Auction Financial News

24.08 / 23:45

Art NFT Auction Instagram place NFTs are a 'natural place' for digital artists — Gal Yosef

The hype surrounding nonfungible tokens, or NFTs, may have died down in recent months due to the crypto bear market, but that hasn’t stopped digital artists from experimenting in the new and exciting space. Gal Yosef, a globally renowned self-taught artist in the field of 3D art and animation, has proven his versatility by launching two successful NFT collections. In an exclusive interview with Cointelegraph, Yosef explained why NFTs are a “natural” transition for digital artists and why the industry is poised to grow despite current headwinds.

18.07 / 19:49

business Art Investments Auction Christie's launches venture fund aimed at Web3 and blockchain investments

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.”

15.07 / 09:55

Marketplace Auction shopping Sandbox Nifty News: Old Navy's BAYC shirts, expensive whisky NFTs, Sandbox publishing

A bottle of 52-year-old whisky made at Japan’s famous defunct Karuizawa distillery is being auctioned off as an NFT.

13.06 / 08:03

Hollywood Art virtual reality Auction Nifty News: Kraft Foods files for NFT and Metaverse patents, Seth Green gets his ape back, and more…

American food manufacturing and processing giant Kraft Foods Group has filed NFT and Metaverse patents for several of its popular brands.

21.05 / 05:33

Blockchain Technology Adoption Auction stake Stake or DApp? With liquid staking, you don’t have to choose

Last summer, Polkadot made its own little bit of history after confirming the first five projects to occupy parachain slots on its canary network Kusama. Disparate blockchains that bolt onto Polkadot’s main Relay Chain for security, yet are otherwise independent, parachains represent a new way of doing business in blockchain, a maximalist vision aimed at enhancing scalability and governance while permitting the possibility of forkless upgrades. The five projects were Karura, Moonriver, Shiden, Khala and Bifrost.

25.04 / 08:15

Hackers Auction Coding Explained BUG AkuDreams dev team locks up $34M due to smart contract bug

The highly anticipated NFT project Akutars was marred by both an exploit and a bug on the weekend causing over 11,500 Ethereum (ETH) worth nearly $33 million to be locked forever within a smart contract, inaccessible even to the development team.

14.04 / 08:53

business NFT Metaverse Auction Nifty News: Meta wants 50% of NFT sales, Coke’s Metaverse flavor... and more

Meta has announced plans to charge 47.5% on each item sold on its new Meta Quest app store, including nonfungible tokens (NFT) when they are available.

25.02 / 01:05

Art NFT Crypto Collectibles Auction CryptoPunks 'have changed the history of art,' says panel at Sotheby's auction

CryptoPunks enthusiasts and hopeful bidders gathered Wednesday night at Sotheby's auction house in New York City for what turned out to be a non-event after the consignor of 104 CryptoPunks decided to hodl.

24.02 / 09:29

Art NFT Crypto Collectibles Auction Seller 'rugs' $30M CryptoPunks collection minutes before Sotheby’s auction

NFT enthusiasts and fine art collectors have been left confused, after an auction for a collection of 104 CryptoPunks estimated to be worth around $30 million was canceled at the last-minute.

23.02 / 11:55

cryptocurrency NFT Auction Artist destroyed Lamborghini to create NFTs. His collection is going up for auction

A conceptual artist, who blew up a Lamborghini earlier in February to register their protest against crypto greed, has converted videos of the car’s parts into non-fungible tokens or NFTs, which they will sell at an auction on February 25.

20.02 / 17:20

Blockchain Art Adoption Auction Future We are all going public: Privacy rules, tax shelters and the future history of art

After a banner year of 2021 for individual object sales through nonfungible tokens (NFTs), 2022 is poised to be the year of MetaFi. A recap of Beeple, Christie’s, Visa and endless aping-in celebrities hardly feels necessary, except to point out that we seem to be standing on (or perhaps have already crossed over) a fundamental precipice. While the rocket-propelled ascent of NFT prices will not continue forever, numerous voices have predicted that a mature tech stack for discovering, vetting, valuing, trading and protecting collections of digital assets will soon emerge, without a crash.

