Search results for ape

  • DOJ Files Charges Against Baller Ape Club ‘Rug Pull’

    The DOJ also announced three other crypto fraud cases amounting to over $100 million in potential losses.

  • This Bored Ape NFT Just Sold For $116,366 in ETH

    The Bored Ape Yacht Club (BAYC) is an exclusive community for holders of the ape and mutant themed NFT collections on Ethereum's blockchain. Commonly referred to as the Bored Apes, only 10,000 generative art pieces will ever be in existence. What happened: Bored Ape #4710 just sold for 106.00 ETH (CRYPTO: ETH) ($116,366 USD). The value of Bored Apes is typically determined by the Ape's attributes, with the laser eyes, crown, and golden fur traits being the most coveted. Here are a list of its attributes and how many others have the same trait: Mouth: Bored (919) Background: Aquamarine (505) Earring: Gold Stud (191) Fur: Noise (69) Clothes: Sleeveless T (106) Hat: Prussian Helmet (52) Eyes: Robot (143) Why it Matters: Bored Apes are the ultimate store of culture for NFT collectors. The NFT collection has gained huge influence in 2021, with an ever growing list of top tier celebrities making apes their profile pictures on Twitter. With the recent explosion in popularity surrounding the Metaverse, rare blockchain-based avatars are all the rage for those looking to flex online. Being a member of the Bored Ape Yacht Club is not just about flexing online. Yuga Labs, the creators of the Bored Apes throw exclusive parties often with free private performances from members of the club such as Lil Baby. Other notable celebrities in the club include Post Malone, Stephen Curry, Dez Bryant, and Jimmy Kimmel. Yuga Labs also created another NFT collection known as the Mutant Apes, which also provides membership to the elusive club. There are a total of 20,000 Mutant Apes, and the price floor is historically lower than the Bored Apes. See Also: NFT Release Calendar and Best NFT Projects of 2021 Data provided by OpenSea. Checkout the full Bored Ape Yacht Club collection You can learn more about this NFT here. This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Here's Why This Rare Bored Ape NFT Just Sold For $118,562 In ETH

    The Bored Ape Yacht Club (BAYC) is an exclusive community for holders of the ape and mutant themed NFT collections on Ethereum's blockchain. Commonly referred to as the Bored Apes, only 10,000 generative art pieces will ever be in existence. What happened: Bored Ape #6014 just sold for 108.00 ETH (CRYPTO: ETH) ($118,562 USD). The value of Bored Apes is typically determined by the Ape's attributes, with the laser eyes, crown, and golden fur traits being the most coveted. Here are a list of its attributes and how many others have the same trait: Eyes: Bored (690) Background: Purple (540) Mouth: Bored Cigarette (292) Clothes: Tweed Suit (58) Fur: Red (153) Why it Matters: Bored Apes are the ultimate store of culture for NFT collectors. The NFT collection has gained huge influence in 2021, with an ever growing list of top tier celebrities making apes their profile pictures on Twitter. With the recent explosion in popularity surrounding the Metaverse, rare blockchain-based avatars are all the rage for those looking to flex online. Being a member of the Bored Ape Yacht Club is not just about flexing online. Yuga Labs, the creators of the Bored Apes throw exclusive parties often with free private performances from members of the club such as Lil Baby. Other notable celebrities in the club include Post Malone, Stephen Curry, Dez Bryant, and Jimmy Kimmel. Yuga Labs also created another NFT collection known as the Mutant Apes, which also provides membership to the elusive club. There are a total of 20,000 Mutant Apes, and the price floor is historically lower than the Bored Apes. See Also: NFT Release Calendar and Best NFT Projects of 2021 Data provided by OpenSea. Checkout the full Bored Ape Yacht Club collection You can learn more about this NFT here. This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • How To Interpret The Changing Market Landscape

