Record $56M CryptoPunk more likely a publicity stunt, says observer
Everyone’s talking about a newly sold $56 million CryptoPunk NFT, however, the transaction isn’t what it appears to be.
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Everyone’s talking about a newly sold $56 million CryptoPunk NFT, however, the transaction isn’t what it appears to be.
The Ether whale started selling tokens on Sept. 16, with over $38 million in ETH still in its wallets.
A trader acquires a rare Ape-themed CryptoPunk valued at $1.5M for just 10 ETH using a smart contract mechanism that allows a shotgun buyout.
A group of blockchain advocates urged the United States Congress to clearly define NFTs in response to the SEC Wells notice to OpenSea.
The most expensive CryptoPunk ever purchased was transferred for an undisclosed amount on Aug. 19, causing speculation about its sale price.
Investors who purchased NFTs just a few years ago may have reason to regret their decision.
The online event will occur at 7 pm UTC and end on Aug. 22.
