Justin Bieber’s Bored Ape Valuation Drops 99% amid Structural NFT Market Rebalancing
A Bored Ape Yacht Club NFT purchased by Justin Bieber for $1.3 million in 2022 is currently valued at approximately $12,000.
A Bored Ape Yacht Club NFT purchased by Justin Bieber for $1.3 million in 2022 is currently valued at approximately $12,000.
Kris Marszalek has acquired the AI.com domain for $70 million to launch an autonomous AI agent service. The platform is scheduled for a national debut during the Super Bowl.
Polymarket is partnering with Circle to migrate its settlement infrastructure from bridged USDC on Polygon to Circle-issued native USDC.
Tether has made a $100 million equity investment in Anchorage Digital, deepening its partnership with the federally regulated US crypto bank.
Crypto exchange Gemini is withdrawing from the UK, EU, and Australia while cutting 25% of its staff to refocus on the US and prediction markets.
House investigators are probing World Liberty Financial over a reported $500 million UAE-linked stake and the role of its USD1 stablecoin in a Binance deal.
The CFTC has formally withdrawn a Biden-era proposal that sought to prohibit sports and political prediction markets, signaling a regulatory shift toward event-based derivatives.
Hong Kong could significantly expand its asset management sector by adopting tokenized fund infrastructure, according to a new BCG-led whitepaper.
Tether reported record USDT user growth and higher reserves in the fourth quarter of 2025, even as crypto markets suffered a sharp liquidation-driven downturn.
The Coinbase Premium has dropped to its lowest level since late 2024, signaling weakening institutional demand for Bitcoin amid broader market stress and ETF outflows.
Kraken parent Payward reported a sharp rise in 2025 revenues as higher trading volumes and acquisitions helped diversify income streams ahead of a potential IPO.
Canada’s investment regulator has introduced stricter, tiered custody standards for crypto assets, aiming to reduce losses from fraud, hacks, and weak governance.
Nevada regulators have moved to block Coinbase’s prediction market offerings, arguing the exchange is facilitating unlicensed sports wagering through event-based contracts.
Prediction market leaders Polymarket and Kalshi are using grocery giveaways in New York as competition intensifies amid surging trading volumes.
Bitwise is set to acquire staking provider Chorus One, signaling growing institutional demand for onchain yield as Ethereum staking reaches record levels.