    By Sumit Handa, Managing Director, Partner, and Co-Head of the Investment Committee for Pennington Partners Crypto Winter. War in Ukraine. A stock market drop: What’s an investor to do? When we look at the drop in stock market values, we see this as the result of two factors: Covid lockdown policies that were drawn out far longer than they should have been, and monetary policies that have so far been ineffective at containing inflation. Even though, as of this writing, China has eased lockdowns in Shanghai, the reduction in output will still be felt. Also, we have our doubts as to whether rising interest rates will curtail inflation. While we unequivocally do not support the Russian invasion of Ukraine, it is critical to fully understand the negative economic consequences of the sanctions that have been imposed as a result. We are seeing economies make decisions right before our eyes that will change how they operate for decades to come. Whether you support a return to deglobalization for example or not, what we have done to “punish” Russia is having real effects on our economy and way of life. We wonder if these were the right moves, and how long Americans are willing to accept them. Additionally, many European countries are cut off from Russian oil and gas, but many renewable energy options are not yet economically viable on a large scale. The limited availability of energy will damage these economies – noticeably – for years to come. With spreads widening, we are already seeing Italy exhibit real problems, and fear a repeat of the Greek credit crisis of 2011 is not far off either. We expect Russia and Ukraine to come to an agreement, but not before the full extent of food shortages are felt across the globe. Further, what is most alarming, is that it is difficult to imagine that higher interest rates alone will not lead to a reduction in the price of wheat or fertilizer… So, as a $1B+ multi-family office, here are some of our expectations for how the fast-changing economic picture is impacting the 2022 market landscape: A wave of deglobalization in the U.S. – American businesses will not want to be stuck waiting on goods from overseas, and so we predict more investment in manufacturing, jobs, and innovation. The resulting reduction in uncertainty will be welcome – especially if further territorial invasions take place – but the commitment to manufacturing more products here will also lead to higher prices for consumers. The current realignment of cryptocurrency values appears justified – There are nearly 20,000 digital coins in existence, and the vast majority of them have no use or offer no utility. While cryptocurrency technology does serve a purpose, it is too soon to fully realize its benefits. As a result, rallies for even the most useful coins are still highly speculative. It costs roughly $15,000 to mine Bitcoin and the value should not be much higher than this. The disappearance of unprofitable businesses in Silicon Valley – Many firms are pulling back their funding, which will lead to significant unemployment at businesses that are not turning profits – perhaps even leading to their closure. Job offers are being rescinded and the demand for tech talent will likely fall more in line with supply. Despite all this turbulence, we do believe that we are within 5-10% of a near-term market “bottoming out,” though it is important to remember that the market can always get oversold. With that said, we do expect a second half-of-the-year rally, prefer credit to equity, and are recommending that clients prioritize investments in energy, materials, and consumer staples, along with investments in high-quality businesses. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Revive Therapeutics Data Access Plan Approved By The FDA; Partial Unblinded Data In Company Hands

    Revive Therapeutics Ltd. (OTC: RVVTF) moved closer towards potential endpoint change in their Phase 3 clinical trial to evaluate the safety and efficacy of Bucillamine to treat COVID-19. The FDA officially approved the company’s Data Access Plan (DAP) to allow for the unblinding of the pre-dose selection data to a designated company statistician. This marks the final regulatory hurdle between Revive reviewing data and determining whether to pivot to revised trail endpoints. The news was announced after market open on Friday, in what has become a recent deviation from customary pre-market morning releases. In it, Revive Therapeutics disclosed that with DAP approval in-hand, it will now proceed to unblind the pre-dose selection data to potentially support the amended study protocol with the new primary efficacy endpoints. This will involve reviewing data from the first 210 patients and determining whether targeting symptom reduction gives the trial the best chance to succeed. With the rise of the virulent, yet less dangerous Omicron and BA.2 variants, the original mission to reduce death and hospitalization has evolved. However, there remains an important need for an oral COVID therapeutic that can provide symptom relief and potentially mitigate another wave of disruptive economic shutdowns. As BNN Bloomberg reported on June 24, COVID infection rates are rising again in the UK and across much of Europe—driven by newer versions of the omicron variant—amid concerns that another wave will disrupt businesses and add to pressure on health systems. New outbreaks elsewhere are causing growing absences from workplaces and worsening labor shortages. In Germany, Deutsche Lufthansa AG is canceling 3,100 flights, adding to Europe’s travel chaos as the summer vacation period gets under way. Omicron sub-variants ‘evolving to target the lungs and overcome immunity’ - not good news. Admissions rising in all age groups #covid19 https://t.co/1UGAV45Ifi — Binita Kane (@BinitaKane) June 22, 2022 Reports of worldwide COVID case outbreaks have been common throughout 2022. For example, new cases in South Korea rose from under 5000 per day in early January to a surge of 621,328 cases per day, as reported by The Guardian on March 17. It also brought along with it record fatalities, with 429 people succumbing to the illness on that day. Broadly speaking, the scientific community and state leaders expect more such outbreaks in the foreseeable future—including U.S. president Joe Biden. This past week, president Biden spoke at the White House about the need for more funding to fight Covid-19, stating that a “second pandemic” was coming. Revive Therapeutics COVID Trial Nears An Inflection Point According to the Merriam-Webster dictionary, an inflection point is defined as “a moment when significant change occurs or may occur.” This simple definition applies aptly to the current dynamics of Revive Therapeutics COVID trial story. With unblinded data now in-possession, Revive is positioned to make an informative decision on the applicability of potential endpoint change. Should it move forward and decide that the data justifies this conclusion, and pending FDA review and approval of such changes, the trial’s Data Safety and Monitoring Board could meet shortly thereafter to unblind the study entirely, paving the way for potential Emergency Use Authorization submission. And given the way leading oral COVID therapeutic Paxlovid (Pfizer) is performing, it’s a reasonable assumption that the FDA is keen on bringing new drugs into the marketplace. The ineffectiveness of Paxlovid recently came into focus when Pfizer halted enrollment into the EPIC-SR trial evaluating Paxlovid in standard-risk patients due to lack of efficacy. The phase 2/3 trial failed to prove that the antiviral treatment reduced the relative risk of contracting COVID-19 and associated symptoms. This came in addition to a May 24 warning issued by the Center for Disease Control and Prevention (CDC) which advised that a rebound in COVID symptoms can occur after taking Paxlovid, approved for symptoms reduction in the high-risk population.   With questions regarding the efficacy and long-term viability of antiviral medications in-focus, Bucillamine may have a legitimate shot at becoming a frontline therapeutic option. With a differentiated mode-of-action reliant on squelching oxidative stress and inflammation (along with some purported antiviral and anti-spike protein binding characteristics), Bucillamine is treating symptoms of COVID as opposed to trying to eradicate a virus that is constantly mutating. Regardless, the quality of trial data will determine Bucillamine’s success or failure in the current Phase 3 study. By allowing the company to view partial unblinded data before making an endpoint decision, we can only surmise that the FDA is giving Revive the best possible chance to succeed. For the first time in almost two years since the trial was initiated, a potential endgame is close at hand. This article was originally published on The Dales Report and appears here with permission. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Cryptocurrency ApeCoin Falls More Than 14% In 24 hours

