A non-fungible token, or NFT, depicting an incinerated painting created by renowned British street artist, Banksy, has sold for nearly $400,000. On March 8, the token was sold on NFT marketplace OpenSea for 228.69 Ether — worth roughly $382,000 at the time of writing. The sale followed three days of bidding, with approximately 70 bidders pushing the price up from a starting price of 0.00001 ETH. The NFT of the Banksy piece is now worth 6 figures. Less than four hours remain until the auction ends https://t.co/1k8EXyUOEZ — Burnt Banksy (@BurntBanksy) March 7, 2021 The NFT was created by “Burnt …

The rarest Pepe of them all, “Homer Pepe”, has sold for 205 ETH ($320,000) according to owner Peter Kell. The one-of-a-kind card displays a morph between Simpsons character Homer and the infamous Pepe The Frog. Pepe is a cartoon frog created by artist Matt Furie and has inspired countless memes on the internet including Rare Pepes, one of the first art experiments on blockchain. The Homer Pepe is a user-generated card from the Rare Pepe collectibles platform developed by Joe Looney in 2016 and showcased in the Rare Art Labs Digital Art Festival in 2018. The card was acquired by …

Ethernity Chain, a community-oriented nonfungible token platform, is partnering with graphic artist BossLogic to launch an exclusive line of tokenized art pieces for the community. Under the new agreement, BossLogic will create 2,500 NFTs exclusively for the Ethernity Chain network. Each NFT will be priced at 0.299 Ether (ETH). The competition begins Sunday, with winners to be notified via email. To participate in the competition, users must follow Ethernity Chain and BossLogic on Twitter and join the Ethernity Chain Telegram and ANN channels. Users must also retweet the BossLogic announcement, tag two friends and use the following hashtags: "$ERN," "#Bosslogic," …

Candian musician and visual artist, Claire Elise Boucher, or Grimes, has sold a mammoth $5.8 million worth of tokenized art in less than 20 minutes on Nifty Gateway. On Feb. 28, the popular musician launched her debut NFT collection, “WarNymph,” in collaboration with her brother, digital artist Mac Boucher. The collection takes elements from mythology and futurism to create the “Oth3rkin universe,” with Grimes’ WarNymph collection comprising a goddess who battles obsoletion and future decay within a fictional realm. The listing on Nifty Gateway states: “WarNymph is the Goddess of Neo-Genesis. She battles the destructive force of obsolete ideas and …

Buzzy digital artist Mike Winkelmann, aka Beeple, made NFT history yesterday with his piece, “Crossroads”, netting $6.6 million on the secondary market via Nifty Gateway. Like many Beeple artworks, Crossroads was inspired by the 2020 U.S. presidential elections. It was designed to feature one of two animations, depending on the outcome of the election — one a triumphant Trump, the other a forgotten, despondent one. Originally purchased by a user called Pablo for $66,666.60 on Nov 1, the new owner, who chose to remain anonymous, paid almost 100 times more, breaking the price record for a single NFT sale. Previously …

The Winklevoss-owned Nifty Gateway has announced the auction of a crypto art collection from the voice actor and co-creator behind Adult Swim's cult animation series Rick and Morty. According to a tweet from Nifty Gateway today, the non-fungible token, or NFT, marketplace will be auctioning artwork from Rick and Morty co-creator Justin Roiland on Jan. 19. The platform stated “several original artworks” from Roiland would be offered as part of the collection. We are thrilled to welcome @JustinRoiland to Nifty Gateway for his first ever crypto art release! The full collection features several original artworks from Justin and will go …

Digital-art trading platform SuperRare has launched two different timed auction formats to complement its existing fixed-price and open-offers sales. Early access began on Monday, with a number of special auctions featuring works by well-known digital artists being run to celebrate SuperRare Auction Week. Full public access to the auction features will become available on Dec. 14. The two new formats are scheduled auctions and reserve auctions, which are carried out fully on-chain, meaning auctions are noncustodial, secure and tamper-proof. Both the artwork, in the form of a nonfungible token, and the highest bid are held in a smart contract on …

A segment of a race track in F1 Delta Time, a nonfungible token-powered motorsports game from Animoca Brands, has been auctioned off for more than 9 million of the company’s REVV tokens, worth approximately $222,000. Animoca says it’s a record price for an in-game NFT. The token, “Formula 1 Grand Prix de Monaco 2020 1A” was auctioned on NFT marketplace Open Sea, with bidding taking place from Nov. 29 until Dec. 2. The token offers its owner an “Apex” share in the game’s Circuit de Monaco track. Congratulations to @MetaKovan and the @metapurse proud owners of the @F1DeltaTime 1-1-1 and …

The Lithuanian government has reportedly sold a batch of cryptocurrency seized by local enforcement agencies. The State Tax Inspectorate, or STI, the country’s tax authority, sold confiscated crypto assets worth 6.4 million euro ($7.6 million) and subsequently added the funds to the state budget. According to an official announcement on Nov. 24, the seized crypto assets included major cryptocurrencies Bitcoin (BTC) and Ether (ETH) as well as privacy-focused altcoin Monero (XMR). The STI said this is the first time that the agency has sold seized crypto for fiat. “The conversion of cryptocurrencies into euros took almost a day,” the authority …

Christie’s auction house has announced the sale of a digital portrait of the Bitcoin code for more than $130,000. It marks the first time a non-fungible token (NFT) was auctioned at a major auction house, and the price exceeded expectations. According to the auction house, an unknown buyer purchased "Block 21," comprised of a physical piece of art and an NFT representing Satoshi Nakamoto for $131,250 at Christie's on Oct. 7 as part of its “Post-War and Contemporary Day Auction.” Bidding started at $22,000. The artwork, created by Ben Gentilli with the Robert Alice project, is one of 40 creations …

Dapper Labs, the team behind pioneering non-fungible token (NFT)-powered collectibles Cryptokitties and NBA Top Shot, has completed a dutch auction for the native token of their blockchain, Flow. Dutch auctions allow investors to place bids at which they are willing to purchase tokens prior to the commencement of the sale, with the price moving down from the opening price until all of the tokens are sold. All participants pay the same final clearing price. Bidding for the Flow auction started at $1 at 5 am PT on Oct. 6, and lasted for five hours before finding a final settlement price …

The Romanian authorities are set to host their first-ever auction of cryptocurrency, seized from a fraud case. On Oct. 2, the National Agency for the Management of Seized Assets (ANABI) announced its forthcoming auction of the confiscated Bitcoin (BTC) and Ether (ETH), as required by a ruling from the Prosecutor's Office in Ploiesti Court. The specific quantities of cryptocurrency up for auction have not been reported. In a press release, ANABI stated: Taking into account the nature of the moveable property put up for auction, the successful tenderer will have to inform the Agency, to proceed with the transfer, about …