The NFT - CryptoPunk #2681 – is one of just 88 'zombie' punks that are currently accessible, making it very desirable to collectors. Maximum98 sold 277 ETH to the punk for $542,219.19 at the time, which was the punk's most recent significant sales transaction.

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On the Tonight Show with Jimmy Fallon, Fallon said that he had purchased a Bored Ape NFT using the MoonPay service in November of last year. In the same month, Post Malone made a move that was comparable to this.

Eminem also spent more than $400k on a Bored Ape to commemorate the start of the year 2022. The popular collection has produced more than $1 billion in sales on OpenSea, according to the company.

NFTs are not only becoming a popular cultural symbol among such artists, but they are also becoming a valuable revenue-generating instrument.

Related post: The Significant Effect of CryptoPunks on NFTs

For example, Nas intends to transfer the ownership rights to two of his songs via non-financial trusts (NFTs), from which he and other owners would benefit from the songs' subsequent usage.

WeChat will now accept digital Yuan payments

According to reports, China's most popular messaging service – WeChat Pay – will soon begin supporting the e-CNY. The app has more than one billion users, which means that the effort has the potential to dramatically increase the spread of the digital yuan in the future.

According to a recent CNBC article, WeChat Pay — a multi-purpose messaging and mobile payment app – will soon accept digital yuan settlements. WeChat Pay is a multi-purpose messaging and mobile payment service. Because the business now has almost 1.2 billion active users, the company's decision is projected to result in a significant rise in the number of people who utilize e-CNY.

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Alibaba's Alipay, which is WeChat's primary rival in China, has also shifted its attention to digital yuan settlements. Last year, the company, which is owned by Alibaba subsidiary Ant Group, started conducting experiments to see if the technology might be used.

Linghao Bao, an analyst at Consultancy Trivium China, expressed his opinion on the topic stating that Chinese customers are so loyal to the two businesses that they cannot be persuaded to switch to a new mobile payment app.

According to him, it makes more sense for the central bank to collaborate with WeChat Pay and Alipay rather than trying to accomplish everything on its own.

The possibility of increased CBDC use in China comes only a few weeks before the commencement of the Beijing Winter Olympics. The authorities have previously said that they may let athletes and international tourists make use of the financial product while participating in the sporting event.

Previously, China made a CBDC push

The People's Bank of China has attempted to promote its central bank digital currency (CBDC) on a number of occasions over the course of the previous few months but has been unsuccessful. Following these efforts, the institution said in November that the total number of people who have established digital yuan wallets has surpassed 140 million as a result of its efforts.

Chinese central bank's digital currency research institution, known as the PBoC's "e-CNY (Pilot Version)" app, which serves as a mobile wallet for the Chinese CBDC, was published earlier this week on iOS and Android app stores throughout the nation. Local users were allowed to download it and utilize it to undertake pilot testing of the digital yuan and its circulation services as a result of the development.

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The effort was initially only accessible in Shanghai, but it has now expanded to include other parts of the world's most populous nation.

As a reminder, the function is currently in the research and development phase, according to the institution. It is only available to approved users via institutions that offer digital yuan services, including major domestic banks, who may then utilize the "e-CNY (Pilot Version)."