Daily News - August 10, 2022
TLDR:
Curve Finance exploited for $570,000!
Pinate raises $18M
Reddit launches community tokens on Arbitrum
NounsDAO celebrates 1 year
Arbitrum Nova launches (reduced gas for on-chain gaming)
OpenSea Trading Volume:
Ethereum: $1,676.48 (-5.4%)
OpenSea Daily Trading Volume: $20.06 USD (+18.0%)
Top NFT Collection: RareApepes ($3.26M USD daily trading volume)
News:
Curve Finance suffers from a nameserver hijack that redirects users to a malicious contract! The exploit resulted in 327 ETH ($553,706 USD) being stolen. (Source)
Pinata, an NFT infrastructure-as-a-service platform, raised $18M USD in its latest funding round! (Source)
Claire Silver, a prominent female AI artist, is hosting her very first solo exhibition in Los Angeles! (Source)
Cantino.eth provides a framework for the future of subscription NFTs! Some of the possibilities unlocked include loyalty perks, performance-based subscriptions, and evolving passes. (Source)
Commoners, a project by Commonpoly, will be launching on August 28 on Ethereum for 0.042 ETH. (Source)
Community Points, an ERC-20 token built on the @arbitrum Nova blockchain, can also be used to buy community tokens or special membership perks. Communities can use them to reward creators, for gifting, and incentivize good behaviour.
FTX partners with Reddit to roll out tokenized Community Points on Arbitrum! (Source)
Nova is a new chain built on the Arbitrum AnyTrust technology and optimized for social and gaming applications that require ultra-low fees and high security
Arbitrum Nova is live! Users have been able to send ETH transfers for as low as $0.0036 and deploy contracts for $0.65! (Source)
Billelis provides a preview of “The Graveyard”! The collection will debut on Nifty Gateway and utilize a burning mechanism. (Source)
Chimpers, a collection by TimpersHD, releases a retro-mini game! (Source)
The Webaverse public auction has begun on Metadrop! The auction will randomly end on August 10 between 11:00 AM - 1:00 PM EDT! (Source)
Nouns DAO is celebrating their 1 year anniversary - aptly titled “Nouniversary”! Some notable feats include being featured in a SuperBowl commercial, donating sunglasses and skateboards, sponsoring an esports team, and many more! (Source)
Notable Sales:
044.eth is sold for 44 ETH ($74,111.84 USD) to a newly funded wallet! The seller previously purchased the domain for 25 ETH on July 8, 2022. (Source)
If you’re interested in learning more or joining a community of NFT traders, head on over to OriginsNFT