    ApeCoin's (CRYPTO: APE) price has decreased 14.69% over the past 24 hours to $4.69. This is contrary to the coins performance over the past week where it has experienced an up-trend of 10.0%, moving from $4.23 to its current price. The chart below compares the price movement and volatility for ApeCoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility. The trading volume for the coin has increased 48.0% over the past week while the overall circulating supply of the coin has increased 0.99% to over 299.53 million which makes up an estimated 29.95% of its max supply, which is 1.00 billion. The current market cap ranking for APE is #37 at $1.39 billion. Powered by CoinGecko API This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Merchants Can Now Accept Dogecoin, ApeCoin, Shiba Inu And More Thanks To Coinbase Commerce

    Merchants who use a leading cryptocurrency company for their commerce solutions now have the option to accept several additional cryptos for payment. Here are the details. Faster Payments: Coinbase Commerce, a unit of Coinbase Global (NASDAQ: COIN) announced an update Tuesday that includes faster payment and more cryptocurrency options for its merchant partners. Coinbase launched instant and free payments from Coinbase users to Coinbase merchants earlier this year. “This new feature leverages Coinbase’s unique access to both Coinbase customers as payers and to merchants as payees to enable instant, free payments using off-chain transactions,” the company said. Coinbase said off-chain transactions are cheaper and faster, which allow for faster settlement. “Following this launch, existing Coinbase users will be able to complete crypto payments for free if they are sending money to a Commerce merchant on our Coinbase-Managed product, and funds will be settled to the merchant instantly.” Instant transactions and auto conversions are expected to help with merchants worried about price volatility around cryptocurrencies. Additional Cryptocurrencies Added: Coinbase announced the addition of seven cryptocurrencies added to the Commerce platform Tuesday. The additions come from requests of users, according to the company. The cryptocurrencies now accepting for Coinbase Commerce merchants are: Bitcoin (CRYPTO: BTC) Ethereum (CRYPTO: ETH) USD Coin (CRYPTO: USDC) Bitcoin Cash (CRYPTO: BCH) Litecoin (CRYPTO: LTC) Dogecoin (CRYPTO: DOGE) Dai (CRYPTO: DAI) Tether (CRYPTO: USDT) ApeCoin (CRYPTO: APE) Shiba Inu (CRYPTO: SHIB) “Merchants can easily manage which cryptocurrencies they want to accept, turn off the ones they don’t, and choose to hold or auto-convert any cryptocurrency balance to USD,” Coinbase said. Related Link: 4 Coinbase Analysts On Q1 Earnings, Stock Plummet, Projections Include Short-Term Crypto Winter, Long-Term Growth  Why It’s Important: Coinbase has a goal of connecting consumers and businesses in the cryptoeconomy. “By making cryptocurrency transactions easier and more accessible, we are continuing to drive towards this goal,” the company said. Safe and convenient payments are among the company’s key strategic pillars. Coinbase Commerce has been used by partners that include Sotheby’s, Yuga Labs and Constellation Brands (NYSE: STZ). “By removing friction and increasing flexibility within the crypto payment process on both sides of the ecosystem, we are taking another step towards mainstream adoption and leveraging the network effect of our brand.” COIN Price Action: Coinbase shares are down 8.92% to $50.97 on Tuesday. Photo: Courtesy of PiggyBank Canada on flickr © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Trading Influence: SnapEx Announces Premium Traders Program

