The Humbling of Coinbase

In just over a year, the United States’ largest cryptocurrency exchange went from a triumphant public offering to a “crypto winter” of cost cutting and layoffs.

#armstrong-brian-1983, #bankman-fried-sam, #binance, #bitcoin-currency, #coinbase-inc, #computers-and-the-internet, #hk-ftx-trading-ltd-futures-exchange, #layoffs-and-job-reductions, #nonfungible-tokens-nfts, #virtual-currency

Tom Sachs: Rocket Man to Renaissance Man

The artist is selling NFTs, designing Nikes, exploring outer space (sort of) and uncorking three concurrent shows in Seoul.

#art, #art-sonje-center, #content-type-personal-profile, #galerie-thaddaeus-ropac, #hybe-insight-seoul-south-korea, #nike-inc, #nonfungible-tokens-nfts, #sachs-tom, #seoul-south-korea, #space-and-astronomy

Thefts, Fraud and Lawsuits at the World’s Biggest NFT Marketplace

OpenSea, one of the highest-profile crypto start-ups, is facing a backlash over stolen and plagiarized nonfungible tokens.

#alex-atallah, #art, #collectors-and-collections, #computers-and-the-internet, #customer-relations, #devin-finzer, #monkeys-and-apes, #nonfungible-tokens-nfts, #opensea-ozone-networks-inc, #plagiarism, #start-ups, #venture-capital, #virtual-currency

Cryptocurrency Firms Expand Physical Footprint in New York

Cryptocurrency firms have been setting up or expanding office space in New York, but the recent market turbulence could hamper their longevity.

#nonfungible-tokens-nfts, #real-estate-commercial, #virtual-currency

How Influencers Hype Crypto, Without Disclosing Their Financial Ties

Logan Paul, Paul Pierce and other celebrities have promoted risky and obscure digital currencies, sometimes failing to mention their conflicts of interest.

#advertising-and-marketing, #celebrities, #computers-and-the-internet, #currency, #mayweather-floyd-jr, #nonfungible-tokens-nfts, #online-advertising, #paul-logan-1995, #social-media, #virtual-currency

Crypto’s Promises Keep Crashing

Web3, billed as the future of the internet, might create more problems than it solves.

#computers-and-the-internet, #cyberattacks-and-hackers, #e-commerce, #nonfungible-tokens-nfts, #venture-capital, #virtual-currency

Does a Toddler Need an NFT?

The new frontier of children’s entertainment is internet-native cartoon characters selling nonfungible tokens on social-media apps for tots.

#children-and-childhood, #nonfungible-tokens-nfts, #social-media, #williams-serena, #zigazoo

New York Lets ‘Fearless Girl’ Hold Her Ground, for Now

Officials voted to extend the sculpture’s permit but are requiring stakeholders to return in six months with plans for a permanent location.

#art, #fearless-girl, #finances, #landmarks-preservation-commission, #manhattan-nyc, #nonfungible-tokens-nfts, #public-design-commission-nyc, #sculpture, #state-street-global-advisors, #suits-and-litigation-civil, #transportation-department-nyc, #visbal-kristen, #women-and-girls

A Viral Case Against Crypto, Explored

The video essayist Dan Olson explains the dangers lurking in the culture and ideology that surround digital currency.

#audio-neutral-informative, #bitcoin-currency, #blockchain-technology, #computers-and-the-internet, #finances, #nonfungible-tokens-nfts, #winkelmann-mike-beeple

Museums Are Cashing In on NFTs

There’s money to be made, though most institutions are wary of getting involved.

#art, #british-museum, #finances, #hermitage-museum-saint-petersburg-russia, #museums, #nonfungible-tokens-nfts, #uffizi-gallery, #unit-london-london-england-gallery

As NFTs Grow in Popularity, Some Collectors Are Striking it Rich

NFTs are making some collectors and artists rich, but success in this high-risk marketplace is more art than science.

