Category: Auction

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BitRam Artwork Auction 11-13th June

Scarce City X VESA = Bitram Auction Now LIVE Get ready for the legendary Scarce City dropping a hot auction with OG artist VESA. June 11-13th. https://www.newsbtc.com/wp-content/uploads/2024/06/BitRam-Artwork-Auction-with-Scarce-City-June-11-13th.mp4 Presenting a VESA original, Bitram. Watch a video on how the artwork was made and what it is all about. It’s the first Bitcoin specific piece VESA has…
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‘Buy Bitcoin’ Sign Held up During Yellen’s Testimony to Congress in 2017 Sells For $1M

The infamous “Buy Bitcoin” sign held up by Christian Langalis during Federal Reserve Chair Janet Yellen’s Congressional testimony in 2017 has been sold for a staggering $1 million.  Langalis, also known as the “Bitcoin Sign Guy” auctioned off the Bitcoin sign sketched on a yellow legal pad between April 18-24, 7 pm ET. The final…
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FTX Estate Plans Auction for Locked Solana Tokens

Bankrupt cryptocurrency exchange FTX is preparing to offload more of its locked Solana (SOL) tokens through an auction, diverging from its previous method of selling at a set price, as announced by Mike Cagney of Figure Markets. This decision follows FTX’s recent sales of SOL tokens, amounting to approximately $1.9 billion and $2.6 billion in…
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‘Buy Bitcoin’ Sign Held up During Yellen’s Testimony to Congress in 2017 Being Auctioned Off

In 2017, a meme of Christian Langalis went viral after he held up a “Buy Bitcoin” sign during Federal Reserve Chair Janet Yellen’s Congressional testimony.  Langalis, also known as the “Bitcoin Sign Guy” is now auctioning off the exact same Bitcoin sign sketched on a yellow legal pad that he held up behind Yellen.  The…
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BRICS Bank Issues First ZAR Bonds as It Looks to Use Local Currencies

The New Development Bank (NDB), established by the BRICS bloc of emerging economies, has issued its first bonds denominated in South African rand (ZAR). The auction, which was closed on Tuesday, is part of the bank’s efforts to increase both fundraising and lending in local currencies. Development Bank Founded by BRICS Debuts South African Rand…
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US Government Transfers $300 Million Worth of Seized Silk Road Bitcoins

On July 12, 2023, onchain data shows the U.S. government transferred 9,800 bitcoins (BTC), worth just over $300 million. These bitcoins originally came from James Zhong’s Silk Road hack. In March, the Department of Justice also moved a similar amount of bitcoins associated with Silk Road. Silk Road Bitcoin Stash Controlled by the Feds Moves,…
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Sotheby’s auctions off Dmitri Cherniak’s ‘The Goose’ NFT from 3AC collection for $6.2M

Su Zhu and Kyle Davies originally purchased ‘The Goose’ digital artwork in August 2021 for roughly $5.8 million in Ether. Sotheby’s auction house has sold a piece of digital artwork from the collection of collapsed crypto hedge fund Three Arrows Capital (3AC) for more than $6 million. According to auction records updated June 15, Dmitri…
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Sotheby’s auction house launches on-chain secondary NFT marketplace

The luxury auction house has developed a fully on-chain sales system where users can purchase curated NFTs on the Ethereum and Polygon networks. Luxury auction house Sotheby’s has announced the addition of a new on-chain marketplace that allows digital art collectors to purchase secondary NFTs. While many pre-existing NFT marketplaces already host peer-to-peer sales of…
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Sotheby’s will auction off part of 3AC’s digital art collection

Among the pieces being auctioned include a zombie CryptoPunk and Autoglyphs from Larva Labs as well as Dmitri Cherniak’s artwork ‘The Golden Goose’. Sotheby’s auction house said it will be selling off a digital artwork collection formed as part of collapsed crypto hedge fund Three Arrows Capital, or 3AC. In an April 19 announcement, Sotheby’s…
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US Government Plans to Sell Over 41,000 Bitcoins Confiscated from Silk Road Hacker

According to a court document filed on March 31, 2023, regarding the sentencing of James Zhong, who stole over 50,000 bitcoin from the Silk Road marketplace, the U.S. government plans to liquidate 41,490 bitcoin “over the course of this calendar year.” U.S. Government Discloses Strategy for Selling Confiscated Bitcoin The U.S. government, one of the…
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