Pop star Justin Bieber’s high-profile purchase of a Bored Ape Yacht Club NFT for $1.3 million in 2022 has turned into a staggering loss as the NFT market collapsed. The digital collectible, once a symbol of celebrity crypto enthusiasm, is now valued at roughly $12,000. This highlights the dramatic volatility and fading hype in the once-booming NFT sector.
about Justin Bieber's $1.3M NFT Now Worth Just $12KCryptoPunks
0 in Finance and 1 in Crypto last weekMonad Mainnet Launch: Ethereum Rival Debuts November 24
The cryptocurrency landscape is set for a significant shift as Monad, a highly anticipated Ethereum Virtual Machine-compatible blockchain, prepares to launch its mainnet on November 24 alongside its native MON token. Positioned as a direct competitor to established networks like Ethereum and Solana, Monad promises to deliver superior scalability with 10,000 transactions per second and near-zero gas fees. With pre-market trading already generating over $14 million in volume and a carefully curated airdrop reaching nearly 225,000 verified users, the project represents one of the most substantial layer-1 launches of the year, backed by $240 million in funding including a major investment from crypto venture fund Paradigm.
about Monad Mainnet Launch: Ethereum Rival Debuts November 24NFT Market Value Halved in 30 Days Despite Trading Surge
The NFT market has suffered a dramatic 45% collapse in value over the past month, wiping out nearly half its total market capitalization. This steep decline occurred despite a surprising uptick in trading activity and sales volume during October. Even established blue-chip collections weren’t spared from the market downturn, with only Bitcoin and Base NFTs showing resilience amid the broader collapse.
about NFT Market Value Halved in 30 Days Despite Trading Surge3AC Liquidator to Sell $21M NFT Portfolio in Bankruptcy
The collapse of crypto hedge fund Three Arrows Capital (3AC) has entered a new phase as liquidator Teneo prepares to sell the firm’s $21 million NFT portfolio, excluding the controversial ‘Starry Night Portfolio.’ This massive liquidation represents a critical step in recovering assets for creditors owed $3.5 billion following 3AC’s implosion during the 2022 crypto market turmoil. The sale includes hundreds of high-profile NFTs from renowned collections like CryptoPunks, Bored Ape Kennel Club, and Autoglyphs, marking one of the most significant NFT liquidations in cryptocurrency history.
about 3AC Liquidator to Sell $21M NFT Portfolio in BankruptcyYuga Labs Launches Koda Nexus in Otherside Metaverse
Yuga Labs is launching the Koda Nexus social hub in its Otherside metaverse on November 12, marking a significant expansion of its Bored Ape Yacht Club ecosystem. The company also announced a major partnership with Amazon Gaming to promote the metaverse and release exclusive co-branded NFTs. This represents the first phase of Yuga’s three-layer approach to building an always-on virtual world, building on the platform’s explosive $560 million launch in 2022.
about Yuga Labs Launches Koda Nexus in Otherside MetaverseMrBeast Files Trademark for Crypto Financial Services App
YouTube superstar MrBeast has filed a trademark application for ‘MrBeast Financial,’ signaling plans to launch a comprehensive financial services app that would offer cryptocurrency exchange, payment processing, banking, and insurance services. However, the world’s most-subscribed individual creator faces significant regulatory hurdles before bringing his ambitious financial platform to market, requiring multiple government approvals that have not yet been filed.
about MrBeast Files Trademark for Crypto Financial Services AppNFT Market Recovers 10% After $1.2B Friday Crash
Major Ethereum NFT collections continue to struggle despite a partial market recovery following Friday’s crypto crash. The NFT sector lost approximately $1.2 billion in market capitalization during the steep sell-off but has since shown signs of rebound. Leading collections like Bored Ape Yacht Club and CryptoPunks remain in negative territory despite the broader recovery.
about NFT Market Recovers 10% After $1.2B Friday CrashMonad Airdrop Sparks Community Backlash Over Eligibility
Monad’s highly anticipated MON token airdrop has triggered significant community criticism over its eligibility criteria, leaving many active traders and NFT holders excluded despite previous indications they would qualify. The controversy highlights growing tensions between blockchain projects and their user communities, with only 0.74% of Monad’s Discord members qualifying while 225,000 external addresses received allocations.
about Monad Airdrop Sparks Community Backlash Over EligibilityMonad Unveils MON Airdrop Portal for 230K Crypto Users
Monad Foundation has launched its highly anticipated MON token airdrop portal, targeting over 230,000 active crypto community members in what represents one of the most strategic token distributions of 2024. The layer-1 blockchain competitor to Ethereum and Solana is deploying sophisticated anti-sybil measures to ensure tokens reach genuine participants across major DeFi protocols, NFT collections, and governance ecosystems. With pre-market trading already showing significant interest and the claim window open until November 3, this airdrop marks a critical milestone for Monad’s ambitious $225 million-funded network development.
about Monad Unveils MON Airdrop Portal for 230K Crypto UsersNFT Market Rebounds with 18M Sales in Q3 2025
The non-fungible token market is experiencing its strongest resurgence since 2022, with transaction volumes reaching unprecedented levels this year. According to DappRadar’s comprehensive market analysis, Q3 2025 recorded 18.1 million NFT sales generating $1.6 billion in trading volume—representing a dramatic 45% quarterly increase that signals a robust market recovery despite modest growth in new user adoption.
about NFT Market Rebounds with 18M Sales in Q3 2025Base NFTs Lead Sales Count, Polygon Dominates Volume
Base’s NFT ecosystem surged in September, with DX Terminal NFTs recording over 1.27 million transactions and claiming the top sales count spot. Despite this explosive growth in transaction numbers, trading volume remained concentrated on established networks like Polygon and Ethereum. The data highlights Base’s emergence as a hub for experimental NFT projects while traditional leaders maintain volume dominance.
about Base NFTs Lead Sales Count, Polygon Dominates VolumeVesting NFTs Surge on BNB Chain, Topping Daily Sales
In a dramatic market shift, Vesting NFTs have unexpectedly claimed the top spot on CryptoSlam’s daily sales rankings, generating over $12.4 million in volume on BNB Chain. This surge not only demonstrates growing investor appetite for liquidity solutions addressing token lockups but also propelled BNB Chain past Ethereum as the leading network for NFT sales for the day. The niche financial instrument’s performance signals a potential reorientation in how market participants approach illiquid crypto assets.
about Vesting NFTs Surge on BNB Chain, Topping Daily Sales