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The Nightly Mint: Daily NFT Recap


In the midst of geopolitical chaos, Ukraine will be the first developed country to mint their own NFTs to assist the funding of their defense against Russia. Meanwhile, things have developed in the Treasure NFT marketplace story that we covered in yesterday’s edition of The Nightly Mint.

Let’s catch up on these leading headlines for today’s NFT recap.

The Nightly Mint

Ukraine’s War Efforts & NFTs

We’ve seen a variety of crypto relief funds, as well as formal crypto leaders at major blockchains, exchanges, and elsewhere, that have utilized crypto to assist Ukraine in their fight against Russian forces. With nearly $50M in donations to crypto addresses posted by Ukraine’s official social media account, government officials had been teasing an airdrop – with limited details.

Now that plan has shifted, and instead of an airdrop, the country’s Vice Prime Minister announced this today:

Latest Mint: Treasure Marketplace Hacker Returns NFTs

Some ‘Smol Beans,’ one of the most recognizable NFT projects on the Arbitrum-based NFT marketplace Treasure, have started to be returned earlier today following an exploit that resulted in users being able to collect over $1M worth of NFTs at no cost. Devs stated on Discord that they believed they identified and addressed the issue.

Users who do not receive their NFT will be made whole through a plan passed by community members.

Related Reading | Bitcoin Rally Fails To Rouse Traders As Funding Rates Remain Flat

MAGIC is the native token on Arbitrum-based NFT marketplace Treasure, which saw substantial volatility in recent days following an exploit. | Source: MAGIC-USDT on TradingView.com

The ‘Minty Fresh’ Take

Don’t forget to keep a level head when it comes to influencers, artists, and celebrities promoting NFTs – on yesterday’s Mint, we covered news that the SEC is looking into NFT marketplaces and potentially shillers, too. Stay grounded to avoid potential rugpulls!

Related Reading | Metamask And Infura Clarify On Connectivity Complaints, Problem Solved?

Featured image from Pexels, Charts from TradingView.com
The writer of this content is not associated or affiliated with any of the parties mentioned in this article. This is not financial advice.





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