CBS News: NFT prices slump as FTX’s collapse shadows digital collectibles

CBS News: NFT prices slump as FTX’s collapse shadows digital collectibles. “The crypto world suffered a major blow last week when FTX Trading declared bankruptcy amid a $8 billion shortfall. The fallout is now affecting the digital collectibles realm, said NFT expert Connor Borrego. The price of ‘The Currency,’ a collection of NFTs by celebrated artist Damien Hirst, fell 12.6% to $4,666.60 on Friday while Moonbird NFTs fell 4.7% to $8,397.50 and Bored Ape Kennel Club fell 8.3% to $4,672.60, according to NFT Price Floor.”

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