Web3 Weekly Review: Trump's new NFT collection, OpenSea's Wells notice from SEC...
NFT Weekly News #62 26th August - 1st September
NFT News Weekly Update #62
(26/08/2024-01/09/2024)
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!
(Please don't forget to subscribe below and follow Threekeyslab on Twitter for more! )
Top News 🔝
📌 NFT|Trump drops new NFT collection on Ordinals(Aug 28)
Donald Trump has launched a new collection of NFTs, adding another series of digital collectibles to his portfolio. These NFTs, presented as trading cards, come with special incentives for select buyers. However, only 5% of the NFTs had been sold for the first 24h after launch.
📌 NFT|OpenSea gets Wells notice from the SEC(Aug 29)
On August 28, Devin Finzer, the co-founder and CEO of OpenSea, revealed that the US Securities and Exchange Commission (SEC) has issued a Wells notice to the NFT marketplace. This notice, which often precedes legal action, suggests that the SEC believes OpenSea may have violated federal securities laws by facilitating the sale of NFTs that could be considered securities.
Market Update 📣
Last week, the primary NFT PFP projects that saw significant sales included BAYC, Crypto Punks and Pudgy Penguins. These collections are famous for their charming characters and distinctive designs, which make them very popular in NFT market.
Winds of Yawanawa, Elevated Deconstructions and Ringer stood out as the main NFT Art projects sold last week. Elevated Deconstructions has experienced in the past week an increase in trading volume, reclaiming public attention through its distinct aesthetic senses and creative ingenuity.
Credit to: @Deepnftvalue
Other News 👀
NFT｜Anonymously funded wallet sweeps 3 XCOPY pieces（Aug 26）
Gobble sold for 22.62Ξ (pictured below)
OVERLORD sold for 35.0Ξ
DEATHLESS sold for 40.0Ξ
NFT|Pudgy Penguins sweeps may linked to one buyer(Aug 26)
Over the last couple months, there's ~12 fresh wallets whose first tx is a 60-300E deposit from Binance then the only other txs that follow are Penguin buys.
NFT|Magic Eden launches Mint Terminal for NFTs(Aug 28)
Magic Eden has aggregated all their favorite minting platforms into Mint Terminal — Discover new art and experience near-instant minting.
Meme|Kylian Mbappe X account has been hacked, with $MBAPPE token ticker published (Aug 29)
Kylian Mbappe’s account was hacked, and the attackers used his profile to promote meme coins, attempting to capitalize on his popularity.
This incident highlights ongoing concerns in the crypto markets about celebrity-associated meme coins, especially after a series of similar hacks.
NFT｜Hawk Tuah girl uses Mad Lads PFP（Aug 30）
Meme|GIGA leads for ‘diamond hand’ holders(Aug 31)
Top Solana Memes with biggest Ultra Diamond Hands include GIGA, POPCAT and WIF.
Ultra Diamond Hands = % of Tokens Held Longer than 30 Days Without Selling
Weekly NFT Marketplace Trading Volume Across Major Blockchains 📣
Over the past week, the NFT marketplaces reduced to a total volume of $89.4 million. ETHEREUM, with its 41% market share, stays at 1st rank of NFT Marketplace.
Credit to : @NFTpulse