Noah Davis, a non-fungible token (NFT) specialist at Christie’s, said he is leaving the position in July to take a lead brand position for the CryptoPunks NFT group with Yuga Labs.
Announcing the move Sunday in a Twitter thread, Davis sought to eliminate any concerns owners have about the future of one of NFT’s oldest projects, saying he “won’t be playing with the bad guys.”
He invited CryptoPunk owners to schedule a conversation with him about the project’s future at an NFT NYC event and said the new position would not take away from his NFT project.
Davis is responsible for the record-breaking auction of Beeple’s Everydays: The First 5000 Days NFT, which sold for more than $69 million in March 2021.
Yuga Labs acquired the intellectual property for the CryptoPunks group from Larva Labs in March, saying it would hand full commercial rights to their owners, a promise that has yet to materialize.
But Yuga Labs co-founder Wylie Aronow aka Gargamel spoke about the crash in a series of tweets on Sunday, writing that it was “very important for urgency” and that new terms “will be rolled out in the next couple of weeks.”
With Davis’ move announced and new terms taking effect soon, some claim insiders had prior knowledge of the information, citing the group’s growing sales volume.
According to OpenSea, 39 CryptoPunks group sales have taken place since the announcement, with a total of 101 sales on Sunday, compared to just 19 the day before, on Saturday.
Convicted scammer “reinvents” itself with NFTs
Convicted fraudster and fraudster Anna Sorokin opened the NFT Group from 2013 to 2017 pretending to be wealthy German heiress “Anna Delphi” to defraud her acquaintances and business with more than $275,000.
Titled Reinventing Anna, the pool features 2,000 NFTs for 0.1 Ether (ETH) each, or about $110 at the time of writing. It is marketed as a way for fans to “interact with Anna” and reach “Ask Me Anything” with Sorokin.
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The set will include 20 “Golden Edition cards”, which give owners the possibility to make a one-on-one phone call or a personal visit with the so-called “popular social site”.
The group’s name is a play on the Inventing Anna Netflix drama series that was released earlier this year, and its theme is inspired by the Sorokin story.
“I see this first drop as an opportunity to connect directly with my audience and take charge of a narrative that was largely out of my control,” Sorokin wrote in an Instagram post regarding the group.
However, it is not known how NFT holders will be able to visit it in person. Since March 2021, Sorokin has been detained by US Immigration and Customs Enforcement for overstaying her visa and facing deportation to Germany.
Targeting Duppies followers in a phishing scam
Duppies, an upcoming Solana NFT project from the same team as the popular DeGods group, had its Twitter account hacked on Saturday, with the attackers tweeting a link to the NFTs.
The link was a phishing website, and users who linked their wallets and tried to mint cash had all the money in their wallets drained. One Twitter user wrote that he lost 650 Solana (SOL), worth about $18,850, from the attack.
In the Twitter Spaces after the attack, the creator of the upcoming group known as Frank joined forces with Security Checker Code Monkey to explain how the attack happened.
The auditor said the attacker most likely accessed the Duppies Twitter account in a SIM swap attack.
The attack is operated by scammers who contact the phone provider of the mobile number holder and deceive the carrier into swapping the mobile number for the SIM card under their control. From there, the attacker can bypass any two-factor authentication on the account and gain access to it.
More stylish news
Watchmaker TAG Heuer has released a watch that can pair with a smartphone to show the NFT on the watch face and also connect to the 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 seen a fivefold increase since February 2022, rising from more than 100 to more than 500, according to local state-owned media.