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🖥 #news

Doodles NFT Trading Volume Rises 500% Following McDonalds Announcement

McDonald's partnership with Doodles NFT collection triggered a 500% increase in trading volume and a 33% rise in floor price, with the full collaboration set to be unveiled on November 18, 2024.

@theguysnft,
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🖥 #news

North Korean Hackers Used Fake NFT Game to Steal Wallet Credentials

✔️ The NFT game had embedded malware that exploited a Chrome flaw to steal wallet credentials on a large scale.

📌 Reports have emerged that bad actors allegedly tied to North Korea’s Lazarus Group executed a complex cyberattack that used a fake NFT-based game to exploit a zero-day vulnerability in Google Chrome.
📌 According to the report, the vulnerability ultimately allowed the attackers to access people’s crypto wallets.

@theguysnft,
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🖥 #news

NFT holders sue art gallery, alleging it broke metaverse promise

✔️ A group of NFT holders sued the Eden Gallery, alleging that i
t had failed to follow through on its promise of a metaverse-based private club for holders.

📌 The collection, called Meta Eagle Club, collected about $13 m
illion for 12,000 NFTs. 
📌 The group alleges that no substantial efforts were made to build the Meta Eagle Club, even though the team’s updates claimed to be working on it.
📌 The lawsuit also alleges that the people building the project had no experience with blockchain development. 

@theguysnft,
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🖥 #news

Ethereum Dominates as NFT Sales Reach $85.9M in One Week

✔️ NFT Market Sees Significant Growth
Sales volume on the non-fungible token market increased by 10.10% last week.


📌 NFT sales reached $85.97 million, according to CryptoSlam data, a significant rise over the final September’s two weeks.
📌 Accompanying the increase in sales was a 21.73% rise in the number of NFT buyers.
📌 A change in the market’s dynamics is indicated by recent statistics, which show 794,763 buyers and 377,711 sellers.

@theguysnft,
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we lead.


🖥 #news

Telegram launches new ‘Gifts’ feature with NFT integration

📌 Telegram has launched a “Gifts” feature where users can buy presents for their friends.
📌 The gifts look like animated images to which you can add a message and will be displayed on a separate tab in the user’s profile.

🤔 How can you make money on ‘Gifts’?

✔️ Recipients can opt to sell thei
r gifts in exchange for virtual money known as “Telegram Stars.” Earlier this year, the social messaging platform launched the in-app currency, Stars.
✔️ The feature allows Mini Apps on the platform to accept payments for digital services. It also highlighted that Stars can be used to support creators. 

@theguysnft,
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we lead.


🖥 #news

CryptoPunk NFT Sold for $56 Million

✔️ On October 3, an unknown user purchased CryptoPunk 1563 for a record-breaking 24,000 ETH (about $56 million) for an NFT collection.

📌 The last time this NFT was purchased was in September 2024 for about $69,000 ETH.
📌 There are already rumors online that this “trick” was done to launder money.

@theguysnft,
You need,
we lead.


🖥 #news

NodeMonkes, Bitcoin Puppets lead as NFT sales rebound

✔️ The volume of non-fungible tokens in the Bitcoin network bounced back last week as the industry stabilized.

Bitcoin NFT sales rose
📌 According to CryptoSlam, sales of Bitcoin (BTC) NFTs jumped by 56% in the last seven days to over $20 million.
📌 The number of buyers in the network rose by 48% to 29,403.
📌 NodeMonkes, a relatively new collection, was the best-performing NFT in the ecosystem with over $3.4 million in sales and 302 transactions. Only Immutable X’s Guild of Guardian Heroes collection had more sales during the week.

@theguysnft,
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🔥 #onfire

Justin Sun Launches Tron-Based NFT Pump Platform

Justin Sun’s SunPump introduced a launchpad for digital collectibles in collaboration with non-fungible token marketplace APENFT.

📌 The new platform expands the range of offerings for the viral token launchpad and follows up on commitments the Tron executive made recently.

@theguysnft,
You need,
we lead.


🔥 #onfire

Puma partners with Web3 mobile game, Infinex NFTs top $40M sales: Nifty Newsletter

📌 Footwear distributor Puma partnered with a Web3 game, integrating characters based on the brand into a sports mobile game.

@theguysnft,
You need,
we lead.


🖥 #news

Gensler Faces Heat Over NFT Security Stance

✔️ In the recent hearing, Gary Gensler, the Chair of the U.S. Securities and Exchange (SEC), stirred controversy by claiming Non-Fungible Tokens(NFTs) should be classified as securities.

