You might have heard about cryptocurrencies, Bitcoins, and NFTs in some capacity now for sure. It’s a hot topic these days – some people are fans of investing in cryptocurrencies and have a lot to say about the benefits of it. While others are still speculating and arguing whether it’s a legit investment option or … Read more
As an asset class, it’s 100% based on the greater fool theory,” Bill Gates said. Gates was most likely alluding to the Bored Ape Yacht Club (BAYC), a popular NFT collection constructed on the Ethereum blockchain that depicts various caricatures of monkeys He stated that he invests in items with “valuable output,” claiming that digital … Read more
Blockchain researchers discovered a hacker stealing NFTs worth $1.4 million from a single crypto collector. The stolen collection comprised 29 Moonbirds pieces with a floor price of 24 ETH, or roughly $48,000. The hacker got the collector to authorise them as the wallet’s operator via a phishing website, and then took all of the NFTs. … Read more
Colin Wright, the creator of the political cartoon, is now selling his sketch as a non-fungible token (NFT) and has launched bidding on the OpenSea digital marketplace. Tesla CEO Elon Musk recently tweeted a cartoon graphic implying that his political stance has evolved to the right over the years. Mr. Wright, a contributing editor for … Read more
In October, Sarah Monson absorbed that Facebook was swapping its name to Meta and replacing its name called the Metaverse, a hypnotic virtual world that didn’t yet survive, but the company said would one day conquer the internet. Monson, a 44-year-old advertising writer, and mother who recently shifted to Hawaii found the news disturbing. “I … Read more
PARIS: The two lifelong friends from Florida never sought the limelight, but then they built a multi-million-dollar empire selling digital art and people wanted to know who they were. Under the pseudonyms ‘Gargamel’ and “Gordon Goner”, they created the “Bored Ape Yacht Club”, a collection of 10,000 cartoons of apes with various hairstyles and outfits. … Read more
SAN FRANCISCO – Donald Trump’s new social media app started a gradual rollout late Sunday and should be “fully operational” by late March, potentially raising the former president’s profile more than a year after he was banned by major platforms. “This week, we will begin to roll out to people on the Apple App store,” … Read more
LONDON – Want to “own” a Leonardo da Vinci or Amedeo Modigliani? One London gallery is showing digitally re-rendered versions of priceless Italian masterpieces — although they still don’t come cheap. In what it called a first for the UK, Unit London opened an exhibition on Tuesday built on blockchain technology that allows buyers to … Read more
PARIS – The city may still be deep in the throes of the Omicron surge and adapting to the latest Covid restrictions, but Paris Fashion Week will nevertheless launch Tuesday. The industry is determined to get back on the catwalks after nearly two years during which most brands were forced to retreat online. Despite the … Read more
In a world steadily running towards digitisation, the boom of digital art and its venture into NFTs or Non-Fungible Tokens is not surprising, especially amidst the art world. Everyone today who doesn’t live under a rock on a remote island knows what NFTs are. But not everyone is able to keep up with what these … Read more
RIYADH: Softbank-funded 2TM, owner of the largest cryptocurrency exchange in Latin America, has launched a venture capital unit focusing on blockchain companies around the world, Arab News reported. Brazil-based 2TM, valued at roughly $2.2 billion after the latest $50 million fund-raise, is the holding company of Mercado Bitcoin, with 3.2 million customers as of October 2021. During … Read more
