Cryptopunk flash loan
In October 2024, a single NFT transaction was made for 124,457 Ether (US$532 million at the time of the sale) regarding CryptoPunk #9998, much higher than all previous NFT sales, leading to speculation on social media that this could have been some kind of scam, a security exploit or money laundering. Larva Labs said that the purchase was made with a flash loan where the NFT's owner bought the item from themselves with borrowed money, taking out and repaying the loan … WebOct 30, 2024 · CryptoPunk #9998 has sold for 124k ETH, worth $532 million at the time of sale. The sale turned out to be a flash loan purchase in which the seller purchased his …
Cryptopunk flash loan
Did you know?
WebOct 29, 2024 · A CryptoPunks NFT apparently sold for $532 million worth of ETH tonight. Larva Labs says it was due to someone playing around with flash loans, and isn’t … WebOct 29, 2024 · A CryptoPunk non-fungible token (NFT) was just sold for a staggering $530 million on Thursday. The purchase makes it the largest ever sale recorded not just in the NFT-sphere, but in all of the world’s art history combined. The more than half a million art purchase has shocked the crypto and NFT world.
WebJul 6, 2024 · All that said, CryptoPunks aren’t cheap these days. Everyone wants one. According to the Larva Labs marketplace, the cheapest Punk on sale right now is priced at ~17.5 ETH (~$38,500 as of writing). That sort … WebOct 29, 2024 · Someone made a flash loan purchase of CryptoPunk #9998 from themself for 124.46K ETH. How’s that for an on-chain NFT stunt? CryptoPunks Bot @cryptopunksbot Punk 9998 bought for 124,457.07 ETH ($532,414,877.01 USD) by 0x9b5a5c from 0x8e3983. larvalabs.com/cryptopunks/de… #cryptopunks #ethereum 11:52 PM ∙ Oct 28, 2024 …
WebOct 29, 2024 · The sale of CryptoPunk #9998 in the last 24 hours for over 500 million dollars via a flash loan has some crying fraud. Others see it as smart kids playing with financial … WebOct 29, 2024 · Oct 29, 2024, 5:04 AM CryptoPunks Rokas Tenys A CryptoPunks NFT sold for $532 million, but it was paid for with borrowed money that was instantly repaid, Larva …
WebFeb 28, 2024 · How Do You Buy a CryptoPunk? It’s easy to buy a CryptoPunk, if you can afford their prices. Here are the steps: Step 1: You first convert your cash into ETH and send it to your digital wallet,...
WebOct 29, 2024 · It was promptly put up for sale again for more than $1 billion. CryptoPunk creator Larva Labs addressed the ‘sale’ on Twitter, pegging it as a flash loan. “This … orca flightsWebDec 19, 2024 · Flash loans are a complicated decentralized finance tool, but the gist of it is they allow you to loan huge sums of cryptocurrency only if the criteria of a smart contract … ips disney ownsWebJun 24, 2024 · The price of CryptoPunks ranges from about $77,600 to $1.2 million in ethereum. Purchasing Strategies CryptoPunks positions can help diversify investors’ cryptocurrency portfolios. However, some investors use purchasing CryptoPunks as a gambling strategy. orca flipping great whiteWebOct 29, 2024 · A flash loan is a decentralized finance tool used to loan notable amounts of crypto based on smart contracts. Then, the buyer used a different wallet to buy his own … ips display benefitsWebNov 2, 2024 · A CryptoPunk, #9998 was officially sold for 124,457 ETH, which at the time of the transaction, worked out to about $532 million. In a note on the blockchain, the buyer … orca flips sealWebAug 9, 2024 · To date, the total value of all lifetime sales is $1.21 billion. The lowest-priced CryptoPunk currently for sale is a female CryptoPunk with two attributes — stringy hair and nerd glasses — for 66.95 ETH, or $ 105,647. In terms of bidding, the average offer to purchase a CryptoPunk was set at 87.11 ETH, or $ 137,458. orca flywoodWebAug 23, 2024 · Visa has reportedly bought one of the popular CryptoPunk NFTs, many of which have fetched over a million dollars in the auction. The payment processing giant has spent $150,000 for the digital CryptoPunk 7610. Visa didn’t directly pay for the avatar and did so in partnership with Anchorage. orca flipping seal