Christie’s auction house made history Thursday (March 11), selling a digital-only piece of artwork for close to $70 million. As Reuters noted, it was the first-ever sale by a major auctioneer for a piece of artwork that does not exist in any physical form. Instead,...
London’s Boson Protocol said in a press release on Thursday (March 11) that it has raised a total of $10 million in venture funding and is looking at going public. The company said it is pioneering a system for using non-fungible tokens (NFTs) “encoded with...
Non-fungible tokens (NFTs). They’re still exciting people so much that they’ll pay millions of dollars for something that, quite simply, can be enjoyed or experienced for free. It’s the latest bit of evidence that we’re in what might be thought of, charitably, as rarefied territory....
Twitter CEO Jack Dorsey is auctioning off the first-ever tweet as digital memorabilia, Reuters reports. The tweet, from Dorsey, reads “just setting up my twittr” and was sent in March 2006. Dorsey will list the famous post as memorabilia on the “Valuables by Cent” tweet...
According to federal prosecutors, antivirus software founder John McAfee and an associate orchestrated fraud schemes to net millions in cryptocurrency, CNBC writes. The 75-year-old McAfee and his “cryptocurrency team” advisor, 40-year-old Jimmy Watson, reportedly did the “age old pump and dump” scheme, which consisted of...
Spring is coming. The days are feeling slightly longer, the blizzards seem to have stopped nationwide, daffodils are trying to push through the solid ground – and the payment fad of the year is entering into full bloom as NFT enthusiasm is sweeping the nation....
It’s never easy to call the top of, well, anything in any market. Name it: art, baseball cards, certainly not stocks, bonds or housing. But then again, things are looking a bit lofty for bitcoin, at least insofar as sentiment is concerned, possibly signaling some...
Amid bitcoin’s raging price gains — and its volatility — holders who have struck it rich are putting the pedal to the metal on high-end transactions. In an interview with PYMNTS, Blake Pride-Zorn, general manager of Vegas Auto Gallery in Las Vegas, Nevada, said that...
VTB Bank is rolling out a new way for airlines to pay for fuel via blockchain, according to a Monday (March 1) press release. Users will be able to connect to the blockchain platform Smart Fuel and will be able to reduce transaction time. What...
