Seven NFTs Lose a Collective $29.6 Million in a Year
Are they cautionary tales or aspirational acquisitions?
Are they cautionary tales or aspirational acquisitions?
In the weird wide world of non-fungible tokens (NFTs), there’s nothing quite as punk as owning a CryptoPunk. A status symbol, a piece of internet history, and an unspeakably valuable asset, CryptoPunks may be the most important NFT collection there is. As a project inexplicably intertwined with the growth of the Ethereum blockchain, CryptoPunks is…
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It’s time for everyone to wake up from the dream of decentralized immunity to regulatory powers. While the fight against centralization and the advocation of anonymity has long characterized the NFT space, throughout 2022 the United States Securities Exchange Commission (SEC) has made it clear that crypto and NFT regulation is imminent. With the recent…
Yuga Labs, the parent company and creator of Bored Ape Yacht Club (BAYC), announced the highly anticipated return of its massive in-person event, ApeFest 2023, which will be taking place in Hong Kong from November 3 to November 5. Despite the overall NFT market decline, including the drop in value of the BAYC and Mutant…
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