NFTs have been hitting the racetrack this year in full force, and Porsche is the latest brand to hit the road. Our team at Bitcoinist has covered a substantial amount of crypto automotive activity in 2021. In just recent months, we've seen the Indy 500's Bitcoin racecar, Crypto.com's...
We are excited to announce that Shiden secured the third parachain slot on Kusama – Congratulations! Slot 3 Winner Shiden (SDN) – A smart contract platform for decentralized applications (dapps) on the Kusama network. Shiden is built to support “layer 2” solutions, which refers to… The post Shiden Wins The Third Kusama Parachain Slot...
It's the 25th anniversary of legendary hip-hop album, 'Reasonable Doubt'. Jay-Z's impact on music and culture is undeniable, and 'Reasonable Doubt' is arguably near the top of the list when it comes to most popular albums in the eyes of Jigga fans. In a recent announcement on Twitter from Sotheby's and Roc Nation, digital art piece 'Heir to the Throne' has gone live...
Global auction house Sotheby's is no stranger to crypto. In fact, the leading auctioneers have been hosting NFTs, such as multi-million-dollar CryptoPunks. This week, they are kicking off the auction for the code of the World Wide Web. Now, Sotheby's is integrating crypto for more than just NFTs and their payments - and is allowing crypto to be a form of purchase for...
Christie’s, one of the most famous auction houses in the world, has recently completed the auction of 9 CryptoPunk NFTs for a value of $16.9 million total, marking a milestone for the Non-Fungible Token (NFT) collection. The British auction house handled the auction of Beeple’s “Everydays: The 500 days” collection, which sold for $69 million [...] The post Christie’s Auctions CryptoPunks for $16.9...
Kusama is Polkadot's canary network designed for designers and developers to run experiments and test implementations before merging any feature on the main chain. It has a lower barrier to entry and faster governance parameters compared to Polkadot. Kusama isn't a testnet. Instead, the team has built it to function...
The Polkadot network has three integral parts in its architecture: relay chain, bridges, and parachains. Parachains are Layer 1 blockchains that have their state transition function. For instance, a blockchain can be an identity chain and another can be a smart contract chain. Parachains' governance and economics define them, which then allows them to have their design and specifications....
Surprisingly, 9.45 BTC auctioned off by a U.S. government agency was purchased at a market discount.The U.S. government sold 9.45 BTC during a four-day auction that closed earlier this week, with the bitcoin being purchased at a notable discount compared to market prices.The auction was performed by GSA Auctions, a service of the United States General Service Administration (GSA) that functions...
If you’ve ever wanted to own a piece of art crafted by the creative force behind Bitcoin Magazine, here’s your chance.Link To Scarce City Auction HereAlthough I’ve been working my dream job here at Bitcoin Magazine since September 2017, I have only published one other...
Mike Winkelmann, the digital artist also known as Beeple who has made an artwork every day for over 13 years, talks about the NFT auctions he held last weekend, after learning about crypto two months ago. In the show, he discusses: how he got into crypto two months ago, and made $3.5 million in NFT auctions last weekend...
Mike Winkelmann, the legendary digital artist best known as Beeple, has raised a record-breaking $3.5 million for his latest NFT collection called "Everydays." "Everydays" Breaks New Record Winkelmann auctioned off his "Everydays" 2020 collection via Nifty Gateway this weekend. It's the...
At Scarce City, a marketplace for fine, Bitcoin-based goods, we’ve just sold a piece of artwork for 1 bitcoin in our debut Lightning Auction. Lightning Auctions is a first-of-its-kind online marketplace that instantly and anonymously collateralizes bids on goods with minimal fees using the Lightning Network. Participants pay a Lightning invoice...
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