🦎🚀 NFT Mania on Bitcoin 🖼️

Friday, December 15, 2023

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A Huge Scare

Ledger confirmed an exploit that prompted a warning for users to 'stop using dapps' originated from a former employee falling victim to a phishing scam.

The company has released a new version of the Connect Kit (1.1.8), automatically updating all wallets using it. However, users are advised to wait 24 hours before attempting to connect to a decentralized app.

In other news, the previously struggling Solana phone is selling out amid Bonk's price surge, a Nirvana hacker has pleaded guilty, and Sotheby's witnessed Inscriptions exceeding estimated figures.

Read on!

24h Hot Searches Worldwide 🔥

Bonk (+89.7%)
Yield App (+9.6%)
Opulous (-15.1%)
Tectum (-5.2%)
Only1 (+7.6%)
Celestia (-5.6%)
Pepe (-1.2%)

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Solana Phone Sellout

The formerly struggling Solana phone is now selling out, likely due to the memecoin BONK.

Arbitrage traders seem to be pursuing a 30 million BONK token airdrop, accessible to every owner of the Saga phone. At current prices, this quantity of BONK is valued at almost $700, exceeding the phone's cost of $599.

CoinDesk

With the ever-proliferation of tokens and chains, it's no wonder that we can lose track of our onchain crypto holdings. Check out the top onchain DeFi portfolio trackers in this video!

Watch now!

You Can Run, but You Can't Hide

Shakeeb Ahmed, a 34-year-old senior security engineer, confessed to exploiting the Nirvana Finance protocol and another undisclosed decentralized cryptocurrency exchange, as announced by the U.S. Attorney's Office for the Southern District of New York on Thursday.

Ahmed has agreed to forfeit $12.3 million acquired from the two hacks and will also pay restitution totaling $5 million to the victims.

The Block

5X the Estimates

Sotheby's inaugural sale of 'inscriptions' crafted using the Bitcoin blockchain's Ordinals protocol, specifically from the 'BitcoinShrooms' pixelated collection, garnered approximately $450,000. This result surpassed estimations by fivefold, potentially indicating a growing mainstream interest in the tradeable digital images known as 'NFTs on Bitcoin.'

The auction, concluded on Wednesday, featured three images. Notably, a pixelated avocado fetched over $100,000, while a design resembling a mushroom from the Super Mario franchise sold for more than $240,000.

CoinDesk

Here are the top trending coins for this week!