Daily NFT News

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Daily News - May 6, 2022
branavan.substack.com

Daily News - May 6, 2022

branavan.eth (🪄,🧠)
May 6
Share this post
Daily News - May 6, 2022
branavan.substack.com

TLDR:

LFG buys $1.5B of BTC! HOP launches an airdrop! Rehito Hatoyama joins Azuki.

Treasure:

TreasureDAO teases a refreshed user interface for Questing in BridgeWorld. (Source)

OpenSea Trading Volume:

OpenSea trading volume courtesy of rchen8

Contrary to yesterday’s bullish sentiment, Ethereum dumped 6.8% and closed the day at $2,747.54. OpenSea trading volume slides down to $131.63M (-25.72%).

News:

The Luna Foundation Guard purchased $1.5B USD of $BTC to add to the UST stablecoin reserves. The total stablecoin balance has climbed to 1.88B. (Source)

Rehito Hatoyama, the former CEO of Sanrio, joins aboard ChiruLabs as an advisor! Mr.Hatoyama has a reputable track record including serving as the current CEO of HumanMade and helping to build and scale HelloKitty. (Source)

5-digit ENS domains have officially minted out! (Source)

Nick Tomaino voices concerns regarding Coinbase’s approach to their NFT marketplace. (Source)

HOP protocol launches a calculator for their upcoming $HOP airdrop! The eligibility criteria include users who made a minimum of 2 bridged transactions and $1,000 of volume across the HOP bridge. (Source)

Notable Sales:

Bored Ape #17 is sold to BlockWater for 410 ETH ($1.12M)! Interestingly, moments after the sale the user claimed the OtherSide land and relisted BAYC #17 for 420 ETH. (Source)

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Daily News - May 6, 2022
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