Thirty-one Fidenzas, 11 CryptoPunks (one Zombie), three Autoglyphs and a handful of other NFT grails are being targeted by creditors in bankruptcy proceedings for the now-defunct crypto hedge fund Three Arrows Capital (3AC), according to documents on file with the Southern District of New York U.S. Bankruptcy Court.
The NFTs are part of a multimillion-dollar portfolio curated by Starry Night Capital, an NFT fund owned by 3AC and operated by collector <a href="https://twitter.com/Vince_Van_Dough" target="_blank" rel="noopener">Vincent Van Dough</a>. Creditors and investors in the fund have been asked to submit claims for the NFT fund and 3AC by July 15, according to Twitter user <a href="https://twitter.com/DrSoldmanGachs" target="_blank" rel="noopener">DrSoldmanGachs</a>, who provided their creditor letter in <a href="https://twitter.com/DrSoldmanGachs/status/1547173025673785346?s=20&amp;t=DGJ-0md2rwrFb6Ih7Pov6w">a tweet thread</a> July 13.
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<blockquote class="twitter-tweet">
Yes liquidator will sell all 3AC assets, including the NFT portfolio held by <a href="https://twitter.com/StarryNight_Cap?ref_src=twsrc%5Etfw">@StarryNight_Cap</a>, which is a share class of Three Arrows Capital Limited. <a href="https://twitter.com/Vince_Van_Dough?ref_src=twsrc%5Etfw">@Vince_Van_Dough</a> <a href="https://twitter.com/zhusu?ref_src=twsrc%5Etfw">@zhusu</a> haven&rsquo;t explained why the NFTs were moved almost 1 month ago before the shit hit the fan though 🤨
&mdash; Soldman Gachs ⌐◨-◨ (@DrSoldmanGachs) <a href="https://twitter.com/DrSoldmanGachs/status/1547208696648056833?ref_src=twsrc%5Etfw">July 13, 2022</a></blockquote>
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Soldman also linked to what they believed was the <a href="https://opensea.io/0x2e675eeae4747c248bfddbafaa3a8a2fdddaa44b">main Starry Night Capital wallet</a>. The wallet, which includes the aforementioned NFTs has a $9.1-to-$14.5 million value, according to different NFT valuation websites.
<h6 style="text-align: center;"><img style="display: block; margin-left: auto; margin-right: auto;" src="https://lucky-trader-cms-prod.s3.us-east-2.amazonaws.com/starryfidenzas_7e0fc0c442.webp?updated_at=2022-07-15T02:30:27.595Z" alt="Fidenzas owned by the wallet one creditor claims belongs to Starry Night Capital, the NFT fund of the now-bankrupt hedge fund Three Arrows Capital." width="732" height="491" />Fidenzas owned by the wallet one creditor claims belongs to Starry Night Capital.</h6>
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Soldman said there could be more wallets because 3AC or Vincent Van Dough <a href="https://twitter.com/DrSoldmanGachs/status/1547580046772432897?s=20&amp;t=Qe_nKQIM88dBdd-M8lZyig">&ldquo;never transparently disclosed this to any fund investors.&rdquo;</a>
Attempts to contact Soldman and Vincent Van Dough for more information by direct message were unsuccessful.
The Starry Night Capital fund launched back in August, at the height of the NFT boom, and reportedly planned to raise $100 million to buy the &ldquo;top pieces from the most desired sets.&rdquo;&nbsp;
The @Vince_Van_Dough account, which popped up in July, was touting Starry Night Capital&rsquo;s efforts a month later. Van Dough said the fund planned to launch an NFT education portal and launch a physical gallery space in a &ldquo;major city.&rdquo;
&ldquo;We strive to good stewards of the space at large and use our influence to uplift and empower others,&rdquo; <a href="https://twitter.com/Vince_Van_Dough/status/1432346849638289415?s=20&amp;t=YOFAtrHVBchHWYRjl9DEwQ" target="_blank" rel="noopener">tweeted Van Dough.</a>
3AC founders Su Zhu and Kyle Davies have communicated little since their hedge fund <a href="https://www.prnewswire.com/news-releases/voyager-digital-provides-market-update-301575492.html" target="_blank" rel="noopener">defaulted on loans</a> of 15,250 BTC and $350 million USDC with Voyager Digital, among other loans, and filed for bankruptcy earlier this month.&nbsp;
On July 12, a federal bankruptcy judge gave the 3AC liquidators, Russell Crumpler and Christopher Farmer of Teneo, approval to subpoena Zhu and Davies along with potential creditors. The liquidators have been unsuccessful in locating the 3AC founders and asked for an emergency hearing to grant them subpoena power.
Zhu, who is active on Twitter, has tweeted <a href="https://twitter.com/zhusu/status/1546801270014758912?s=20&amp;t=x--cGjfJ5jSya45iIYjKGA" target="_blank" rel="noopener">only once</a> in the last month to say that his and Davies' efforts to "cooperate with the liquidators was met with baiting."
3AC was reported to have more than $10 billion in assets back in March, documents show.&nbsp;About a month ago, as BTC dropped 25 percent to around $30,000, 3AC <a href="https://www.wsj.com/articles/battered-crypto-hedge-fund-three-arrows-capital-considers-asset-sales-bailout-11655469932?mod=latest_headlines" target="_blank" rel="noopener">confirmed</a> it suffered heavy losses with the collapse of Luna and its stablecoin Terra (UST). UST is now Terra Classic (USTC) after embattled Terraform Labs CEO Do Kwon proposed creating a new blockchain and burning some of the original supply.
Soldman, who was an investor in Starry Night Capital, <a href="https://twitter.com/DrSoldmanGachs/status/1547417875182366720?s=20&amp;t=OKH1vFuwGb7b3DWTimWNIw" target="_blank" rel="noopener">said they believe</a> the liquidators will attempt to recoup investor losses through a public auction of the NFTs owned by the fund.

