Noah Davis, a non-fungible token (NFT) specialist at auction house Christie’s, said he will be leaving in July to take on the role of brand owner for Yuga Labs’ CryptoPunks NFT collection.
Davis announced the move on Twitter on June 19, hoping to allay holders’ concerns about the future of one of the oldest NFT projects.
He invited the owner of CryptoPunk to discuss the future of the project with him at the NFT NYC event, saying that this new position will not affect his own NFT project.
Davis was previously responsible for the record-breaking auction of Beeple's NFT work "Everydays: The First 5000 Days," which sold for more than $69 million in March 2021.
In March, Yuga Labs acquired the CryptoPunks intellectual property from Larva Labs and said it would hand over full commercial rights to the owner, a promise that has yet to be fulfilled.
But Yuga Labs co-founder Wylie Aronow addressed the issue in a series of tweets on June 19, writing that it was "too important to rush into" and that the new terms "will roll out in the coming weeks." ".
With the Davis move announced and the new terms set to take effect, some are citing a surge in collection sales that some say insiders had prior knowledge of.
Since the announcement, CryptoPunks has generated 39 sales, with a total of 101 sales on June 19, up from 19 on June 18, according to OpenSea.
Convicted scammer 'reinvents' himself with NFTs
Convicted scam artist Anna Sorokin has launched a collection of NFTs in which she posed as "Anna Delvey," a wealthy German heiress between 2013 and 2017, defrauding her of more than $275,000.
The collection, titled "Reinventing Anna," includes 2,000 NFTs at 0.1 Ethereum (about $110) each. It was advertised as a way for "fans to interact with Anna" and to conduct private "Ask Me Anything" (AMAs) with Sorokin.
The collection will feature 20 "gold cards" that will allow holders to have one-on-one calls or interviews with the so-called "famous socialite."
The series takes its name from the Netflix miniseries "Inventing Anna," which was released earlier this year and whose theme was inspired by the Sorokin story.
In an Instagram post about the series, Sorokin wrote: "I saw the first release as an opportunity to connect directly with my audience and take control of a narrative that was largely beyond my control."
It's unclear how NFT holders will visit her in person, though. Since March 2021, Sorokin has been detained by U.S. Immigration and Customs Enforcement for overstaying his visa and faces deportation to Germany.
Duppies fan targeted by phishing scam
Duppies is an upcoming NFT item on Solana, owned by the same team as the hit "DeGods" series. On June 18, Duppies’ Twitter account was hacked, and the attacker tweeted a link to a “Stealth Forged” NFT.
The link is a phishing site where users connect their wallets and attempt to mint NFTs, all funds in their wallets are stolen. One Twitter user wrote that they lost 650 SOL, worth about $18,850, in the attack.
Following the attack, the creator of the upcoming NFT series "Frank" joined security auditor "Code Monkey" in a Twitter Space to explain how the attack occurred.
The auditor said the attackers may have accessed Duppies' Twitter account in a targeted SIM-swapping attack.
The scammers carried out the attack by contacting the mobile phone number holder's mobile provider, tricking the operator into swapping the phone number for a SIM card they control. An attacker could bypass any two-factor authentication on the account and gain access.
Other NFT News
Watchmaker TAG Heuer has released a watch that can pair with a smartphone, display an NFT on the dial, and connect to a blockchain to verify that the NFT is owned by the wearer.
Despite warnings from national authorities, the number of NFT and digital collectible platforms in China has grown five-fold since February 2022, from more than 100 to more than 500, according to local media reports.