade has raised Sepolia’s block-gas limit from about 60 million to nearly 200 million, giving developers...
A $1,000 MetaMask incident could turn Ethereum’s staking queue into a $5 billion traffic jam
MetaMask's precautionary validator exits are turning a roughly $1,000 reward diversion into a test of Ethereum's staking capacity....
Bitcoin mined for pennies in 2010 moves after 16 years, now worth $8.5 million
The 100 BTC came directly from two mining rewards created during Bitcoin’s “Satoshi era” and had not moved for more than 16 years.
Ethereum Price Prediction: 5% Weekly Drops as Bitmine Plans to Stop ETH Buying
Ethereum latest selloff has put a key support zone and price prediction under pressure. ETH falls to $2,500 after 5% weekly declin...