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All funds and NFTs are safe. No action is needed at this time. The project is suspended and cannot initiate new loans. The suspended state is to protect all assets in the protocol. They confirm that no funds are lost. The project also said that it has successfully executed a white hat recovery script, saving all ERC20 and ERC721 assets of all LPs and borrowers. All information will be updated for users as soon as possible. On June 20th, 4:42 am UTC, @AstariaXYZ was made aware of an issue with the base implementation of BeaconProxy.sol allowing an attacker to manipulate…

A new initiative, Teddy DAO, seeks to leverage NFTs for charitable causes. Developed by Web3 software company Lucky Friday, Teddy DAO aims to utilize cryptocurrency as a funding mechanism to promote social impact worldwide. Partnering with global fundraising organization JustGiving, Teddy DAO is set to make a significant difference in the lives of those in need.Daily Auctions for CharityBeginning on June 23, Teddy DAO will launch daily auctions for its unique teddy bear NFTs. These adorable digital collectibles, created by renowned artist Yumi, will be minted on the cross-chain smart contract platform Moonbeam. The auction winners will have the opportunity…

In the most recent data, non-fungible token (NFT) sales for this week have experienced a rise of 11.60% compared to the previous week. Moreover, the number of individual buyers purchasing NFTs in the past seven days has jumped 95.20%, reaching a total of 664,096 buyers. This Week’s NFT Sales See a Modest Rise of More Than 11%, Bitcoin-NFTs Still Hold Second Position According to data from cryptoslam.io on June 20, 2023, the past week has seen a modest increase in NFT sales, with a recorded total of just over $146 million. This marks an approximate rise of 11.60% compared to…

As teased last week, popular video game Fortnite has announced a collaboration with apparel giant Nike and its .Swoosh Web3 platform, which offers digital apparel and accessories sold as NFTs. The alliance does not integrate NFTs into Fortnite, but the link between the companies still involves crypto elements. Unveiled today, “Airphoria” is a Nike-branded experience within Fortnite’s Creative Mode, letting users go on the “ultimate Nike sneakerhunt” within a Fortnite game world. The experience, which will be live in the game until June 27, can earn players a free in-game “back bling” or avatar accessory styled like a classic pair…

If you’re a rugby fan looking for an engaging digital experience, OVAL3 has been developed with you in mind. Quickly becoming the leader in Web3 for rugby, this fantasy card game stands out by blending the love for rugby with the opportunities provided by NFTs.In a move aimed at increasing visibility, OVAL3 is set to launch a portion of its exclusive NFT collection on Binance NFT. The collection timed a few months ahead of the much-anticipated Rugby World Cup 2023 in France and may become the rugby equivalent of Sorare.OVAL3: Uniting Rugby Fans and NFTsAs an ambitious player in the…

Following up on their very successful series of Alpha playtests, Phantom Galaxies opened up their first Beta Phase a little over a month ago to a very small set of their players. Now, after a few weeks of testing, they are ready to expand this phase to include a larger playerbase, though you still need to own an NFT to participate. Getting access to Phase of Beta 2 for Phantom Galaxies requires owning one of several NFTs. Anyone who holds a ‘Planet Genesis Mintpass’, a ‘The Hopeful’ NFT, or a ‘Zorran’s Favour’ NFT should now have access to the beta.…

My Neighbor Alice, the web3 farming and building game reminiscent of Stardew Valley, prepares to launch into season 3 of their alpha. And this season brings a number of big updates, including crafting, connection to the Chromia appnet, and a free trial system for players who don’t own any land plots for the game! Customization is the theme of season 3. After already introducing resource gathering through activities such as fishing and farming, My Neighbor Alice is now ready to open up crafting in their game. Players will have access to a new crafting system, allowing them to create wearable…

Merging state-of-the-art technology and medieval gaming sorcery, The Red Village has collaborated with IQ Protocol to open a treasure trove of digital assets and possibilities. Achieving this through an illustrious NFT rental marketplace within its groundbreaking dark-fantasy play-to-earn platform, it’s ready to fully propel on Polygon, starting June 26.The wonderous NFT rental marketplace, IQ Market, enables players to list their cherished in-game character NFT ‘Champions’ to reap advantageous rewards. Even empty-pocketed squires yet to claim ownership of these majestic collectibles can partake in The Red Village’s epic quest. Better still, players need not worry about gas fees, and can enjoy…

In an innovative and bold move, Wolf Capital’s Natan Stein and holders of the notable Bitcoin Ordinals project, Bitcoin Bandits, turned the digital realm on its head. Sharing the same desire to unite blockchain networks, they took the high-profile NFT CryptoPunk #8611 on a daring journey from its initial Ethereum abode to the Bitcoin network.Following the Bitcoin Bandits acquisition of Punk #8611 for $95,000 (55 ETH) on Saturday, the NFT holders — with help from Stein’s development skills — digitally transformed the Punk. First, they took the OG asset out of circulation on the Ethereum blockchain into a burn address that holds $21 million worth…

The CEO of Animoca Brands, Robby Yung, has shared his expectations for the future of Web3 gaming, predicting the launch of more triple-A console-style games in the coming years. Yung believes that the Web3 gaming space, which is currently dominated by play-to-earn and casual gaming titles, will witness a shift towards high-quality, immersive gaming experiences. He cites games like Life Beyond, Devourers, and Phantom Galaxies as current examples of this evolving category.The Rise of Triple-A Console-Style Games in Web3According to Yung, the Web3 gaming landscape is set to expand beyond its current focus on play-to-earn and casual titles. Yung expects…