NFTs are officially not dead. CryptoPunk #7804, one of just nine Alien Punks in the influential Ethereum NFT collection, traded hands for 4,850 ETH on Wednesday March 20, afternoon, or $16.42 million at the time of the sale. That makes it the second-largest CryptoPunks sale ever whether measured in ETH and USD. The sale comes just weeks after another Alien Punk (#3100) sold for 4,500 ETH, which was worth $16.03 million worth at the time of the transaction on March 3.
As with that purchase, the buyer of this latest Punk has yet to be publicly identified. The Ethereum wallet used for the purchase was funded for the first time Wednesday March 20, via Coinbase.
However, the seller of Punk #7804—who purchased it in 2021 for 4,200 ETH, or $7.57 million at the time—posted a message on Twitter, lamenting that they did not “elevate” the profile of that particular Punk during their time holding it.
Cypherpunk Technologies is expanding its massive bet on Zcash by launching what it calls the…
MapleStory Universe is putting artificial intelligence in the hands of game creators with the launch…
Kalshi is making another major move beyond prediction markets, filing with the Commodity Futures Trading…
Coinbase is bringing high-leverage decentralized derivatives directly into its Base App through an integration with…
Hong Kong's first regulated Hong Kong dollar stablecoin is moving beyond testing and into real-world…
Cybersecurity researchers at Rapid7 have uncovered a sophisticated crypto fraud operation that used nearly 885,000…