Ethereum News by Thebittimes.Com

Over the past few weeks, CryptoPunks non-fungible token collection has seen increased trading sales volume, with some of its rare tiers selling for millions of dollars. But, a surprising turn of events, a CryptoPunks NFT collection, with a recent high bid of 600 ETH, has just sold for just 10 ETH. In this article, we shall explore what might happen to this NFT in detail. Punks #2386, worth $1.5M, Sells For Just $23K Million Data compiled by Etherscan.io, a renowned on-chain block explorer and analytics platform for the Ethereum blockchain, shows that the CryptoPunks #2386 NFT collection sold for 10 ETH worth around $23,000 a few hours ago. This collectible sale has surprised many since the same CryptoPunks NFT collection had a high bid of 600 ETH a few hours ago. Punk 2386 has a new bid of 600 ETH ($1,405,818.02 USD) placed by 0xb9eb79. https://t.co/1g0pmuZFkD #cryptopunks #ethereum pic.twitter.com/3A629r0EP0 — CryptoPunks Bot (@cryptopunksbot) September 11, 2024 Launched s...

Yuga Labs, the digital asset incubation studio and the team behind a variety of non-fungible token collections, including the Bored Ape Yacht Club and Mutant Ape Yacht Club NFTs, has successfully tested its first poker tournament on its metaverse gaming venture, Otherside. The digital asset firm tested its poker tournaments yesterday night. Yoooo this is rad! So many legends about to start a poker game in the @OthersideMeta. @GordonGoner @_PPMan_ @TomatoBAYC @CapetainTrippy @mfigge @AdamWeitsman @osf_rekt @CryptoGarga just to name a few. https://t.co/k1Youmb1S9 pic.twitter.com/dCICqMtdK0 — BaronVonHustle.eth 🍌 (@TheeHustleHouse) August 21, 2024 Yuga Labs Tests First Poker Contest In The Otherside Metaverse In an August 22 blog post, Yuga Labs, through its Otherside X account, confirmed that it has successfully tested its first poker tournament on Otherside. Capetain Trippy, an NFT investor and ApeChain advisor, has emerged as the winner in the recent poker tournamen...

On Tuesday it was revealed that the U.S. Securities and Exchange Commission was investigating Yuga Labs—the creator of the NFT collection Bored Ape Yacht Club—over the sales of its digital assets. Notably, the SEC is looking into whether certain NFT tokens are similar to stocks and if they should be subjected to the same disclosure rules. Alongside, the regulator is also examining the distribution of ApeCoin. Bored Ape Yacht Club NFTs and Apecoin typically exhibited an outright ‘ monkey see, monkey do ‘ reaction post the said revelation. This article will break down and examine the same. BAYC Most statistics related to BAYC’s sales numbers seemed to be dented at press time. Data from CryptoSlam brought to light that the sales volume of the said NFT collection dropped by close to 26% over the past 24 hours. Simultaneously, the number of transactions executed also dropped by around 44%. For reference, BAYC ’s counterpart MAYC—on the other ...