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Bitcoin $89,330.12 -3.29%
Ethereum $3,023.96 -3.52%
BNB $880.91 -2.06%
Optimism $0.30 -7.11%
Arbitrum $0.20 -7.14%
Solana $132.32 -5.36%
Polygon $0.22 +2.77%
Cosmos $2.17 -6.25%
Avalanche $13.34 -7.60%

Yuga Labs co-founder: Someone used flash loans to cheat bids on the CryptoPunks market

according to on-chain data, about two hours ago, multiple CryptoPunk NFTs were bid at high prices, including:

Punk 5822 bid up to 8888 ETH, worth approximately $19,587,819.67;

Punk 3900 bid up to 6,969.69 ETH, worth approximately $15,360,151.99;

Punk 7804 bid up to 7,233 ETH, worth approximately $15,940,447.76;

Punk 7523 bid up to 4,750 ETH, worth approximately $10,468,287.96;

Punk 6089 bid up to 5,500 ETH, worth approximately $12,121,175.54.

In response to this, Garga.eth, co-founder of Yuga Labs, posted on platform X to warn that someone is using flash loans to deceive bidding on the CryptoPunks market.

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Yuga Labs co-founder: Someone used flash loans to cheat bids on the CryptoPunks market

All Comments

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Sovereign Wealth Funds Were Buyers as Bitcoin Plunged: BlackRock's Larry Fink

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