FTX Creditor Pledges Claim as Collateral for DeFi Loan in First On-Chain Transaction
June 24 (Cointime) - A creditor of the now-bankrupt crypto exchange FTX used a claim as collateral for a loan on the DeFi platform Arcade. The claim was tokenized and represented by an NFT, making it the first on-chain loan backed by a FTX claim. The NFT was used as collateral for a $7,500 loan to be repaid in five days, with the lender entitled to the claim in case of default. The transaction highlights the growing trend of real-world asset tokenization in DeFi, with a wide range of assets being tokenized, including stocks, government bonds, real estate, and commodities.
Open Foodie: A profound exploration of the NFT project based on AIGC
Open Foodie, an NFT platform, has secured $500,000 in seed funding to revolutionize the food technology sector
Longtime BAYC Holders Sell NFTs, Unique Wallets Decline
June 23 (Cointime) - According to Nansen, the number of unique wallets holding at least one Bored Ape Yacht Club (BAYC) NFT has been declining over the past week, falling below its October 2021 level. Many longtime BAYC holders have also been selling their NFTs, with 39 of them owning their BAYC for over a year.
Understanding the Tax Implications of Crypto Airdrops in Different Countries
June 22 (Cointime) - Crypto and NFT airdrops are events organized by crypto startups to increase their popularity and attract a community around their products or services. Users are rewarded for completing various tasks such as following the project on different channels, sharing a post, referring a friend, or registering on an airdrop page.
Machi Big Brother Proposes AIP To Acquire NFT Collections for Museums Worldwide
June 22 (Cointime) - Machi Big Brother, a prominent figure in the NFT community, has proposed an AIP to acquire several NFT collections and donate them to museums worldwide. The proposed collections include 1000 Bored Ape Yacht Club NFTs, 2000 Mutant Ape Yacht Club NFTs, and a selection of CryptoPunks. The move is seen as a significant step towards establishing NFTs as a legitimate form of art and culture.
Technical Development Monthly Report: June 2023
Technical Development Monthly Report: June 2023
Machibigbrother Replied to the Public Opinion Storm: The Reason for Suing ZachXBT Was To Be Framed, Not to Embezzle Assets Privately
June 21 (Cointime) - NFT senior player WaTell interviewed Machibigbrother and asked two questions: 1. Why did he sue zachxbt; 2. Why did he sue after a year?
Bitbyte.Finance: Can Multi-chain Aggregation + NFT + DAO Create a New Crypto Finance Ecology?
Bitbyte.Finance is a decentralized aggregation platform. Finance is a decentralized aggregation platform based on the Decentralized Exchange (DEX), which is a multi-chain financial and social aggregation platform for digital assets.
Lambda256 launches movie community 'MMZ' utilizing NFT
June 20 (Cointime) - Lambda256, a blockchain specialized company and a subsidiary of the entertainment company Doo Namoo, announced on the 20th that it has launched a movie community 'MMZ' utilizing non-fungible tokens (NFT) in collaboration with the production company Barunson E&A, known for the movie 'Parasite'.
Founded by Ex-CEO of Riot Games Asia, Ambrus Studio Pioneers the 'Play for Fun' Approach in the Web3 Gaming World
Ambrus Studio champions a "Play for Fun" approach instead of "Play to Earn," aiming to attract authentic players who genuinely appreciate the gaming experience.
