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November 11th

news.mexicanft.com.mx

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November 11th

Nov 11, 2022
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November 11th

news.mexicanft.com.mx
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Good Morning,

For today’s MexicaNFTimes, we’ve got some great articles and news:

  • FTX scrambles for rescue funds

  • How UMG Is Building Out Its Bored Ape Metaverse Band, Kingship

  • FTX Blowup Puts Trove of Prized Bored Apes at Risk of Liquidation

The MexicaNFTimes
FTX scrambles for rescue funds
FTX is scrambling to raise about $9.4bn from investors and rivals, Reuters has reported citing an unnamed source, as its CEO urgently seeks to save the cryptocurrency exchange after a rescue deal by larger rival Binance collapsed. Over the past few hours, chief executive Sam Bankman-Fried has discussed raising $1bn each from Justin Sun, the founder of cr…
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a year ago · Sofía Ponzanelli
The MexicaNFTimes
How UMG Is Building Out Its Bored Ape Metaverse Band, Kingship
When Universal Music Group’s 10:22PM label revealed its virtual band Kingship last November, the premise felt truly novel: a group made up of Bored Ape Yacht Club and Mutant Ape NFT characters, born from decentralized IP and built for the metaverse. A Gorillaz for the Web3 era…
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a year ago · Sofía Ponzanelli
The MexicaNFTimes
FTX Blowup Puts Trove of Prized Bored Apes at Risk of Liquidation
As Sam Bankman-Fried's crypto empire teeters on the brink of an solvency crisis, one potential source of money is a trove of prized non-fungible tokens (NFT) worth millions of dollars owned by Alameda Research. The 92-NFT collection features 31 rare ones from the Bored Ape Yacht Club collection and 26 Otherdeed for Otherside tokens, both created by NFT p…
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a year ago · Sofía Ponzanelli

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November 11th

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