News with the tag "cryptopunk"

From network tokens to meme coins, a16z crypto has laid out a framework to help businesses navigate the evolving crypto landscape. What is a cryptocurrency? According to Wikipedia’s definition, it is a digital currency designed to work through a computer network that is “not reliant on any central a...

Last week, the US-based collecter Kanbas purchased Sam Spratt’s unique NFT artwork for $3 million. This purchase marks the biggest non-fungible token sale in three years and indicates a potential shift in the market. Sam Spratt’s “X.Masquerade” (Source: Kanbas, X) The artwork titled X.Masquerade is ...

A DAO proposal to transfer CryptoPunks IP to the community gains attention amid growing discontent over Yuga Labs’ rumored plans.

The floor price of CryptoPunks NFTs surged nearly 15% in just three hours on January 14. The price movement was driven by speculation that Yuga Labs, which owns the collection, might be selling CryptoPunks’ intellectual property (IP) rights. The False Statements These rumors were apparently started ...

The floor price of CryptoPunks, one of the most iconic non-fungible token (NFT) collections, spiked 13% within three hours on January 14, following rumors that Yuga Labs might sell the intellectual property (IP) rights associated with the collection. The speculation originated from an X post by “Wal...

Yuga Labs hasn’t confirmed or denied rumors that it is selling the IP rights to CryptoPunks, the world’s most valuable NFT collection.

Yuga Labs may be in the process of selling the intellectual property rights to the Crypto Punks collection. The top NFT collection became the property of Yuga Labs in 2022, retaining its status as an exclusive club. Rumors are circulating about an eventual buyer of intellectual property rights for t...

Pudgy Penguins’ native token, PENGU, has joined the ranks of the best-performing assets after registering a 13% climb. At the time of writing, the token is trading at $0.049, up by 250% since it was launched on December 17. According to CoinGecko, the token presently has a market capitalization of $...

Pudgy Penguins recorded $25 million in sales, while CryptoPunks had a weekly volume of $16.5 million.

After months of slowdown, the NFT market now shows signs of recovery with a 22% increase in trading volume as of November, boosted by prices and high activity in blue-chip collections. The market of non-fungible tokens seems to be showing signs of recovery, with an over 20% surge in trading volume i...