Daily News - June 16, 2022
TLDR:
Bill Gates mocks NFTs. MetaMask vulnerability uncovered. Polygon onboards more games.
OpenSea Trading Volume:
The crypto markets experienced a relief rally following the Federal Reserve’s announcement of 75 bps interest rate hike. Ethereum surged 5.0% closing the day at $1,247.00. On the other hand, OpenSea trading volume continued to bleed out closing the day with 20.36M USD in trading volume.
News:
Bill Gates, the founder of Microsoft, has long been a vocal detractor of cryptocurrencies and NFTs. In his latest interview with TechCrunch, Mr.Gates described NFTs as something that’s “100% based on greater fool theory.” (Source)
Security researchers at Halborn have uncovered a Metamask vulnerability, in which, a user’s private recovery phrase could be extracted under specific circumstances. This vulnerability has been patched with the release of 10.11.3! (Source)
For those impacted by the latest round of hiring freezes or layoffs, Origins is in search of talent! (Source)
Nansen launches a messaging application for Web3 users! (Source)
Tag Heuer, a Swiss luxury watchmaker, enables users to display their NFTs as the watch face for specific models. (Source)
Wild Card, MetalCore, and Derby Stars are the latest games to be onboarded to the Polygon blockchain! This is a part of a larger effort by Polygon Studios to make Polygon the hub for blockchain-based gaming. (Source)
Notable Sales:
BAYC #2643 is sold for 120.0 WETH ($147,561.60 USD) to 88E55. Interestingly, the buyer holds 10 RR/BAYC - a project which has caused significant conflict and tension with the BAYC community. (Source)
If you’re interested in learning more or joining a community of NFT traders, head on over to OriginsNFT