Celebs lose big on BAYC, Meghan and Harry building a metaverse, and more.

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Celebrities facing huge losses from BAYC NFTs

The hype behind the Bored Ape Yacht Club (BAYC) over the last year resulted in many celebrities investing in the Ethereum-based nonfungible token (NFT) collection with many, such as singer Justin Bieber, paying top dollar.

Bieber paid 500 Ether (ETH) for BAYC #3001 on Jan. 29, which at the time was valued at around $1.28 million, while the current top offer on the NFT cracks just over $69,500.

According to data from NFT Price Floor, the floor price…

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