CyberKongz, one of the pioneering PFP NFT collections with deep ties to blockchain gaming, has publicly revealed it received a Wells Notice from the U.S. Securities and Exchange Commission (SEC).
The notice signals the SEC’s intent to recommend legal action against CyberKongz, alleging that the project may have violated securities laws. Specifically, the regulator’s concerns focus on the integration of an ERC-20 token within the CyberKongz ecosystem and a technical event involving Genesis Kongz NFTs in 2021 /zora
The Mona Lisa painting was insured for 100 million dollars on December 14, 1962, and its name was recorded in the Guinness Book of Records as the highest insurance cost for a painting! Mona Lisa, this famous da Vinci masterpiece, cannot be valued, but some art experts estimate the material value of this painting up to 2500 million dollars!