Wrangler Jeans NFTs?

$30M bridge recovery, ETH is climbing, and Wrangler partners with DeadFellaz

GM GM GM

Hey, and welcome to another issue of NFToday!

Remember that thing I was hyping up about a week ago?

Welllll, it's taking me a bit longer than anticipated to get fully set up!

Trust me when I say it'll be worth the wait!

Thanks for you're patience as always, and let's hop into the news!

In today's newsletter: 

  • $30M Ronin Bridge Recovery.

  • Slowly on the come up!

  • Deadfellaz X Wrangler

$30M Ronin Bridge Recovery.

Back in March, a hacker team known as Lazarus successfully drained $622M from Axie Infinity's Ronin Ethereum sidechain.

After the hack, Sky Mavis, the team behind Axie Infinity, brought on Blockchain analytics firm Chainalysis to help track down the stolen funds.

After six months of tracking and research, Chainalysis miraculously revealed that they've successfully recovered over $30M of stolen funds.

The funds were reportedly seized via law enforcement after the $30M was transferred to a centralized exchange.

For how smart you have to extract $622M from the Ronin network, you'd think the hackers would be smart enough not to transfer their funds to a centralized exchange...

Nevertheless, big props to Chainalysis and Sky Mavis on the huge come-up!

We climbing!

Ethereum isn't looking half bad!

Despite the recent sell-off, Ethereum seems to have found a bit of footing!

While it's nothing to ride home about, a steady increase in the currency's price strongly indicates a bullish presence.

While we await the next rate hike increase, I don't expect us to keep climbing indefinitely.

Yet, we might have an extra week or two of upside momentum!

That's not even to mention that the Merge is scheduled for next week; woohoo!

Deadfellaz X Wrangler

Demin apparel brand Wrangler has officially teamed up with Zombie-themed NFT project Deadfellaz.

Aside from a recently announced holder competition, little to no information on what the partnership will entail has been released.

Regardless, I love this idea!

I think IRL brands partnering up with NFT communities could result in some compelling marketing opportunities!

Think about it...

Imagine if Wrangler gave every Deadfellaz holder a pair of jeans or something along those lines.

Deadfellaz holders would shill the hell out of their new free pairs!

Anyways, we'll be sure to keep you updated on the future of their collaboration!

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DISCLAIMER

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