A major liquidation in the NFT market is potential on the horizon. The web3 lending protocol BendDAO is attracting hordes of NFT holders to keep their non-fungible assets as collateral and take ETH loans. Fears of liquidation escalated when a BAYC whale (Bored Ape Yacht Club) borrowed over 10,000 ETH from the platform. Currently, there … NFT collaterals soar on BendDAO: Is the NFT market about to collapse? Read More »
