Pudgy Penguins denies acquiring OpenSea amidst rumors. Beau, head of security, clarified the situation on X, emphasizing the project’s focus on partnerships with Lufthansa and NASCAR. Pudgy Penguins, an NFT collection, has also launched a Pudgy Toys line and a Web3 game called Pengu Clash. The NFT market shows a $6.6 billion surge, led by CryptoPunks’ 53% price increase. Weekly trading volumes climbed 51%, marking a strong rebound in July. CryptoPunks’ enduring appeal as a Web3 status symbol continues, with a 15.9% floor price rise to nearly $180,000 per Punk.
Read more at Cointelegraph: Pudgy Penguins Denies OpenSea Deal, Focuses on Partnerships