#finances, #nonfungible-tokens-nfts

Outdoor Voices’ Ty Haney Starts New Company in Web3 Space

The Outdoor Voices founder has a new venture that aims to reward customers with blockchain-based assets. But do brand loyalists really want NFTs?

#advertising-and-marketing, #blockchain-technology, #content-type-personal-profile, #haney-tyler, #nonfungible-tokens-nfts, #outdoor-voices-inc, #shopping-and-retail, #social-media, #try-your-best-social-network, #women-and-leadership-2022

Beeple Is Trying His Hand at Artwork for Walls

The digital artist known for NFTs is showing paintings and prints IRL at a Manhattan gallery. Will the art establishment finally take notice?

#art, #collectors-and-collections, #content-type-personal-profile, #hanley-jack-gallery, #nonfungible-tokens-nfts, #science-and-technology, #tribeca-manhattan-ny, #winkelmann-mike-beeple

The NFT Has Changed Artists. Has it Changed Art?

Hardly at all.

#art, #auctions, #blockchain-technology, #collectors-and-collections, #finances, #mccoy-jennifer-1968, #mccoy-kevin-1967, #nonfungible-tokens-nfts

Anonymity in Crypto Raises Alarm

Investors give money to pseudonymous developers. Venture capitalists back founders without learning their real names. What happens when they need to know?

#blockchain-technology, #computers-and-the-internet, #engineering-and-engineers, #entrepreneurship, #names-personal, #nonfungible-tokens-nfts, #start-ups, #venture-capital, #virtual-currency

Sotheby’s NFT Sale, Expected to Hit $30 Million, Suddenly Canceled

The CryptoPunk auction was supposed to set a new benchmark for NFT prices, but instead the consignor bowed out and posted a meme on Twitter.

#art, #auctions, #collectors-and-collections, #larva-labs, #nonfungible-tokens-nfts, #sothebys

Charitable Offer by Melania Trump Is Rejected, a Move She Calls ‘Politics’

Mrs. Trump assailed what she called attempts to “cancel her” as she comes under criticism, along with her husband, for post-White House fund-raising efforts.

#e-commerce, #florida, #holberton-school, #nonfungible-tokens-nfts, #philanthropy, #trump-melania, #tulsa-okla, #united-states-politics-and-government

After Pak and Beeple, What’s Next for NFT Collectors? Art Made With a Paintbrush

Now crypto collectors are investing in something more tangible, and traditional, like paintings and sculpture. And art dealers are rushing to woo them.

#art, #blockchain-technology, #collectors-and-collections, #ethereum-foundation, #metaverse-internet, #nonfungible-tokens-nfts, #pace-gallery, #sachs-tom, #sun-justin-1990, #xu-felix

Crypto and the Power of Folk Economics

When we think we understand something, we don’t see a reason to regulate it.

#banking-and-financial-institutions, #blockchain-technology, #internal-sub-only-nl, #nonfungible-tokens-nfts, #virtual-currency

The Legalized Gambling Free-For-All

We seem to have dropped any pretense of “responsible” wagering.

#cryptocurrency, #gambling, #gamestop-corporation, #internal-sub-only-nl, #legalization, #nonfungible-tokens-nfts, #parlays, #sports-betting

They Made Millions on Luna, Solana and Polygon: Crypto’s Boom Beyond Bitcoin

The ranks of cryptocurrency speculators have swelled, with even obscure tokens minting the newly wealthy: at least on the blockchain.

#bitcoin-currency, #computers-and-the-internet, #currency, #high-net-worth-individuals, #luxury-goods-and-services, #nonfungible-tokens-nfts, #virtual-currency

It’s Gold, Baby. But Niclas Castello’s Cube Is Nothing New in Art.

The artist’s solid gold cube, which appeared for one day in Central Park, was Instagram bait, an NFT promotion and even kind of pretty.

