NFT Dominance

gm!

This Week's Low-Down:

• 🚀 OKX Establishes Itself as the Leading NFT Marketplace

• ⌚ Casio Releases Second ‘Virtual G-Shock’ NFT Series

• 🙏 BAYC and MAYC Tokens Recovered After $3M Theft

• Oracle Red Bull Racing Presents New NFT Series ‘Champions’ (Bitcolumnist)

• Sotheby’s Sells ‘BitcoinShrooms’ NFTs for a Mighty $450K (NFT Plazas)

• Casio Drops Virtual G-Shock Watches as Ethereum NFTs—With Exclusive Perks (Decrypt)

• Daily Gas Spent on EVM Inscriptions Surges to Record High of $8M (Cointelegraph)

• Solana Phones With Unclaimed $Bonk Sell for up to $5K on eBay (nft now)

• Farcana Secures $10M in Funding from Animoca Brands (Bitcolumnist)

• The Sandbox Embraces Polygon – Lower Fees, Endless Creativity (NFT Plazas)

• Trump Goes Phygital, Borrowing From Digital Fashion Playbook (Decrypt)

• ‘Tens of Millions’ to Enter Web3 Through Gaming in 2024 — GameFi Execs (Cointelegraph)

• Ubisoft Reveals Champions Tactics Minting on December 18 (Bitcolumnist)

• Everything You Need to Know About the Portalcoin Presale (nft now)

• 0N1 Force Unites Blockchain Elites for ‘Web3 Strikes Back’ Event (NFT Plazas)

• 'Bitcoin Billionaire' Who Supposedly Offered Rubi Rose $430K in BTC Says It Was All a Hoax (Decrypt)

• A New Era of Empowerment for Axie Infinity NFTs (NFT Plazas)

• NFT Trader Hacked, Millions of Dollars in NFT Stolen (Cointelegraph)

Trending Collections on OpenSea:

• The Beacon [Floor Price - <0.01 ETH]

• The Warlords of Champions Tactics [Floor Price - 0.24 ETH]

• Balthazar raW Pass [Floor Price - 0.18 ETH]

OKX Establishes Itself as the Leading NFT Marketplace

OKX's NFT arm surpasses other major marketplaces like OpenSea, Blur, and Magic Eden in 24-hour trading volume, hitting $50 million, according to DappRadar.

• Despite a drop to $35 million at the latest check, OKX maintains a lead over its competitors, whose combined trading volume reaches around $24 million.

• OKX's surge in trading volume coincides with its introduction of Bitcoin Ordinals trading, reflecting a booming week for Bitcoin NFTs, reaching $367 million in weekly sales volume, surpassing Ethereum and Solana's combined $91 million.

• Data shows a significant rise in daily NFT sales volume for Bitcoin starting from December 12, consistently surpassing Ethereum and Solana.

• The broader NFT space's resurgence in November saw a collective volume nearing $1 billion, with the average transaction value soaring by 114% from $126 to $270, indicating increased interest in higher-value trades.

Casio Releases Second ‘Virtual G-Shock’ NFT Series

Casio recently introduced a special collection of 2,000 NFT art pieces featuring futuristic "Virtual G-Shock" designs.

• This marks Casio's second foray into the NFT world following the release of G-Shock Creator Pass NFTs on Polygon in September.

• Owners of these Ethereum NFTs gain exclusive privileges, including behind-the-scenes experiences and a tour of the G-Shock Endurance Test Laboratory in Tokyo.

• Collectors will engage in roundtable discussions with designers, exploring insights into the creative process behind the Virtual G-Shock models.

• The NFTs offer access to design materials related to the watches and priority purchase opportunities for the next set of Virtual G-Shock NFTs, available in two innovative designs: VGA-001 and VGA-002.

  

  BAYC and MAYC Tokens Recovered After $3M Theft
  

  36 Bored Ape and 18 Mutant Ape NFTs worth almost $3 million were recently stolen. The hacker demanded 30 ETH per BAYC, 6 ETH per MAYC, plus a bounty — Boring Security recovered all.

  All 36 BAYC and 18 MAYC that the exploiter had are now in our possession.

  We sent her 10% of the floor price of the collections as bounty. We will be working with the affected victims getting them back to them free of charge.

  Right after this coffee break...

  Victims please… twitter.com/i/web/status/1…

  — Boring Security (@BoringSecDAO)
  5:54 AM • Dec 17, 2023

• Boring Security, a non-profit Web3 initiative supported by ApeCoin, swiftly recovered the stolen assets within 24 hours by paying a 120 ETH bounty, amounting to roughly $267,000 at the time.

• The team confirmed the successful recovery of all 36 BAYC and 18 MAYC NFTs on Twitter, concluding with a bounty payment to the hacker equivalent to 10% of the NFT collections' floor price.

• Greg Solano, co-founder of Yuga Labs, facilitated negotiations that aided the return of the stolen tokens, marking a significant win in NFT security.

• The recovery process was a vital victory for the rightful owners, facilitated by community-driven initiatives, thus underscoring the importance of swift action and collaboration in securing valuable NFT assets.

Today's edition was written by Leah Alger

Join us on Telegram | Join us on Discord

Advertise with NFT Lately