A16z Investment May Value BAYC Creator At $5 Billion – February 4

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $40,443

Bitcoin price rocketed back above the $40,000 in a monster rally to begin Friday, squeezing out more than $50 million in short positions.

Top-20 altcoins have also jumped, as Ethereum gains 13%, BNB rises 7% and Solana jumps 12%.

Top Stories for February 4, 2022 πŸ”₯

πŸ‘‰ A16z Investment May Value BAYC Creator At $5 Billion

Crypto investment firm Andreessen Horowitz, also known as A16z, is looking at investing in Bored Ape Yacht Club (BAYC) creator, Yuga Labs.

The investment would be Yuga Labs’ very first institutional investment and reportedly value the company as high as $5 billion. BAYC is the second-most traded collection of all time on NFT marketplace OpenSea.

πŸ‘‰ Binance’s CZ Warns Of New Text Message Phishing Scam

Binance CEO Changpeng Zhao has warned the cryptocurrency community about a new text message-based scam, which targets Binance users.

The text messages pretend to be from the exchange itself, tricking users into thinking a large withdrawal has been made from their account – luring them to a fake version of Binance to cancel the “withdrawal”.

πŸ‘‰ NFL To Provide Superbowl Attendees With Commemorative NFTs

The NFL is providing Super Bowl LVI attendees with commemorative NFTs along with their tickets, thanks to a partnership between the league and Ticketmaster.

Each NFT will contain information about the fan’s section, row and seat and is designed to be a digital equivalent of collecting ticket stubs.