📌 His stance has drawn sharp criticism from the members of the crypto community and lawmakers who argue that NFTs should not be classified as investment contracts subject to federal securities laws. 

@theguysnft,
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we lead.


🔥#onfire

Solana flips Ethereum on key metric as NFT sales jump

✔️ Solana flipped Ethereum in its 24-hour volume in the decentralized exchange industry as most of its meme coins jumped.

📌 According to DeFi Llama, Solana
DEX networks handled over $845 million in the last 24 hours, bringing the weekly volume to $5.17 billion. 

@theguysnft,
You need,
we lead.


🖥 #news

OpenSea NFT Marketplace Hit With Class Action Suit Over Alleged Securities Sales

✔️ The Moskowitz Law Firm filed another class-action lawsuit against a crypto firm Thursday, this time alleging that OpenSea’s customers were sold NFTs as unregistered securities.

📌 The lawsuit brought in a Florida federal court claims that two residents of the Sunshine State sustained damages as a result purchasing NFTs on the platform, which served as a go-to place to purchase digital art and collectibles when the NFT market ran red-hot in 2021 and 2022.

@theguysnft,
You need,
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🖥 #news

Animoca Brands’ Mocaverse and Magic Eden partner to launch MagicMoca NFT platform

✔️ Mocaverse, Animoca Brands Corporation Ltd's flagship Web3 platform, has partnered with Magic Eden to co-launch MagicMoca, a dedicated NFT launchpad for the Mocaverse community.

📌 The platform, announced on September 17, aims to offer curated gaming and intellectual property (IP) NFT project launches, integrating the two companies' ecosystems to expand access to high-quality NFTs across key cultural sectors such as gaming, sports and entertainment.

@theguysnft,
You need,
we lead.


🖥 #news

Infinex NFTs top $40M sales in first four days, despite NFT bear market

✔️ Infinex’s new Patron NFT collection surpassed $40 million in sales within the first four days, according to an announcement shared exclusively with Cointelegraph.

📌 Infinex is a non-custodial platform offering easy access to onchain protocol and decentralized applications (DApps).

@theguysnft,
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we lead.


😃 #memes

@theguysnft,
You need,
we lead.


🖥 #news

✔️ NFT creators get a $6M legal defense fund from OpenSea and a16z

📌 Non-fungible tokens (NFT) trading platform OpenSea and venture capital firm Andreessen Horowitz have pledged $6 million to a legal defense fund for NFT creators in partnership with the crypto advocacy group backed by Coinbase, StandWithCrypto.
📌 The move follows the recent Wells notice from the Securities and Exchange Commission (SEC) to OpenSea.

@theguysnft,
You need,
we lead.


🖥 #news

Coinbase’s ‘Stand With Crypto’ creates NFT legal defense fund

✔️ Coinbase has emerged as a vocal advocate for the crypto industry in the face of ongoing regulatory crackdowns in the United States.

📌 Stand With Crypto, a political advocacy group led by Coinbase, launched a legal defense fund for non-fungible token (NFT) projects, according to a Sept. 13 post on the X platform.
📌 Dubbed the Creator Legal Defense Fund, the $6 million fund is backed by venture capital firm a16z and NFT marketplace OpenSea.

@theguysnft,
You need,
we lead.


💬 #interestingfacts

Virtual Real Estate Boom

NFTs are not just limited to art and collectibles, they're also making waves in virtual real estate.

📌Platforms like Decentraland and The Sandbox allow users to purchase, develop, and monetize parcels of virtual land using NFTs.

📌These digital properties can be used for various purposes, including creating virtual shops, galleries, and event spaces. The concept has gained significant traction, with some virtual properties selling for millions of dollars.

@theguysnft,
You need,
we lead.


🔥 #onfire

CryptoPunk Heist: $1M NFT Snagged For $18,000 In Smart Contract Exploit

A savvy crypto enthusiast has acquired a valuable CryptoPunk NFT for a fraction of its market value ($18,000), exploiting a dormant smart contract from a defunct fractional ownership platform.

🤔 What exactly happened?

📌 The smart contract
governing the fractionalized ownership had a little-known buyout clause.
This clause allowed for a 14-day grace period during which shareholders could accept or reject a buyout offer.
📌 Astonishingly this $18,000 proposal went unchallenged during the grace period, allowing the buyer to acquire full ownership of the CryptoPunk for a mere fraction of its value.

@theguysnft,
You need,
we lead.


😃 #memes

@theguysnft,
You need,
we lead.

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