#art, #castello-cube, #castello-niclas, #finances, #gold, #naumburg-bandshell-central-park-manhattan-ny, #nonfungible-tokens-nfts, #sculpture, #switzerland

Wealth Inequality Drives the Appeal of Crypto

To digital natives, crypto as a path to financial security just sounds sensible.

#blockchain-technology, #income-inequality, #internal-sub-only-nl, #nonfungible-tokens-nfts, #venture-capital, #virtual-currency

The Strange Allure of the Blockchain

Why the appeal of cryptocurrencies and NFTs crosses borders of class and race.

#bitcoin-currency, #blockchain-technology, #internal-sub-only-nl, #nonfungible-tokens-nfts, #virtual-currency

Damien Hirst’s Medium is the Art Market

He might be Britain’s richest artist, but with each attempt to monetize his talent, Hirst’s originality as a conceptual sculptor becomes an ever more distant memory.

#art, #auctions, #claridges-london-england-hotel, #content-type-personal-profile, #gagosian-gallery, #heni, #hirst-damien, #nonfungible-tokens-nfts, #sculpture, #sothebys, #white-cube-gallery, #young-british-artists

Cryptocurrency Enthusiasts Meet Their Match: Angry Gamers

Game publishers are offering NFTs, but skeptical gamers smell a moneymaking scheme and are fighting back.

#blockchain-technology, #computer-and-video-games, #computers-and-the-internet, #mobile-commerce-and-payments, #nonfungible-tokens-nfts, #sega-corp, #square-enix, #ubisoft-entertainment, #virtual-currency, #xbox-video-game-system

Crypto Enthusiasts Meet Their Match: Angry Gamers

Game publishers are offering NFTs, but skeptical gamers smell a moneymaking scheme and are fighting back.

#blockchain-technology, #computer-and-video-games, #computers-and-the-internet, #mobile-commerce-and-payments, #nonfungible-tokens-nfts, #sega-corp, #square-enix, #ubisoft-entertainment, #virtual-currency, #xbox-video-game-system

Melania Trump Auctions Her Hat

A year after leaving the White House, the former first lady tests the water for her brand.

#auctions, #fashion-and-apparel, #first-ladies-us, #nonfungible-tokens-nfts, #trump-donald-j, #trump-melania, #united-states-politics-and-government, #your-feed-fashion

The New Get-Rich-Faster Job in Silicon Valley: Crypto Start-Ups

Tech executives and engineers are quitting Google, Meta, Amazon and other large companies for what they say is a once-in-generation opportunity with crypto.

#amazon-com-inc, #bitcoin-currency, #blockchain-technology, #coinbase-inc, #computers-and-the-internet, #dorsey-jack, #entrepreneurship, #executive-compensation, #facebook-inc, #google-inc, #labor-and-jobs, #marcus-david-a, #nonfungible-tokens-nfts, #social-media, #start-ups, #virtual-currency, #wages-and-salaries

Who’s Behind Web3?

I suffered slings and arrows for daring to question the next iteration of the web.

#computers-and-the-internet, #internal-sub-only-nl, #mobile-applications, #nonfungible-tokens-nfts, #social-media

Best Art Exhibitions of 2021

Ambitious museum shows in Tulsa, Richmond, and Louisville left an imprint. Jasper Johns, Maya Lin and Latino artists shone. And the high quality of gallery shows of women was dizzying and gratifying.