    SnapEx, the derivatives exchange, has launched its Premium Traders Program. There are 30 slots available on the program, and as long as the trader has a social media account, they can apply.  SnapEx, the derivatives exchange, has launched its Premium Traders Program. There are 30 slots available on the program, and as long as the trader has a social media account, they can apply.  The initiative aims to allow high-value traders gain access to a range of benefits to help them optimize their trading strategies and keep more money in their pocket, as well as help develop their social media footprint and provide connections to projects in the crypto space so they can get ahead of the game. About Snap Ex   The SnapEx derivatives exchange allows traders to trade CFDs (contracts for difference) to make money on the movement of cryptocurrencies without taking custody of the underlying crypto assets. This type of trading appeals to day traders and those who focus on asset-price movements over and above investment in the currencies themselves. SnapEx has launched its social trading (also known as copy trading) features, where users can ‘copy’ the trades of traders who they see as being successful. This is a mutually beneficial relationship for both the copier and copied trader, with the copier tapping into a successful trading strategy and the copied trader receiving a fee for having their strategy followed. About the Premium Traders Program   SnapEx’s new program is targeted at successful, talented traders who wish to build an online following that copies their trades, thus reaping additional rewards on top of their trading strategy. It offers a host of benefits targeted at boosting the visibility of these traders - both on SnapEx’s platform and through other channels - as well as a string of associated bonuses.  SnapEx has reportedly allocated funds to help promote the social media channels of its chosen traders. The traders will also be featured on the SnapEx exchange itself, so traders can find them easily. SnapEx plans to work with a professional marketing agency to help boost the channels of its premium traders. SnapEx hopes this will lead to many people copying their Premium Trader’s strategies, earning those traders commission via profit-sharing from the trades of their followers. Selected traders will also reportedly receive extra trading bonuses to help reduce capital drag on their activities. Similarly, deposit requirements on the copy trading account, the interest on capital borrowed from SnapEx, and more, will be reduced to incentivise their Premium Trader’s efforts. SnapEx Ecosystem   Premium Trades will also be able to tap into SnapEx’s established ecosystem of 300,000 traders. Whether that be by gaining access to mentorship from SnapEx’s most successful users, or by collaborating with other Premium Traders in on- and offline get-togethers. SnapEx is aiming to create a community of traders whose success (and failures) feed off one another.  SnapEx has also reportedly committed to providing an account manager so that Premium Traders have bespoke access to the platform and 1-on-1 access to SnapEx’s team. Premium Traders will additionally early-doors access to SnapEx’s knowledge of crypto projects they are involved in, and benefit from SnapEx’s excellent connections in the world of crypto. How to Apply For SnapEx’s Premium Trader Program   Applicants can apply for SnapEx’s Premium Trader program through this form. SnapEx will contact successful applicants by email. Anyone with a great trading strategy, a desire to be a trading influencer, a social media account, and a plan for how to grow their portfolio, should consider applying. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Bored Ape #3553 Just Sold For $126,247 In ETH

