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Sotheby's Auction House Revives Glitch Art Auction, New Gamer Uncovers $50,000 NFT
17.4.2023
Auction house Sotheby's has revived its “Glitch: Beyond Binary” NFT auction after facing backlash over lack of diversity with the initial launch.
The art sale will open on April 19 and feature 34 lots of digital art from different artists involved in the "glitch art" movement, the auction house...
Russian Law Enforcement Prepares to Seize Crypto Assets, Seeks Permission to Set Up Wallets
9.4.2023
Russian investigators are pressing the parliament and government in Moscow for permission to open their own cryptocurrency wallets. This would allow law enforcement agencies to seize digital assets during criminal cases and eventually sell them, something that authorities in the United States...
US Government Plans to Sell Over 41,000 Bitcoins Confiscated from Silk Road Hacker
1.4.2023
According to a court document filed on March 31, 2023, regarding the sentencing of James Zhong, who stole over 50,000 bitcoin from the Silk Road marketplace, the U.S. government plans to liquidate 41,490 bitcoin “over the course of this calendar year.” U.S. Government Discloses...
Rare Magic: The Gathering Card Broke Two Expensive Sales Records In One Month
28.3.2023
The most sought after Magic: The Gathering card looks relaxedly dignified to people who don’t play the game, displaying a stretching flower the same color as an overripe blueberry and its name in muted gray text: “Black Lotus.” A novice could appreciate the card, the art provided by deceased...
NFT Sales Drop 5.4% to $193M, Ethereum Dominates with $107M in Sales: Weekly Recap
25.3.2023
Over the past week, statistics show non-fungible token (NFT) sales totaled $193.08 million, down 5.44% from the previous week. Ethereum dominated NFT sales with more than $107 million or 55% of all sales, while Solana-centric NFT sales recorded $26.3 million or 13% of sales in the same period....
Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply
16.3.2023
The U.S. government and the Federal Deposit Insurance Corporation (FDIC) are auctioning off two failed American financial institutions, Silicon Valley Bank (SVB) and Signature Bank (SNBY), this week, with bids due by March 17. However, sources familiar with the matter said the qualifications...
Sotheby’s Holding Meme-Inspired NFT Auction Featuring Beeple
15.3.2023
The auction inspired by the popular subreddit “Oddly Satisfying” will feature works from artists Anyma, Beeple and Luis Ponce and is Sotherby’s first NFT auction in Paris
FDIC to attempt another auction of Silicon Valley Bank: Report
14.3.2023
Regulators are planning another auction for Silicon Valley Bank after the previous attempt to find a new owner failed
FDIC Planning to Try Auctioning Silicon Valley Bank Again: WSJ
13.3.2023
The designation of SVB’s failure as a potential systemic threat gives the FDIC more options to sell the bank
Report: Silicon Valley Bank Under FDIC Auction as Calls for Bailout Grow
12.3.2023
The U.S. Federal Deposit Insurance Corporation (FDIC) began an auction process for Silicon Valley Bank (SVB) late Saturday night, according to reports. Final bids are due by Sunday afternoon. Unnamed sources indicate that the FDIC is seeking to close the deal promptly after California regulators...
Makerdao Issues Emergency Proposal to Address $3.1B in USDC Collateral After Stablecoin Depegging Incident
11.3.2023
On March 11, 2023, the decentralized finance project Makerdao issued an emergency proposal following the USDC depegging incident that saw the stablecoin dip down to $0.877 per unit. At the time of writing, Makerdao commands $3.1 billion in USDC collateral that backs a portion of...
Nifty News: Jimmy Fallon wants exemption from BAYC trademark case
9.3.2023
Jimmy Fallon wants out of the BAYC trademark case while Blur is responsible for the NFT market’s 3-month high
Bitcoin NFT auction nets $16.5M in 24 hours: Nifty Newsletter, March 1–7
8.3.2023
An NFT generator powered by artificial intelligence was recently launched by crypto exchange Binance, with 10,000 mints in 2.5 hours
International Women's Day: Sotheby's Auction House and UnicornDAO to Hold Art Auction Benefitting Women's Rights
8.3.2023
As part of today's celebrations of the International Women’s Day across the world, auction house Sotheby’s is hosting a benefit auction, titled 'My Body, My Business', which features a wide range of feminist artwork, including non-fungible tokens (NFTs), by both renowned and up-and-coming female...
Sotheby’s and UnicornDAO Host International Womens’ Day Art Auction
8.3.2023
A portion of the proceeds from the auction will be donated to organizations like Planned Parenthood to support women’s reproductive rights
Incredibly Rare Pokémon Card Auctioned For $480,000, Nobody Bids
7.3.2023
Everyone knows old Pokémon cards are incredibly hot right now, but nobody knows exactly what they’re worth to collectors. Exhibit A: Someone put a holographic Illustrator Pikachu in near-perfect condition up for auction on eBay with a starting bid of $480,000, and it went over like a lead...
Yuga Labs Co-Founder Says First Bitcoin NFT Auction Doesn’t Open Door to Scammers
7.3.2023
Greg Solano said the company’s use of the Bitcoin blockchain and its strategic bidding process could only be done because Yuga Labs is a “trusted party.”
Yuga Labs’ Twelvefold Collection of Ordinal Inscriptions Generates 735 Bitcoin, Worth More Than $16 Million
7.3.2023
Yuga Labs, the creators of the blue-chip non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC), announced that the team has completed its Ordinal Inscription auction with a total of 3,246 bidders. The Twelvefold collection of inscriptions generated 735.7 bitcoin, worth more than...
Yuga Labs’ first Bitcoin NFT auction nets $16.5M in 24 hours
7.3.2023
The highest of the 288 bidders forked out just over 7 BTC for one of the 288 Bitcoin Ordinals-based NFTs up for auction
Yuga Labs announce its TwelveFold auction
6.3.2023
Yuga Labs shares its plans and takes a great deal of pride in making its official announcement of the launching of its TwelveFold auction. This happens to be slated for the 5th of March, 2023, and be held for a period of a day. This auction will be showcasing a total of 228 TwelveFold ordinal...