#aguilar-laura-1959-2018, #art, #arts-year-in-review-2021, #bhabha-huma, #black-lives-matter-movement, #chu-anne, #dancy-mira-artist, #dodd-lois, #estamos-bien-la-trienal-20-21-exhibit, #gardner-isabella-stewart-museum, #ghost-forest-exhibit, #glenn-copeland-beverly, #greenwood-rising-black-wall-street-history-center-tulsa-okla, #hammer-barbara-1939, #johns-jasper, #kielar-anya, #lassnig-maria, #lin-maya, #mehretu-julie, #metropolitan-museum-of-art, #museums, #neel-alice, #nonfungible-tokens-nfts, #ogrady-lorraine-1934, #philadelphia-museum-of-art, #promise-witness-remembrance-exhibit, #rosenstein-erna-1913-2004, #smith-jaune-quick-to-see, #speed-art-museum, #taylor-breonna-1993-2020, #the-dirty-south-contemporary-art-material-culture-and-the-sonic-impulse-exhibit, #titian-1490-1576, #tsang-wu-1982, #two-thousand-twenty-one, #whitney-museum-of-american-art

Cutting a Banksy Into 10,000 (Digital) Pieces

A former Christie’s executive has joined cryptocurrency experts to create a company that purchases art and sells the fragments as NFTs.

#art, #auctions, #banksy, #christies, #gouzer-loic, #love-is-in-the-air, #nonfungible-tokens-nfts, #particle-foundation, #virtual-currency

Investors Snap Up Metaverse Real Estate in a Virtual Land Boom

Transactions for properties in digital realms are jumping, guided by the same principle in the physical world: location, location, location.

#blockchain-technology, #nonfungible-tokens-nfts, #real-estate-commercial, #shopping-centers-and-malls, #virtual-currency, #virtual-reality-computers

Miramax Sues Quentin Tarantino Over Planned ‘Pulp Fiction’ NFTs

The director announced this month he was selling nonfungible tokens based on the screenplay for his 1994 movie. Miramax asserted in court documents it still has “broad rights” to the film.

#copyrights-and-copyright-violations, #miramax-films, #movies, #nonfungible-tokens-nfts, #pulp-fiction-movie, #suits-and-litigation-civil, #tarantino-quentin

The Metaverse Takes Manhattan

NFT.NYC, a gathering for nonfungible token enthusiasts, offered a taste of a crypto-filled future.

#art, #blockchain-technology, #collectors-and-collections, #computers-and-the-internet, #midtown-area-manhattan-ny, #nonfungible-tokens-nfts, #winkelmann-mike-beeple

How Venture Capitalists Think Cryptocurrency Will Reshape Commerce

From banking to gaming, investors are sending billions of dollars to crypto inventors who seek to disrupt industries. Here’s a look at some of those bets.

#andreessen-horowitz, #bitcoin-currency, #blockchain-technology, #coinbase-inc, #compound-labs-inc, #computers-and-the-internet, #dapper-labs-inc, #ethereum-foundation, #nonfungible-tokens-nfts, #venture-capital

How Venture Capitalists Think Crypto Will Reshape Commerce

From banking to gaming, investors are sending billions of dollars to crypto inventors who seek to disrupt industries. Here’s a look at some of those bets.

#andreessen-horowitz, #bitcoin-currency, #blockchain-technology, #coinbase-inc, #compound-labs-inc, #computers-and-the-internet, #dapper-labs-inc, #ethereum-foundation, #nonfungible-tokens-nfts, #venture-capital

Meet the New Owners of the Wu-Tang Clan’s One-of-a-Kind Album

The government sold “Once Upon a Time in Shaolin” to satisfy a judgment against its first owner, Martin Shkreli. It ended up with a collective called PleasrDAO that paid an intermediary $4 million.

#nonfungible-tokens-nfts, #once-upon-a-time-in-shaolin-album, #pleasrdao, #rap-and-hip-hop, #shkreli-martin-1983, #virtual-currency, #wu-tang-clan

A Crypto Optimist Meets a Crypto Skeptic

Katie Haun and I discuss the future cryptocurrency could create.

#bitcoin-currency, #blockchain-technology, #computers-and-the-internet, #haun-katie, #nonfungible-tokens-nfts

No End to Whiplash in Meme Stocks, Crypto and More

With the pandemic starting to ease in the United States, many had expected a year of wild investments to slow. It hasn’t. Yet.

