Category: Christie’s

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Christie’s moves on-chain with NFT auction platform on Ethereum

The new marketplace allows the prestigious auction house to carry out auctions and sales on the Ethereum blockchain “from start to finish.” After a series of successful high-priced nonfungible token (NFT) sales, Christie’s has launched its own dedicated NFT “on-chain auction platform,” allowing auctions to be carried out fully on-chain on the Ethereum network. The…
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Jihan Wu-Backed Crypto Miner Bitdeer Acquires ‘Singapore’s Fort Knox’ for $28.4 Million

Sources have disclosed that the digital currency mining operation, Bitdeer Technologies, has purchased a high-security storage and display facility in Singapore called Le Freeport for $28.4 million. Bitdeer’s chairman, Jihan Wu, confirmed the vault acquisition via a text message following the reports that revealed the mining firm purchased Le Freeport. Bitdeer Purchases Maximum Security Vault…
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Leading Auction House Christie’s Launches Web3 and Fintech Venture Arm

On Monday, Christie’s, the leading British auction house founded 256 years ago in 1766, announced the launch of a new venture fund called Christie’s Ventures. According to the announcement, the company’s venture arm plans to focus on “[Web3] innovation, art-related financial products and solutions, and technologies that enable seamless consumption of art.” Christie’s Ventures to…
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Christie’s launches venture fund aimed at Web3 and blockchain investments

According to the auction company, its first investment will be in LayerZero Labs, a company developing solutions for enabling omnichain decentralized applications. Christie’s, the auction house known for its sales of art and luxury items, has launched an investment fund to support emerging companies with technology enabling “seamless consumption of art.” In a Monday announcement,…
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Report: Luxury Fashion Retailer Farfetch to Accept Crypto Assets for Payments

The British-Portuguese luxury fashion retailer Farfetch said it will accept crypto assets soon thanks to a partnership with the German crypto platform Lunu. Farfetch will accept seven different crypto assets including bitcoin, ethereum, and binance coin, and the feature will be rolled out to select clients and then expanded to the general public. Luxury…
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Beeple’s Latest NFT ‘Human One’ Sells for $29M, Artist Plans to ‘Enhance the Displayed Artwork’ During His Lifetime

This year the American artist Michael Winkelmann, otherwise known as Beeple, made history when he sold his non-fungible token (NFT) artwork “Everydays” for $69.3 million on March 11. Beeple’s latest NFT called “Human One” is a life-sized NFT sculpture that sold for $29 million, and the artist will update the NFT during the course of…
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Sotheby’s to Bring Down the Hammer in Ethereum on 2 Iconic Banksy Paintings

Sotheby’s, the British-founded American luxury auction house, has announced the company will be selling Banksy works for real-time bids in ethereum at “The Now Evening Auction” on November 18. While the upcoming auction will have pieces from highly acclaimed artists such as Mark Bradford and Yoshitomo Nara, Banksy’s “Love in the Air” and “Trolley Hunters”…
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Beeple’s Discord compromised, timed to coincide with Christie’s auction

Users thought they were signing up for an affordable NFT drop by the famed artist, timed to coincide with his second Christie’s auction. An admin account for Beeple’s official Discord group was compromised overnight resulting in a fake NFT drop that saw users lose an estimated 38 ETH. An admin from Beeple’s Discord named “Multi” …
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Bleeple’s “Human One,” A Sculpture + NFT Hybrid, Sold For $28.9M At Christie’s

Digital artist Bleeple cemented his place in the history books with this one. Auction house Christie’s sold his human-size 3D video sculpture and NFT hybrid in their first live event since the pandemic. The piece exceeded expectations, the projections had “Human One” selling for $15M and it almost doubled that. Does this hybrid format open…
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Italian Luxury Fashion House Dolce & Gabbana Sells NFT Collection for $5.7 Million

On September 30, the Italian luxury fashion house Dolce & Gabbana sold an NFT collection for $5.7 million or 1,885 ether. The designers’ Collezione Genesi collection was sold via the platform UNXD, a Polygon network-powered marketplace. Dolce and Gabbana’s Collezione Genesi Rakes in 1,885 Ether Dolce and Gabbana’s first-ever non-fungible-token (NFT) drop, Collezione Genesi…
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