Damien Hirst’s ‘The Currency’ Was a Referendum on NFTs Vs. Traditional Art. The Result? A Resounding Preference for Traditional Art

NFTs

Damien Hirst’s ‘The Currency’ Was a Referendum on NFTs Vs. Traditional Art. The Result? A Resounding Preference for Traditional Art

Hirst's collectors aren't so sure NFTs are the future of art, it seems—even if Hirst himself is.

By Caroline Goldstein, Aug 3, 2022

NFTs

Tiffany and Co.’s News That It Will Produce Customized CryptoPunk Pendants Sets Off 2,200 Percent Leap in the NFT’s Trading Volume

Punk owners will be able to get a wearable, diamond-encrusted likeness for $50,000.

By Annie Armstrong, Aug 3, 2022

NFTs

An Italian Artist Claims to Be Pak, Maker of the Most Expensive NFT of All Time. Is It Really Him or Just a Conceptual Joke?

It could also be Paris Hilton, who knows?

By Taylor Dafoe, Aug 1, 2022

NFTs

A Law Firm Is Seeking Disgruntled Bored Ape Yacht Club Investors for a Class Action Suit Alleging Yuga Labs Overpromised on Returns

The law firm aims to prove that Bored Ape NFTs act as financial tools, rather than unique artworks.

By Amy Castor, Jul 27, 2022

NFTs

Burn, Baby, Burn! Damien Hirst Will Set His Own Drawings Aflame in the Culmination of His Grand NFT Experiment ‘The Currency’

What happens when a YBA crosses paths with NFTs?

By Eileen Kinsella, Jul 26, 2022

NFTs

Screen Time Well Spent? Meet 6 Teenage NFT Superstars Whose Names—and Eye-Popping Prices—You Need to Know

These artists suggests that a cultural shift is distinctly underway.

By Dorian Batycka, Jul 13, 2022

NFTs

In a Sign of Peak… Something, a 2017 Bottle of Champagne That Came With a Bored Ape NFT Just Sold for $2.5 Million

Is the market for NFTs fizzling or fizzing?

By Caroline Goldstein, Jul 13, 2022

NFTs

The Calder Foundation Is Looking to Gamify Art History With a New Web3 Experience That Awards Official NFTs to Winners

Proceeds from the NFTs will be used to fund conservation of Calder's sculptures.

By Eileen Kinsella, Jul 13, 2022

NFTs

How a Goblin-Themed NFT Inspired a Viral Online Forum for Crypto Crash Victims to Literally Just Scream in Fury

Users are posting their own screeches, moans, and wails as a way to cope.

By Dorian Batycka, Jul 13, 2022

NFTs

A Collector Spent $104,000 on an NFT of a Leonardo Painting That May Have Been Forged. So What’s the NFT Really Worth?

The NFT of 'La Bella Principessa' consists of a 500 million-pixel hologram encased in crystal.

By Dorian Batycka, Jul 13, 2022

NFTs

What Does Your Crypto Wallet Say About You? Artist Ian Cheng Is Creating a Series of Algorithm-Based NFT Portraits

Each portrait can update with changed behavior, like a metaverse mood ring.

By Vittoria Benzine, Jul 11, 2022

NFTs

Italy Instructs Museums to Halt Contracts With NFT Companies, Citing ‘Unregulated’ Terms That Could Affect the Country’s Cultural Heritage

The move comes after the Uffizi revealed that a tech company took the vast majority of proceeds from the NFT of a Michelangelo masterpiece.

By Dorian Batycka, Jul 11, 2022

NFTs

A Crypto Hedge Fund Has Moved NFTs Worth Millions to a Single Wallet, Prompting Speculation of a Bankruptcy-Induced Fire Sale

Three Arrows Capital, a massive cryptocurrency hedge fund that went bust in June, seems to be consolidating its NFT assets.

By Dorian Batycka, Jul 11, 2022

NFTs

How the Chinese Government Is Trying to Reinvent the NFT Market Without Cryptocurrency—and With State Control Instead

The notoriously censorious country is taking new steps to foster growth, utility, and innovation in digital assets. But at what cost?

By Dorian Batycka, Jul 4, 2022

NFTs

Animation, Music, and Insider Info: Here’s What Makes Some NFT Drops More Successful Than Others, According to a New Study

It helps to be a seasoned investor.

By Dorian Batycka, Jul 3, 2022