    The Bored Ape Yacht Club (BAYC) is an exclusive community for holders of the ape and mutant themed NFT collections on Ethereum's blockchain. Commonly referred to as the Bored Apes, only 10,000 generative art pieces will ever be in existence. What happened: Bored Ape #3553 just sold for 115.00 ETH (CRYPTO: ETH) ($126,247 USD). The value of Bored Apes is typically determined by the Ape's attributes, with the laser eyes, crown, and golden fur traits being the most coveted. Here are a list of its attributes and how many others have the same trait: Hat: Commie Hat (304) Earring: Silver Hoop (882) Background: Aquamarine (1,266) Fur: Cheetah (406) Clothes: Wool Turtleneck (240) Mouth: Bored Party Horn (88) Eyes: Robot (350) Why it Matters: Bored Apes are the ultimate store of culture for NFT collectors. The NFT collection has gained huge influence in 2021, with an ever growing list of top tier celebrities making apes their profile pictures on Twitter. With the recent explosion in popularity surrounding the Metaverse, rare blockchain-based avatars are all the rage for those looking to flex online. Being a member of the Bored Ape Yacht Club is not just about flexing online. Yuga Labs, the creators of the Bored Apes throw exclusive parties often with free private performances from members of the club such as Lil Baby. Other notable celebrities in the club include Post Malone, Stephen Curry, Dez Bryant, and Jimmy Kimmel. Yuga Labs also created another NFT collection known as the Mutant Apes, which also provides membership to the elusive club. There are a total of 20,000 Mutant Apes, and the price floor is historically lower than the Bored Apes. See Also: NFT Release Calendar and Best NFT Projects of 2021 Data provided by OpenSea. Checkout the full Bored Ape Yacht Club collection You can learn more about this NFT here. This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Bored Ape #358 Sold For 130 ETH

    The Bored Ape Yacht Club (BAYC) is an exclusive community for holders of the ape and mutant themed NFT collections on Ethereum's blockchain. Commonly referred to as the Bored Apes, only 10,000 generative art pieces will ever be in existence. What happened: Bored Ape #358 just sold for 130.00 ETH (CRYPTO: ETH) ($142,714 USD). The value of Bored Apes is typically determined by the Ape's attributes, with the laser eyes, crown, and golden fur traits being the most coveted. Here are a list of its attributes and how many others have the same trait: Background: New Punk Blue (1,232) Mouth: Bored Cigarette (710) Eyes: X Eyes (243) Fur: Noise (155) Earring: Silver Stud (823) Clothes: Wool Turtleneck (240) Why it Matters: Bored Apes are the ultimate store of culture for NFT collectors. The NFT collection has gained huge influence in 2021, with an ever growing list of top tier celebrities making apes their profile pictures on Twitter. With the recent explosion in popularity surrounding the Metaverse, rare blockchain-based avatars are all the rage for those looking to flex online. Being a member of the Bored Ape Yacht Club is not just about flexing online. Yuga Labs, the creators of the Bored Apes throw exclusive parties often with free private performances from members of the club such as Lil Baby. Other notable celebrities in the club include Post Malone, Stephen Curry, Dez Bryant, and Jimmy Kimmel. Yuga Labs also created another NFT collection known as the Mutant Apes, which also provides membership to the elusive club. There are a total of 20,000 Mutant Apes, and the price floor is historically lower than the Bored Apes. See Also: NFT Release Calendar and Best NFT Projects of 2021 Data provided by OpenSea. Checkout the full Bored Ape Yacht Club collection You can learn more about this NFT here. This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Bored Ape #6950 Sold For 166 ETH

    The Bored Ape Yacht Club (BAYC) is an exclusive community for holders of the ape and mutant themed NFT collections on Ethereum's blockchain. Commonly referred to as the Bored Apes, only 10,000 generative art pieces will ever be in existence. What happened: Bored Ape #6950 just sold for 166.00 ETH (CRYPTO: ETH) ($182,234 USD). The value of Bored Apes is typically determined by the Ape's attributes, with the laser eyes, crown, and golden fur traits being the most coveted. Here are a list of its attributes and how many others have the same trait: Eyes: Sleepy (750) Fur: Dark Brown (1,352) Background: Purple (1,290) Mouth: Bored Cigarette (710) Clothes: Navy Striped Tee (334) Hat: King'S Crown (77) Why it Matters: Bored Apes are the ultimate store of culture for NFT collectors. The NFT collection has gained huge influence in 2021, with an ever growing list of top tier celebrities making apes their profile pictures on Twitter. With the recent explosion in popularity surrounding the Metaverse, rare blockchain-based avatars are all the rage for those looking to flex online. Being a member of the Bored Ape Yacht Club is not just about flexing online. Yuga Labs, the creators of the Bored Apes throw exclusive parties often with free private performances from members of the club such as Lil Baby. Other notable celebrities in the club include Post Malone, Stephen Curry, Dez Bryant, and Jimmy Kimmel. Yuga Labs also created another NFT collection known as the Mutant Apes, which also provides membership to the elusive club. There are a total of 20,000 Mutant Apes, and the price floor is historically lower than the Bored Apes. See Also: NFT Release Calendar and Best NFT Projects of 2021 Data provided by OpenSea. Checkout the full Bored Ape Yacht Club collection You can learn more about this NFT here. This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.