NFT Dawn

🖼 CryptoPunks NFT Worth $1.5 Million Just Sold for $23,000 The immutable nature of the blockchain was put in stark relief on Wednesday when CryptoPunk #2386, which is valued around 600 ETH (about $1.5 million), was acquired for a fraction of that price at 10 ETH (or just over $23,000)—after being locked up and overlooked thanks to a now-defunct website.

🖼 ZF Group launches metaverse platform in India for talent acquisition ZF Group has launched its metaverse platform in India for talent acquisition and employee engagement.  "They can virtually interact with hiring managers, understand the various positions and career options open to them, and get a feel of our collaborative work culture and innovative practices that impact the future of mobility," he added.

💰 Grayscale launches new #XRP closed-end fund, token jumps 8% Grayscale said Thursday it's planning to launch an  "closed-end" fund that will allow investors to gain exposure to the popular token. The firm once managed an XRP fund it then shut down in 2021 after the U.S. Securities and Exchange Commission sued Ripple and argued that the digital asset XRP is a security under U.S. law. Ripple, which utilizes XRP, the native asset of the XRP Ledger, is the company most closely associated with the token.

🇬🇧 UK Parliament proposes legislation to recognize digital assets as personal property The Law Commission of the United Kingdom (UK) Parliament introduced the Property (Digital Assets, etc.) Bill on Sept. 11 to recognize digital holdings legally. The proposed legislation deems crypto, non-fungible tokens (NFTs), and carbon credits personal property under British law. This marks the first time in British history that assets will be definitively included in the scope of English and Welsh property law.

🖼 StarkGuardians Launches NFT Lending Protocol on StarkNet Testnet StarkGuardians, the pioneering NFT collection on StarkNet, has launched its new NFT lending and borrowing protocol. This protocol, currently live on the Sepolia testnet, represents a significant step forward in the NFT space. It enables individuals to borrow NFTs in return for cryptocurrencies or vice versa and makes NFTs more accessible and liquid without being sold.

🖼 Magic Eden's multi-chain NFT dominance surges with $60 million daily volume amid ME token hype Magic Eden, the multi-chain NFT marketplace, is conjuring up a storm in the NFT world, with daily trading volumes skyrocketing from a modest $1 million to a staggering average of $30 million. The platform recently hit a peak of $60 million in daily volume, showcasing the renewed interest in digital collectibles across multiple blockchains.

🖼 CryptoPunk sells for $1.5 million amid NFT market downturn According to CryptoPunks Bot, CryptoPunk 6915, one of the 24 rare Ape Punk, was acquired for 620 ETH (around $1.48 million)  by an anonymous collector identified by “0x8bbccd.” The NFT is one of just 24 other Ape Punks issued on the Ethereum blockchain by Larva Labs.

❄️ Bomb Crypto’s Epic NFT Collection Launches on TON Bomb Crypto has recently launched an all-new NFT collection on the TON network, enhancing the gaming experience with digital collectibles. This collection, known as the Bomb Crypto Avatar NFT Collection, became available for minting on September 4, 2024, after the game's debut on August 23, 2024. Players looking to acquire these NFTs can do so through the Getgems.io platform, which supports transactions on the TON blockchain.

💰 World’s 4th Largest Power Company Looks into Bitcoin Mining Through Subsidiary Agile Energy X – a company incorporated in Tokyo, Japan, and a subsidiary of the Tokyo Electric Power Company (TEPCO), is reportedly tapping into Bitcoin mining. According to recent coverage, the firm looks to expand its capabilities through Bitcoin mining, banking that it can prevent waste of excess renewable energy. It’s important to note that TEPCO is the largest electric utility company in Japan and also the 4th largest in the world.

🇯🇵 Ripple CEO: Japan's Leaders Committed to Advancing Crypto and Blockchain Technology Ripple CEO Brad Garlinghouse discussed Japan’s potential in blockchain technology with Japanese lawmaker Taira Masaaki during XRP Community Day. Garlinghouse praised Japan’s commitment to advancing crypto, highlighting the country’s “clear frameworks and constructive policy” that encourage innovation while ensuring consumer protection. Taira, a Web3 and AI advocate in Japan’s House of Representatives, noted that the meeting focused on maximizing Japan’s capabilities through blockchain.