BAYC, CryptoPunks holders might not be elated to read this NFT report

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BAYC, CryptoPunks holders might not be elated to read this NFT report
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Ethereum [ETH]-based NFT collection, Azuki was the subject of a 311% increase in sales volume over the last 24 hours. According to CryptoSlam, about $703,760 exchanged hands between buyers and sellers within the aforementioned period. Interestingly, Azuki was not the only collection involved, as one Solana [SOL] NFT collection joined the party. DeGods, the SOL-hosted […]

for a few weeks, Crypto Punks now ranks eighth in the NFT table. Unfortunately, the collection only recorded a $464,908 volume in sales, even though it was an improvement from its numbers on 24 August.The NFT market doesn’t seem to be out of the bear state with the ups and downs. For the Ethereum collections, the overall 24-hour shift was a 14.88%At the same time, Solanawith a 95.97% increase, worth $885,924.

According to the details, over $100 million worth of NFT has been stolen between July 2021 and July 2022.Elliptic pointed out that the Ronin bridge hack was one that did the most damage. Additionally, the report noted that CryptoPunks fell victim to one of the exploits when Crypto Punk #4324 worth $490,000 was stolen in November 2021.In light of the disclosure, it could seem that social media was the most targeted.

Elliptic said that social media platforms formed 23% of the exploits with hacks emerging from Discord servers. Going forward, investors would only hope that the hacks reduce and the NFT market favors the bulls.Subscribe to get it daily in your inbox.

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BAYC, CryptoPunks holders might not be elated to read this NFT reportBAYC, CryptoPunks holders might not be elated to read this NFT reportEthereum [ETH]-based NFT collection, Azuki was the subject of a 311% increase in sales volume over the last 24 hours. According to CryptoSlam, about $703,760 exchanged hands between buyers and sellers within the aforementioned period. Interestingly, Azuki was not the only collection involved, as one Solana [SOL] NFT collection joined the party. DeGods, the SOL-hosted […]
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