Tracking New Developments of the Azuki Incident
The series of events triggered by the release of the Azuki Elementals series is continuing to escalate, with tensions between the community and the project intensifying, and even the NFT sector is facing serious setbacks.
16:22 NFT Survival Reflection: Where is Azuki headed after the breach of trust?
Voices claiming that the narrative of PFP has reached its end are emerging one after another. This article will revisit the history of Azuki to reflect on the factors behind Azuki's past success and the issues that PFP needs to address at this stage.
10:24 The Azuki community voted to decide not to change the background metadata of Elementals
According to ChainCatcher news, the official announcement states that the voting on updating the Elementals background metadata for Azuki has concluded. There were a total of 4,416 valid votes, of which 3,838 were against, accounting for 86.9%. Support votes totaled 578, accounting for 13.1%. Therefore, Azuki will not change the Elementals background metadata. (source link)
12:19 Data: Azuki floor price rebounds, with a 24-hour increase of about 22%
ChainCatcher news, OpenSea data shows that the prices of the Azuki series NFTs have rebounded, with the Azuki floor price currently reported at 6.89 ETH, a 24-hour increase of 22%; the Azuki Elementals floor price currently reported at 1.0799 ETH, a 24-hour increase of 37%; and the Beanz floor price currently reported at 0.426 ETH, a 24-hour increase of 20%. (source link)
17:50 The AzukiDAO governance token contract has been attacked, and two attackers have profited 35 ETH by exploiting the vulnerability
ChainCatcher news, according to monitoring by MetaSleuth, the governance token contract of AzukiDAO has been attacked due to a vulnerability, with two attackers profiting 35 ETH from the exploit. (Source link)
12:11 Data: In the past 24 hours, Huang Licheng has accumulated 84 Azuki, becoming the second largest holder of this NFT
ChainCatcher news, according to Lookonchain monitoring, in the past 24 hours, the address of Huang Licheng, machibigbrother.eth, has accumulated 84 Azuki, becoming the second largest holder of Azuki. He spent 646 ETH to buy 108 Azuki, with an average purchase price of 5.98 ETH; he sold 24 Azuki at a price of 133.5 ETH, with an average selling price of 5.56 ETH. (source link)
11:26 Not Larva Labs founder: has criminal information about Azuki founder and is willing to testify in court
ChainCatcher news, NFT market Not Larva Labs founder PAULY (Jeremy Cahen) tweeted, "I am willing to help the Azuki community take legal action against Azuki founder Zagabond."PAULY stated, "He is a pathological liar or a serial criminal. My colleagues and I have spent over a year tracking him down to recover the $3 million he scammed. He and his team fraudulently extracted over $100 million from our community. I would be happy to testify about all of this in court; it would be my honor. I also have complete personal information on many team members involved in these scams."Previously, ChainCatcher reported that AzukiDAO plans to sue founder Zagabond and recover a refund of 20,000 ETH. AzukiDAO and 20000E DAO were established by some former core builders of the Azuki community and Azuki holders and are not affiliated with the Azuki project team. (source link)
11:01 The price of the Azuki series NFTs continues to decline, with Azuki dropping over 15% in 24 hours
ChainCatcher news, according to Blur market data, the prices of Azuki series NFTs continue to decline, among which: the floor price of Azuki is currently reported at 5.45 ETH, with a 24-hour drop of 15.50%; the floor price of Azuki Elementals is currently reported at 0.7777 ETH, with a 24-hour drop of 16.38%; the floor price of Beanz is currently reported at 0.355 ETH, with a 24-hour drop of 5.17%. (source link)
21:06 Data: Affected by the price decline of blue-chip NFTs such as Azuki and BAYC, BendDAO's TVL experienced a daily drop of 43.02%
ChainCatcher news, according to DeFiLlama data, affected by the price decline of blue-chip NFTs such as Azuki and BAYC, several NFT lending protocols experienced significant drops in TVL within a day, including: BendDAO Lending TVL with a daily drop of 43.02%; ParaSpace Lending TVL with a daily drop of 13.07%; Blur Lending TVL with a daily drop of 29.51%.Additionally, according to NFTGo.io data: the floor price of Azuki series NFTs is currently reported at 6.46 ETH, with a 24-hour drop of 17.04%; the floor price of BAYC series NFTs is currently reported at 31.07 ETH, with a 24-hour drop of 12.07%; the floor price of MAYC series NFTs is currently reported at 5.47 ETH, with a 24-hour drop of 15.45%. (source link)
17:25 AzukiDAO plans to sue founder Zagabond and reclaim a refund of 20,000 ETH
ChainCatcher news, AzukiDAO has initiated several motions in a proposal titled "Hire a Lawyer to Help the Community Recover 20,000 ETH from Zagabond":Hire a lawyer and file a lawsuit against Azuki project founder Zagabond, accusing him of rug-pulling multiple projects;Recover a refund of 20,000 ETH from the Azuki team and allocate it to the DAO to promote the development of the entire Azuki community, providing rewards and incentives for artists, content creators, and builders;Azuki DAO provides funding support for 20000E DAO, which will be used to establish a litigation research group.It is reported that AzukiDAO and 20000E DAO were established by some former core builders of the Azuki community and Azuki holders, and are not affiliated with the Azuki project team. (source link)
09:40 Azuki prices continue to decline, and the floor price of the new series Elementals has fallen below 1 ETH
According to ChainCatcher news and data from NFTGo, the Azuki series NFTs have generally experienced a sharp decline, with the Azuki floor price currently reported at 6.45 ETH, a 24-hour drop of 16.02%; the Azuki Elementals floor price currently reported at 0.95 ETH, a 24-hour drop of 19.49%; and the Beanz floor price currently reported at 0.3838 ETH, a 24-hour drop of 10.37%. (Source link)
