Azuki · 336

Worth over $500,000, White Hat team rescues 66 NFTs from Flooring Protocol

Comparing news, Solidity security researcher Quit revealed the details of the Flooring Protocol vulnerability incident, saying that the attackers used ownership verification flaws in BT404 style accounting logic to construct a “ghost ownership” state, and combined multiple integer underflow vulnerabilities to obtain unlimited FPToken balances, eventually selling tokens and draining the protocol's liquidity. Quit said that after discovering another attack path that could affect more pools of funds, it launched a white hat rescue operation with several security researchers to transfer assets from the vulnerable Flooring Protocol pool. In the end, 66 NFTs were rescued, including 29 BAYC, 4 MAYC, 2 CryptoPunks, 1 Azuki, 2 Elementals, 26 Captains, 1 Moonbird, 2 Doodles, and 1 BAKC, worth over $500,000. Quit reminded users not to continue depositing NFTs to Flooring Protocol and stated that the NFTs in question would be returned to their legitimate holders in the coming weeks.

75d ago

Yuga Labs CEO: White Hat Operation Against Flooring Protocol Has Been Completed, Dozens of NFTs Rescued

Comparing news, Yuga Labs CEO Michael Figge posted on the X platform that his team has just completed a white hat operation against a bug discovered in Flooring Protocol. The following assets are now safely managed by Yuga Labs: 29 Bored Apes, 4 Mutant Apes, 1 BAKC, 2 CryptoPunks, 1 Azuki, 2 Elementals; 26 Captains, 1 Moonbird, 2 Doodles. Team Vice President @0xQuit recovered these assets, and @coffeedev found the same vulnerability that placed other Flooring collections at greater risk, such as BAYC and CryptoPunks. Figge instructed the GrailsOTC trading desk to advance funds and NFTs in advance to rescue risky assets from the agreement. The team will work with the agreement developer to return the assets.

75d ago

The Block appoints former Azuki COO as new CEO, and Foresight Ventures promises an additional $10 million investment

Comparatively, The Block announced the appointment of Steve Chung, a senior media and technology executive, as CEO to drive the company's institutional expansion. Meanwhile, Foresight Ventures promised an additional $10 million investment to support its next phase of development. Former CEO Larry Cermak will continue as president, focusing on research and product business. Steve Chung began his career at Goldman Sachs, where he served as Fox's Chief Growth Officer, Fox Television's Chief Digital Officer, CJ ENM America CEO, and Azuki Chief Operating Officer. He said AI will be used to increase the depth, speed, and utility of insight to make The Block a global platform for digital asset investors and decision makers. Zac Tsui, partner at Foresight Ventures, said Steve's background in capital markets, media, and crypto makes him an ideal leader to lead the company into a global institutional platform.

117d ago
The fall of the 70 million dollar myth: How NFTs are moving from auction houses to Walmart shelves

The fall of the 70 million dollar myth: How NFTs are moving from auction houses to Walmart shelves

Author: Sanqing, Foresight News Original title: From the 70 million dollar myth to the 9 dollar doll, are NFTs really “cool”? On January 5, the NFT Paris developer conference, which was originally scheduled to be held in February, was suddenly cancelled. What used to be an all-night party on the banks of the Seine is now left with a cold official tweet: “The market crash hit us hard, and even with aggressive cost cuts, we are still unable to support it.” Five years ago, digital artist Beeple's work “Everydays: The First 5000 Days” sold at Christie's for an astronomical price of $69.3 million. Then, from tens of millions of dollars worth of CryptoPunks to countless digital collectibles endorsed by mainstream institutions, it was the golden age of NFTs. From a sky-high deal that was recorded in auction history to an industry conference that was forced to be cancelled, it took five years for NFTs to complete the complete cycle from frenzy to liquidation. Figure - Everydays: The First 5000 Days NFTNFT market supply is exploding due to an imbalance between supply and demand. According to CryptoSlam data, the supply in 2025 increased by 35% compared to 1 billion in 2024. Over the past four years, the total number of NFTs has soared from 38 million to 1.34 billion, an increase of about 3,400%. Sales are shrinking. According to CryptoSlam data, total NFT sales in 2025 were around $5.63 billion, down 37% from $8.9 billion in 2024. According to CoinGecko data, the total market value of NFTs fell from a peak of around $17 billion in April 2022 to around $2.4 billion at the end of 2025, a drop of about 86%. In 2025 alone, the total market value of NFTs shrunk from about $9.2 billion in January to the end of the year, with a drop of 68% during the year. Liquidity is diluted. As the casting threshold was lowered, the market entered a “high frequency and low price” model. According to CryptoSlam data, the average transaction price has dropped from $124 in 2024 to $96 at the end of 2025. Compared to the average transaction price of over $400 during the peak of the bubble in 2021-2022, it has fallen by three-quarters. Source: CryptoSLAM can't escape the number of former top-tier NFT projects and blue-chip NFTs. In CryptoPunks, for example, the floor price has dropped to around 30 ETH, down 78% from the 2021 peak of 125 ETH; BAYC (BAYC) fell 83% to about 5 ETH from about 30 ETH; and Azuki dropped 93% to 0.8 ETH from around 12 ETH. The platforms' collective “flight” and the trend of evolving industry leaders marked the end of this cycle. OpenSea, which once held the top position in the NFT market, dropped its monthly revenue from 50 million to 120 million dollars in the golden age of NFTs to less than 1 million dollars. As a result, OpenSea announced a transformation, and the platform will transform from a simple “NFT marketplace” to a general on-chain trading center for “trade everything” (Trade Everything), covering digital assets such as physical collectibles and tokens, and confirmed that tokens will be issued. Once at its peak, Blur's TVL continued to be at a new low, and the token price dropped 99% from its high point. Also, Magic Eden, the founder of the Solana chain, issued coins after a year of operation. Affected by the NFT market market and the implementation of bears' expectations, the platform's trading volume began to shrink, and the token price also fell by more than 98% from a high point. Even projects that can't keep up with the changing times, such as the established NFT marketplace X2Y2, have been eliminated, completely suspended, and the team has switched to the AI field. From “tokens” to “brands” everywhere, Pudgy Penguins Fat Penguins successfully bucked the trend and became a different kind of industry. Its success did not rely on complex innovation or short-term speculation in token technology, but rather gradually built a sustainable brand ecosystem that spans Web3 and traditional retail by transforming digital IP into physical consumer goods...

