Daily News - July 30, 2022
TLDR:
Babel Finance lost $280M of customer funds! Miami partners with TIME for their upcoming NFT collection! NFT Worlds releases their updated tokenomics! Revoke.cash releases a browser extension!
OpenSea Trading Volume:
Ethereum closes the day flat at $1,725.09 USD! OpenSea closes the day with $17.13M USD in daily volume - up from yesterdayâs close of $16.78M USD.
News:
Babel Finance lost $280M of customer funds! Specifically, the firm used customer funds to actively trade and got liquidated (8,000 BTC and 56,000 ETH) due to unhedged positions. (Source)
The City of Miami partners with TIME magazine, Mastercard, and Salesforce to release a 5,000 NFT collection! The NFT will offer holders âexclusive benefits like special event access at restaurants and private cultural tours in the city.â (Source)
NFT Worlds release their updated tokenomics for $WRLD! Some highlights include the supporting fiat - $WRLD onramp via Moonpay, P2E rewards to onboard new players, and $WRLD staking. (Source)
Immutable X is offering a free NFT on August 3 at 9 PM PST for all $APE holders! (Source)
Andy from Fractional NFT launched Royale - an on-chain battle royale game! (Source)
OpenSea introduces the ability to gift NFTs! More specifically, users can purchase and transfer the NFT to another wallet within the same transaction. (Source)
TreeVerse will be releasing a trailer of in-game combat tomorrow! (Source)
If youâre looking to better protect yourself in crypto, Revoke.cash introduces a browser extension thatâll inform you if youâre about to sign an allowance transaction. (Source)
Notable Sales:
664.eth is purchased by MarioNawfal for 22.99 ETH ($39,676.83 USD)! The buyer boasts a collection of 67 ENS domains including several 3-letter domains. (Source)
BAYC #485 is purchased by StapeskiCreative for 102 ETH ($175,672.56 USD)! The seller originally minted 10 BAYC on April 30, 2021, for a grand total of 0.8 ETH - roughly $2,220.77 USD. (Source)
If youâre interested in learning more or joining a community of NFT traders, head on over to OriginsNFT