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Non-fungible token (NFT) project Pudgy Penguins has quieted rumors that it acquired the OpenSea marketplace. The rebuttal followed a wave of online chatter claiming that a deal may have closed around December 2024. In a Saturday post on blogging platform X, the head of security at Pudgy Penguins, Beau, dismissed the rumors, claiming that no such thing has happened. “Pudgy Penguins didn’t buy OpenSea… chill,” Beau wrote on X. Pudgy Penguins is a collection of 8,888 flightless bird NFTs launched in July 2021. The project has also expanded its offering, providing users with physical products through its Pudgy Toys line in a partnership with PMI Toys. Pudgy Penguins shut down rumors of OpenSea acquisition In his post on X, Beau claimed that the project still has big plans, so users should be calm and not focus on one possible acquisition. “Talk about partnering with Lufthansa and NASCAR, and go find the next great brand for us to proliferate with,” Beau added. In addition to its physical products partnership, Pudgy Penguins is also allowing NFT holders to earn from commercial use through its OverpassIP platform. Rumors of OpenSea’s acquisition went viral on X after multiple users on the platform pointed to previous comments by CEO Luca Netz. These posts also included a now viral post from October 2024, where he said he wanted his company to purchase OpenSea. Some users have speculated that the purchase may have occurred quietly without both parties making announcements about it. A user also claimed that it may have occurred in December 2024, coinciding with announcements made by Pudgy Penguins and OpenSea ’s later policy shift around token support in the same month. However, Beau pushed back on the speculation, saying, “I don’t actually think acquiring OS rn would make a lot of sense for us.” He added that the team’s preference is to focus on confirmed developments rather than speculations. CryptoPunks lead the charge as NFT market rebounds Pudgy Penguins has entered into several brand partnerships with different firms, including those with Lufthansa and NASCAR. Last month, the project also announced the launch of a skill-based Web3 game called Pengu Clash for The Open Network (TON) Blockchain, entering into the competitive mini-game space. The game is expected to operate under a play-to-win model, allowing players to compete and be rewarded for their game mastery. “Play-to-win, in essence, is a skill-based game,” Pudgy Penguins CEO Luca Netz said about the game at the time. “Users wager against one another vs play-to-earn, [in which] you’re earning tradable currency that the game provides. This is a user-vs-user-based system.” The game is supported by Elympics’ infrastructure and will feature different modes with different rules and objectives to enable skill-based challenges and multiplayer experiences. Meanwhile, the NFT market has shown renewed momentum in July, with the total market capitalization hitting $6.6 billion. The rise signifies a 94% jump from the previous month, according to data from DappRadar. Weekly trading volumes also jumped 51%, making it the industry’s strongest performance since February. Leading the industry comeback is Ethereum-based collection CryptoPunks , whose floor price rose by 53%. DappRadar analysts claimed that the collections’ appeal as a Web3 status symbol helped. On July 22, the collection registered 83 new purchases and a 15.9% rise in its flow price in 24 hours, hitting around $180,000 per NFT. In addition, CryptoBatz NFTs also recorded a 400% surge after the death of Ozzy Osbourne. Osbourne entered the NFT industry in 2021, launching the collection, which featured 9,666 unique digital bats in December. In addition to the rise in floor price, CryptoBatz also recorded a 100,000% surge in trading volume, reaching $281,200 within 24 hours after his death. Despite the surge, the NFT still fell short of its all-time high. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
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As the value of a single XRP coin gradually stabilizes at around $3.2, technicians analyze that XRP will stabilize for a period of time before starting to rise. During the period of XRP stability, it means that holders cannot obtain greater returns by speculating on the currency. Some investors do not want to keep their XRP in cold wallets because they cannot predict when it will rise, so they begin looking for investment plans that can use XRP to stabilize the value of their assets. How does XRP increase in value steadily? Simply holding XRP may get some policy support and a short-term asset increase, but it may also face the risk of XRP shrinking. There is only one way to make XRP appreciate steadily, that is to use XRP to invest in the GoldenMining cloud mining platform to earn US dollar income. Traditional mining to earn cryptocurrencies requires a lot of time and energy, and for most holders, it is extremely difficult. GoldneMining can solve all the problems faced by traditional mining for investors. Why GoldenMining? Traditional mining requires purchasing mining equipment independently, learning professional software knowledge, finding a suitable mining site, and paying expensive electricity and maintenance fees. However, if you invest in GoldneMining cloud computing contracts, you will get support from professional technicians, top mining equipment, and the latest real-time analysis system. Equipped with the latest scientific research intelligent analysis system, it can analyze market trends in real time, predict the most profitable currency for cryptocurrency mining, and ensure that user investor contracts earn 100% stable returns. (For more contracts, visit the official website: www.goldenmining.com ) Contract Name Investment Amount Contract Profit Total Income Daily Sign-in Rewards $15 $0.60 $15.60 New User Contract $100 $3.00 $106.00 Bitmain Antminer S23 Hyd $500 $32.50 $532.50 AntminerL9 17GH $3,000 $621.00 $3,621.00 Elphapex DG2 $8,000 $2,900.00 $10,900.00 Elphapex DG2+ $15,000 $6,750.00 $21,750.00 What are the characteristics of GoldenMining Register to get $15 , which can be used to invest in the “Daily Sign-in Reward” contract and earn daily income. The interface is neat and clear, suitable for novice and experienced investors, and has a “Tutorial” area. Deposit and withdrawal of multiple popular currencies: Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), USDC, Litecoin (LTC), USDT-TRC20, USDT-ERC20. The income earned from the contract is settled every 24 hours, and there is no need to collect the income manually. Transparency: The platform has no hidden management fees and handling fees, and the contract income is the actual income received. Fund security: At GoldenMining, users’ funds are safely stored in first-tier banks, and all user personal information is protected by SSL encryption. The platform provides insurance underwritten by AIG Insurance Company for each investment. Many people started to try to invest and earn stable US dollar income with the $15 given by the platform. Some investors do not want to be limited to the $15 investment plan. They try other contracts of interest in GoldenMining to increase their contract income. Simply holding cryptocurrencies is just opening a window. Investing in stable contracts is the choice of wise people! Invest in stable contracts: https://goldenmining.com Contact the official email: info@GoldenMining.com Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post XRP market value begins to stabilize, choose GoldenMining to earn huge assets appeared first on Times Tabloid .
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A core goal of Web3 is to build an internet that is not just robust,
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The Web3 space of July 2025 is built upon the evolution of foundational concepts. Oraichain,
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