Yuga Labs auctioned off collections of Bored Ape Yacht Club and Bored Ape Kennel Club NFT that generated $24 million and $1.83 million respectively. The auction of Yuga Labs’ 101 Bored Ape Yacht Club (BAYC) collection has smashed through expectations with a winning bid of $24.39 million. The auction closed on Sept.10 and was hosted…
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Da Vinci’s artwork has received the highest bid at 150,500 BUSD in the Hermitage’s first NFT auction on Binance. Despite the Russian state maintaining a mostly unfriendly stance on cryptocurrencies like Bitcoin (BTC), a major state-backed museum is benefiting from the industry by raising hundreds of thousands of dollars with nonfungible tokens, or NFTs. The…
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People on Twitter were accusing Pranksy of wash trading a CryptoPunk NFT, Dolce & Gabbana is auctioning luxury NFTs to “approved bidders” and FTX was spammed with tokenized fish. Dolce & Gabbana knocking on the Dior of NFTs Luxury Italian fashion house Dolce & Gabbana is entering the NFT sector with a nine-piece collection of…
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An ultra-rare (and extremely valuable) CryptoPunk is set for a solo auction at Sotheby’s. One ultra-rare CryptoPunk is set for some extra stage time at a hotly anticipated upcoming auction. In a Tweet today, luxury auction house Sotheby’s announced that the sale of CryptoPunk #7530, also known as “Covid Alien”, will be offered during a…
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KSM rallied to a new all-time high as investors rushed into new positions in order to participate in the hype surrounding the upcoming parachain auctions. Major protocol upgrades are one of the most potent sources of price movement for cryptocurrency projects as community members and investors get excited about new features and traders rush in…
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Winner of landmark auction breaks down his investment thesis on NFTs. Nonfungible tokens are “ten times better than their physical counterparts”, according to digital art collector MetaKovan. The pseudonymous art patron, who was recently revealed to be blockchain entrepreneur Vingaresh Sundaresan, bought the NFT of Beeple’s “EVERYDAYS: THE FIRST 5000 DAYS” for $69 million dollars…
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Located in Union Square, the location will display NFTs on auction on high-res screens. Mainstream adoption of nonfungible tokens doesn’t seem to be slowing down anytime soon as the first-ever art gallery dedicated solely to NFT-backed art has opened in New York City. Superchief, an artist collective that operates galleries in New York and Los…
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Sophia the Robot has generated more than $1 million in NFT sales, Bhad Bhabie is dropping NFTs to help the “troubled teen industry”, Cardano trying to convince top NFT platforms to port over. If creative self-doubt and competition between humans in the art world weren’t already hard enough, artists now face the prospect of battling…
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The NYT goes NFT as tokenized article auctions for over $500,000 “It’s worth a try,” wrote New York Times columnist Kevin Roose of his attempt to auction one of his articles as a non-fungible token (NFT). Just a day later, however, it appears to be worth much more than that. After publishing a step-by-step NFT explainer…
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Algorand helps secure almost 100,000 authors’ copyrights, NFTs raise breast cancer awareness, the New York Times gets in on the action, and more. Italian copyright collecting agency Società Italiana degli Autori ed Editori, SIAE, has minted more than four million NFTs on the Algorand blockchain to digitally represent the rights of more than 95,000 authors.…
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