The Punk was estimated to be worth as much as $260,000 when it was first transferred to Ukraine’s Ethereum wallet in March before the price of ETH began to drop significantly.
The announcement of the hire comes amid a rapid rise in the CryptoPunk collection’s floor price and trading volume.
After briefly making a low of $17,708, BTC rebounded to trade around $18,100 levels, down 12% in the last 24 hours.
Russian-born Sorokin, more commonly known by her alias, Anna Delvey, rose to fame after gaining traction in the elite Manhattan social scene.
The NFTPort startup wants to provide a decentralized NFT-focused protocol to improve developers’ Web3 experience
Ukraine has already leveraged crypto and blockchain to finance its defense against Russia’s invasion, raising over $135 million in crypto from donors around the world by mid-May, analytics firm Crystal Blockchain.
Seaport is an open-source project OpenSea announced last month, and the company says it’s significantly more efficient than its old system when it comes to dealing with the blockchain
In a note shared with employees, Coinbase CEO Brian Armstrong said at the beginning of 2021, the company hired massively to keep up with the new use cases enabled by crypto getting traction practically every week
Bitcoin has lost around 65% of its value since November 2021 when it touched $69k mark.
BTC fell to a low of $20,950 in the early hours of Tuesday morning but quickly recovered to trade around $22,200 levels, down around 7% in the day