The news is almost surreal these days. Cryptocurrencies have tripled in value in just one year, and NFTs of childish pixelated images are selling for practically unbelievable sums. While someone buying a simplistic image of the Dogecoin mascot for $69,000 or a pixelated image of...
Patrick Mahomes, one of the biggest NFL players, has launched his own NFT art gallery, CNBC writes. The gallery will be called “The Museum of Mahomes,” the 25-year-old athlete said on a recent CNBC interview, and will launch March 17, through the digital arts marketplace...
Bitcoin’s prices keep rising as the cryptocurrency has now hit a new record of $60,000, BBC reported, with a total market value of $1 trillion as of last month. Bitcoin has seen its value almost triple since the end of 2020, powered by several big-name...
These are heady times indeed for bitcoin and its peers. Everyone from Elon Musk to Rob Gronkowski is in the game. Volatility reigns. It’s a market where $50,000 once seemed to be a mythical price level. Seems like just a minute ago that price was...
Institutional crypto trading platform FalconX has raised $50 million, valuing it at $675 million, Bloomberg reported. The platform processes about $6 billion in cryptocurrency per month and has seen “significant” revenue growth as institutional activity has surged in recent months. Investors include Tiger Global Management...
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...