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Lex | NFTs: regulators go ape amid market downturn
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moneycontrol.comThe market for non fungible tokens (NFTs) is in flux. Trading volumes have collapsed since the start of the year as the crypto winter rolls on.
In the past 30 days alone, the average price of a Bored Ape Yacht Club NFT — think monkey avatars with sailor hats and gold teeth — has dropped by a fifth according to blockchain tracker DappRadar. The price of ApeCoin, the cryptocurrency linked to Bored Apes, has fallen 80 per cent since...
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