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Author: Zen, PANews The NFT pioneer CryptoPunks has officially changed hands again after being sold to Yuga Labs, the developer of BAYC. On the evening of May 13, CryptoPunks, an iconic work of NFT and crypto art, officially changed hands – a foundation called Infinite Node (NODE) acquired it from Yuga Labs. Although the terms of the transaction have not yet been disclosed, according to the media NFT Now citing multiple insiders, NODE paid about $20 million for the acquisition. Influenced by this news, the floor price of CryptoPunks also rose from 42 ETH to 47.5 ETH. CryptoPunks and their new “home” NODE CryptoPunks, the ancestor of NFTs, was launched by Larva Labs in 2017 and is widely regarded as a catalyst for the modern digital art movement. Larva Labs…# Analysis# crypto# defi# Exchange# MarketPre
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- Although 2025 is hailed as the Year of Stablecoins, key legislation is expected to be successfully implemented, and Circles IPO has recorded an astonishing increase of more than 500%, upon closer i...