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@Summer's Crypto Club

Crypto News Daily | 10th Sep

 #OpenSea #FTX

1. OpenSea bug appears to have destroyed nearly $100K in NFTs.

2. DeFi Land raises $4.1M to launch decentralized finance game on Solana.

3. FTX leans into star power with $20 million ad spot featuring Tom Brady and Gisele Bündchen.


1. OpenSea bug appears to have destroyed nearly $100K in NFTs

Reports have emerged that a bug on OpenSea's marketplace has deleted user-owned NFTs worth 28.44 Ether (ETH), nearly $100,000 at around 18 hours ago.

The information was revealed online by Nick Johnson, lead developer of Ethereum Name Service, or ENS, who reportedly lost an NFT that was linked to the first ENS named rilxxlir.eth. ENS is a naming system that allows users to store text-based content as an NFT on the Ethereum blockchain. 

While transferring the NFT from an ENS account to a personal account, Johnson noticed that the token was sent to what appeared to be a burn account. 

According to Johnson, his first interaction with OpenSea confirmed that the NFT-burning bug was introduced on the platform’s transfer page, affecting all ERC721 transfers to ENS names for the past 24 hours. 


2. DeFi Land raises $4.1M to launch decentralized finance game on Solana

Blockchain gamification platform DeFi Land has secured $4.1 million in investments to launch a new decentralized finance game on Solana, further highlighting the growing ecosystem surrounding SOL. 

The investment round had participation from over 40 investors, including some of the biggest names in blockchain venture capital. Animoca Brands, Alameda Research, Jump Capital, NGC Ventures, Solana Foundation and Gate.io were among the major investors involved.

DeFi Land operates as an agriculture simulation game designed to gamify all aspects of decentralized finance. The goal is to create educational solutions for users looking to explore DeFi or other alternative finance solutions. The platform introduces a play-to-earn model that allows users to earn income for completing tasks or reaching milestones.


3. FTX leans into star power with $20 million ad spot featuring Tom Brady and Gisele Bündchen

According to a Wall Street Journal report, Tom Brady and Gisele Bündchen are the latest celebrities talking crypto in a new FTX ad spot as the crypto exchange looks to make inroads in the US. The ad will feature in an upcoming $20 million campaign beginning during Thursday's NFL game and continuing through October. It's another investment in star power for the fast-rising crypto exchange, which days ago inked a brand ambassador deal with NBA titan Steph Curry. 

Yet despite the big topline number and star power, the ad itself, called "FTX. You In?", mentions crypto just a few times. It instea

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