Daily News - May 28, 2022
TLDR:
Nansen clears up the malicious attacker narrative surrounding UST. Ropsten hits TTD prematurely.
Treasure:
TreasureDAO will be hosting a Twitter Spaces with DeFrag Finance to discuss NFT-collateralized loans. This is a part of the broader effort by TreasureDAO to provide education and insights surrounding protocols and building within Web3. (Source)
$MAGIC touches a recent low of $0.37 - down 94.1% from its all-time high of $6.32. (Source)
OpenSea Trading Volume:
Ethereum continues its downward plunge hitting a weekly low of $1,738.08 (-3.6%). OpenSea trading volume further slides to $28.61M in daily trading volume - down 31.78% from yesterday's volume.
News:
Nansen, the on-chain data analysis firm, publishes their investigation into the UST de-pegging event. The evidence discredits the popular narrative of a single malicious attacker, rather the evidence points to multiple parties derisking simultaneously causing the peg to break. (Source)
gmoney.eth launches the second allow list for the Admit One NFT sale! For those not on the allow list, gmoney has created a private marketplace without any fees for the Admit One NFT - currently trading around 9 ETH. (Source)
Due to a 20x increase in hash rate, the Ropsten test network hit its terminal total difficulty ahead of schedule. Tim Beiko, a prominent figure of the AllCoreDevs community, provides an update on the Ropsten Network and the implications it may have on the upcoming Ethereum Merge. (Source)
Chris Dixon, a vocal proponent of Web3, purchases Pooly Judge for 75 ETH! Proceeds from the sale will be used to support PoolTogether's legal battle against Joseph Kent. (Source)
0xZorz publishes a tutorial on deploying NFT projects to StarkNet - an Ethereum scaling solution built upon zero-knowledge proofs. (Source)
Notable Sales:
BAYC #5034 is sold for 199.0 WETH to nftpres-vault! The buyer currently owns 13 OtherSide Deeds, 18 Doodles, 4 BAYC, and 5 BAKC. (Source)
If you’re interested in learning more or joining a community of NFT traders, head on over to OriginsNFT
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