Web3 News Digest

🔹H&M Launches Innovation Metaverse Design Story Collection At The Fashion Awards 2022
The Fashion Awards 2022 took place in London's Royal Albert Hall, where H’M showcased 10 looks from their new Metaverse Design Story collection. The collection is already available to buy.

🔹Chainlink opens NFT price feed oracle to expand DeFi usage
Oracle provider Chainlink announced in a Dec. 15 blog post that it is now offering floor price feeds for NFTs that will bring “high-quality price data to the NFT economy” by delivering data to developers and introducing new use cases.

🔹Singapore Becomes First City in NEXUS World Metaverse
NEXUS World, a metaverse project that includes thousands of tokenized land plots, now has its inaugural digital copy of a large city available for virtual visitors. The digital avatar of the city consists of 2,000 plots of Freehold Land NFTs.

🔹The unexpected reaction of the Fan token of the Argentine national team to the victory at the World Cup
Argentina became a three-time world champion, beating France in the final of the FIFA World Cup, which was held in Qatar. Despite the victory of the team, the fan token of the national team of Argentina (ARG) reacted by reducing the price by more than 50%.

🔹NFT Sales This Week Jumped 27% Higher, Cryptopunks Rise Above Bored Apes
On Dec. 14, 2022, statistics show that NFT sales jumped 27.72% higher than NFT sales recorded last week. The Bored Ape Yacht Club (BAYC) NFT collection captured the most sales this week, but on Wednesday afternoon, the floor value tied to Cryptopunks.

🔹Trader loses 70 ETH over bug in NFT marketplace Blur
A bug in the new bidding system of NFT marketplace Blur caused a user to lose 70 ETH by accidentally overbidding on an Art Gobbler NFT. Paradigm-backed Blur launched on October 19, branding itself as the “NFT marketplace for pro traders.

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