• bitcoinBitcoin (BTC) $ 71,185.00
  • ethereumEthereum (ETH) $ 2,204.72
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 1.33
  • bnbBNB (BNB) $ 593.01
  • usd-coinUSDC (USDC) $ 1.00
  • solanaSolana (SOL) $ 82.17
  • tronTRON (TRX) $ 0.322608
  • staked-etherLido Staked Ether (STETH) $ 2,265.05
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.04
  • dogecoinDogecoin (DOGE) $ 0.091184
  • usdsUSDS (USDS) $ 0.999838
  • whitebitWhiteBIT Coin (WBT) $ 52.14
  • hyperliquidHyperliquid (HYPE) $ 41.01
  • leo-tokenLEO Token (LEO) $ 10.12
  • wrapped-stethWrapped stETH (WSTETH) $ 2,779.67
  • cardanoCardano (ADA) $ 0.238708
  • bitcoin-cashBitcoin Cash (BCH) $ 423.04
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 76,243.00
  • chainlinkChainlink (LINK) $ 8.77
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998762
  • moneroMonero (XMR) $ 340.25
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 2,466.93
  • zcashZcash (ZEC) $ 366.47
  • ethena-usdeEthena USDe (USDE) $ 0.999752
  • canton-networkCanton (CC) $ 0.145472
  • wrapped-eethWrapped eETH (WEETH) $ 2,465.31
  • stellarStellar (XLM) $ 0.151562
  • memecoreMemeCore (M) $ 2.85
  • susdssUSDS (SUSDS) $ 1.08
  • daiDai (DAI) $ 0.999226
  • usd1-wlfiUSD1 (USD1) $ 0.999134
  • litecoinLitecoin (LTC) $ 53.78
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 76,366.00
  • paypal-usdPayPal USD (PYUSD) $ 0.999908
  • avalanche-2Avalanche (AVAX) $ 9.10
  • rainRain (RAIN) $ 0.007996
  • wethWETH (WETH) $ 2,268.37
  • hedera-hashgraphHedera (HBAR) $ 0.086145
  • the-open-networkToncoin (TON) $ 1.47
  • suiSui (SUI) $ 0.908039
  • usdt0USDT0 (USDT0) $ 0.998824
  • shiba-inuShiba Inu (SHIB) $ 0.000006
  • crypto-com-chainCronos (CRO) $ 0.068114
  • hashnote-usycCircle USYC (USYC) $ 1.12
  • tether-goldTether Gold (XAUT) $ 4,686.69
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.079026
  • bittensorBittensor (TAO) $ 260.86
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.22
  • pax-goldPAX Gold (PAXG) $ 4,694.59
  • mantleMantle (MNT) $ 0.665769
  • global-dollarGlobal Dollar (USDG) $ 0.999972
  • polkadotPolkadot (DOT) $ 1.24
  • uniswapUniswap (UNI) $ 3.05
  • falcon-financeFalcon USD (USDF) $ 0.997844
  • nearNEAR Protocol (NEAR) $ 1.36
  • okbOKB (OKB) $ 83.06
  • skySky (SKY) $ 0.073987
  • pi-networkPi Network (PI) $ 0.167610
  • little-pepe-5Little Pepe (LILPEPE) $ 2.16
  • htx-daoHTX DAO (HTX) $ 0.000002
  • aster-2Aster (ASTER) $ 0.661724
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.15
  • usddUSDD (USDD) $ 1.00
  • pepePepe (PEPE) $ 0.000003
  • ripple-usdRipple USD (RLUSD) $ 0.999956
  • aaveAave (AAVE) $ 91.07
  • janus-henderson-anemoy-treasury-fundJanus Henderson Anemoy Treasury Fund (JTRSY) $ 1.10
  • internet-computerInternet Computer (ICP) $ 2.44
  • bitget-tokenBitget Token (BGB) $ 1.91
  • bfusdBFUSD (BFUSD) $ 0.999788
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.12
  • ethereum-classicEthereum Classic (ETC) $ 8.17
  • ravedaoRaveDAO (RAVE) $ 4.77
  • ondo-financeOndo (ONDO) $ 0.246152
  • gatechain-tokenGate (GT) $ 6.63
  • kucoin-sharesKuCoin (KCS) $ 8.30
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.00
  • quant-networkQuant (QNT) $ 75.81
  • pump-funPump.fun (PUMP) $ 0.001800
  • render-tokenRender (RENDER) $ 1.90
  • worldcoin-wldWorldcoin (WLD) $ 0.294595
  • algorandAlgorand (ALGO) $ 0.103688
  • jito-staked-solJito Staked SOL (JITOSOL) $ 124.46
  • morphoMorpho (MORPHO) $ 1.67
  • eutblSpiko EU T-Bills Money Market Fund (EUTBL) $ 1.22
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,404.69
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.082862
  • kaspaKaspa (KAS) $ 0.032159
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,262.26
  • cosmosCosmos Hub (ATOM) $ 1.74
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,631.35
  • nexoNEXO (NEXO) $ 0.868923
  • usdtbUSDtb (USDTB) $ 0.999293
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999945
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 11.05
  • ethenaEthena (ENA) $ 0.092073
  • wbnbWrapped BNB (WBNB) $ 759.61
  • blockchain-capitalBlockchain Capital (BCAP) $ 83.06
  • ignition-fbtcFunction FBTC (FBTC) $ 76,389.00
  • justJUST (JST) $ 0.078322
  • arbitrumArbitrum (ARB) $ 0.112224
  • filecoinFilecoin (FIL) $ 0.877719