228d agoburnking

Project Hunt: Layer 1 Blockchain Stable is the project that has been selected the most by top players in the past 7 days

Comparative news, according to tracking data from the Web3 asset data platform RootData X, in the past 7 days, Layer 1 Blockchain Stable has been the project with the most number of X (Twitter) Top people. New X influencers who have taken the project include anonymous Twitter KOL Inversebrah (@inversebrah), crypto trader Pentoshi (@Pentosh1), and DeFi analyst Ignas ( @DefiIgnas). Also, Azuki is one of the projects with the most X Top characters.

251d ago

CreateAI, an AI agent marketplace that combines x402 payments and DAT assets, launched a limited number of 20,000 interactive minting activities

According to official news, CreateAI, an AI agent marketplace based on GMPayer's cross-chain payment hub and LazAI DAT (Data Anchored Token) standards, was officially launched today. The platform integrates the x402 instant payment protocol with DAT asset anchoring technology to provide users with a verifiable, traceable, and automatically distributed multi-chain payment experience, and aims to explore interactive expressions of AI, cultural content, and on-chain assets. CreateAI first launched AI AgentXzuki in honor of Azuki, with a limited number of 20,000 interactive mints. Users can simultaneously obtain AI-generated DAT digital works and 25,000 exclusive tokens Xzuki by interacting once with 0.1 METIS through the x402 protocol. The total number of tokens is 1 billion, of which 50% is used for liquidity allocation and 50% for ecological incentives. The platform is generated and anchored by LaZai technology, ZKM is responsible for the underlying verification, and is supported by Metis and GOAT Network ecosystems. CreateAI builds an on-chain content circulation mechanism for creation, anchoring, sharing, and trading. In the future, it will open up more stylized AI Agents to expand application scenarios for digital creation and on-chain cultural assets.

276d ago

Blue-chip NFT floor prices generally fell, and Moonbirds fell more than 21% on the 7th

Comparative news, according to Blur market data, the blue-chip NFT series floor price generally fell, including: Pudgy Penguins floor price temporarily reported 5.96 ETH, down 19.32% on the 7th; LilPudgys floor price tentatively reported 0.73 ETH, down 15.35% on the 7th; BAYC floor price tentatively reported 6.4 ETH, down 9.9% on the 7th; MAYC floor price tentatively reported 0.93 ETH, down 12.07% on the 7th; Moonbirds floor The price was temporarily reported at 2.08 ETH, down 21.44% on the 7th; Azuki floor price was tentatively reported at 1.04 ETH, down 20.29% on the 7th.

293d ago

Listed company GameSquare plans to buy $2.5 million Animecoin ($ANIME) in 1 year

According to news, NASDAQ-listed media and entertainment company GameSquare (stock code GAME) announced that it has reached a strategic cooperation agreement with the Animecoin Foundation to purchase $2.5 million worth of Animecoin ($ANIME) within one year and become the designated agency for Animecoin. The partnership aims to expand GameSquare's Web3 layout, add high-potential digital assets to its crypto treasury, and promote Animecoin's influence in the global gaming and animation market. GameSquare will also partner with Azuki to develop physical and digital products and showcase the Animecoin brand through FaZe Esports.

374d ago

Blue chip NFTs generally rose, Cool Cats rose more than 44% on the 7th

Comparative news, according to Blur market data, the blue chip NFT series generally rose, including: · Cool Cats rose more than 44% on the 7th, and the floor price temporarily reported 0.635 ETH; · Azuki rose more than 26% on the 7th, and the floor price temporarily reported 2.48 ETH; · Meebits rose more than 16% on the 7th, and the floor price temporarily reported 0.80 ETH; · Bored Ape Yacht Club rose more than 15% on the 7th, and the floor price was temporarily reported at 13.4 ETH; · Mutant Ape Yacht Club rose more than 11% on the 7th, and the floor price was tentatively reported at 1.9325 ETH; · LilPudgys rose more than 12% on the 7th, and the floor price was tentatively reported at 1.7489 ETH; · Milady rose more than 10% on the 7th, and the floor price was tentatively reported at 2.879 ETH.

377d ago

Azuki collaborates with OpenSea to release Mizuki short film ERC-1155 collection

Comparatively, according to official sources, Azuki is collaborating with OpenSea to release Mizuki short films as ERC-1155 collectibles, and related proceeds will be used to support Mizuki short film production. The first edition will be minted for 1 week, then the regular edition will be released for 6 months. The minting price is 0.0014 ETH, there is no limit on the number of wallets you can hold, and there is no whitelist required.

394d ago