ETH is officially up more than 50% on the past week. | punk9059 on Binance Square

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ETH is officially up more than 50% on the past week.

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One of Frank’s wallets sold a handful of DeGods. According to the Discord, a trading wallet of his was compromised.

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One of Frank’s wallets sold a handful of DeGods. From the Discord, it looks like a trading wallet of his was compromised.

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My view on the punks IP: 1) The IP is almost impossible to monetize. So I don't see how anyone would pay much for it. Even $20mn feels like a hefty sum for something that will be unlikely to generate much return. 2) Talking about Yuga's acquisition of the IP at a higher price, without acknowledging that they also got around 420 punks (at a time when the floor was above $200k), is missing a lot of the transaction. 3) Yuga got lambasted by the crypto community almost anytime they did antyhing more than a book or a brunch with the punks IP, neither of which were profitable for them. Just reenforcing the idea that it's not IP that's easy to monetize. 4) They kept 414 of their punks. So the bulk of the value for them is in watching the punks price rise. They had to pick someone they thought would be good for prices overall. 5) Anyone who's raised money or done deals knows one rule very clearly: people saying they would buy something and people actually writing checks are extremely different matters. Who knows what real offers were out there, especially given the low value of the IP. 6) Given the criticism they received as a corporate owning something people wanted held by a non-profit or community, this buyer makes the most sense.

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Luca says he would have bought punks for $75mn

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Today @refikanadol sold out his project "Biome Lumina" in 25 minutes. Each of the 1000 pieces cost $5k, generating $5mn. Each mint also comes with a physical 22"x44" print. Congrats to Refik and the collectors.

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Latest News

BNB Drops Below 650 USDT with a 0.44% Decrease in 24 Hours

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Ethereum(ETH) Surpasses 2,600 USDT with a 1.91% Increase in 24 Hours

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Bitcoin(BTC) Surpasses 104,000 USDT with a 1.02% Increase in 24 Hours

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BNB Surpasses 660 USDT with a 1.65% Increase in 24 Hours

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Core Inflation Indicator Expected to Reach Lowest Level Since 2021

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