NFT Weekly News #10
19th June - 25th June, 2023
NFT News Weekly Update #10
(06/19/2023-06/25/2023)
GM
Welcome to NFT Weekly News by Threekeyslab🗝️🗝️🗝️. Here you can find the latest curated news📰in the NFT world. Every week, we aim to provide a selection of the most interesting news and events that are fostering the development of the NFT world.
The NFT field is constantly evolving, and this article will review last week's Top🔝NFT news. Let's take a look👀together!
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Big News 🔝
📌NFT| Bored Ape Yacht Club NFT Prices Plunge as Machi Big Brother Makes Major⚠️Moves(June 26)
Jeffrey Huang, a prominent figure in the NFT community, recently sold over 50 Bored Ape Yacht Club NFTs, causing prices to drop. The collection's floor price reached its lowest point in Ethereum since November 2021. However, prices rebounded when Huang purchased 14 Bored Apes soon after. This event drew attention as Huang is currently involved in a lawsuit against a blockchain investigator, ZachXBT, over accusations of embezzlement, which Huang denies and deems as defamation.
📌NFT | Unveiling the Untold Stories📝of CryptoPunks(June 23)
In Fall 2023, the first book archiving CryptoPunks will be published in collaboration with Zak Group. The book will reveal previously untold stories of the CryptoPunks collection by incorporating contributions from its enthusiastic community.
📌Web2|Google’s YouTube Is Testing an Online-Games🎮Offering (June 23)
YouTube is internally testing a new product called 'Playables' for playing online games. The company invited its employees to test the product, which includes games such as Stack Bounce and can be played on web browsers, Android, and iOS devices. A spokesperson for YouTube stated that gaming has been an area of focus, but had nothing to announce. Integrating online games on YouTube is part of CEO Neal Mohan's strategy to explore new growth avenues amidst a decline in advertising spending.
Market Update 📣
To find out more about the notable NFT sales for the week, please click on the link below.
Other News 👀
NFT|Web3 influencer Elena tries to sell NFT collection of stolen art (June 21)
Web3 influencer Elena announced an NFT collection called "Atomic Ordinals" inscribed on the Bitcoin blockchain, claiming it was her original artwork combining her love for medicine and art. The collection was priced at 0.05 BTC per NFT, potentially earning her 10 BTC (~$300,000). However, it was discovered that the art was copied from various sources. Elena initially denied the allegations with a video, but later paused the sale, stating she would address concerns regarding the art's originality.
NFT| $1.25 million stolen in 2 months in Polygon NFT phishing scheme (June 23)
Scammers executed a phishing scheme by airdropping over 1,350 fake NFTs, impersonating reputable projects such as RocketPool, ApeCoin, Polygon, Uniswap, and Aave, to more than 500,000 wallets. When the victims engaged with these NFTs, they were redirected to phishing sites where they unknowingly signed malicious signatures. The scammers have reportedly stolen around $1.25 million in assets, with the largest single loss amounting to over $150,000.
AIGC| Meta Unleashes MusicGen: An AI-Powered Music Generator for Limitless Creativity
Meta has unveiled MusicGen, an AI-powered music generator that revolutionizes music creation. This innovative tool, now open-source and free, utilizes a vast training dataset of over 20,000 hours of music. With MusicGen, users can transform text descriptions into captivating audio clips and even guide the generation process using reference audio.
AIGC| McKinsey Report Reveals Generative AI's $4.4 Trillion Economic Value Potential Annually
According to a recent report from McKinsey, the application of generative AI has the potential to contribute up to $4.4 trillion in value to the global economy every year. The report highlights how generative AI technology can automate various tasks and processes, leading to increased efficiency and productivity. Additionally, the report suggests that between 2030 and 2060, approximately 50% of the workforce could be affected by automation, emphasizing the transformative impact of AI on the future of work.
AIGC| Mercedes-Benz Integrates ChatGPT into In-Car Voice Assistant
Mercedes-Benz has announced the integration of ChatGPT into its in-car voice assistant. This integration enables Mercedes-Benz drivers to interact with their vehicles using natural language, enhancing the overall user experience. Furthermore, Mercedes-Benz is exploring the potential of ChatGPT plugins for various tasks, such as making restaurant reservations and booking movie tickets, offering added convenience to car owners. The beta program for this integration commenced on June 16th, providing eligible models with early access to these AI-powered features.
VR&AR | Hexa and Amazon Partner to Revolutionize Immersive Retail for Merchants
Hexa and Amazon have joined forces to empower merchants in the era of immersive retail. Through this collaboration, selling partners gain access to Hexa's proprietary immersive OS, allowing them to create stunning 3D images, immersive 360-degree views, virtual try-on capabilities, and AR content directly on their Amazon product pages. This partnership aims to unlock the untapped potential of immersive retail experiences in online marketplaces, revolutionizing the way merchants engage with customers and showcase their products.
NFT | $95,000 CryptoPunk burned and revived on Bitcoin (June 19)
CryptoPunk #8611 sold for around 55 Ethereum or $95,000 on Saturday, according to Etherescan. And hours later, the NFT was burned in a way that points to inscription 12,456,749, an NFT-like asset on Bitcoin that bears the same image as its predecessor.
NFT | Former BAYC whale Franklin renters the BAYC market with two buys (June 20)
Click the link above to know more.
NFT | Yuga Labs announce The Forge: more "casual, creative & social game" than Dookey Dash: HV-MTL up 6% (June 21)
Click the link above to know more.
NFT | Barcelona FC partners with World of Women to produce Empowerment NFT (June 24)
FC Barcelona is partnering with World of Women to release an NFT titled “Empowerment,” inspired by soccer player Alexia Putellas. The NFT, created by Rhi Madeline, will be auctioned on OpenSea from June 26-28. The owner will receive exclusive benefits, including meeting Putellas and obtaining signed memorabilia. The collaboration aims to empower women and non-binary individuals.