BendDAO Protocol Drained, $55M Worth of NFTs at Risk of Liquidation

Dirt cheap Bored Apes: Could this be a doomsday machine for the whole NFT market?

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BendDAO Hit by Insolvency Crisis as Ethereum Reserves Drained

BendDAOs reserves briefly fell to 0.75 ETH early Monday. BendDAO Cant Repay Lenders As many NFT community members feared last week, BendDAO is experiencing a bank run. The so-called NFTfi...

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BendDAO running out of funds amid fears of souring debt

NFT platform BendDAO experienced a bank run between August 19 and August 21 as over 15,000 Ethereum (ETH) were withdrawn from its contract within 48 hours.

The post BendDAO running out of funds amid fears of souring debt appeared first on CryptoSlate.

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GameStop NFT daily fee revenue plunges under $4K as gloom infects markets

GameStop NFT has generated roughly $166,800 worth of sales volume over the past 24 hours, with the platform charging only a 2.25% fee on NFT sales, the figure equates to just $3,753 worth of revenue.

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