{"id":426753,"date":"2022-04-05T10:03:48","date_gmt":"2022-04-05T07:03:48","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/nifty-news-uk-royal-mint-nft-960k-billionaire-dog-rug-and-pudgy-penguins\/"},"modified":"2022-04-05T10:03:48","modified_gmt":"2022-04-05T07:03:48","slug":"nifty-news-uk-royal-mint-nft-960k-billionaire-dog-rug-and-pudgy-penguins","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/nifty-news-uk-royal-mint-nft-960k-billionaire-dog-rug-and-pudgy-penguins\/","title":{"rendered":"# Nifty News: UK Royal Mint NFT,  $960k Billionaire Dog rug and Pudgy Penguins"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a23d1ff61c5d\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a23d1ff61c5d\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/nifty-news-uk-royal-mint-nft-960k-billionaire-dog-rug-and-pudgy-penguins\/#%E2%80%9D_Nifty_News_UK_Royal_Mint_NFT_960k_Billionaire_Dog_rug_and_Pudgy_Penguins_%E2%80%9C\" >&#8221; Nifty News: UK Royal Mint NFT,  $960k Billionaire Dog rug and Pudgy Penguins &#8220;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/nifty-news-uk-royal-mint-nft-960k-billionaire-dog-rug-and-pudgy-penguins\/#Billionaire_Dog_NFT_rug_pull\" >Billionaire Dog NFT rug pull<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/nifty-news-uk-royal-mint-nft-960k-billionaire-dog-rug-and-pudgy-penguins\/#Pudgy_Penguins_sold_to_Netz_Capital\" >Pudgy Penguins sold to Netz Capital<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/nifty-news-uk-royal-mint-nft-960k-billionaire-dog-rug-and-pudgy-penguins\/#Other_Nifty_News\" >Other Nifty News<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Nifty_News_UK_Royal_Mint_NFT_960k_Billionaire_Dog_rug_and_Pudgy_Penguins_%E2%80%9C\"><\/span>&#8221; Nifty News: UK Royal Mint NFT,  $960k Billionaire Dog rug and Pudgy Penguins &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDQvMTk2NDVmZTQtZjczNi00MWIwLTlkOTktMTk5YTBjODFhN2UzLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-2a0745c6>The U.K. government Treasury announced on Monday, April 4th, that it has asked the Royal Mint to create one non-fungible token (NFT) to be issued by the end of the year \u201cas an emblem of the forward-looking <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roach the UK is determined to take.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Chancellor <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/RishiSunak?ref_src=twsrc%5Etfw\">@RishiSunak<\/a> has asked <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/RoyalMintUK?ref_src=twsrc%5Etfw\">@RoyalMintUK<\/a> to create an NFT to be issued by the summer.<\/p>\n<p>This decision shows the the forward-looking approach we are determined to take towards cryptoassets in the UK. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/cd0tiailBK\">pic.twitter.com\/cd0tiailBK<\/a><\/p>\n<p>\u2014 HM Treasury (@hmtreasury) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hmtreasury\/status\/1510971092072079360?ref_src=twsrc%5Etfw\">April 4, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nThe NFT was part of a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">series<\/a> of announcements by the Economic and Finance Ministry to make the United Kingdom a global cryptocurrency hub, including amending a regulatory framework on stablecoin payments.<\/p>\n<p>The NFT will be \u201cissued by summer\u201d, with no date publicly set for the release of the token.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Billionaire_Dog_NFT_rug_pull\"><\/span>Billionaire Dog NFT rug pull<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Self-confessed \u201con-chain sleuth\u201d \u201czachxbt\u201d, popular for his <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> threads investigating crypto figures and projects, has made a new thread on Monday alleging that French influencer Laurent Correia had a major role in an NFT project that rugged.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">1\/ Time for another $960k NFT rug this time involving Laurent Correia a popular French influencer with a reality TV show. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/QkGeDecr5f\">pic.twitter.com\/QkGeDecr5f<\/a><\/p>\n<p>\u2014 zachxbt (@zachxbt) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/zachxbt\/status\/1510968226963992577?ref_src=twsrc%5Etfw\">April 4, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The Billionaire Dogs Club project launched in mid-December 2021 at a public mint price of 0.2 ETH, low demand for the NFTs saw the project restrict supply from 6,500 tokens to 2,000 in a bid to garner interest for the project.