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A significant event took place on the NFT marketplace Blur, capturing the attention of the crypto community. Trader Hanwe Chang managed to outsmart a bot competitor, resulting in an impressive profit of 800 Ethereum, equivalent to nearly $1.5 million. This clever maneuver by Chang has raised questions about the ethical implications and the potential impact on the NFT space.Hanwe Chang revealed his strategic feat on Twitter, detailing how he noticed a bot mimicking his bids on the Blur platform. Instead of trying to outbid the bot, he devised a clever plan to deceive it. Chang capitalized when 12 Azuki NFTs with…

The value of stolen non-fungible tokens shrank in July relative to the month prior — continuing a downtrend that correlates to a general decline in NFT interest, market-wide. According to blockchain security company PeckShield, roughly $1.73 million of NFTs were stolen last month — a 31% decrease from June and an 89% decrease from the $16.2 million stolen in February. Additionally, PeckShield noted that half of all NFTs stolen were sold within 165 minutes — primarily on Blur, the leading Ethereum NFT marketplace by monthly volume. The decline in monthly stolen NFT values correlates to a general decrease in NFT…

A series of transactions on the NFT marketplace Blur has captivated Crypto Twitter and sparked questions of legality after a prolific trader going by the name of Hanwe Chang duped a competitor into buying certain Azuki NFTs at an inflated price. “[I] noticed that someone’s bot was copying my bids on Blur, so I decided to trick him,” Chang said on Twitter, adding he had made a profit of 800 Ethereum with the strategy, netting close to $1.5 million. A relative newcomer compared to NFT marketplaces like OpenSea and SuperRare, Blur surged ahead in terms of trading volume earlier this…

Wizards of the Coast, publisher of the popular Dungeons & Dragons (D&D) role playing game, acknowledged on Saturday that one of its hired artists had used artificial intelligence in creating imagery included in one of its upcoming books, and said updated guidelines are coming. The Hasbro-owned company said on Twitter that it had reached out to Ilya Shkipin, a California-based artist with whom they had previously worked, and reached an understanding that will apply to other contributors going forward. “He will not use AI for Wizards’ work moving forward,” D&D said. “Artists must refrain from using AI art generation as…

Animoca Brands announces a new game called Wreck League, with a planned season one collaboration with Yuga Labs. Featuring Street Fighter style combat with completely customizable Mech fighters, Wreck League Wreck League, a new PvP fighting game with customizable Mechs, was announced by Animoca Brands. Animoca Brands plans seasonal collaborations for Wreck League and have already paired with Yuga Labs to make Wreck League part of ‘The Extended Yugaverse of Bored Ape and Otherside’. Owners of Bored Apes, Mutant Apes, Kodas, and NFTs from the Kennel Club will have access to a free, fully constructed, Founders Mech. This Mech cannot…

New reports were released that point to a major slowdown in NFT trading. Still, developers continue to deploy millions of smart contracts across EVM-compatible chains, pointing to interest in finding broader use cases for blockchain tokens. Meanwhile, Etihad Airways announced plans to launch a Web3 loyalty program that will let its community of frequent fliers stake NFTs for miles. Plus, the team behind the Ordinals protocol is launching a non-profit to keep its development “clean” from corporate influence. This Week’s Alpha Non-fungible trading woes: It’s been a no-good, very bad month for NFT trading, according to two new reports. NFT…

NFT sales have had a rocky start in 2023 but the underlying technology still holds plenty of utility. Ticketing is an interesting yet underdeveloped facet of the NFT space. It stands out as a promising frontier for NFTs in the ever-evolving world of digital advancements. As a noteworthy application of NFTs, NFT tickets play a significant role in signifying ownership and facilitating access to exclusive experiences and events. These digital tickets serve as tangible proofs of entrance, covering a wide spectrum of events, including theme park attractions, sporting events, and live concerts. By providing verifiable proof of ownership and authenticity,…

Over in the resilient world of Web3 Gaming, Animoca Brands subsidiary, nWay, has just unveiled something spectacular. The skilled development studio is cooking up the ‘Wreck League,’ a hardcore AAA NFT fighting game that truly puts players in control of their destinies. Adding to the grand spectacle, nWay will also incorporate some of the biggest IP in town, with Yuga Labs taking center stage for its inaugural season!Scheduled to launch in September, the game will task players with building their own superior wrecking machines from a wide array of interchangeable NFT parts. Then sending their well thought out creations into…

Under the umbrella of Web3 giant, Animoca Brands, GameSwift and TOWER have joined forces to launch a new standard in the NFT gaming world through a trio of thrilling new battle platforms.Players can now be bestowed with rewarding and inclusive experiences on the GameSwift ecosystem, with captivating gameplay and play-to-earn events playing a significant role in all addictive adventures..@TowerToken Ecosystem has partnered with @GameSwift_io #blockchain gaming platform to enhance your #web3 experiences. Head over to GameSwift today to experience and play 3 TOWER games: @CrazyDefenseEN, @CrazyKingsGame and Co-op Battle. Game on! ???? https://t.co/17Wkrt1eoi— Animoca Brands (@animocabrands) August 3, 2023Gaming to…

The Genesis of RYUZO’s Season 2This second series of RYUZO leveled up on August 2. Before the debut, 10,000 NFT digital eggs, best known as MARYU, were distributed among existing holders in the Oasys community. RYU creatures are hatching from these eggs, granting owners Soul-Bound Tokens as an extra perk — making it impossible for other Web3 enthusiasts to get their hands on one. Evoking memories of the cherished Tamagotchi virtual pet game, the RYU characters have unique personalities and acquire skills depending on how users interact with them. These critters can be fed, raced, and gain new skills through the…