NFT Market Update 6th January 2023

Mutant Hounds tweeted an image of a Goblin sparking rumours of a partnership with Goblin Town or possible involvement in Otherside.

Animoca Brands slashed fund-raising target for the metaverse fund from $2 billion to $1 billion, with co-founder Yat Siu stating, “given the market circumstances, it could be less.”

The crypto community warned users to check their smart contract approvals and revoke access regularly following phishing attacks that were linked to approvals for “unlimited amounts.”

Sam Bankman-Fried has filed a court action seeking to block debtors from taking control over his $450 million stake in brokerage Robinhood stating the shares do not belong to any of the FTX-related entities now in bankruptcy proceedings.

Solana News

Hyped Solana airdrop token, $BONK, burned all team-allocated tokens (5% of the total supply) valued at $13 million at the time of burn.

The leader of the Taiyo ecosystem, SolportTom, officially placed an offer to purchase the social ranking platform NFT Inspect.