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Showing posts with the label nft news

Primordials has integrated Chainlink VRF

Primordials has integrated Chainlink VRF Verifiable Random Function (VRF) on Ethereum mainnet. By leveraging industry-leading oracle technology, we now have access to a tamper-proof source of randomness needed to help ensure a verifiably random distribution of our NFTs. Primordials has integrated Chainlink VRF. –+Ultimately this creates a more exciting and transparent user experience, as users can feel confident that the distribution of NFTs is provably random and fair. With 7,777 next-gen 3D avatars on Ethereum, Primordials will bring your favorite NFTs to the world of video games. Enabling the integration of any NFT avatar in video games to create more personal, social, and engaging experiences, Primordials characters have unique characteristics, skill sets, and abilities. NFT utility includes early access to Primordials Alpha, where users can create or play games to earn various rewards. Chainlink VRF generates a random integer and a cryptographic proof by mixing unknown blo...

OpenSea Daily Volume Plunges Below USD 1M as NFT Sales Sink

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Source: AdobeStock / LIGHTFIELD STUDIOS   Major non-fungible token (NFT) marketplace OpenSea has seen a steep drop in the daily sales volume , which recently plunged to below USD 1m. The drop comes as the broader NFT market has been spiraling downward and the prices of popular NFT projects have been plummeting. OpenSea's daily trading volume drop ped to around USD 837,000 on June 25, plunging to below USD 1m in more than a year, according to NFT data provider DappRadar . In comparison, the marketplace had notched more than USD 405.7m in sales at its peak in early May 2021. Moreover, the platform's sales volume has dropped by 72% over the past month alone, reaching USD 260m. In comparison, the marketplace generated USD 4.86bn in total trading volume in January this year, data collected by Dune Analytics shows. Similarly, the number of unique wallets interacting with OpenSea as well as its number of transactions have plunged to the lowest levels in more than...

Nike’s NFT Brand RTFKT COO Gets Hacked, Loses Nearly $200,000 in NFTs – Here’s What Happened

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Source: rtfktstudios / Instagram RTFKT COO Nikhil Gopalani has fallen victim to a "clever" phishing scheme that drained almost $200,000 worth of NFTs from his wallet. In a Tuesday tweet, Gopalani said that he lost his collection of NFTs, which included Clone X NFTs and items from other collections, to a scammer in an apparent phishing attack. He said: "Hey Clone X community - I was hacked by a clever Phisher (same phone # as apple ID) & sold all my clone x / some other nfts... Obviously pretty upset and hurt by this and I havent really been able to move all day." As of now, the wallet that appears to be linked to Gopalani has lost all its NFTs except for one: a Death Row Records NFT of the "Clone X Theme Song" worth about $59.  OpenSea data further shows that two wallets belonging to the attacker have stolen 19 CloneX NFTs worth over $138,000 combined, 18 RTKFT Space Pods (over $6,300 total), 17 Loot Pods ($6,200), 11 CryptoKicks ($...