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NFT Update: a16z Crypto opening London office; $367k Fidenza; plus Market Overview

1 min read  ·  12 Jun 2023

Tyler Hobbs, 'Fidenza #158', courtesy of the artist.

News

  1. Venture capital firm Andreesen Horowitz (a16z) is opening its first international office in London later this year, which will focus on the firms’ crypto investments.
  2. Crypto tax and compliance platform TaxBit has laid off 80 employees, 40% of its workforce.
  3. Fidenza #158 was purchased for 212 ETH ($367k).
  4. Avalanche developer Ava Labs has launched a new blockchain onboarding platform for game studios, called Arcad3.

Data

  1. The Top 3 NFT Sales over the past 24 hours were Fidenza #158 for 212 ETH ($367k), CryptoPunk #5580 for 64 ETH ($111k), and CryptoPunk #4338 for 58 ETH ($101k).
  2. The Top 3 NFT Collections by Volume over the past 24 hours were Bored Ape Yacht Club with $7.8m (+5%), Azuki with $2.8m (-19%), and Mutant Ape Yacht Club with $2.4m (-33%).
  3. The Top 3 NFT Marketplaces by Volume over the past 24 hours were Blur with $17.2m (-13%), OpenSea with $4.6m (+12%), and Immutable X Marketplace with $1.1m (+31%).
  4. The Total Crypto Market Capitalisation is $1.09t, a 1% increase over the past 24 hours.