  • ousgOUSG (OUSG) $ 114.87
  • flare-networksFlare (FLR) $ 0.007711
  • syrupusdtsyrupUSDT (SYRUPUSDT) $ 1.11
  • aptosAptos (APT) $ 0.824024
  • official-trumpOfficial Trump (TRUMP) $ 2.79
  • hash-2Provenance Blockchain (HASH) $ 0.011254
  • binance-staked-solBinance Staked SOL (BNSOL) $ 108.24
  • midnight-3Midnight (NIGHT) $ 0.038376
  • beldexBeldex (BDX) $ 0.080128
  • yldsYLDS (YLDS) $ 0.999907
  • xdce-crowd-saleXDC Network (XDC) $ 0.030135
  • vechainVeChain (VET) $ 0.006810
  • ghoGHO (GHO) $ 0.999684
  • new-x-ceo-is-backNEW X CEO IS BACK (XFLOKI) $ 0.506041
  • bridged-usdc-polygon-pos-bridgePolygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999720
  • siren-2Siren (SIREN) $ 0.795430
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 76,461.00
  • jupiter-exchange-solanaJupiter (JUP) $ 0.161003
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 76,491.00
  • usual-usdUsual USD (USD0) $ 1.00
  • stable-2​​Stable (STABLE) $ 0.025676
  • dashDash (DASH) $ 41.87
  • clbtcclBTC (CLBTC) $ 76,920.00
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.234570
  • bonkBonk (BONK) $ 0.000006
  • a7a5A7A5 (A7A5) $ 0.012620
  • true-usdTrueUSD (TUSD) $ 0.999573
  • layerzeroLayerZero (ZRO) $ 1.95
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.47
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,419.84
  • dexeDeXe (DEXE) $ 9.68
  • adi-tokenADI (ADI) $ 4.33
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 33.97
  • tbtctBTC (TBTC) $ 70,942.00
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.651853
  • euro-coinEURC (EURC) $ 1.17
  • wrappedm-by-m0WrappedM by M0 (WM) $ 1.00
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.006548
  • janus-henderson-anemoy-aaa-clo-fundJanus Henderson Anemoy AAA CLO Fund (JAAA) $ 1.03
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999419
  • blockstackStacks (STX) $ 0.214513
  • chilizChiliz (CHZ) $ 0.036849
  • c8ntinuumc8ntinuum (CTM) $ 0.087592
  • decredDecred (DCR) $ 21.75
  • tezosTezos (XTZ) $ 0.344994
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,455.82
  • monadMonad (MON) $ 0.033695
  • venice-tokenVenice Token (VVV) $ 8.00
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999983
  • sei-networkSei (SEI) $ 0.053957
  • resolv-wstusrResolv wstUSR (WSTUSR) $ 1.13
  • usxUSX (USX) $ 0.999549
  • cocaCOCA (COCA) $ 1.30
  • hastra-primePRIME (PRIME) $ 1.03
  • kinesis-goldKinesis Gold (KAU) $ 149.80
  • sun-tokenSun Token (SUN) $ 0.018358
  • doge-strategyDoge Strategy (DOGESTR) $ 0.288297
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,406.26
  • aerodrome-financeAerodrome Finance (AERO) $ 0.363856
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 76,200.00
  • apenftAINFT (NFT) $ 0.00000033
  • ether-fiEther.fi (ETHFI) $ 0.415022
  • bittorrentBitTorrent (BTT) $ 0.00000032
  • curve-dao-tokenCurve DAO (CRV) $ 0.211942
  • wrapped-flareWrapped Flare (WFLR) $ 0.009961
  • edgexedgeX (EDGE) $ 0.904268
  • gnosisGnosis (GNO) $ 117.89
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,266.86
  • bitcoin-svBitcoin SV (BSV) $ 15.44
  • steakhouse-usdc-morpho-vaultSteakhouse USDC Morpho Vault (STEAKUSDC) $ 1.12
  • plasmaPlasma (XPL) $ 0.126471
  • injective-protocolInjective (INJ) $ 2.92
  • usdaiUSDai (USDAI) $ 0.999855
  • spx6900SPX6900 (SPX) $ 0.305687
  • kinesis-silverKinesis Silver (KAG) $ 74.21
  • binance-peg-xrpBinance-Peg XRP (XRP) $ 1.59
  • kaiaKaia (KAIA) $ 0.046899
  • ether-fi-liquid-ethEther.Fi Liquid ETH (LIQUIDETH) $ 2,443.47
  • fraxLegacy Frax Dollar (FRAX) $ 0.993703
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,421.84
  • doublezeroDoubleZero (2Z) $ 0.078443
  • ape-and-pepeApe and Pepe (APEPE) $ 0.000001
  • noonNoon (NOON) $ 0.751949
  • sbtc-2sBTC (SBTC) $ 77,039.00
  • conflux-tokenConflux (CFX) $ 0.052276
  • lighterLighter (LIT) $ 1.08
  • flokiFLOKI (FLOKI) $ 0.000028
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 115.56
  • lido-daoLido DAO (LDO) $ 0.316528
  • savings-usddSavings USDD (SUSDD) $ 1.03
  • celestiaCelestia (TIA) $ 0.297239
  • official-foOfficial FO (FO) $ 0.266198
  • syrupMaple Finance (SYRUP) $ 0.228266
  • msolMarinade Staked SOL (MSOL) $ 133.18
  • jasmycoinJasmyCoin (JASMY) $ 0.005264
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,265.06

