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🚀 A costly mistake with a happy ending 😀
| Don't miss out on the juiciest news in the crypto space! Stay in the loop to ensure that you receive our latest newsletters, right in your inbox! | | Have a terrific Tuesday, Geckos! Crypto exchange Bitfinex has paid 7,676 ETH in gas cost, or around $23.7 million, when it transferred $100,000 in USDT to layer-2 subsidiary platform DeversiFi, making it the highest gas fee ever recorded on the Ethereum network. DeversiFi stated that they have begun an investigation to establish the most likely source of the problem, adding that "no customer funds on DeversiFi are at risk, and this is an internal issue for DeversiFi to resolve." According to DeversiFi's most recent tweet, the miner has returned the 7626 ETH mistakenly paid as a tx fee. In today's news, Atari founder collaborates with MakersPlace to release augmented reality NFTs, Snoop Dogg picks up a copy of XCOPY, and Aave Arc is preparing for its first deployment. Read on! | | |
Meetup #16 is all about the Avalanche Ecosystem!
We'll be exploring the programmable smart contract platform's latest development, how its recent fundraise provides value to the ecosystem and what to expect from the network in the near future. Join us for an eye-opening conversation with Jay Kurahashi-Sofue (VP of Marketing at Ava Labs), Mark Stanwyck (Founder of Avalaunch), and Cryptofish (Co-founder of Trader Joe).
We're also throwing an AfterParty in collaboration with DAOrecords! This time we've got DJ Lethal Skillz, Karl Godard and alongside Umhume to play us some music, so join the fun and vibe with us!
Secure your seats here! | | |
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| Atari Brings Back Retro With MakersPlace Nolan Bushnell, founder of Atari, will collaborate with MakersPlace to release The Arcade OG Series NFT, a series of Ethereum-based NFT collectibles based on classic arcade machines. The NFT project spans five different augmented reality experiences, each depicting various arcade cabinets in which owners can walk around and view it from all sides. The Arcade OG Series is a creative collision between Bushnell and artist Zai Ortiz, a 3D designer who has worked on video games and films such as "Iron Man 2" and "Tron Legacy." Decrypt | | Doggfather Bets Big On XCOPY
Snoop Dogg has used his NFT-collecting identity, Cozomo de Medici, to purchase the animated Ethereum (ETH) NFT "Some Asshole" by XCOPY for 1,300 ETH, equivalent to $3.9 million.
"Welcome 'Some Asshole' to the Medici villa. Let's hope he's polite at Nonna's Sunday dinner," Snoop tweeted with his alter ego's Twitter account shortly after.
XCOPY's artwork has become a blue chip in the NFT artwork scene, with an unidentified buyer recently spending 1,000 ETH ($2.92 million) for another NFT art titled "All Time High in the City."
Decrypt | | Aave Arc Is Ready For Takeoff Aave Arc, a permissioned version of the prominent DeFi lending platform Aave (AAVE), is gearing up for its official launch. Fireblocks, an institutional custody firm, has proposed to Aave's governance forum to serve as the first whitelister for the platform when deployed. This is such that Aave Arc will allow whitelisted participants to participate in the permissioned loan and borrowing pool, allowing organizations with more stringent standards to engage in the services. TheBlockCrypto |
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Learn more about crypto staking Cryptoassets are unregulated in some EU countries and in the UK. No consumer protection. Your capital is at risk. | | | Pump and Dump Scheme
A scheme in which the development team (or short-term traders) hypes up a project without fundamental basis in order to pump up the price of the tokens temporarily and then sells their holdings immediately after launch to earn a profit. See the US SEC's investor alert on pump and dump schemes. Learn about other Crypto terms here | | | | | | Rituals - Venice #1Gallery: Art Blocks Factory Rituals combines generative music and generative artwork to create 1000 unique windows into a singular parametric universe. The music and art are crafted to infinitely evolve, giving collectors a subtly new experience upon each viewing. If left running, a single Ritual will continue generating music and art without repeating for ~9 million years. We invite you to hold space for yourself and enjoy a moment of mindful stillness. Artwork by Aaron Penne (@aaronpenne), music by Boreta (@boreta), music system produced by Counterpoint (ctpt.co). Check out other NFTs on CoinGecko ___________________________________________________________________
Submit your favorite NFTs here for a chance to be featured as our NFT of the Day! ____________________________________________________________________________________ |
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