The Gray Market What the Colossal Failure of FTX Means for Art Basel’s Efforts to Thrust the Art Industry Into Its Crypto Era The fair is inaugurating its new blockchain-based platform Arcual while recently bankrupted FTX plunges crypto into infamy. What's the way forward? By Tim Schneider, Dec 1, 2022
Auctions In the Midst of a Volatile Market and Gloomy Economy, Christie’s Hong Kong Evening Auctions Scraped by With $104.8 Million in Sales The total was less than original expectations after blockbuster lots were withdrawn, but the sale still saw several records set. By Vivienne Chow, Nov 30, 2022
Art Fairs Banksy’s ‘Dream Boat,’ Lifted From His Pop-Up Theme Park Project Dismaland, Is for Sale at Context Miami Beach A "significant" portion of the proceeds will benefit Choose Love, the charity for refugees for whom Banksy originally raffled the piece off. By Sarah Cascone, Nov 30, 2022
NFTs Conceptual Artist Ahmet Öğüt Debuts in Web3 With a Collection of NFT Monuments That Commemorate Whistleblowers All of the NFTs have A.R. functionality. By Richard Whiddington, Nov 30, 2022
Art Fairs A McDonald’s Made Entirely of Felt Is Miami Beach’s Trendiest New Restaurant (But You Can’t Eat There, Because It’s Art) The British artist Lucy Sparrow is back with another delightfully delicious felt installation, this one inspired by the world's most famous fast food restaurant. By Sarah Cascone, Nov 30, 2022
Auctions ‘Tis the Season to Sparkle: New York Auction Houses Roll Out Their Finest Jewels for the Holidays Place your bids on—or just ogle—the Golden Canary, the Red Dragon, and other storied jewels. By Lisa Ferber, Nov 30, 2022
Innovators List Introducing the 2022 Artnet Innovators List: 35 Game-Changers, Dreamers, and Mavericks Transforming the Art Industry Our 2022 list spotlights 35 innovators, ranging from a digital artist born in the metaverse to a gallerist who deliberately eschews money. By Artnet News, Nov 30, 2022
Art Fairs How a 1986 Cast of Michael Jackson’s Body Became a Spine-Tinglingly Creepy Sculpture at Art Basel Miami Beach Artist Nicole Miller discovered a plaster cast of the music superstar's body at the Los Angeles estate sale. By Sarah Cascone, Nov 30, 2022
Auctions A German Foundation Is Selling a Lichtenstein, Christo, and More 1960s and ’70s Art From West Berlin in Two Major Sales Pieces from the Schering Stiftung's collection, which are being offered at Grisebach, are being sold to fund new art projects. By Hili Perlson, Nov 29, 2022
Artnet News Pro How Do You Spot a Recession in the Art Market? 9 Market Experts Weigh In From counting the underbidders at auction to watching the speculative bubbles burst, here’s what to look out for. By Artnet News, Nov 29, 2022
Art Fairs Even With Seven-Figure Sales, Sanity Prevailed During an Un-Frenzied VIP Preview at Art Basel Miami Beach Dealers reported strong opening-day sales, but observers noticed collectors were taking the time to think about the works on offer. By Eileen Kinsella, Nov 29, 2022
Auctions A Near-Pristine Ferrari F50 Will Lead RM Sotheby’s Car Auction in Miami Next Weekend Nine Ferraris from 1973 through 2005 are headed to a live auction on December 10. By Vittoria Benzine, Nov 29, 2022
Art Fairs Just How Rich Are Attendees of Art Basel Miami Beach? An Installation From the Collective MSCHF Puts Their Bank Accounts on Display Visitors check their balance at an ATM, then watch it appear on a leaderboard. By Sarah Cascone, Nov 29, 2022
Auctions E.T., Phone Bid? The Original Mechatronic Model Used to Make the Beloved Alien in the 1982 Film Could Fetch $3 Million at Auction The sale also includes an NFT, featuring an animation of the model. By Richard Whiddington, Nov 29, 2022
Auctions New York Is Auctioning Off the Random Stuff Given to Its Mayors. Here Are the 7 Quirkiest Lots—From Giuliani’s Louis Vuitton Ball to Bloomberg’s Nikes Proceeds from the "Gifts to the City" auction go to charity. By Artnet News, Nov 29, 2022
