NFT Market Update - 18th July, 2022

Over the weekend Premint website was attacked by an unknown third party prompting users to sign a malicious message which drained their wallets.

A class action lawsuit has been filed against Celsius Network alleging the company is “much like a literal Ponzi scheme” after losing $10 billion worth of assets.

Yuga Labs invited over 4,000 players to join Otherside tech demo. The team released Otherside Lite paper outlining their future plans.

Ethereum has successfully completed one of its last tests before moving to a Proof-of-Stake; the merge is set to take place in mid-September.

RTFKT announced the first Nike AR hoodie for holders of CloneX and Nike Dunks Genesis.