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The Stoxx Europe 600 index fell further to 1%, hitting a new intraday low.June 26 – The 33rd meeting of the China-Russia Joint Committee on Border Affairs was held in Moscow from June 24 to 25, 2026. The meeting was co-chaired by Sun Hongliang, Minister-Counselor of the Department of Boundary and Ocean Affairs of the Ministry of Foreign Affairs of China, and Kozlov, Ambassador-at-Large of the Ministry of Foreign Affairs of Russia, who was the chief representative of the Chinese side. Representatives from the foreign affairs, defense, customs, water resources, and immigration departments and local governments of both countries participated. Both sides spoke highly of bilateral relations, fully affirmed the achievements in border management and cooperation, and exchanged in-depth views and reached broad consensus on the implementation of the Agreement on the Management System of the China-Russia Border, border control and law enforcement cooperation in border areas, border management, port cooperation, and cross-border water cooperation. Following the meeting, both sides signed the meeting minutes.On June 26, President Xi Jinping signed Presidential Decrees No. 77, 78, and 79. Decree No. 77 states that the revised Trademark Law of the Peoples Republic of China, adopted at the 23rd meeting of the Standing Committee of the 14th National Peoples Congress on June 26, 2026, is hereby promulgated and will take effect on January 1, 2027. Decree No. 78 states that the Decision of the Standing Committee of the National Peoples Congress on Amending the Certified Public Accountants Law of the Peoples Republic of China, adopted at the 23rd meeting of the Standing Committee of the 14th National Peoples Congress on June 26, 2026, is hereby promulgated and will take effect on January 1, 2027. Decree No. 79 states that, according to the decision of the 23rd meeting of the Standing Committee of the 14th National Peoples Congress on June 26, 2026, Guan Zhiou is removed from the post of Minister of Natural Resources.June 26 – Royal Bank of Canada remains optimistic about the medium- to long-term outlook for gold, believing that the “currency devaluation trade” still has room for further development. “We believe there could be more buying at $4,000 per ounce and below, but more importantly, the broader theme of the ‘currency devaluation trade’ remains intact,” said Chris Louney, commodities strategist at RBC. “In the long term, given concerns about issues such as rising government debt, we believe the drivers for gold remain in place.”On June 26th, Shenghe Jingwei announced that its first board of directors fourth meeting and the second extraordinary shareholders meeting of 2024, held on November 20th, approved the "Proposal on Investing in the Construction of Shenghe Jingweis Lingang Advanced Packaging Production Line Project," agreeing to invest in the construction of the Dongsheng Hexin 3D Integrated Chip Manufacturing (Phase I) project. The total investment for the project is approximately RMB 10 billion, with the final investment amount subject to actual project input. The company will invest as needed based on the projects progress. Currently, the project is actively preparing for various pre-construction matters, and construction will officially commence on June 29th after completing the relevant procedures in the coming days.

The NBA’s Playoffs NFT Drop Gets Hit with Exploit

Cameron Murphy

Apr 22, 2022 09:43


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The National Basketball Association (NBA) issued 18,000 Ethereum-based NFTs on Wednesday.


Users took advantage of the dip due to poor coding by wiping up the 18,000 NFT collection.


To accommodate supporters, the NFT has raised the collection from 18,000 to 30,000.


NFTs and the sports world have had a fantastic 2022. As sports attempt to leverage on Web3 to boost fan engagement, team and player interest in NFTs and the metaverse has risen.


Sports teams in the United States, such as the NFL and NBA, have been at the forefront of innovation.


Both have had success with their NFT markets, which provide incentives for more participation during important athletic events.


The NBA released 'The Association,' an 18,000 NFT drop to commemorate the NBA playoffs, on Wednesday.


The NBA's Hotly Anticipated NFC Collection 'The Association Launch' is Targeted by Exploit.


An exploit was discovered on Thursday, according to the newly created NBA Discord. The NBA introduced 'NBAxNFT,' a discord to let the NBA community to participate in Web3 discourse, last week.


The Discord, which has 59,592 members, has been useful as the NBA attempts to control the problem.

The NBA Disclosed the Exploit on NBAxNFT on Thursday

"We are aware of the smart contract concerns that led the Allow List supply to sell out early. We regret for the inconvenience and are working to locate the wallets on the Allow List that were unable to mint as a consequence."


The Association collection was made available to early NBAxNFT members through a "Allow List."


Early Discord users were able to attach an Ethereum wallet to their account and reserve one NFT per wallet.


Individual users were able to mint up to 100 NFTs due to a technical error, which they subsequently sold on the OpenSea marketplace.


On OpenSea, there were 17,093 NFTs from The Association collection with 9,100 owners and a floor price of 0.193 ETH at the time of writing.


The NBA put a halt to the drop an hour later, announcing that the amount of NFTs in the collection will be increased to 30,000.


The NBA's scam-alerts page on Discord, on the other hand, reveals that fraudsters were still a problem overnight. The Discord offered fake website URLs announcing the mint's restart.


The NBA has not been discouraged from completing The Association drop, despite the fact that the American team is well-versed in the NFT sector.

The NBA's Flagship NFT Marketplace Remains Top Shot

In 2020, the NBA and Dapper Labs will launch the NBA NFT marketplace Top Shot. Since then, the NBA has used NBAxNFT and The Association collection to increase fan interaction.


NBA clubs have also begun to sell postseason merchandise. The Golden State Warriors (GSW) released a 2022 playoff NFT collection on the FTX NFT marketplace earlier this week.


The Golden State Warriors 2022 Playoff NFT Collection is a limited edition of 2,000 NFTs that were created on the Solana (SOL) blockchain using FTX and were randomly allocated.


Despite the addition of new collections, NBA Top Shot is expected to remain the primary NFT marketplace.


It's unclear if the current exploit will have an influence on Top Shot activity. The harm would be limited if the situation could be resolved quickly.