Art Financial News

19.04 / 21:57

business Art NFT Auction Digital Asset Sotheby's will auction off part of 3AC's digital art collection

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.

17.04 / 14:39

business Art NFT Artists Virtual Property Intellectual Property Building communities and ensuring NFT success: Insights for artists

The importance of building communities cannot be underestimated in the rapidly changing art world, driven by technology and the explosion of nonfungible tokens (NFTs) in the last two years. An audience is a social media following, but a community is a group of people working toward a common goal.

11.04 / 07:25

business Art NFT Tokens Artists data Survey Utility Utility and long-term profits top reasons for NFT purchases: CoinGecko study

Utility and long-term profits have been ranked as the top reasons for buying non-fungible tokens (NFTs), according to a survey conducted by CoinGecko and Blockchain Research Lab.

07.04 / 13:49

Art community Bitcoin Community Bitcoin Dollar Tattooing Bitcoin: Advocates wear cryptocurrency on their sleeve

Got Bitcoin ink? Many Bitcoin believers do. But what are the risks? What about privacy? And what happens if — one fateful day — Bitcoin crashes and burns to zero?

01.04 / 10:13

Blockchain Art NFT Trading data Future Beyond digital art: Exploring the impact and future of NFTs across industries — BitsCrunch Q&A

While the NFT space has been through its fair share of peaks and troughs, the potential to transform industries is inherent in this asset class. Unfortunately, there are still many points of improvement to be achieved before NFTs can reach the mainstream effectively.

25.03 / 11:37

Ethereum Art NFT Investments Crypto Collectibles Burn Loans NFT investor accidentally burns $135K CryptoPunk trying to borrow money

A nonfungible token (NFT) from the CryptoPunks collection worth 77 Ether (ETH) was sent to a burn address to be permanently destroyed. However, the collector intended to borrow some money against it to buy another NFT.

16.03 / 00:49

Facebook Art Binance Artists Instagram Meta scraps NFTs on Instagram and Facebook: Nifty Newsletter, March 8–14

Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights.

13.03 / 17:49

Blockchain Technology Art Adoption NFT Tokens Artists 11 classic memes that have been sold as NFTs

Nonfungible token (NFT) memes have brought mainstream attention to the world of NFTs and digital art, helping to expand the market and increase its legitimacy. The high prices paid for some NFT memes have demonstrated the value of online culture and the emotional connection that people can have to internet memes. NFT memes have also created a new way for creators and artists to monetize their work, potentially leading to new opportunities and revenue streams in the digital economy.

08.03 / 15:51

Art NFT Web3 Artists Metaverse The metaverse is getting a greenhouse and a garden full of NFT flowers

The world of Web3 has offered users the opportunity to recreate their digital identity, along with offering new avenues of creative expression and individuality. This is more so the case as nonfungible tokens (NFTs) become more dynamic and personalizable.

05.03 / 11:11

business Art Binance NFT hackathon Binance USD BNB Chain hackathon winner accuses Binance of stealing AI-powered NFTs idea

Crypto exchange Binance has been accused of “blatantly” copying the winner of the BNB Chain hackathon after launching Bicasso — an AI-based nonfungible token (NFT) creation tool. Binance allegedly ripped off a tool created by Chatcasso just two months after awarding them first prize in a BNB Chain hackathon held in Seoul between Dec. 17 to 19, 2022.

02.03 / 08:03

Art Binance NFT Binance's AI-powered NFT generator hits 10K mints in 2.5 hours

Binance’s newly launched artificial intelligence-powered nonfungible token (NFT) generator has been churning out digital art at full capacity, reaching a cap of 10,000 NFT mints in just 2.5 hours after launch.

22.02 / 16:05

Blockchain Art Adoption NFT Tokens Historical Titanic artifacts to be tokenized as NFT with new partnership

Artifacts recovered from the wreckage of the Titanic are set to be tokenized using blockchain technology through a partnership driven by the company that acts as the steward of the sunken vessel.

19.02 / 17:09

business Blockchain Technology Ethereum Art Adoption Digital 5 ways to monetize your digital art with NFTs

Nonfungible tokens (NFTs) offer a new way to sell and distribute digital art, and they have the potential to unlock new revenue streams for artists in the digital age. Here are five ways to monetize your digital art with NFTs.

19.02 / 10:21

business Art NFT Artists Crypto Collectibles ApeCoin Yuga Labs Intellectual Property Yuga Labs accused of IP theft for trademarking BAYC wolf skull logo

The iconic wolf skull logo of Bored Ape Yacht Club (BAYC), Yuga Labs’ premier nonfungible tokens (NFTs) collections, was allegedly illegally trademarked without proper licenses. The image was originally released by a company specializing in drawing tutorials for children and beginners.

11.02 / 22:57

Art Adoption NFT Artists France's top modern art museum to display CryptoPunks, Autoglyphs NFTs

Paris's leading contemporary art museum, the Centre Pompidou announced on Feb. 10 an upcoming permanent exhibition targeting the intersection between art and the blockchain represented by nonfungible tokens (NFTs).

09.02 / 15:17

Blockchain Technology Art NFT Metaverse community Community-centric NFT collection for the hustlers goes live to the public

As the market turned from bullish to bearish, many critics were quick to question the legitimacy of new digital collectible releases. Fortunately, the market turn wasn’t an end to the asset class as a whole, but rather to the projects that weren’t rooted in real utility. Although the utility itself varies from rallying people in support of a social cause to building a community for like-minded individuals to interact, the conclusion is clear — the real value of digital collectibles is what it represents to their collectors.

02.02 / 16:05

Art Adoption Web3 Artists Metaverse Preserving and reinventing music festival legacy in the metaverse

The metaverse is becoming a destination for more brands, companies and communities to connect. A study from December 2022 revealed that 69% of users believe metaverse entertainment will reshape social life.

31.01 / 14:15

Blockchain Technology Art NFT Evolution of music and art arrives with NFT project for hit cross-genre single

In 2021, the world witnessed nonfungible tokens (NFTs) as a possible short-term investment opportunity and a way to make a quick buck.

30.01 / 14:10

Art Adoption Latin America Bitcoin Payments Bitcoin Time Bitcoin adoption of Guatemalan merchants grows one BTC tattoo at a time

Bitcoin (BTC) use in Guatemala is on the up. The Latin American country that borders El Salvador boasts Guatemalan-grown Bitcoin companies such as Ibex and Osmo, several Bitcoin Beach-inspired projects including Bitcoin Lake, and now, free BTC tattoos.

30.01 / 10:19

business Law Art NFT Artists Court Hermes v MetaBirkin: NFT trademark stoush heads to trial in Manhattan

The trademark infringement trial between French luxury brand Hermès and digital artist Mason Rothschild is set to go ahead on Jan. 30 in a Manhattan federal court.

30.01 / 09:35

business Blockchain Art Adoption NFT Bitcoin Community Bitcoin debate place Ordinals protocol sparks debate over NFT's place in the Bitcoin ecosystem

The recent launch of a nonfungible token (NFT) protocol on the Bitcoin mainnet has the crypto community divided over whether it’ll be good for the Bitcoin ecosystem.

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