Sotheby’s, the luxury auction house, successfully generated $2.5 million through the sale of non-fungible tokens (NFTs) from the now-defunct crypto hedge fund Three Arrows Capital (3AC). Among the sold pieces was Fidenza #725, a digital collectible crafted by the artist Tyler Hobbs. This Fidenza #725 NFT commanded an auction price of over $1 million during…
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On February 8, the multinational luxury auction company Sotheby’s announced the firm would be auctioning 104 Cryptopunk non-fungible token (NFT) collectibles, but before the event started Sotheby’s canceled the event. It seems “0x650d,” the owner of the Cryptopunks NFTs, decided to keep the assets that were estimated to fetch around $20 to $30 million at…
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On Tuesday, the British-founded American multinational luxury auction company Sotheby’s, headquartered in New York City, announced the auction house is planning to auction a lot of 104 non-fungible token (NFT) Cryptopunks. The lot of 104 NFTs is predicted to fetch around $20 million to $30 million in USD value, according to Sotheby’s. Sotheby’s ‘Punk It!’…
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