Art Financial News

19.07 / 09:39

Provident Art Digital audience Collectibles Can AI fix digital collectibles slump? No, says $69m NFT creator

The intersection of artificial intelligence and nonfungible tokens provides no simple antidote for the slump in the market for digital collectibles, according to the artist Beeple.

14.07 / 16:29

Blockchain Art Binance Crime ETF Fashion Bitwise National BTC ETF Multichain Spot BTC ETF Today in Crypto: Multichain Halts Operations Due to Lack of Funds and CEO's Arrest, Indonesia to Launch National Crypto Exchange This Month, US SEC Acknowledges Bitwise's Spot BTC ETF Application

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

14.07 / 12:21

Art NFT Europe Non-fungible tokens UK Fractionalized NFT Project Particle Sends Banksy Artwork on Loan to Global Museums

Digital art platform Particle will loan its fractionalized Banksy painting to major museums across the world.

28.06 / 10:29

Blockchain Art NFT Web3 Gaming Backed Standard NFTs backed by real-world items: The new gold standard in AI-based gaming?

The NFT market is continually evolving — and there’s one intriguing trend that’s enhancing their utility even further: tying digital assets to real-world items.

26.06 / 11:39

Art NFT Tokens Marketplace Standard This platform’s EFT standard makes trading downloadable encrypted content accessible

In 2021, Forbes hinted at NFTs being the future of e-commerce, a reality that is becoming increasingly apparent today. Amanda Cassat, ex-chief marketing officer of ConsenSys, went even further, predicting:

26.06 / 10:25

Art NFT Sport Non-fungible tokens Opensea FC Barcelona Partners with World of Women for NFT Collection

European football giant FC Barcelona has partnered with the non-fungible token (NFT) ecosystem World of Women to release the second piece in its 'Masterpiece' collection.

22.06 / 14:21

Art Adoption NFT Europe Faroe Islands postal service issues NFT-embedded stamps

The Faroe Islands have issued a new series of digital “crypto stamps,” with a digital copy stored on the blockchain as a nonfungible token (NFT) while still serving as actual postage.

22.06 / 12:35

Art Adoption NFT Artists How NFTs help to empower Ukrainian artists and preserve fragile art — Q&A with CityX

The ongoing war in Ukraine has had devastating consequences, including the destruction of cultural and historical objects. As the conflict continues, it is critical to protect Ukrainian artworks and cultural heritage. By using innovative technologies such as blockchain and nonfungible tokens (NFTs), art enthusiasts can ensure the protection and longevity of Ukrainian art, allowing future generations to appreciate and learn from its profound significance.

19.06 / 13:19

Art Adoption NFT Web3 Artists Future Slow Food: Kenny Schachter reflects on blockchain art’s past, present and future

With crypto in a state of turbulent flux, a demographic of nonfungible token (NFT) detractors in the fine art world might feel trigger-happy to, at last, declare the industry down for the count.

16.06 / 03:22

business Art NFT Artists Auction Sotheby’s auctions off Dmitri Cherniak’s ‘The Goose’ NFT from 3AC collection for $6.2M

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.

08.06 / 10:07

Blockchain Art Adoption NFT Web3 Web3 is transforming the music industry — Here’s how

Blockchain technology, the backbone of Web3, can take the engage-to-earn model for artists to a new level, enabling more direct and meaningful interactions with fans. Thanks to its unmatched security and features, such as decentralization and tokenization of assets, artists can create unparalleled experiences for fans and for themselves. For example, they can leverage the technology to retain full ownership rights of their work and directly monetize their content. Many artists, including musicians and digital artists, have been using nonfungible tokens (NFTs) to tokenize their creations.

06.06 / 18:47

business Art Adoption regulation Court Bankruptcy Metropolitan Museum of Art to return $550K in donations from FTX

The Metropolitan Museum of Art (Met) is set to return $550,000 in donations it received from crypto exchange FTX prior to its collapse in November.

06.06 / 17:51

Art Legal Donations FTX Metropolitan Museum of Art to Refund $550K in Donations from FTX

The New York-based Metropolitan Museum of Art will return more than half a million dollars in donations it received from the now-defunct crypto exchange FTX.

31.05 / 09:55

Ethereum Art NFT Non-fungible tokens Mercedes-Benz's Web3 Arm Teams Up with Fingerprints DAO for New NFT Collection

Digital art organization Fingerprints DAO has teamed up with Dutch artist Harm van den Dorpel and German car giant Mercedes Benz on a generative art non-fungible token (NFT) collection.

27.05 / 02:45

Art NFT Gold Drop Crypto hater Peter Schiff to drop Bitcoin Ordinals NFT art collection

In what seems like a parody but isn't, Economist, gold proponent and avid crypto skeptic Peter Schiff has unveiled a collaborative nonfungible token (NFT) art collection on Bitcoin that will soon go up for auction.

12.05 / 14:29

Art Adoption defi Web3 Virtual Property Intellectual Property Web3 community-building meets music technology at Wavelengths Summit 2023

Web3 has become one of the hottest buzzwords in the music industry, with everyone from independent musicians to major label artists dropping nonfungible token (NFT) collections and throwing concerts in the metaverse. But for many, the actual use cases and potential of these technologies remain shrouded in mystery and confusion.

06.05 / 04:21

Hollywood Art NFT Crypto Collectibles Gambling Blockchain Game Pudgy Penguins Nifty News: Pudgy Penguins signs with WME, Bitblox to make Web3 gambling games and more....

Blue chip nonfungible token (NFT) project Pudgy Penguins has signed a representation deal with major Hollywood talent agency William Morris Endeavor (WME).

05.05 / 19:37

Technology Art NFT Artists Metaverse Tech Artists face a choice with AI: Adapt or become obsolete

The artificial intelligence art gold rush began around 2018 when Christie’s auctioned “Portrait of Edmond Belamy” for an astounding $432,500. Since then, it has been an up-only journey for AI-generated images.

02.05 / 02:55

Art Adoption NFT Artists Auction Sotheby’s auction house launches on-chain secondary NFT marketplace

Luxury auction house Sotheby’s has announced the addition of a new on-chain marketplace that allows digital art collectors to purchase secondary NFTs.

26.04 / 14:29

business Art Adoption The rise of AI and the impact it could have on the music industry

Artificial intelligence (AI) has exploded into popular culture, and the music industry is not immune to its impact. From songwriting and music production to marketing and distribution, AI is revolutionizing all aspects of this beloved art form.

24.04 / 10:33

Art Adoption copyrights Artists Musician Grimes willing to “split 50% royalties” with AI-generated music

The swift rise of artificial intelligence (AI)- generated art has shaken creatives across various industries. While many have highlighted copyright infringement issues involving AI-generated art, not all artists are against the fusion of AI and their intellectual property.

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