From a Court Win for Statue Topplers to an Art Dealer’s NFT Crisis: The Best & Worst of the Art World This Week

Catch up on this week's news, fast.

The statue of Edward Colston being pushed into the river Avon in 2020. Photo by Giulia Spadafora/NurPhoto via Getty Images.

BEST?

Six Predictions for 2022 – Gray Market scribe Tim Schneider fleshes out six predictions for what’s to come in the art market this year.

Court Clears Statue Topplers – Four activists who toppled a statue of slave trader Edward Colston were cleared of criminal charges in a U.K. court.

Year in Review – What trends defined the art world of 2021? Artnet News National art critic Ben Davis breaks it down, from “immersive everything” to mass unionization.

Virginia Finds a Home for Confederate Statues – After much discussion, the state looks set to rehouse Confederate statues at a local Black History Museum.

The Weeknd’s Art Collection – What does the musician collect? We decoded his trendy art trove.

OpenSea Secures Mega Valuation – The NFT marketplace raised an additional $300 million in funding, bringing its value to $13.3 billion.

Could Margate Be the New Marfa? – Tracey Emin announced she’s opening an art school in the seaside UK town, where she is also building a museum for her work.

Scientists Digitally Undress a Mummy – A team of radiologists used CT scans to peer beneath a mummy’s wraps, revealing long-buried secrets while keeping him intact.

Interested Buyers Only – A new NFT platform founded by a Christie’s rainmaker is aiming to weed out the fluff by requiring bidders to have some basic knowledge of artists.

Court Dismisses Nirvana Baby Lawsuit – The former baby who was immortalized on Nirvana’s album cover had his lawsuit alleging child exploitation dismissed by a California court.

WORST?

Museums Close as Staffs Suffer – A slew of US institutions were forced to close because of Covid cases felling staff.

Depressed Dealer Bemoans Stolen Apes – A viral tweet by art dealer Todd Kramer announcing the theft of his NFTs… is now an NFT.

Serrano’s Scathing Film – The artist’s first film takes on the January 6 insurrection, and Trump’s toxic legacy.

Artists Decry Israeli Museum Censorship – Dozens of artists want their work removed from a museum show to protest an Israeli mayor who forced the institution to take down art he claimed was offensive to Jerusalem.

Italy Axes McDonald’s at Ancient Site – Italy has forced a halt to construction at a Mickey D’s location set to open near Rome’s ancient Baths of Caracalla.