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NFT Update: Fidenza frenzy after $1m sale; 3AC collection fetches $2.4m at Sotheby's; plus successful launch for Pudgy Toys

1 min read  ·  22 May 2023

Tyler Hobbs, 'Fidenza #725', courtesy of Sotheby's.


  1. NFTs from the collection of bankrupt crypto hedge fund Three Arrows Capital (3AC) sold for a combined $2.4m at auction at Sotheby’s.
  2. Tyler Hobbs’s Fidenza #725, part of 3AC’s collection, sold for over $1m – nearly 5 times its high estimate.
  3. Pudgy Penguins Toy Line generated over $500k in revenue in the 48 hours after it launched on Amazon last week.
  4. NFT marketplace SuperRare is launching a two-month exhibition at a pop-up gallery in New York that will feature works form over 20 NFT artists.
  5. Gaming-focused crypto wallet Openfort has raised $3m in a seed funding round.


  1. The Top 3 NFT Sales over the past 24 hours were Fidenza #590 for 65 ETH ($118k), Fidenza #970 for 65 ETH ($116k), and Fidenza #109 for 64 ETH ($116k).
  2. The Top 3 NFT Collections by Volume over the past 24 hours were Mutant Ape Yacht Club with $8.2m (+278%), Milady Maker with $3.4m (-27%), and CryptoPunks with $2.6m (+6%).
  3. The Top 3 NFT Marketplaces by Volume over the past 24 hours were Blur with $21.3m (+4%), OpenSea with $6.7m (+28%), and X2Y2 with $1.5m (+295%).
  4. The Total Crypto Market Capitalisation is $1.17t, a 0.1% decrease over the past 24 hours.