<\/p>\n<p>According to \u201czachxbt\u201d, the Discord channel and the team behind the project disappeared a week later, leaving NFT owners holding the bag. On-chain analysis by the analyst revealed that of the estimated $960,000 generated by the project, $400,000 was allegedly sent to Correia\u2019s public crypto wallet.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">4\/ Here\u2019s a breakdown where the proceeds from the project went. <\/p>\n<p>Laurent himself received over $400k to his public wallet. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/sckMfLoT5V\">pic.twitter.com\/sckMfLoT5V<\/a><\/p>\n<p>\u2014 zachxbt (@zachxbt) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/zachxbt\/status\/1510968255929802754?ref_src=twsrc%5Etfw\">April 4, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>NFTs, Web3 and the metaverse are changing the way scientists conduct research<\/em><\/strong><\/p>\n<p>The same wallet was used to purchase other high-value NFTs which Correia posted on his social media accounts. Zachxbt tagged the Dubai Police, the local law enforcement where Correia lives, tweeting that it\u2019s \u201csickening to see a DOX\u2019d influencer so blatantly rug a project like this.\u201d<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Pudgy_Penguins_sold_to_Netz_Capital\"><\/span>Pudgy Penguins sold to Netz Capital<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The team behind the Pudgy Penguins NFT project tweeted on Sunday, April 3rd, that the collection was under new management, Luca Netz of Netz Capital purchased the project for 750 ETH, about $2.5 million at the time.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Looking forward to spreading love across the Meta \u2764\ufe0f <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/ZBEF3W6XV2\">https:\/\/t.co\/ZBEF3W6XV2<\/a><\/p>\n<p>\u2014 Luca Netz (@LucaNetz) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/LucaNetz\/status\/1510446474605256710?ref_src=twsrc%5Etfw\">April 3, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>A few months prior, the project voted out its controversial founder Cole Villemain, who has been subject to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/zachxbt\/status\/1425569462854500360\">questions<\/a> about his past dealings in projects, giveaways, and other businesses.<\/p>\n<p>With the purchase of the 8,888 Pudgy Penguin NFTs, Netz will receive all future royalties from secondary sales.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Other_Nifty_News\"><\/span>Other Nifty News<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Visa has announced the launch of it\u2019s Creator Program, a mentorship program aimed at helping entrepreneurs accelerate their business through NFTs. Visa says the goal is to bring together digital creators to empower and educate them on blockchain <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> and NFT commerce.<\/p>\n<p>Non-custodial cryptocurrency platform ShapeShift DAO launched an NFT auction in support of female artists in the NFT and blockchain industry, the auction started on April 4th on OpenSea and runs until 11th April.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"nifty_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/nifty-news-uk-royal-mint-nft-960k-billionaire-dog-rug-and-pudgy-penguins\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Nifty News: UK Royal Mint NFT, $960k Billionaire Dog rug and Pudgy Penguins &#8220; The U.K. government Treasury announced on Monday, April 4th, that it has asked the Royal Mint to create one non-fungible token (NFT) to be issued by the end of the year \u201cas an emblem of the forward-looking approach the UK&#8230;<\/p>\n","protected":false},"author":1,"featured_media":426754,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDQvMTk2NDVmZTQtZjczNi00MWIwLTlkOTktMTk5YTBjODFhN2UzLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[95118,74892,88784,93542,71511,71101,4966],"class_list":["post-426753","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-nft","tag-tokens","tag-uk-government","tag-web3","tag-government","tag-scams","tag-united-kingdom"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/426753","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=426753"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/426753\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/426754"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=426753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=426753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=426753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}