Waning interest in a North Hollywood crypto-themed home
A crypto-friendly house in North Hollywood, Los Angeles, is seemingly struggling to sell, as the property has seen its price reduce three times in a little over four months.
The so-called “Cryptohouse,” as stated on the glowing neon sign in its kitchen, was listed for sale at $1.2 million in October last year. As of Jan. 5, though, it is now fetching an asking price of $949,000.
The four-bed, three-bath home sees the listing agents boasting in the property description of its spacious and flowing floor plan ideal for “savvy investors.”
For a perplexing unknown reason, the description leaves out its tasteful wallpaper choices, which include multiple nonfungible tokens (NFTs) from the classic Bored Ape Yacht Club (BAYC) and CryptoPunk collections prominent in the living and dining area.
Those wanting to try before they buy can even rent the house through Airbnb. No need to get in quickly as it seems it currently has no bookings for the future.
Make your personality an NFT and mint your heart on the blockchain
A project is offering up NFTs as a way to visually portray an individual’s personality and own the result on the blockchain.
Rubens DB, a Tel Aviv-based artist, launched the “Psynesthesia” NFT collection with 1024 possible NFTs generated by the results of a personality test.
The Polygon-based NFTs are generated according to the traits identified by the test and an algorithm coded by DB. In a release shared with Cointelegraph, the process was explained:
“For example the more the agreeableness is high, the more the colors are warm; the more the extroversion is high, the more the connections are developed.”
The resulting art can be collected as an NFT. The original owner is further granted a photoshoot at Rubens DB’s studio in Tel Aviv where their artwork is projected onto them for a portrait.
10% of the sales are donated to the Multidisciplinary Association for Psychedelic Studies (MAPS), a U.S.-based nonprofit aiming to increase understanding of psychedelic substances.
UK NFT investment firm gets phished
NFT Investments, a United Kingdom-based investment firm that, as stated, invests in NFT-related companies, said it was the target of a phishing attack resulting in the loss of $250,000 worth of assets.
The firm disclosed through the London Stock Exchange’s (LSE) news wire on Jan .12 that it’s “managing a cyber security incident” resulting from the attack on Jan. 9.
Apparently, the hacked amount represents “less than 1%” of the firms current Net Asset Value.
It did not disclose exactly what assets were stolen, what kind of assets they were or how attackers managed to compromise the security surrounding the storage of such assets.
Cointelegraph contacted NFT Investments for comment but did not immediately receive a response.
What bear market? Shiba Inu NFT collab sells out in seconds
An NFT collaboration between Shiba Inu’s (SHIB) NFT project SHIBOSHIS and luxury handbag company Bugatti Group sold out in 110 seconds according to a Jan. 14 tweet from Bugatti Group.
Congratulations to the @Shibtoken family for selling out in 110 seconds!
Shib token is repeating history again & again!
Get your Shiboshis NFT on Opensea here! https://t.co/bWVCp4bgGf
— Bugattigroup.eth MINT SOLD OUT (@bugattigrp) January 15, 2023
Bugatti Group — not to be confused with the luxury sports car manufacturer, Bugatti Automobiles — created a new batch of NFTs with the dog-themed project and offered those who minted with a piece of custom luggage seemingly emblazoned with a SHIBOSHIS NFT.
The collaboration between the two also sees Bugatti Group creating a SHIBOSHIS-themed limited edition collection of backpacks, satchels, luggage and wallets.
Other Nifty News
The crypto wallet of an NFT influencer has been drained after mistakenly downloading malware that was hiding in a program advertised on a Google Ad.
YouTuber Logan Paul revealed a $1.5 million recovery plan for those who invested in his troubled NFT project CryptoZoo after an exposé from fellow YouTuber Coffeezilla.