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25 articles found
Latest
U.S. Court Approves Silk Road Bitcoin Auction
A federal court in California has authorized the U.S. government to sell off a record-breaking haul of seized cryptocurrency linked to Silk Road. The total revenue from the sale could reach $6.5 billion.
Biggest Bitcoin Auction Ever: U.S. to Sell Silk Road’s $4.4B Loot
The U.S. government is poised to significantly increase its funds following a Supreme Court ruling that opens the door for the sale of 69,370 BTC, seized from the notorious Silk Road dark web marketplace.
Footprint Charts: Imbalance, Absorption, and Auction in Trading
Using Footprint Charts in trading can significantly improve the accuracy of your setups and provide deeper insights into the interaction between buyers and sellers. While traditional bars might show a simple sweep, Footprint Charts reveal the detailed struggle between market participants.
A Look Inside Sotheby’s NFT Arm
The world-famous auction house Sotheby’s has launched a full-fledged NFT project GEN.ART. Let’s find out what this beast is all about.
Christie's Hosts Auction in Support of Psychedelic Research
"Cartography of the Soul" presents itself as both a tangible exhibition and an NFT online auction, offering viewers a journey through the labyrinth of the psyche. Adding a distinctive allure to the Christie's project is the portrayal of the artists' personal experiences with psychedelics in numerous works.
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Beeple and Christie's Open Digital Art Gallery in Charleston
In the past, digital artworks were limited to the virtual realm. But now, physical digital galleries are emerging worldwide, and one of them is Beeple Studio, launched by the artist Beeple and the auction house Christie's.
Sotheby's to hold its first NFT auction in the metaverse
Sotheby's and Paris Blockchain Week, in partnership with RLTY World, are preparing for a joint metaverse NFT auction. The event is called the Oddly Satisfying Sale.
The "metaverse" term's father work to be sold at Sotheby's
The original manuscript (not NFT, hehe) of Neil Stephenson's cult novel Snow Crash will be up for an online auction. The word "metaverse" first appeared in this work (check Wikipedia).
Singapore Launches DeFi Project Guardian
The Monetary Authority of Singapore (MAS) held the first live auction under Project Guardian. In fact, they have become a testing ground for institutional-level DeFi protocols.
Telegram Almost Ready to Auction Unique Usernames
Telegram has delivered on its idea to create a marketplace for trading NFT-like unique usernames on the platform.
Justin Sun Buys a Banana for $6.2 Million at Sotheby’s
Justin Sun has acquired the famous artwork "Comedian" by Maurizio Cattelan at a Sotheby’s auction for $6.2 million.
FTX Estate to Auction 22.3 Million Worldcoin Tokens
FTX Estate is set to auction 22.3 million Worldcoin (WLD) tokens at a significant discount, currently valued at $35 million. This sale is part of the ongoing efforts to recover funds for creditors of the bankrupt crypto exchange founded by Sam Bankman-Fried.
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Jesse Powell Comments on the Potential FTX Reboot
“FTX 2.0 would be worse than starting from scratch. No team, no tech, no licenses, no banking, tarnished brand. The trustee should just auction off the domain and trademark to the highest bidder. Anything beyond that is simply a fee extraction attack on delusional creditors,” — tweeted Kraken founder. Who would actually be interested in buying FTX?
Sotheby’s Sells All Vera Molnár’s Art Within an Hour!
Sotheby’s Gen Art Program, featuring works by the 99-year-old artist Vera Molnár, made a sensational debut, with all pieces selling within an hour above the base price of 1.5 ETH. The auction culminated in 631 ETH, equivalent to $1.2 million. Molnár’s artworks present intricate algorithmic transformations, converting hand-drawn variations of letters N, F, and T into captivating black-and-white graphics with mesmerizing color combinations.
NFT Collection from Collapsed 3AC to be Auctioned by Sotheby's
On April 19, Sotheby's revealed plans to auction a distinctive digital art collection originating from the now-dissolved crypto hedge fund, Three Arrows Capital (3AC). The assortment comprises nonfungible tokens (NFTs) curated as a segment of 3AC's digital portfolio in 2021.
How much does Genesis owe?
By May 22, the bankrupt creditor Genesis will finalize the amount it owes to customers. On June 27, the company will be sold at auction to cover losses.
Yuga Labs' debut brings in $16.5 mln in 24 hours
Yuga Labs' Bitcoin Ordinal auction has come to a close, with a total of 288 bidders snapping up 735 NFTs from the TwelveFold collection. The web studio’s very first foray into the bitcoin blockchain can definitely be called a success.
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Genesis wipes away creditors' tears
At Genesis' first bankruptcy hearing, the company's lawyer expressed confidence that it would resolve its disputes with creditors by the end of the week. Genesis plans to exit the bankruptcy in 4 months from now. The company plans to pay employees and vendors first, and then to auction off its assets to pay creditors by May. A simple calculation of the math shows that Genesis holds $5 billion in assets and liabilities, while its debt estimates to $3.4 billion.
Proof-of-Skate: Golden NFT-backed skateboards sold out for $2.5 m
Azuki auction has raised $2.5 million with eight golden skateboard NFTs. The Proof-of-Skate collection was the brand's first experience of merging the digital and material worlds.
Telegram’s Creator Has Floated an NFT-related Idea
Pavel Durov, the founder of Telegram messenger, is impressed by the TON DNS auction, which he describes as a success.
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