Metaverse Roundup for July 19: Premint users faced a hacking incident; collaboration announced between Meta and DressX.
Now, let’s review the key metaverse updates from recent days:
- DeFi news The Metaverse Index continues to perform well, now sitting at $42.91 after a 1.66% boost. The Bluechip NFT Index has also seen a rise, trading at 37.85 ETH, while the Metaverse Land Index has jumped from 1.10 ETH to 1.81 ETH since yesterday.
- Bitcoin's price holds steady, ether shows upward momentum, and Solana has surged by 10%. On-chain analytics suggest that the market might be on the brink of recovery, indicating that the worst of the crypto winter could be behind us.
- A breakdown of the Three Arrow Capital bankruptcy reveals a staggering $3 billion in debt, with the firm's founders, Su Zhu and Kyle Davies, unaccounted for, leaving the fate of their assets uncertain. While creditors scramble to reclaim their investments, many questions remain unanswered.
- The Premint platform, known for NFT registration, suffered a hack that led to the loss of 320 blue-chip NFTs like BYAC, Goblintown, and Moonbirds, totaling over $400,000 in ether.
- The Nelson Mandela Foundation is unveiling an NFT collection in collaboration with Glorious Digital, featuring Mandela’s personal photographs and documents. Proceeds will support the Foundation’s initiatives.
- Meta is revamping its avatars—DressX is introducing fresh fashion styles for these virtual characters. Additionally, the Avatar store will showcase a new collection of clothing each month.
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