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Top related persons:
Sotheby's - 2 Holly Peterson - 1 Peterson - 1 riche - 1 NFTs - 1 Sotheby’s - 1 Leonardo da Vinci - 1 Greg Solano - 1
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sweatpants New York City Wall Silicon New York
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Twitter - 1 Radio City Music Hall - 1 Yuga Labs - 1 ETH - 1 Yacht - 1 CryptoPunks - 1 Service - 1 Agerpres - 1

Search resuls for: "CryptoPunks"


10 mentions found


☆ The Night That Sotheby’s Was Crypto-Punked
  + stars: | 2024-05-18 | by ( Zachary Small | ) www.nytimes.com   time to read: +1 min
It would have been the greatest insult to rock the Upper East Side on any normal night, but instead the private equity heir Holly Peterson could only laugh. Why had a Sotheby’s official denied her access to a bidding paddle? In February 2022, Ms. Peterson, an author and art collector, was surrounded by a new clientele: the crypto nouveau riche, who made a temporary home of the art market. It was supposed to be another banner evening for the booming art market, where NFTs had come to represent almost half of the industry’s $65 billion valuation in only a couple of years. They were estimated to sell for $20 million to $30 million, and, for the first time, Sotheby’s had devoted a major sale to just a single lot of NFTs.
Persons: Holly Peterson, Peterson, riche, NFTs, Sotheby’s, Leonardo da Vinci Organizations: Twitter Locations: sweatpants
☆ Bored Ape Yacht Club NFTs sold for millions in 2021—prices have dropped 90% since then
  + stars: | 2024-05-02 | by ( Cheyenne Devon | ) www.cnbc.com   time to read: +2 min
A person walks by Bored Ape Yacht Club NFT characters inside Radio City Music Hall during the 4th annual NFT.NYC conference on June 21, 2022 in New York City. Yuga Labs, the creator of the viral Bored Ape Yacht Club non-fungible tokens, announced a new round of layoffs on Friday as the NFT frenzy appears to cool. But despite Bored Ape Yacht Club's substantially lower floor price, the NFT market is still showing some signs of life. How YugaLabs got startedYugaLabs' Bored Ape Yacht Club collection launched in April 2021 with 10,000 NFTs depicting the cartoon apes with various colors, clothing and facial expressions. The startup went on to release several other NFT collections, including Mutant Ape Yacht Club and CryptoPunks.
Persons: Greg Solano, Justin Bieber, Paris Hilton, Sotheby's, YugaLabs Organizations: Radio City Music Hall, Yuga Labs, ETH, Yacht, CryptoPunks Locations: New York City
☆ Remember when NFTs sold for millions of dollars? 95% of the digital collectibles are now probably worthless.
  + stars: | 2023-09-20 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +3 min
Most NFTs are now likely worthless, less than two years after a massive bull run in the digital collectibles. A new study found 95% of over 73,000 NFT collections have a market cap of 0 ETH. Out of 73,257 NFT collections, 69,795 of them have a market cap of zero ether, based on data provided by NFT Scan and CoinMarketCap. In 2021 and 2022, the NFT market saw a huge bull run, at one point leading to $2.8 billion in monthly trading volume. Out of the top 8,850 collections by market cap, 18% are worthless, and 41% are priced at $5-$10.
Persons: dappGambl, Stephen Curry, Snoop Dogg, bitcoin Organizations: Service Locations: Wall, Silicon
☆ Cryptoverse: Punk apes and a resurrection of NFTs
  + stars: | 2023-02-14 | by ( Medha Singh | ) www.reuters.com   time to read: +4 min
The NFT market is twitching out of its torpor, defying reports of its demise. Over the past 30 days, though, OpenSea remains top with volumes of $443.98 million, versus $366 million for Blur. BITCOIN JOINS NFT PARTYIn another non-fungible development, the novel use of the bitcoin blockchain for minting an NFT collection has caused a stir among crypto enthusiasts. Bitcoin Punks is a series of monkey-themed NFTs and a derivative of the wildly popular CryptoPunks collection. Some media reports have indicated Bitcoin Punk NFT being sold for as much as 9.5 bitcoin, worth in the region of $205,000.
☆ From TerraUSD's meltdown to the collapse of a $32 billion crypto empire, here is a full timeline of the crypto market's year in 2022
  + stars: | 2022-12-31 | by ( Morgan Chittum | ) www.businessinsider.com   time to read: +7 min
Insider spoke with several crypto experts and charted the most influential events for the industry in 2022. The firm filed for insolvency in June, leading to widespread contagion. A month later, the firm filed for bankruptcy, listing $4.31 billion in assets and $5.5 billion in liabilities. The world's largest asset manager agreed to offer clients access to Coinbase's crypto trading and custody services. Radix's Epstein warned the industry must brace for more FTX contagion, but predicted crypto markets will rebound eventually.