12.02 / 21:43

Blockchain Technology Ethereum Auction How Polkadot’s parachain auctions make a decentralized Web3 possible

When Gavin Wood co-founded Ethereum, he stated that it would “allow people to interact in mutually beneficial ways without anyone needing to trust each other.” In theory, such a platform would pave the way for Web3, characterized by decentralized or distributed network architectures, that would lay the groundwork for a truly open internet where we would not have to blindly entrust our data to monopolistic corporations or get permission from them in order to participate.

03.02 / 11:01

Art Auction Wikileaks Top secret Julian Assange and Pak NFT collaboration is wikileaked

A collaborative NFT project from belagued Wikileaks founder Julian Assange and pseudonymous digital artist Pak is set to drop next week.

25.01 / 13:39

NFT Auction The Beatles and John Lennon music history collection to be auctioned as NFTs

John Lennon’s eldest son Julian is selling some of the rarest pieces of music history from his private collection.

17.01 / 21:15

Blockchain Crowdfunding Auction Copyright Crypto DAO spends €2.66M on Jodorowsky's Dune thinking they would own its copyright, receives mass ridicule on Twitter

Late Saturday, Spice DAO, a decentralized autonomous organization that owns a copy of an unpublished manuscript of Frank Herbert and Alejandro Jodorowsky's never-completed film Dune, announced its roadmap going forward. In the tweet, Spice DAO said it would "Make the book public, produce an original animated limited series inspired by the book and sell it to a streaming service, and support derivative projects from the community." The group had previously won the Christie's auction in November for the copy's sale at 2.66 million euros (a little over $3 million), or about 89 times its price estimates at the midpoint.

13.01 / 06:55

Art NFT Auction Wikipedia 'Emergency': Wikipedia editors vote against classifying NFTs as art

A group of editors on Wikipedia, the free user generated encyclopedia, have voted against classifying NFTs as a form of art and have come to a consensus to shelve the issue until a later date.

12.01 / 08:01

business Art Auction Buy high, sell high: Custom pipe-maker to Snoop Dogg and Santana tokenizes bongs

Las Vegas-based glass pipe maker to the stars Jerome Baker Designs will launch a series of bong-related NFTs tied to corresponding physical assets early next month.

24.12 / 00:11

Charity Donations Auction Non-Profits Drop 3 embroidery artists weave NFT charity drop to help victims of human trafficking

Three embroidery artists — Russia’s Katerina Marchenko, Brazil's Aline Brant and Ninni Luhtasaari of Finland — announced Thursday that they will be auctioning their nonfungible token (NFT) art pieces to support Hope for the Future (HFTF), a registered charity based in Austria. Proceeds from the auction will help victims of human trafficking find entry-level work positions after their harrowing experiences.

17.12 / 13:43

Adoption Apple Auction Wikipedia First Wikipedia edit NFT sells at Christie’s for $750K

After celebrating its 20th anniversary in January, the free Internet encyclopedia Wikipedia continues making history by selling its first nonfungible token (NFT) via auction giant Christie’s.

09.12 / 22:17

Ethereum Art Auction Silk Road Ross Ulbricht’s debut NFT sold for $6.2M at auction

After announcing the launch of his "Genesis Collection" NFT auction, Ross Ulbricht, alleged founder of dark web marketplace Silk Road, has sold his first NFT for $6.2 million or 1,446 ETH at auction.

07.12 / 07:57

NFT Metaverse Auction robotics Sophia AI robot to be tokenized for Metaverse appearance

A virtual anime version of Sophia, the world-famous humanoid artificial intelligence (AI) robot, is set to be tokenized and auctioned off as part of an up-and-coming Metaverse project dubbed “Noah’s Ark.”

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