- NFToday
- Posts
- BAYC is suing who?!
BAYC is suing who?!
Yuga Labs drama, Ethereum price action, and Harmony's exploit
GM, it's Monday!
Hello frens, welcome to another issue of NFToday!
Here's to having a great start to the week; let's go out and kill it!
Create a goal, strictly follow it, win - it's that easy!
On to the news!
In today's newsletter:
๐ฆ RRBAYC Lawsuit
๐ Break and Retest or Support Bounce?
๐ Harmony Bridge Exploit
Trending OpenSea collections:
Otherdeed - 2.79 ETH
goblintown.wtf - 3.25 ETH
Dooplicator - 2.2 ETH
A:\Aiko Virtual - .168 ETH
Note: Floor prices of these may or may not be different when reading this!
What's up RRBAYC?
Within the past week, BAYC has been under some controversy due to numerous racist allegations proposed by verified Twitter influencer Ryder Ripps. In response, BAYC took matters into their own hands.
Amid the social dispute, BAYC announced in a 2 tweet post that they'd be pursuing legal action in the form of a lawsuit:
(2/2) ... us and the BAYC community, we have filed a lawsuit against the responsible parties. We will continue exploring and pursuing all legal options at our disposal.
โ Yuga Labs (@yugalabs)
1:39 AM โข Jun 25, 2022
For those unaware, Ryder Ripps has been criticizing Yuga Labs since January. Some of his most popular (and controversial) post include BAYC's logo similarities to past Nazi Symbolism, and criticism of a WW1 German helmet collection trait.
In an attempt to further defame Yuga Lab and BAYC, Ripps began minting RR/BAYC, an identical 1-of-1 ripoff of BAYC's collection.
How that makes any sense? I'm not really sure.
Nevertheless, I'll keep you updated the more we learn. I'm sure the case and it's entirety will be covered on Twitter quite extensively!
Break and Retest or Support bounce?

Ethereum Daily - Webull
Ahhhh, Ethereum, the bane of my existence...
Ethereum is trading just below its $1,300 resistance level (created during the coin's 2021 bull run). While this price action leads me to believe that a break and retest is upon us, the coin did find some great support, with two candles closing above $1,000.
While we await a new volume spike, I'm excited to see where we go from here. As always, I'll keep you updated!
Harmony's $1M bounty...
Following a $100M bridge exploit hack, layer 1 blockchain Harmony is offering a $1M bounty to the hacker:
We commit to a $1M bounty for the return of Horizon bridge funds and sharing exploit information.
Contact us at [email protected] or ETH address 0xd6ddd996b2d5b7db22306654fd548ba2a58693ac.
Harmony will advocate for no criminal charges when funds are returned.
โ Harmony ๐ (@harmonyprotocol)
3:47 AM โข Jun 26, 2022
At first, I was confused as to why Harmony would even purpose something like this. Yet, after some thought, I realized it might be crazy enough to work! In exchange for the stolen funds, the hacker would have a clean $1M, as opposed to the dirty $100M.
I'm interested to see how this will play out!
More info on the initial hack can be found here:
1/ The Harmony team has identified a theft occurring this morning on the Horizon bridge amounting to approx. $100MM. We have begun working with national authorities and forensic specialists to identify the culprit and retrieve the stolen funds.
More ๐งต
โ Harmony ๐ (@harmonyprotocol)
11:13 PM โข Jun 23, 2022
Stay safe out there frens!
Tweet of the day
NEW: ๐ท๐บ Russia defaults on foreign debt for first time since 1918
- Bloomberg
โ Blockworks (@Blockworks_)
8:47 AM โข Jun 27, 2022
Share NFToday!
Subscribe Link: https://nftoday.beehiiv.com/subscribe
My Twitter: https://twitter.com/NFTpublisher
Rate today's issue:
DISCLAIMER
Nothing mentioned above is financial advice, this newsletter is created for nothing more than entertainment purposes!