This week’s NFT news was marked by several events. The first fact concerns a wallet linked to 3AC buying an NFT for $59,000. This is thanks to a three-year-old offer.

Indeed, this wallet linked to the bankrupt cryptographic hedge fund Three Arrows Capital (3AC) bought a NeonVillage NFT for 20 Ether. This corresponds to approximately $59,821.

Moreover, this unusual transaction stems from an offer that the fund made three years ago. The funds intended for the purchase had been in escrow since 2021, and the offer was never canceled.

ZkSync Denies “Insider Mining” Accusations on Its Libertas Omnibus NFTs

ZkSync developer Matter Labs has refuted “insider mining” allegations concerning its Libertas Omnibus NFTs.

Following accusations that NFTs had been distributed unfairly, Matter Labs clarified its position. According to them, all participants met the criteria.

They also detailed the various legitimate methods of NFT acquisition, such as participating in events and interacting with other significant NFTs on ZkSync.

Indeed, the company also emphasized that owning Libertas Omnibus NFTs alone did not guarantee eligibility for ZK airdrops. This depends on several additional factors.

NFTs and Blockchain Connect Ethiopia’s Past and Present

The Toledo Museum of Art (TMA) in Ohio is concluding its grand Ethiopian art exhibition with a unique component dedicated to NFTs.

The Ethiopian art collective Yatreda has been named the second digital artist in residence at the TMA, after Nigerian NFT artist Osinachi. This initiative coincides with the launch of TMA Labs, a new division dedicated to exploring new technologies.

Yatreda’s installation “House of Yatreda” will create a bridge between historical Ethiopian artifacts and modern NFT art, showcasing both renowned and newly created pieces.

Indeed, Yatreda’s work brings Ethiopian history and culture to life. It will highlight the TMA exhibition “Ethiopia at the Crossroads”, which connects past traditions to contemporary digital art.

Furthermore, this week has been marked by several significant events in the NFT world. These highlight the constantly evolving nature of the NFT space, with its unique challenges and opportunities!

eToro

  • Innovative social trading
  • Transparent fees
  • User-friendly platform

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.