• The buyer of Beeple's $69 million artwork now says NFTs are a huge risk as talk of a bubble grows

    4 days ago - By Business Insider

    Vignesh Sundaresan bought Beeple's "Everydays" NFT for $69 million
    Christie's Images Ltd 2021/Beeple/Handout via Reuters
    The buyer of Beeple's $69 million NFT has said investing in the assets is a "huge risk." Vignesh Sundaresan said he thinks the hype around NFTs will fade. A number of people are warning about a bubble in NFTs, and the market has slowed sharply. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Investing in non-fungible tokens is a "huge risk," according to the entrepreneur who spent $69 million on an NFT has said. His voice is the latest in a...
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