Creditors Eye Three Arrows' Grail NFTs 

What is Happening With Three Arrows' Grail NFTs?

NFT grails are being targeted by creditors in bankruptcy proceedings for the now-defunct crypto hedge fund Three Arrows Capital.

Ethereum

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Fidenza by Tyler Hobbs

Thirty-one Fidenzas, 11 CryptoPunks (one Zombie), three Autoglyphs and a handful of other NFT grails are being targeted by creditors in bankruptcy proceedings for the now-defunct crypto hedge fund Three Arrows Capital (3AC), according to documents on file with the Southern District of New York U.S. Bankruptcy Court.

As the NFT scene continues to hype 10,000 piece profile picture projects, various digital artists are diligently creating and growing in the expanding NFT space. In this weekly recap, we'll break down some of the most notable NFT Artists and their upcoming works. This week we will be featuring a top selling generative artist, an up-and-coming 3D animator, and three other unique NFT artists.&nbsp;
<h2>Killer Acid</h2>
Killer Acid&nbsp;continues to make waves in the NFT space selling "The Scream, 2022" on Super Rare for 31.069 ETH this afternoon. After a bidding war between @spartanblack_1 and @radiosolace broke out, the price skyrocketed from 13 to 30 ETH within the last hour of the auction.&nbsp;
<img src="https://d3c9os9v862gny.cloudfront.net/dXJsPWh0dHBzOi8vY2RuLmJ1dHRlcmNtcy5jb20vaGVGMDNPcG9RVEN0UmZrb0x2TTcmd2lkdGg9
NzI1" alt="undefined" width="317" height="396" />
Killer Acid joined the NFT space back in 2018 and has gained notoriety with his latest two Super Rare auctions both reaching resting prices above 30 ETH.&nbsp;&nbsp;
<h2>Tyler Hobbs</h2>
Tyler Hobbs is a generative, digital artist hailing from Austin, Texas. His works focus on algorithms, plotters, and paint.
Tyler writes and programs custom code that can be used to generate visual imagery, in his attempts to strike a balance between structured computer imagery and natural, organic art.
Hobbs' work is valued at upwards of $100M with his highest single piece sale "Incomplete Control" going for $181,285.77.&nbsp; Yet, he's most most famous for his work with the generative Art Blocks Curated collection, "<a href="https://luckytrader.com/nft/fidenza-by-tyler-hobbs" rel="follow">Fidenza."</a>
{LuckyProjectExplorerLink slug="fidenza-by-tyler-hobbs"}
<img style="display: block; margin-left: auto; margin-right: auto;" src="https://d3c9os9v862gny.cloudfront.net/dXJsPWh0dHBzOi8vY2RuLmJ1dHRlcmNtcy5jb20vZVlYZUpwWGZSOXFJakN1ekFoajEmd2lkdGg9
NzI1" alt="undefined" width="261" height="326" />
Tyler is quoted as saying Fidenza's are his "most versatile generative algorithm to date."
The community has agreed with this sentiment trading nearly 25,000 ETH worth of the 1,000 piece collection since its release, pushing the floor price to 50 ETH at the time of writing.&nbsp;
Now Tyler Hobbs has been working on a series 1/1 plotter drawings in a collection entitled "F(l)ight." Having only released images on Twitter, Hobbs has yet to mention if any of these new algorithmic drawings will go up for sale.&nbsp;
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<h2>Jonathan Lindgren</h2>
Jonathan Lindgren&nbsp;is an up-and-coming 3D animator from Stockholm who works with soft, free flowing animations. As an award winning artist and 3D designer, Lindgren has worked with clients such as Google, Apple and Microsoft.
He joined the NFT scene a little over a year and has found success with his 1/1 works and Tiny Heroes NFT collection.&nbsp;
His 1/1 of pieces can be found on Foundation and have sold to other established artists like DeeKay Motion &amp; Vollut.eth. Pieces have ranged from 0.25 ETH - 1 ETH with his top auction "Wind Tempos" going for 3.124 ETH.&nbsp;
