2024

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Ethereum Name Service

A crypto wallet belonging to billionaire <a href="https://www.forbes.com/profile/mark-cuban/" data-wpel-link="exclude">Mark Cuban</a> was observed selling non-fungible tokens (NFTs) after nearly two years of inactivity. 
On June 23, Cuban’s wallet, identified by the Ethereum Name Service (ENS) domain “markcuban.eth,” began offloading various NFTs. 
These included works from collections such as EulerBeats Genesis, DeepBlack, Pudgy Penguins, and Wrapped MoonCats. 
The wallet’s last recorded transaction was on January 13, 2022, when Cuban sold a Roc Aero Pitch Deck NFT for $33.73. 
In the past two days, Cuban sold 14 NFTs valued at approximately $38,533. 
The highest-valued NFT sold was Pudgy Penguin #6239, listed at 9.06 Wrapped Ether (WETH), worth $30,578. The other NFTs sold ranged in price from $22 to $1,800. 
In addition to these sales, Cuban has listed two high-value NFTs for potential buyers. 
He listed his Hashtag NFT #MFFL for 15 Ether, valued at over $50,000. 
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Additionally, he listed a BibleNFT piece called Deuteronomy 25:4 for 5 Ether, around $16,000. 
If these two NFTs are sold, Cuban’s wallet will have sold over $100,000 in NFTs within the last two days. 
This flurry of activity in Cuban’s NFT portfolio coincides with a recent security incident involving the 65-year-old investor. 
On June 23, Cuban reported that his Gmail account had been compromised following a fraudulent call. 
In a post on X (formerly Twitter), Cuban explained that someone posing as “Noah” claimed there was an intruder in his account and used spoofed Google recovery methods. 
“If anyone gets anything from mcuban@gmail.com after 3:30 pm PST it’s not me,” Cuban wrote. 
By June 25, Cuban informed his followers that he had regained control of his account and publicly thanked Google’s team on X. 
While Cuban’s wallet sold NFTs on the same day as the hack, it remains uncertain if the two events are connected. 
In 2023, one of Cuban’s crypto wallets was drained of about $870,000 in crypto assets. Etherscan data showed batches of transactions involving USD Coin, Tether, and Lido Staked Ether (stETH) being withdrawn from the account. 
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Mark Cuban’s Crypto Wallet Resurfaces, Sells Over $38K in NFTs Amid Security Scare

Crypto Intelligence

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