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NFT Update: Sotheby's 3AC auction; OpenSea insider trading case goes to trial; plus market data

1 min read  ·  20 Apr 2023

Dmitri Cherniak, Ringers #879 (The Golden Goose), courtesy of Sotheby's.

News

  1. Sotheby’s has announced it will be auctioning NFTs from the collection of bankrupt crypto hedge fund Three Arrows Capital (3AC).
  2. Layer-1 blockchain Berachain has raised $42m in a funding round led by Polychain Capital.
  3. Ethereum Name Service (ENS) has partnered with MoonPay to allow users to purchase its .eth Web3 domains with fiat currency.
  4. Nate Chastain, former OpenSea Head of Product, will go to trial next week over alleged insider trading in 2021.
  5. Staking infrastructure provider P2P.org has raised $23m in a Series A funding round.

Data

  1. The Top 3 NFT Sales over the past 24 hours were CryptoPunk #1603 for 86 ETH ($170k), CryptoPunk #6983 for 72 ETH ($140k), and CryptoPunk #6415 for 64 ETH ($125k).
  2. The Top 3 NFT Collections by Volume over the past 24 hours were CryptoPunks with $5.9m (+12%), Bored Ape Yacht Club with $4.4m (+18%), and Mutant Ape Yacht Club with $3.5m (-33%).
  3. The Top 3 NFT Marketplaces by Volume over the past 24 hours were Blur with $27.7m (+7%), OpenSea with $7.1m (-1%), and X2Y2 with $1.4m (-11%).
  4. The Total Crypto Market Capitalisation is $1.26t, a 1.1% decrease over the past 24 hours.