Daily News - August 9, 2022
TLDR:
US Treasury sanctions Tornado Cash!
Circle freezes 75,000 USDC associated with Tornado Cash!
Vitalik proposed a privacy feature for NFTs!
SudoSwap flips LooksRare for daily trading volume!
OpenSea Trading Volume:
Ethereum: $1,772.95 (+3.2%)
OpenSea Daily Trading Volume: $15.82M USD (-13.5%)
Top NFT Collection: CryptoDickButts ($1.27M USD daily trading volume)
News:
US Treasury sanctions Tornado Cash and multiple addresses associated with the protocol! The protocol currently has $7.62B USD worth of deposits across 12,200 users. (Source)
In response to the Tornado Cash sanction, Github censored the Tornado Cash repository and suspended the accounts of users that contributed to the codebase. (Source)
Circle frozen 75,000 USDC belonging to 81 different addresses related to the Tornado Cash sanction. This means that the specified addresses are unable to send or receive any USDC. (Source)
Vitalik Buterin proposed an ERC-721 extension that would enable users to secretly send and receive NFTs! (Source)
There are rumours circulating regarding a potential Binance listing of $MAGIC - the native token of the TreasureDAO ecosystem. The token has climbed 179.4% in the past 30 days. (Source)
SudoSwap, the on-chain marketplace implementing Uniswap-style liquidity pools for NFTs, surpassed LooksRare in daily trading volume! It’s important to note that LooksRare’s volume has been filtered for wash trading - defined as trades with 0% royalties. (Source)
Notable Sales:
ENS domains continue to run hot with 0.066ETH being purchased for 50.0 ETH ($89,847 USD)! The seller previously purchased the ENS domain for 25 WETH ($44,547 USD) on July 8, 2022. (Source)
Virtual land is making a return! Surreal Aetherain Neighbors, a premium plot of land in Decentraland, is purchased for 189,000 $MANA ($207,900 USD)! (Source)
If you’re interested in learning more or joining a community of NFT traders, head on over to OriginsNFT