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BendDAO – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Mon, 29 Aug 2022 10:49:42 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png BendDAO – DIGIT INFO https://www.digit.info 32 32 Looks bare: OpenSea turns into NFT ghost-town after volume plunges 99% in 90 days https://www.digit.info/looks-bare-opensea-turns-into-nft-ghost-town-after-volume-plunges-99-in-90-days/ Mon, 29 Aug 2022 10:49:42 +0000 https://www.digit.info/2022/08/29/looks-bare-opensea-turns-into-nft-ghost-town-after-volume-plunges-99-in-90-days/

An ongoing debt crisis at lending platform BendDAO is also increasing the risks of the NFT bubble going bust.

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BendDAO contract drained overnight with 15 ETH left to pay lenders https://www.digit.info/benddao-contract-drained-overnight-with-15-eth-left-to-pay-lenders/ Mon, 22 Aug 2022 09:09:52 +0000 https://www.digit.info/2022/08/22/benddao-contract-drained-overnight-with-15-eth-left-to-pay-lenders/

Many nonfungible tokens (NFTs) that were used as collateral in the platform have defaulted without any bids.

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GameStop NFT daily fee revenue plunges under $4K as gloom infects markets https://www.digit.info/gamestop-nft-daily-fee-revenue-plunges-under-4k-as-gloom-infects-markets/ Mon, 22 Aug 2022 06:09:09 +0000 https://www.digit.info/2022/08/22/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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