<img style="display: block; margin-left: auto; margin-right: auto;" src="https://d3c9os9v862gny.cloudfront.net/dXJsPWh0dHBzOi8vY2RuLmJ1dHRlcmNtcy5jb20vYmZwV2M5eWlTOFdjSzdzMDdwNU4md2lkdGg9
NzI1" alt="undefined" width="357" height="446" />
After growing a following in the NFT space, Lindgren has begun to work on a collection of miniature hero 3D figurines entitled "Tiny Heroes." The collection has been primarily available through early access which can be received through various competitions within the Tiny Heroes Discord.
Each character ranges from 0.25 ETH to 0.6 ETH depending on rarity class and currently holds a 1.25 ETH floor.&nbsp;
In tandem with the "Tiny Heroes" collection, Jonathan has been teaming up with projects like Cycl:R to create other Tiny Heroes artwork outside of the collection.
Although a smaller following, ~5,000 Discord followers, as an artist, Jonathan has been growing and succeeding in the NFT space this last year.&nbsp;
<h2>XCOPY</h2>
XCOPY&nbsp;one of the most recognizable names in NFTs, hails from London and has sold nearly 2,000 NFT pieces. These works now have accumulated a total value of roughly $45M with a high sale of $4,358,359.20 for "All Time High in the City."
XCOPY, an anonymous digital artist, creates work with a focus on death and dystopian worlds, often including looping and flashing imagery.
Most of the works come with an epilepsy warning, with his famous "Right Click and Save As guy" being featured on BBC.&nbsp;
<img style="display: block; margin-left: auto; margin-right: auto;" src="https://d3c9os9v862gny.cloudfront.net/dXJsPWh0dHBzOi8vY2RuLmJ1dHRlcmNtcy5jb20vZEp4MGVlWlhTN2lQSjFjQzNxZDMmd2lkdGg9
NzI1" alt="undefined" width="501" height="309" />
XCOPY has not released any information on upcoming auctions or drops, but his collection "<a href="https://luckytrader.com/nft/grifters-by-xcopy" rel="follow">Grifters</a>" continues to hold a 12 ETH floor as the cheapest entry point to any XCOPY work.&nbsp;
{LuckyProjectExplorerLink slug="grifters-by-xcopy"}
<h2>Vinnie Hager</h2>
Vinnie Hager is an American artist and designer from Baltimore, Maryland who specializes in thick colorful line art.
Hager studied visual design at community college before attending Maryland Institute College of Art where he graduated with a Bachelor's Degree in Fine Arts.&nbsp;
Vinnie's big break into NFTs has been his "<a href="https://luckytrader.com/nft/letters-by-vinnie-hager" rel="follow">Letters</a>" collection, a set that includes 1,000 hand illustrated 1-of-1 NFTs. Each Letter features his signature line work and colorful style.&nbsp;
{LuckyProjectExplorerLink slug="letters-by-vinnie-hager"}
<img style="display: block; margin-left: auto; margin-right: auto;" src="https://d3c9os9v862gny.cloudfront.net/dXJsPWh0dHBzOi8vY2RuLmJ1dHRlcmNtcy5jb20vSzlTamR4bkpTQk8wWk9MbmNjcmUmd2lkdGg9
NzI1" alt="undefined" width="288" height="284" />
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NFT Artist Roundup | Killer Acid Sells "The Scream, 2022" for 31.069 ETH

Killer Acid's "The Scream, 2022" Sells for 31.069 ETH

NFT Artist Roundup: In this recap, we'll break down some of the most notable NFT artists, their upcoming works, and news surrounding different creators each week.

As the NFT scene continues to hype 10,000 piece profile picture projects, various digital artists are diligently creating and growing in the expanding NFT space. In this weekly recap, we'll break down some of the most notable NFT Artists and their upcoming works. This week we will be featuring a top selling generative artist, an up-and-coming 3D animator, and three other unique NFT artists.

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Fidenza by Tyler Hobbs Guides, Tutorials, & FAQs

Creditors Eye Three Arrows' Grail NFTs

NFT Artist Roundup | Killer Acid Sells "The Scream, 2022" for 31.069 ETH