Total BAYC robberies reach $18.5 million, 'Ape Now, Pay Later' loans are available for NFTs

Over $18.5 million worth of Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) nonfungible tokens (NFTs) have been marked as stolen or flagged for suspicious activity on OpenSea so far, according to a Dune analytics platform user.

According to data from Dune, a user known as Beetle discovered that 130 BAYC and 268 MAYC NFTs were flagged for suspicious behaviour, in addition to 153 Azuki’s, 202 CloneX, and 70 Moonbirds.

The total market worth of stolen NFTs from these notable collections amounts to just over $25 million.

“Ape Now, Pay Later”

Teller Finance, a decentralised finance (DeFi) lending platform, has launched a new feature that allows users to use the “buy now, pay later” (BNPL) option to purchase NFTs.

The Polygon Network’s latest innovation, dubbed “Ape Now, Pay Later,” is similar to other BNPL services such as AfterPay in that it allows users to buy NFTs immediately and pay off the full cost over time.

Teller Finance’s BNPL feature, which was first announced in July 2018, applies to a variety of NFT collectives, including Bored Ape Yacht Club, Mutant Ape Yacht Club, Moonbirds, Doodles, Cool Cats, Azuki, and Meebits.

Australia launches first NFT-ticketed music festival

The first major Australian music festival to use NFT technology as part of its ticketing system is the all-ages touring music event “The Grass is Greener.”

A collection of 1,111 unique NFTs will provide access to the event like a conventional ticket but also include additional perks for more Web3-savvy attendees, such as lifetime passes, VIP experiences, backstage passes, and other goodies.

NFTs have recently been utilised in the festival ticketing industry worldwide. Major American music gathering Coachella this past spring integrated NFT technology into their “Coachella Keys” collection, allowing devoted fans to create NFTs that offered a variety of ultra-exclusive benefits, including VIP experiences and lifetime passes.

That’s not an NFT — This is an NFT.

According to a new study from CashNetUSA, Australians are big fans of NFTs, placing eighth in the world in terms of monthly Google and Twitter search interest.

Australians were quick to express favourable sentiments toward NFT technology in terms of sentiment. For each 1,000 tweets, 539 displayed “love” for NFTs, compared with 79 that expressed “hate.” The overall Aussie favorite NFT project was Axie Infinity, the Vietnamese play-to-earn phenomenon.

Singapore and Hong Kong topped the list, with more NFT searches than any other country. With 18,717 monthly queries, Singapore was first. China had the second highest number of monthly searches for NFTs (15,213) but ranked third in terms of total monthly searches for cryptocurrency tokens and cryptocurrencies combined (141). People from Eastern European nations were also the most enthusiastic about NFTs, according to the survey. People from Montenegro were most probable to tweet pro-NFT messages, whereas people in Poland were far more likely to post anti-NFT tweets on Twitter.

According to another study published in March by NFT Club, Aussies rank second in the world for interest in NFTs, behind Taiwan.

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