Web3, June 6: $50 million earned in NFT sales, $370,000 stolen in attack, $72 million raised in game

19-year old transgender artist earns $50 million selling NFTs 

Victor Langlois is joining the list of highly successful NFT artists making six figures. The 19-year-old transgender artist has shared that he made earned $50 million in less than a year by selling his NFTs. Langlois was one of the artists whose work was sold at a Christie’s auction house in New York. His “Hello, I’m Victor” and “This Is My Life” collection, sold for $2.6 million, depicts his childhood and the journey of gender transition. 

                                                                  “Year 5, Age 18 – I Taught Myself How To Fly”

$370,000 worth of NFTs stolen in another BAYC hack

Bored Ape’s Yacht Club suffered another attack that led to 200 ETH (around $370,000) theft. 

The hack left the Discord account of BAYC’s community manager, Boris Vagner, compromised. Through Varger’s account, the hacker posted phishing links in the official BAYC and Otherside’s Discord channels.

Yuga Labs, the BAYC developer, announced that one BAYC and two Mutant Apes, worth 200 ETH (or around $370,000 at press time) in total, were stolen. 

Gordon Goner, a co-founder of Bored Apes, later criticized Discord’s security, saying it is not suitable for Web3 communities.

NFT game makes $72 million in online land sales 

An NFT game Illuvium has successfully raised over $72 million selling digital land, according to the company’s announcement, selling 19,969 out of 20,000 plots.

Illuvium is an NFT monster-battle roleplaying game where players can acquire weapons and armor in the form of NFTs that will help them in the gameplay.

The Market Minute

The crypto market is looking green today, gaining 3.16% over the past few hours. Bitcoin, the leading cryptocurrency, is trading at $31,365 with a 4.77% gain at press time. The second leading digital currency, Ethereum, rose by 2.71% and was standing at $1,912.

GMT, a move-to earn project Stepn’s token, has gone up by 6.11% after it suffered an attack on Sunday and is trading at $1.

Decentraland’s MANA has surged by 3.36%, rising to $1.01 at the time of writing.

In other headlines

SEC targets Binance’s BNB ICO for potential violations – Decrypt

Fashion houses are finding a home in the metaverse – HackerMoon

Amid crypto bear market, institutional investors scoop up Bitcoin – Cointelegraph

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