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Latest Profile Pictures news and analysis from CoinDesk, the leader in crypto journalism. Read in-depth coverage, expert insights, and price updates.

Profile Pic NFTs Are Suffocating Crypto Art

Bored Apes and other "PFPs" have turned digital fine arts into a zoo.

By Lawrence LeeMar 10, 2022

(Bored Ape Yacht Club, modified by CoinDesk)

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Latest Crypto News

Today

2:49 PM

Neutral

Strategy’s bitcoin sale sparks a $14 million betting chaos on Polymarket

The 8-K filing by Strategy Monday disclosed sales for the period May 26 to May 31, but the disclosure was issued on June 1. Polymarket's May 31 contract is sitting at 81% Yes and in review, while bettors argue over whether the onchain transactions or the filing date controls.

1:38 PM

Positive

Japan's ruling party supports crypto ETF trading, yen-based stablecoins

Japan's ruling Liberal Democratic Party said the country should create a legal framework for trading crypto ETFs in a proposal to the finance minister.

1:09 PM

Positive

CoinDesk 20 performance update: Stellar (XLM) surges 14.1% over weekend

Binance Coin (BNB), up 7.9%, was also a top performer.

12:55 PM

Neutral

BTC0.00%

Bitmine slows ether purchase pace, buying $53 million worth last week

The Ethereum treasury firm cut weekly purchases by more than 75% after the previous week's 112,000 ETH buying spree.

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