☆ Justin Bieber bought a Bored Ape NFT in January for $1.3 million that's likely worth about $70,000 in the wake of the FTX collapse
  + stars: | 2022-11-17 | by ( Aaron Mok | ) www.businessinsider.com   time to read: +2 min
Justin Bieber's bought a Bored Ape NFT for $1.3 million in January. It's now probably worth $70,000, according to NFT Price Floor. The 95% drop in valuation comes after Sam Bankman-Fried's FTX collapsed and caused crypto prices to crash. In addition to Bored Ape, some top ethereum NFT collections are also facing lower values this month. Talk show host Jimmy Fallon, model Paris Hilton, and rappers Snoop Dogg and Eminem also own Bored Ape NFTs.
☆ Grammy-nominated DJ Steve Aoki told us he's made more money from NFTs than royalties. Here's how he says he's profited $10 million — and how Web3 can disrupt the multi-billion-dollar music industry.
  + stars: | 2022-10-11 | by ( Morgan Chittum | ) www.businessinsider.com   time to read: +5 min
Aoki was "shocked and excited" when he realized he made more from NFT sales than music royalties. NFTs can disrupt the music industry by creating a new revenue stream for artists, Blau previously told Insider. "This could facilitate a change that I've been waiting to see for most of my career as an independent artist," Blau said of tokenized music royalties. NFT earnings vs music royaltiesThe 2X Grammy-nominated artist says he's made more from NFTs than a decade of music royalties, Decrypt first reported. Aoki touts Web3, or the metaverse, as a chance for artists to truly own their work via the blockchain.
☆ Crypto parties are still raging in the bear market. Here's what it's like at Mainnet, where tickets cost $2,100 and attendees network on yachts.
  + stars: | 2022-09-24 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +6 min
Crypto enthusiasts, Web3 founders, and investors convened at Messari Mainnet in New York City this week. The tone was firmly upbeat, despite bitcoin, ether, and other digital assets struggling through a bear market. "The bear market just means more building"Nathani, like a dozen other attendees I spoke to this week, is shrugging off the crypto winter and is increasingly upbeat about what comes next. "The bear market just means more building," Brandon Rochon, lead data scientist at Covalent told Insider. Those who have been in the crypto space for long enough, he said, understand the next wave of crypto adoption is still coming, whether the economy is choppy or not.
☆ Un personaj pixelat cu chip albastru și mască a devenit al doilea cel mai scump NFT. Cu câte MILIOANE DE DOLARI a fost vândut
  + stars: | 2021-06-11 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md   time to read: +3 min
O imagine cu un personaj cu chipul albastru și care poartă mască, însoţită de noul certificat de autenticitate "NFT" ("non-fongible token"), a fost vândută, la New York, cu 11,7 milioane de dolari, devenind a doua cea mai scumpă creație digitală. Personajul realizat din pixeli a fost vândut de casa de licitaţii Sotheby's, potrivit AFP, citează digi24.ro. Fiecărui personaj din seria "CryptoPunk" i-a fost asociat un certificat de autenticitate care este teoretic inviolabil, NFT, termen care îi desemnează unicitatea. Tot joi, prima creaţie în format NFT, "Quantum", realizată de artistul newyorkez Kevin McCoy, a fost vândută la o licitaţie organizată de casa Sotheby's cu 1,47 milioane de dolari. Această operă de artă a fost creată în 2014 cu aceeaşi tehnologie ca a NFT-urilor, însă cu trei ani înainte de inventarea acestui termen.
Persons: Kevin McCoy Organizations: Agerpres, MacKenzie Locations: New York
☆ Sotheby's scoate la licitație un NFT rar din seria "CryptoPunks", imagini vândute și cu aproape 8 milioane de dolari
  + stars: | 2021-06-07 | by ( Https | Www.Facebook.Com Unimedia.Info | Igor Dodon | ) unimedia.info   time to read: +1 min
În trecut, alte imagini din seria Cryptopunks s-au vândut cu sume de până la 8 milioane de dolari. Este pentru prima dacă când o casă mare de licitații va scoate la vânzare o colecție realizată de cei mai cunoscuți artiști NFT. Cryptopunk 7523 este una dintre cele nouă imagini "Extratereștrii CryptoPunks", cele mai rare imagini de tip "Punk", dar și singurul "Extraterestru Punk" cu mască, anunță Sotheby's. La câteva ore de la începerea licitației preliminare, prețul pentru CryptoPunk 7523 a ajuns la 320.000 de dolari. Licitația va fi transmisă în direct și va avea loc pe 10 iunie.
Persons: Sotheby's
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