The NFT market has seen some major developments this week, with sales soaring to $85.9 million. But before we dive into the details of that surge, there’s breaking news involving a surprising incident with LEGO.
LEGO Faces a Brief Security Breach with Crypto Scam
In an unexpected turn, LEGO recently had to remove a “LEGO Coin” token scam that appeared on its official homepage after a security breach. The fraudulent promotion promised “secret rewards” for those purchasing the token, luring users with a “Buy Now” button that redirected them to a phishing site.
This scam remained live on LEGO’s website for about 75 minutes before being taken down. Although LEGO hasn’t issued a formal public statement, reports suggest the company confirmed that no user accounts were compromised during the incident, and the issue has been fully resolved.
Has LEGO Shown Interest in Crypto Before?
Interestingly, LEGO has briefly flirted with the crypto space in the past. In 2021, their social media hinted at involvement in the NFT world with a post featuring the hashtag #NFT, though the post was quickly removed. While LEGO has steered clear of further direct involvement in the crypto space, this recent scam certainly raised some eyebrows.
Back to the Main Story: The Surge in NFT Sales
Now, onto the bigger picture in the NFT market. According to recent data from Cryptoslam, the non-fungible token (NFT) market has experienced a 10.1% increase in sales volume over the past week, hitting a remarkable $85.97 million. This is a significant uptick compared to the last two weeks of September, signaling renewed activity and interest in NFTs.
Ethereum Leads the Way
Ethereum continues to be the dominant player in the NFT space, accounting for $27.48 million of the total sales volume this week. The top three collections behind this surge in sales were DMarket, Guild of Guardians, and the ever-popular Cryptopunks.
The resurgence in NFT activity has many speculating whether this could mark the beginning of another bullish phase for digital collectibles. It’s been a while since we’ve seen such a notable rise in the market, and this could be a sign of more exciting times ahead for the NFT community.
In the midst of all this serious news, it’s always good to end on a lighter note.
Why did the LEGO man refuse to buy an NFT? Well, because he didn’t want to be part of another “block” chain!
Until next time, stay safe out there, and keep an eye on the ever-evolving world of NFTs!