The Daily Populous

Saturday August 19th, 2023 morning edition

image for Buyers of Bored Ape NFTs sue after digital apes turn out to be bad investment

A Sotheby's auction duped investors by giving the Bored Ape NFTs "an air of legitimacy... to generate investors' interest and hype around the Bored Ape brand," the class-action lawsuit claims.

Lawsuit plaintiffs say that harmed investors bought the NFTs "with a reasonable expectation of profit from owning them.".

Sotheby's sold a lot of 101 Bored Ape NFTs for $24.4 million at its "Ape In!"

That's an average price of over $241,000, but Bored Ape NFTs now sell for a floor price of about $50,000 worth of ether cryptocrurrency, according to CoinGecko data accessed today.

Yuga describes its collection of 10,000 Bored Ape NFTs as "unique digital collectibles living on the Ethereum blockchain" that double as a "Yacht Club membership card."

Your Bored Ape can serve as your digital identity, and open digital doors for you.".

After the auction, the price of Bored Ape digital assets hit a new high and kept rising for months. »

Spam donates 5 truckloads of beloved canned meat in response to Maui fire

Authored by edition.cnn.com

“Three truckloads of Spam products are on their way to the impacted areas with two more trucks following,” Hormel Foods, the company that owns Spam, said.

Hormel Foods said it has also developed a “Spam Brand loves Maui” t-shirt, and 100% of the proceeds will be donated to Aloha United Way’s Maui Fire Relief Fund.

Spam was first introduced to Asia-Pacific during World War II, a welcome substitute to meat that was increasingly becoming unaffordable or simply unavailable in the conflict-wracked region. »

Sen. Tommy Tuberville doubles down after blocking hundreds of military promotions: 'I don't care if they promote anybody'

Authored by businessinsider.com

In response, GOP Sen. Tommy Tuberville has blocked more than 300 service members from getting promoted.

In a recent podcast, he doubled down and said "I don't care if they promote anybody to be honest with you.".

As Tuberville downplays the situation, Pentagon officials have said that the hundreds of military vacancies has created "unnecessary and unprecedented" risks for the country. »

Plant-based filter removes up to 99.9% of microplastics from water

Authored by newatlas.com

Researchers may have found an effective, green way to remove microplastics from our water using readily available plant materials.

The health problems posed by nano- or microplastics and developing efficient ways to extract them from water have been the focus of recent research.

Testing its ability to capture microplastics, the researchers pumped microplastic-rich water through a column containing bioCap. »

Camp David Summit The U.S., Japan and South Korea Form Security Pact

Authored by nytimes.com
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As President Biden met with the leaders of Japan and South Korea at Camp David on Friday, no country loomed more prominently in the background than China.

China is the largest trading partner for both Japan and South Korea and is America’s third largest trading partner.

The tightening alliance between Japan, South Korea and the United States already has triggered a harsh response from officials in Beijing. »