NFT Market Update 8 May 2023

Pudgy Penguins announced a partnership with WME as their official talent agency to expand reach in film, TV, and gaming industries.

Binance temporarily suspends BTC withdrawals amid high volume and unanticipated surge in network gas fees; team working to accelerate confirmation of pending transactions.

Blur announced that a fourth collection will be added to Blend, their lending platform.

14 BAYC were sold below floor in a 48 hour span, with sellers investing the $1,276,800 proceeds into $PEPE.