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| Time flies, Geckos! A glitch on OpenSea's marketplace has destroyed user's NFTs with a total value of 28.44 Ether (ETH), which is over $100,000 at the time of writing.
The information was made public by Nick Johnson, the primary creator of the Ethereum Name Service, or ENS, who reportedly lost an NFT connected to the first ENS, rilxxlir.eth.
OpenSea reported that they had contacted the "small number" of people impacted and resolved the problem in the same day.
In today's news, DeFi Land raises $4.1M in funding round, Mastercard acquires CipherTrace, and Harmony launches $300M incentive program.
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| Mastercard Bets Deeper in Blockchain Mastercard has announced the acquisition of cryptocurrency tracking startup CipherTrace to provide "additional transparency and support" for the emerging digital asset ecosystem.
CipherTrace is a cryptocurrency-focused anti-money laundering, forensics, and blockchain threat intelligence company with an analytics platform that allows tracking and deanonymizing crypto transactions.
The joint effort of Mastercard and CipherTrace will help organizations to "identify and understand their risks," and "manage their digital asset regulatory and compliance obligations," according to a press statement accompanying the announcement. Decrypt | | SOL-based P2E Raises $4.1M DeFi Land, a blockchain gamification platform, has raised $4.1 million to launch a new decentralized financial game on Solana (SOL), highlighting the burgeoning ecosystem surrounding SOL.
Over 40 blockchain venture capital has participated in the funding round, including Animoca Brands, Alameda Research, Jump Capital, NGC Ventures, Solana Foundation, and Gate.io.
DeFi Land is an agriculture simulation game with a play-to-earn approach that allows users to earn cryptocurrency by performing tasks or reaching milestones. Cointelegraph | | Harmony Splashes $300M Incentive The Harmony Foundation plans to invest more than $300 million in the network's ONE token over the next four years to attract projects, according to the blockchain firm.
The firm announced Thursday that the "full-stack ecosystem strategy" seeks to support 10,000 companies with bounties, grants, and other incentives.
Over the next year, the firm will invest approximately $180 million, allocating $50 million to 100 decentralized autonomous organizations (DAOs) and $30 million to partner organizations who have deployed on Harmony. Coindesk |
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| | | Bull Market
A bull market indicates the direction of the market going in an upward trend. It is called "bull" market because when bull thrusts its horns, it moves upward into the air. The same motion is used to describe the movement of the market.
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