The project recently received approval to raise private, tax-deductible funding under Brazil’s cultural incentive laws, with a live performance planned in the federal capital.
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Christie’s auction house is reportedly closing its digital art department, but will continue to auction NFTs under a broader category.
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The NFT sector has yet to recapture the enthusiasm of 2021-2022, forcing many NFT-centric companies like OpenSea to pivot to more in-demand crypto use cases.
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Crypto and art NFTs can help investors protect their purchasing power from ongoing fiat currency debasement, according to Raoul Pal.
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The foundation is a nonprofit devoted to "safeguarding internet-native culture." The sale price is undisclosed.
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Billionaire American film producer and collector David Geffen said Sun’s suit was a “sham” and a fraudulent scheme to claim ownership.
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Onchain RWAs are gaining traction as Bitcoin’s price struggles, with market commentators predicting TVL could hit $50 billion in 2025 as demand grows.
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“While the hype surrounding memecoins may fade, the market itself will not disappear,” the CryptoQuant founder wrote on social media.
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New MakersPlace accounts were disabled immediately, but users can still purchase NFTs on the platform until it shuts down completely.
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Pudgy Penguins’ PENGU token jumps 13% despite NFT sales dropping over 50%, fueled by a viral marketing campaign.
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The artwork consists of a regular store-bought banana stuck to a wall with duct tape. It sold in New York for four times the estimated sales price.
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Valentina Picozzi, an Italian artist, and orthodontist, became a Bitcoiner in 2012 and has been an activist artist since.
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A group of NFT holders sued an art gallery, claiming it failed to deliver its promised metaverse club.
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CryptoPunk #6915, one of only 24 Apes, saw offers earlier this year of over $6 million, marking a 78% drop in value.
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In stark contrast to mainstream competitors, Procreate has said it would not use generative AI features in its products to protect artists.
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