👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The bear market is starting to take a toll on non-fungible tokens (NFTs) as some of the most valuable collections in the space have seen their values decline due to the reduced demand in the past few months. According to data…
The investor who bought CryptoPunk #273 for more than $1 million less than seven months ago sold the NFT for $139,530 — at a massive almost 80% loss. Out of the last 10 CryptoPunks that have been sold, eight were sold at a loss. CryptoPunk #273 was sold for a paltry sum of 55 ETH…
While blockchain technology has been with us for the best part of the last decade, 2021 is unarguably the year that saw a widespread adoption of some of the use-cases of the technology like its use in crypto, non-fungible tokens (NFT) and even in decentralized finance (DeFi). One of the earliest traditional auction houses, Sotheby,…
One lucky trader has just been able to cop one of the most expensive NFTs in the space for less than 5% of its actual price. The NFT in question, CryptoPunk 7557, which is worth at least $850,00 was sold for 4.444 ETH which translates to around $19,400 yesterday. CryptoPunk sells for less than $20,000…
In what would rank as one of the most expensive sales in the history of NFTs, a CryptoPunk NFT has just been sold for over $500 million, though analysts have begun to raise questions about the legitimacy of the sale. CryptoPunk 9998 sold for over $500 million According to the CryptoPunk sales feed, the said…