Daily News - May 20, 2022
TLDR:
Dark history behind MiLady unveiled. LUNA Classic may be a reality. First court case for BAYC.
Treasure:
Om River provides his Questing v2.0 guide for optimal outcomes in BridgeWorld. (Source)
OpenSea Trading Volume:
Ethereum rallies 5.4% and closes the day at $2,024.42! OpenSea trading volume closes the day with $42.6M in trading volume - up 10.36% from yesterday!
News:
In light of the recent hype surrounding MiLady’s, Path.eth shares an article that explores the questionable history of Remilia - the online collective responsible for the project. Many have claimed that Charlotte Fang, the creator of MiLady, is associated with another digital identity responsible for posting anti-gay, anti-trans, and white nationalist tweets. (Source)
Terra Governance Proposal #1623 has officially passed the threshold to be approved with 78.82% (131.8M votes) in favour of creating a new Terra blockchain and renaming the old one Terra Classic. (Source)
The free claim of OtherSide land for MAYC and BAYC will end on Sunday, May 22 at 11:59 PM ET. (Source)
Delphi Digital, a cryptocurrency research firm, publishes a statement on UST! In their statement, the team reveals they lost roughly 13% of their venture arm’s net asset value (NAV) following the collapse of UST. (Source)
The Singapore High Court issues an injunction to block the sale and transfer of BAYC 2161! In particular, the previous owner of BAYC 2162 collateralized his ape in order to take out a financial loan on NFTfi. After asking for a repayment extension, the lender foreclosed the loan and repossessed BAYC 2162. Despite several attempts to pay back the loan, the lender returned the money and listed the NFT for sale on OpenSea. (Source)
Notable Sales:
MoonPay purchases Bored Ape Yacht Club #9549 for 169.69 ETH ($340,304.81). The seller made 161.9 ETH ($309,334) in profit after purchasing the NFT 10 months ago for 7.79 ETH. (Source)
If you’re interested in learning more or joining a community of NFT traders, head on over to OriginsNFT
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