Daily News - July 8, 2022
TLDR:
Reddit launches an NFT marketplace on Polygon. STEPN gives free mints to BAYC holders. KeyFi launches a lawsuit against Celsius.
OpenSea Trading Volume:
Up Only! Ethereum surges 4.4% closing the day at $1,238.60 USD! In a similar manner, OpenSea trading volume surged to $19.2M USD - up from yesterday's close of $15.21M USD.
News:
Jerkins the Valet partners with IC4Design Studio to create a masterpiece composed of 930+ hand-drawn Bored Apes! If you’re able to locate Jenkin’s BAYC within the image, you can enter into a raffle to win 1 Writer’s Room NFT. (Source)
Reddit enlists Polygon Studios to launch an NFT avatar marketplace. (Source)
STEPN will be launching their latest APE realm on Ethereum! In a bid to jump-start the initiative, STEPN has granted all BAYC holders a free mint of 1 STEPN OG APE Shoebox. (Source)
For the gigabrains out there, CoolCats released another puzzle for the community to solve. (Source)
Jason Stone, the founder of KeyFi, launches a lawsuit against Celsius due to its failure to make payments. The $CEL token dropped 16.8%. (Source)
A recent survey by CashNetUSA revealed Singapore as the country with the highest interest in NFTs - measured by the number of Google searches. (Source)
Binance and FTX take their dispute public - as they exchange some blows on Twitter. (Source)
AAVE launches their $GHO - an overcollateralized decentralized stablecoin. (Source)
Notable Sales:
BAYC #7392 is sold for 240 WETH ($296,985.60 USD) to an anonymous user! The seller previously purchased the BAYC for 116 ETH translating to a profit of 124 ETH but a loss of $113,240 USD. (Source)
If you’re interested in learning more or joining a community of NFT traders, head on over to OriginsNFT