En Eff Tee News – March 27, 2023
🤕 Ouch. Jeffrey Huang, a.k.a. Machi Big Brother in the crypto world, has reportedly suffered losses of up to 2,400 ETH ($4.2 million) while attempting to farm tokens on the Blur NFT exchange. Huang is said to have engaged in ‘farming wars’ on Blur, buying and selling large amounts of blue-chip NFTs to collect Blur tokens. He has claimed 1.85 million Blur tokens so far, selling them all at an average price of $0.71. Huang also allegedly made the biggest NFT dump in history, selling over 1,000 NFTs for 11,680 ETH ($20.6 million).
💍 Luxury fashion brand Gucci has announced a partnership with Yuga Labs, the creators of the Bored Ape Yacht Club ($BAYC). This collaboration is expected to yield unique digital and physical products, further strengthening the connection between traditional fashion, art, markets, and NFTs.