1. Fraudulent MAYC NFT Collection Creator Pleads Guilty: Aurelien Michel, creator of the Mutant Ape Planet NFT collection, a knock-off of the popular MAYC collection by Yuga Labs, has pleaded guilty to wire fraud in New York. Michel admitted to defrauding investors of $3 million and conducting a rug pull, diverting proceeds for personal gain. He now faces a maximum sentence of five years in prison.
2. OpenSea Users Targeted by Phishing Campaign: OpenSea NFT marketplace users received emails with malicious links from attackers impersonating OpenSea. Despite no hack on OpenSea's platform, concerns arose about potential vulnerabilities and security of user data and contacts.
3. Bitcoin Transaction Fees Surpass Ethereum: The renewed interest in Bitcoin Ordinals, a tool for creating NFT-like assets and BRC-20 tokens, has led to Bitcoin’s average daily transaction fee surpassing Ethereum’s. The community has created over six million Bitcoin Ordinals assets since late October, leading to significant BTC fees being redistributed within the network.
4. G2A Launches Web3-Focused NFT Marketplace: Digital game distributor G2A announced the launch of its NFT marketplace focused on Web3 games. G2A aims to expand its offerings by diving into the Web3 gaming sector, recognizing the growing familiarity and involvement of players with blockchain gaming.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.
