NFT Update: PayPal to launch stable coin; Trader tricks bot to profit 800 ETH; Plus market data

NFT Update: PayPal to launch stable coin; Trader tricks bot to profit 800 ETH; Plus market data

1 min read  ·  07 Aug 2023

PROOF 'Grails IV' begins mint schedule.

PROOF 'Grails IV' begins mint schedule.

News

  1. PayPal has announced it is launching a US dollar stablecoin on Ethereum.
  2. PROOF’s ‘Grails IV’ minting begins today and will end on Friday.
  3. An NFT trader profited 800 ETH (~$1.5m) after tricking a bot into copying his trades.
  4. Bloomberg has reported that close to 100 crypto funds have closed since the start of 2023.
  5. Crypto start-ups raised a combined $17m in venture funding last week.
  6. The value of assets bridged to Coinbase’s layer-2 network, Base, has surpassed $100m.

Data

  1. The Top 3 NFT Sales over the past 24 hours were CryptoPunk #7974 for 50 ETH ($92k), CryptoPunk #5682 for 47 ETH ($86k), and Bored Ape Yacht Club #8252 for 33 ETH ($59k).
  2. The Top 3 NFT Collections by Volume over the past 24 hours were Mutant Ape Yacht Club with $1.2m, Gods Unchained with $1m; and Bored Ape Yacht Club with $857k (+31%).
  3. The Top 3 NFT Marketplaces by Volume over the past 24 hours were Blur with $5.5m (+2%), OpenSea with $2.3m (-9%), and Immutable X Marketplace with $1.1m (+58%).
  4. The Total Crypto Market Capitalisation is $1.2t, a 0% change over the past 24 hours.

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