Cryptopunk flash loan

Author: hjvr

August undefined, 2024

WebAug 2, 2024 · On October 29, 2024, it was reported that a CryptoPunk NFT sold for a staggering $530 million - making it the most expressive NFT ever. However, Cnet reports that it most likely cost a lot less then that due to a clever transaction method called flash loans. Jeweller Tiffany & Co. also began selling CryptoPunk pendants in 2024. WebAug 2, 2024 · On October 29, 2024, it was reported that a CryptoPunk NFT sold for a staggering $530 million - making it the most expressive NFT ever. However, Cnet reports …

NFT wash trading explained - WhatIs.com

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 · 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 … cincinnati rooftop bars with music

Individual buys CryptoPunk NFT from themselves for record

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 … WebFeb 14, 2024 · CryptoPunks NFT 5822, one of only nine alien Punks, sold for 8,000 ether worth $23.7 million on Saturday. It set a new sales record at double the $11.8 million price for a CryptoPunks NFT last... WebOct 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 … dhs volunteer force border

CryptoPunks NFT Price Analysis - 2024 Price Predictions

The $500 Million Sale That Turned Out Fake – Top 10 NFT Sales

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 … WebDec 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 … dhs volunteer force answering the call dhs volunteer force

"WebFeelTheFish. · 6 mo. ago. This is step-by-step how it was done: Create a listing for X ETH with one contract (Contract A) Ask for a flash loan with another contract, buy the NFT (Contract B) Pay the NFT with the big-ass loan. Give back the money from Contract A, who now has the money from the NFT transaction, to contract B. " - Cryptopunk flash loan

Cryptopunk flash loan

Did an NFT just get sold for half a billion dollars? Mint

WebOct 29, 2024 · A similar flash loan transaction was conducted in February to purchase a HashMask NFT for 139,000 ETH, currently the largest NFT sale on record – even if on a … 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 …

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WebBasically a flash loan is a sequence of transactions that are atomic within a block: Borrow X Do something with it Return X If you don’t return X, the whole sequence is invalidated. But! You can indeed trade X, on decentralised exchanges! As long as you buy it back and give it back at the end of the sequence of transactions. WebNov 1, 2024 · We covered this flash loan NFT purchase more expansively in a separate blog post . Even though the half a billion dollar purchase will remain the talk of town for some time, there are other CryptoPunk sales that stand out as well. The numbers 2, 3 and 4 on the list are all hoodie punks, adding value to the punks with the hoodie attribute.

WebOct 29, 2024 · So in this case, the owner of the CryptoPunk took out a flash loan for more than $532 million, used the funds to purchase the CryptoPunk and then sent the money back to the lender — all within the same … WebJun 10, 2024 · Covid Alien (CryptoPunk #7523)—which gets its nickname from the medical mask it wears—was sold by a long-time digital art advocate and collector known as Sillytuna. The single-lot was sold in ...

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 … WebFeb 17, 2024 · Permanent Redirect

WebA rare CryptoPunk recently sold for 8000 ETH ($23.7 million USD) in 2024. We speculate on CryptoPunks price predictions for future years.

WebJul 27, 2024 · The seller then listed the NFT on the market for $250,000 Ether-- worth about $1.01 billion at the time. Prior to the wash trade and flash loan, the CryptoPunk 9998 NFT … cincinnati roofing replacementWebDec 18, 2024 · Save your game here. Go attack the Sasquatch and kill her. Watch as your character receives 30,000 cash and a lot of XP and street cred. Wait for the HUD to be … cincinnati rotary tableWebOct 29, 2024 · Flash loan maneuvers are becoming increasingly common in crypto as individuals look to take advantage of market arbitrage. Unfortunately that is coming often … cincinnati rugby clubWebNov 1, 2024 · Flash loans are a complicated decentralized finance tool. There are 10,000 Cryptopunks in the collection. It’s the most costly NFT at any point sold on paper. On … dhsv oral surgery referralWebOct 29, 2024 · A cryptocurrency transaction made some serious waves on Thursday night when a CryptoPunk non-fungible-token (NFT) was purchased for an unfathomable $530 … cincinnati rowingWebOct 29, 2024 · In a questionably large sale, CryptoPunk #9998 has sold for more than $532M, according to the project’s sales feed. CryptoPunks Token Sells for $500 Million … cincinnati row houses for saleWebOct 30, 2024 · The latest moves in crypto markets, in context. The Node The biggest crypto news and ideas of the day. State of Crypto Probing the intersection of crypto and … cincinnati royals nba