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Blockchain Buzz: OKX NFT triumph, raising $140m from Line Next and the recovery of NFT Heist
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Blockchain Buzz: OKX NFT triumph, raising $140m from Line Next and the recovery of NFT Heist

Dec 20, 2023

In the latest developments, OKX NFT steals the spotlight by surpassing competitors Blur, OpenSea, and Magic Eden in daily trading volume, driven by intensified Bitcoin Ordinals trading. Meanwhile, Line Next, Line messenger's NFT venture, secures a remarkable $140 million in funding, led by Crescendo Equity Partners, as it gears up for the global launch of its NFT marketplace, DOSI, in early 2024. NFT Trader successfully recovers nearly $3 million worth of stolen Bored Ape Yacht Club and Mutant Ape Yacht Club NFTs, with the hacker returning the assets after a bounty payment of 120 Ether.

In a visionary move, Polemos co-founder Richard McLaren anticipates a future where gamers can rent in-game assets through blockchain, providing an avenue for players to explore new games without a full commitment to purchase. Meanwhile, the OKX NFT Marketplace outshines competitors, achieving a daily trading volume of around $50 million, attributed to the platform's inclusion of Bitcoin Ordinals trading, which garnered a weekly sales volume of $367 million.

On a musical note, Base blockchain collaborates with Sound.xyz, enabling artists to mint music within its ecosystem. To commemorate the partnership, the blockchain mints its first single as an NFT, titled "Based," created by artists Reo Cragun and Heno. The lyrics of the song cleverly reference the crypto ecosystem, acknowledging the resilience of those who stood by during tough market times.

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