Bored Ape Metaverse Frenzy Disrupts Ethereum Blockchain

The creator of the popular Bored Apes Yacht Club collection of NFTs launched a sale of virtual land, and the move crashed the Ethereum blockchain. The sale raised about $320 million worth of cryptocurrency as users scrambled to get one of the 55,000 pieces of land from the metaverse project. Eddie van der Walt reports on “Bloomberg Markets: European Open.”

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