#amc-entertainment-holding-inc, #bitcoin-currency, #computers-and-the-internet, #dogecoin-project, #finances, #musk-elon, #nonfungible-tokens-nfts, #regulation-and-deregulation-of-industry, #robinhood-financial-llc, #social-media, #special-purpose-acquisition-companies-spac, #stocks-and-bonds, #virtual-currency

Thousands Descend on Miami to Glorify Bitcoin

It was the largest Bitcoin event in the world and the first major in-person crypto conference since the pandemic started. The jargon, the liquor and the millionaire talk flowed.

#banking-and-financial-institutions, #bitcoin-currency, #computers-and-the-internet, #coronavirus-2019-ncov, #dorsey-jack, #high-net-worth-individuals, #mobile-commerce-and-payments, #nonfungible-tokens-nfts, #quarantine-life-and-culture, #social-media, #suarez-francis-x-1977, #twitter, #virtual-currency, #winklevoss-cameron, #wynwood-miami-fla, #zed-run-digital-platform

You Can Bid on NFTs Tied to Nobel Prize-Winning Discoveries

Berkeley will auction NFTs of invention disclosure forms filed by the creators of CRISPR and cancer immunotherapy.

#allison-james-p, #art, #auctions, #crispr-dna, #cryptography-codes-and-ciphers, #doudna-jennifer-a, #ethereum-foundation, #immunotherapy, #inventions-and-patents, #nobel-prizes, #nonfungible-tokens-nfts, #research, #university-of-california-berkeley, #your-feed-science

The Curious World of NFT Real Estate and Design

People are selling and buying art, furniture and even houses and land that exist only virtually.

#architecture, #art, #content-type-service, #nonfungible-tokens-nfts, #real-estate-and-housing-residential

‘Charlie Bit My Finger’ to Leave YouTube After NFT Sale

The original video of a baby biting his brother’s finger has drawn nearly 900 million views on the platform since 2007. But now one bidder owns it as a nonfungible token.

#art, #auctions, #england, #great-britain, #london-england, #nonfungible-tokens-nfts, #video-recordings-downloads-and-streaming, #youtube-com

Will NFTs Transform Tattoos Into Bankable Art?

Scott Campbell is opening a marketplace where tattoos will be sold as digital tokens.

#nonfungible-tokens-nfts, #tattoos

How ‘Put That on Top Shot!’ Became a New N.B.A. Mantra

Professional basketball players are buying and selling digital video highlights while preaching the tech industry’s cryptocurrency gospel.

#barnes-harrison, #computers-and-the-internet, #dapper-labs-inc, #e-commerce, #gobert-rudy-1992, #haliburton-tyrese, #hield-buddy-1992, #iguodala-andre, #national-basketball-assn, #nonfungible-tokens-nfts, #video-recordings-downloads-and-streaming

The Untold Story of the NFT Boom

Digital creators used the blockchain to create a whole new art scene. Then their work started selling for thousands — sometimes millions of dollars.

#art, #bitcoin-currency, #blockchain-technology, #computers-and-the-internet, #nonfungible-tokens-nfts, #virtual-currency

The Art Market Often Works in Secret. Here’s a Look Inside.

These maps reveal patterns of ownership for NFT-based creations.

#art, #collectors-and-collections, #nonfungible-tokens-nfts

Digital Horses Are the Talk of the Crypto World

Horse racing meet NFT mania on Zed Run, a digital platform where some top steeds are fetching six-figure sums.

#horse-racing, #nonfungible-tokens-nfts

Star of ‘Disaster Girl’ Meme Sells Image as an NFT for $500,000

Zoë Roth, now a college senior in North Carolina, plans to use the proceeds from this month’s NFT auction to pay off student loans and donate to charity.

#auctions, #computers-and-the-internet, #content-type-personal-profile, #disaster-girl, #ethereum, #nonfungible-tokens-nfts, #philanthropy, #roth-zoe-2000, #virtual-currency