Golden Finance reported that the 98-year-old painter Mr. Huang Yongyu sold a total of 2.37 million NFT digital collections. Huang Yongyu's digital art "Zodiac" series is a Chinese painting work created by the famous artist Huang Yongyu since 2006. Recently, Baidu Baike Art Project and artist Huang Yongyu jointly launched the digital collection NFT of the "Zodiac" series on Baidu APP during May 12-14, 2022. The digital collection NFT of the "Zodiac" series comes from Baidu Super Chain. The form of digital collections is long recorded and goes international.
On May 15th, according to Boredapebot monitoring, someone sold BAYC #6462 for only 200 USDC ($200). BAYC is one of the most expensive series of NFTs on the market, and OpenSea data shows that its floor price is currently 101.75 ETH (about $210,000). Considering that BAYC #6462 has some of the rarest properties, including a bone necklace, police motorcycle helmet and boring pizza, the sale may have been a misnomer. It is speculated that the former owner may have taken the offer of 200 USDC as 200 ETH. While some crypto users sympathized with the seller, many strongly believed it was a tax evasion scheme given the circumstances surrounding the deal. OpenSea’s trading history shows that the NFT was sold for no less than 2 ETH ($7,000) on several occasions about a year ago. It also shows that since BAYC #6462 was minted, it has been transferred between different wallets at least five times. In addition, the buyer only created an account with OpenSea this month, and its offer was accepted minutes after it was received. (Crypto Potato)
On Wednesday, regulators in five U.S. states issued an emergency order requiring a Metaverse casino allegedly linked to Russia to immediately stop selling its NFTs, citing fraud, deception and registration violations, Golden Finance reported. The five states are Alabama, New Jersey, Texas, Kentucky and Wisconsin. The regulator said the operator of the Flamingo Casino Club took steps to "use a false office address, provide an out-of-service phone number, (and) hide its physical location and hide information about its principal. data.” (coindesk)
On May 13, according to people familiar with the matter, Musk is in talks to raise enough equity and preferred stock financing for his plan to buy Twitter, so that he does not have to use Tesla stock as collateral for a margin loan. Musk’s advisers, led by Morgan Stanley, have begun to understand potential investor interest in a preferred stock financing plan of up to $6 billion, people familiar with the matter said. Musk initially arranged a $12.5 billion margin loan as part of a $44 billion acquisition of Twitter. Margin lending halved to $6.25 billion after it disclosed that it had secured about $7.1 billion in new financing commitments. Musk has since received a further $1 billion in equity commitments. Further equity and preferred stock financing could make margin loans unnecessary. (Golden Ten)
According to data from Ultrasound, a total of 2,311,025.72 ETHs have been destroyed on the Ethereum network so far. Among them, OpenSea destroyed 230048.22 ETH, ETHtransfers destroyed 212759.15 ETH, and UniswapV2 destroyed 131452.85 ETH. Note: Since the introduction of EIP-1559 in the Ethereum London upgrade, the Ethereum network will dynamically adjust the BaseFee of each transaction according to the transaction demand and block size, and this part of the fee will be directly burned and destroyed.
According to DefiLlama data, the current DeFi lock-up volume on the Terra chain has dropped to $1.63 billion, a decrease of 23.36% in the past 24 hours. It still ranks 9th in the public chain. Currently, the top 3 DeFi lock-ups on the Terra chain are: Anchor ($1.01 billion, down 62.21% in the past 24 hours), Mirror ($109 million, down 51.90% in the past 24 hours), PylonProtocol ($92.62 million, 41.76% decrease in the past 24 hours).
The Luna Foundation Guard (LFG) group is seeking to raise more than $1 billion to support the UST algorithmic stablecoin after it lost parity with the U.S. dollar, according to three people familiar with the matter. Algorithmic stablecoins like UST are meant to maintain a one-to-one peg to the price of an underlying fiat currency like the U.S. dollar. But shares in UST fell as low as $0.61 on Monday before recovering to $0.91 amid a broader sell-off in the cryptocurrency market. The group is now looking to raise fresh capital from some of the biggest investment firms and market makers in the industry, the sources said. The agreement, currently under negotiation, offers investors the opportunity to purchase LUNA tokens at a 50% discount, although the tokens will be subject to a two-year redemption schedule. As previously reported, LFG announced on Monday that it had lent $1.5 billion worth of Bitcoin and UST to third-party trading firms. LFG initially sought to buy up to $10 billion in bitcoin to support the peg of the stablecoin. (theblockcrypto)
Golden Finance reported that the 98-year-old painter Mr. Huang Yongyu sold a total of 2.37 million NFT digital collections. Huang Yongyu&...
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On Wednesday, regulators in five U.S. states issued an emergency order requiring a Metaverse casino allegedly linked to Russia to immediat...