FTX acquires Robinhood?

Hello frens, welcome to another issue of NFToday!

If you've been following me for some time, you may know that I create and publish an in-depth web3-related document at the start of each month.

I typically write about the top NFT projects to take note of in the given month, yet nothing in July is really catching my eye.

Despite this, I still wanted to give back to my loyal subs! Instead of pondering what I should create for hours on end, I figured I'd just ask the community!

After reading today's newsletter, please head over to my Twitter and vote:

As always, thanks frens!

Now, on to the news!

- Hunter Maier

💰 FTX's new acquisition?

📈 Consolidation for days...

🌉 Harmony Exploit Update

Cyber Galz - .133 ETH

Gossamer Seed - .471 ETH

Moonturtlez - .04 ETH

BAPES FUTURE - .94 ETH

Note: Floor prices of these may or may not be different when reading this!

Rumors and sources among the crypto ecosystem were revealed yesterday that FTX CEO Sam Bankman-Fried is interested in acquiring popular stock trading brokerage Robinhood.

For those who've been living under a rock, FTX is one of crypto's largest centralized trading exchanges. Due to the brokerage's strategic advertising strategies, exclusive features, and lack of fees, the company's growth has skyrocketed alongside the increased popularity of crypto in recent months/years.

In an attempt to diversify and attract new users, FTX recently announced that stock trading will soon be coming to their platform!

In recent months, Robinhood hasn't been doing too hot, as indicated by the continuation of HOOD's bearish price action:

In response to the rumors, HOOD shares were up $1.12 or 14% yesterday.

Despite the speculation and confidence of those sharing the information, Robinhood has yet to respond or confirm any offers.

Ethereum's chart looks virtually identical to how it did yesterday.

We're still sitting just below that $1,300 level, waiting for a bit of news to strike or some volume to kick in.

Nevertheless, with weeks of up and down (mostly down) price action, patience still remains key!

For those who didn't read yesterday's newsletter, first of all, you're lame; second of all, we covered Harmony's recent $100M bridge exploit.

More information can be found via this thread:

I said I'd keep you updated, and here we are!

Today at 12:13 AM, three transactions from the hacker's address totaling roughly $36M worth of ETH were put through Tornado.

For those unaware, Tornado is a crypto mixing service that allows its users to discreetly and privately distribute funds from one wallet to another (or multiple). Read more on Tornado and how pooling works on their official website here!

At this point, the hacker's initial wallet still houses roughly $64M of the initial $100M stolen.

So much for that $1M bounty, HAHA.

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• 👍 IT WAS INCREDIBLE!!!

• 😐 It was alright!

• 👎 Could've been better.

Nothing mentioned above is financial advice, this newsletter is created for nothing more than entertainment purposes!