Daily News - July 7, 2022
TLDR:
A fake job application was responsible for Axie Infinity’s 540M USD exploit. Yuga Labs completes their first test load for OtherSide. Voyager files for bankruptcy.
OpenSea Trading Volume:
Ethereum climbs 4.4% to close the day at $1,169.98. Unfortunately, this translated to a reduction in OpenSea trading volume - closing the day with only $11.1M USD in trading volume.
News:
An investigation into the Axie Infinity Ronin bridge hack revealed that the $540M USD exploit occurred due to an engineer opening a fake job application. (Source)
Voyager, a centralized crypto lending platform, files for Chapter 11 bankruptcy. (Source)
Garga.eth clears up rumours surrounding a potential airdrop/reward for participants of the OtherSide load test. (Source)
Ledger officially integrates FTX into the “Swap” section of the Ledger applications. (Source)
Yuga Labs successfully complete their first load test for their upcoming OtherSide metaverse platform! (Source)
An NFT was minted today with a function that allowed anyone and everyone to drain all the ETH from the contract. Bert C Miller from Flashbots explores the battle that took place between different bots as they raced to be the first to drain the ETH. (Source)
Glover.eth deep dives into the history of gmoney.eth and his accession within the NFT sphere. (Source)
Admit One experienced the largest increase in floor price over the past 24 hours! The access pass by gmoney.eth has settled at a floor price of 22.69 ETH ($$25,769.03 USD). (Source)
Notable Sales:
Wallet 0x..5cf1 sweeps 16 Otherdeed for Otherside for 30.45 ETH ($35,351.47 USD)! Otherwise, the wallet holds a sizable position of 2,853.598 ETH ($3.33M USD). (Source)
If you’re interested in learning more or joining a community of NFT traders, head on over to OriginsNFT