Tag: cryptopunk

And a rare CryptoPunk #3100 just sold for 4,000 ETH, over $7 million. This famous NFT from the CryptoPunk collection is currently valued at about $6.08 million at today’s market prices. This figure is among the largest seen in the NFT space. While still a notable amount, it represents a...

Waylon Wilcox, a Conshohocken, Pennsylvania man, pleaded guilty to multiple counts of filing false tax returns. He neglected to report the hundreds of millions in income he made from selling CryptoPunk NFTs. Wilcox now faces the prospect of many years in a federal prison, supervised release, and up to $500,000...

CryptoPunk #3100 sold for 4,000 ETH, resulting in a loss since its prior purchase for 4,500 ETH. This news should come as a blaring klaxon, an alarm warning us that all is not well, rather than a brand new surprise. It’s a cruel but important lesson on the perils of...

It wasn’t long ago that the NFT market was the Wild West of the digital ownership frontier. It has come down dramatically from its high water mark of 2021. Perhaps the most dramatic testament to this transformation was the recent $7.6 million sale of CryptoPunk #3100, one of the rarest...

CryptoPunk #3100, one of the rarest NFTs from the famous CryptoPunks collection, has been resold for 4,000 ETH. This one transaction has now cost the former owner well over 10 million dollars. In addition to that 16 million dollar initial purchase price, this NFT sale illustrates how the NFT market...

As much as one year after he purchased CryptoPunks #3100 for 4,500 ETH – the equivalent of about $16 million at the time – Non-Fungible Token (NFT) whale sold it recently for 4,000 ETH. That’s the same as $6.04 million. This transaction ended up being a huge loser—it cost the...