Critics attack Bored Ape expenditures, pushover members

0 206

Critics attack Bored Ape expenditures, pushover members

The Bored Ape Yacht Club (BAYC) was in the news again this weekend for all the wrong reasons. Critiques of their decadent expenditures, delayed metaverse, and gullible members earned hundreds of thousands of views.

First, a new critique of the innumerable thefts of Bored Ape holders went viral. Laughing at the thought of an obvious phishing website convincing a Bored Ape holder to enter their private key, the claptrap earned thousands of likes.

This critique hearkened to many successful thefts of Bored Apes by even moderately sophisticated black hat coders. For many years, gullible BAYC members have voluntarily clicked buttons in their wallets, visited malicious websites, fallen for Ponzi schemes, and believed inauthentic messages about airdrops or migrations.

It has become something of a running joke in the crypto community to poke fun at BAYC members for poor operational security (OpSec) and inexperienced crypto safekeeping.

Hundreds of millions in expenditures, still no Bored Ape club

Another critique of BAYC went viral this weekend. Estimating the cost of its yet-to-be-released metaverse and other marketing expenditures at nearly half a billion dollars, someone simply asked why the club had not simply built a physical club for a fraction of that cost.

That obvious question earned 300,000 impressions and hundreds of concurring comments.

“This is lowkey facts,” said one. “Will never see completion,” added another commenter. “I’ve been saying this for years, and I will keep saying it,” said another.

Once a community holding cartoon pictures on Ethereum’s blockchain worth 153 ETH apiece or more as of May 1, 2022, the floor price for these Non-Fungible Tokens (NFTs) is now less than 14.5 ETH.

Critics attack Bored Ape expenditures, pushover members

Expressed in dollars across that time period, the floor price of BAYC NFTs has declined 95% from $436,000 to $23,700.

Source

Leave A Reply

Your email address will not be published.