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This Week's Low-Down: |
👀 Gary Vee & Mr.Beast Under Scrutiny for 'Pump-and-Dump' NFT Schemes 📲 Deadfellaz & SKALE Labs to Release Mobile Trading Card Game 🚀 Shiba Inu Debuts NFT Bridge on Shibarium for ETH-Based Assets |
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NFT Project Age Of Zen Operator Declared Bankrupt By Seoul Court (Binance Square) Improbable to Launch High-Throughput L1 Blockchain Somnia (NFT Plazas) GalFi Launch Discord RPG, $GALFI Rewards On Offer (NFT Insider) Animoca Brands Japan Unveils Ghost in the Shell NFT Series (Bitcolumnist) Chainers.io to Redefine P2E with a Player-First, Sustainable Model (NFT Plazas) $1.43M Bored Ape Sale Highlights NFT Market Despite 8.78% Decline (NFT Evening) Peter Thiel’s Fund Pushes Infinex NFT Investments to $67.7M (Cointelegraph) Pixels Launches Halloween Event and Binance-Themed Rewards (NFT Plazas) Mint Blockchain Awarded $1.35M Grant to Propel NFT Development (Bitcolumnist) Metamask Developer Consensys Announces Workforce Reduction (NFT Insider) Top NFT Collections Hold Strong Despite Market Dip (NFT Evening) Magic Eden to Trial TestME Token, Urging Caution on Trading (NFT Plazas) |
Trending Collections on OpenSea: |
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Gary Vee & Mr.Beast Under Scrutiny for 'Pump-and-Dump' NFT Schemes |
TruthLabs (cryptos watchdog) are investigating VeeFriends’ Gary Vee and crypto-loving YouTuber Mr.Beast over possibly manipulating the NFT market through ‘pump-and-dump’ schemes. |
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TruthLabs 🫡 @BoringSleuth
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Mr. Beast's Superfarm Payouts, which he would later to Sale to make up for the ETH spent on overbuying and Pumping VeeFriends. He purchased directly from the VeeFriends Dev, after the Dev Gifted a NFT prior to ever owning a Vee Friends NFT. He would later go on to spend $750K on… x.com/i/web/status/1… |
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 SomaXBT @somaxbt
1/ An investigation into @MrBeast ,how he allegedly made $10M+ by backing low-cap IDO crypto tokens promoted by influencers like Lark Davis, CryptoBanter, KSI, and others. Many of these projects are now down over 90%, with some rebranding after major losses.
let's dive in. 🧵
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2:22 AM • Oct 31, 2024 |
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69 Likes 24 Retweets |
2 Replies |
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The controversy began when Gary Vee gifted Mr. Beast a high-value NFT from his VeeFriends series in May 2021. Significant purchases from Mr. Beast followed. TruthLabs’ suggests their trades could have artificially inflated NFT prices, impacting other investors. Screenshots and blockchain data analyzed by TruthLabs and community members suggest that Mr. Beast's subsequent sale of these NFTs at higher prices might indicate an attempt to manipulate market values. These allegations add to Mr. Beast's already-existing negative publicity, which follows growing concerns over the ethics of his trades. |
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Deadfellaz & SKALE Labs to Release Mobile Trading Card Game |
DFZ Labs (the creators of Deadfellaz) teams up with SKALE Labs to launch ‘Death Touch’, a genre-defying digital trading card game (TCG), set to release in Q1 2025. |
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SKALE @SkaleNetwork
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The Horde rises from the shadows…gas-free! 🧟♀️
@Deadfellaz is conjuring their TCG game, Death Touch, on SKALE, summoning a seamless, gas-free gaming experience from the underworld. 🎮
Learn more about the upcoming launch: bit.ly/4hhBLZY
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4:45 PM • Oct 29, 2024 |
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297 Likes 100 Retweets |
73 Replies |
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Targeting over 6K Deadfellaz NFT collectors, Death Touch aims to leverage its community to push into mainstream mobile gaming. Deadfellaz picked SKALE for its invisible blockchain. It supports over 45M active gaming wallets and offers zero gas fees, optimizing the gaming experience. Further underpinning SKALE's economic benefits is that it has saved users a hefty $8.5B in gas fees to date. SKALE continues to expand its ecosystem; over 150 games are in development. |
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Shiba Inu Debuts NFT Bridge on Shibarium for ETH-Based Assets |
Shiba Inu ($SHIB) has introduced a new NFT bridge on its L2 blockchain — Shibarium — allowing for seamless transfers of Ethereum-based NFTs to expand its trading capabilities. |
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Users can now easily connect wallets like MetaMask to deposit and withdraw Ethereum-based NFTs on Shibarium, enhancing user interaction and accessibility. They can benefit from the network’s lower costs and faster transaction times (compared to Ethereum), improving $SHIB’s liquidity and market activity. Since its launch in August of the previous year, Shibarium has processed approximately 436M transactions, demonstrating robust platform activity and scalability. Following strategic partnerships (such as with the financial solutions company Mass) and a 305% increase in burn rate, SHIB’s price has risen by nearly 8% over the past 24 hours. |
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Today's edition was written by Leah Alger |
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