BAYC Theft Total Surpasses $18.5M, 'Ape Now, Pay Later' Loans Come For NFTs & More

A user of the Dune analytics platform has discovered that over $18.5 million of Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MA...



A user of the Dune analytics platform has discovered that over $18.5 million of Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) non-fungible tokens (NFTs) have been marked as stolen or reported for suspicious activity on Opensea to date.

According Data from Dune, a user known as “Beetle” discovered that 130 BAYC and 268 MAYC NFTs were flagged for suspicious activity, alongside 153 Azuki, 202 CloneX and 70 Moonbirds.

The total market value of stolen NFTs from these notable collections is just over $25 million.

“Monkey Now, Pay Later”

Decentralized financial lending platform, Teller Finance has launched a new feature that will allow its users to access a “buy now, pay later” (BNPL) functionality to purchase NFTs.

The new feature, humorously titled “Ape Now, Pay Later”, is built on the polygonal network and allows users to own NFTs while repaying the full price over time, much like other BNPL services such as AfterPay. .

As of this writing, Teller Finance BNPL functionality applies to notable NFT collections including: Bored Ape Yacht Club, Mutant Ape Yacht Club, Moonbirds, Doodles, Cool Cats, Azuki, Meebits and more.

Australia launches first music festival with NFT ticket

A traveling music festival for all ages named “The Grass is Greener” has become the first major Australian music festival to use NFT technology as part of its ticketing process.

According to the festival’s official Twitter, a collection of 1,111 limited-edition NFTs will allow owners to access the event like a conventional ticket, but will also open up special features for the most web-savvy festival-goers, including lifetime tickets. , VIP experiences, backstage passes and more.

NFT technology has entered the festival ticketing arena globally – earlier this year a major US music festival Coachella, integrated NFT technology with their “Coachella Keys” collection, which allowed committed fans to create NFTs that offered a range of ultra-exclusive perks, including VIP experiences and lifetime passes.

This is not an NFT – This is an NFT.

New analysis from CashNetUSA found that Australians are big fans of NFTs, ranking 8th globally in monthly search volume on Google and Twitter.

When it comes to sentiment, Australians were quick to express positive thoughts about NFT technology – out of 1,000 tweets, 539 appeared to show “love” for NFTs compared to 79 who expressed “hate” . Vietnam’s play-to-win sensation Axie Infinity was Australia’s favorite NFT project.

Singapore and Hong Kong took the top spots, however, with more NFT searches than any other country with 18,717 and 15,213 monthly searches respectively.

Additionally, the study found that people from Eastern European countries were the most passionate about NFTs on both sides of the spectrum. Montenegrins were the most likely to post pro-NFT tweets, while Polish Twitter users were much more likely to express anti-NFT sentiment.

Another one investigationreleased in March this year by NFT Club, revealed that Australians actually rank second in the world for NFT interest, beaten to first place by Taiwan.