NFT Market Update - 27th April, 2022

NFT aggregator Gem.xyz acquired by Opensea shortly after ousting co-founder for sexual misconduct.

Moonbirds PROOF raised $10 million in funding and Ryan Carson, former COO, has left to focus on his NFT fund.

Yuga Labs announced only those KYC’d can participate in ‘The Other Side’ sale on 4/30.

$2.8 million worth of NFTs were stolen in Bored Ape social hacks.

Circle raises $400 million as BlackRock explores USDC. BlackRock and Fidelity headlined the stablecoin issuer’s latest funding round, which follows a $440 million raise last May