The blockchain is in crisis.

The collapse of the FTX cryptocurrency exchange is putting downward pressure on the Bitcoins of the world.

That follows the collapse in the NFT market.

Justin Bieber is feeling that.  

A Bored Ape NFT the Biebs bought in January for $1.31 million is now worth less than 75K.

Justin Bieber purchased this Bored Ape NFT in January for $1.31 million.
Today, it’s worth $74,382. pic.twitter.com/Def2zomw4r

— SAY CHEESE! 👄🧀 (@SaycheeseDGTL) November 17, 2022

Rick Ross tried to warn him.