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“#Banksy confirms new artwork series in British coastal towns” The world’s most affluent street artist is back. Banksy took ownership of a number of new works that have appeared along the coast of England this summer. Banksy made the reveal in a roughly 3-minute Instagram video titled “A Great British Spraycation.” In the clip, the…
“#Sotheby’s sues art dealer over alleged fake Diego Giacometti works” They claimed to be peddling works from a famed Swiss sculptor — but their story had more holes than a slice of cheese, a lawsuit claims. The Sotheby’s auction house is demanding a Florida art seller and his wife pay back $7 million after it…
“# OpenSea trading volume explodes 76,240% YTD amid NFT boom ” Trading volumes on peer-to-peer nonfungible token (NFT) marketplace OpenSea have surged by over 12,000% in 2021. DappRadar data shows that the total incoming value to OpenSea’s smart contracts increased to $56.07 million on Wednesday compared to $73,556 on Jan. 1. Meanwhile, the marketplace’s user…
“#Sotheby’s and MGM Resorts to auction 11 Picassos worth $104M” Pablo Picasso once said “art is the elimination of the unnecessary,” and admirers of his paintings should be prepared to eliminate quite a few zeros from their bank accounts if they hope to own one of his works of art. In what organizers are boasting…
“#Prehistoric cave paintings show Neanderthals were artists” ARDALES, Spain, Aug 8 – Neanderthals may have been closer to our species of prehistoric modern human than previously believed after cave paintings found in Spain proved they had a fondness for creating art, one of the authors of a new scientific report said on Sunday. Red ochre pigment discovered on stalagmites in the Caves of Ardales, near Malaga…
“# Blockchain-based digital art installation to launch on Vancouver bridge ” Canadian public art exhibition organization Vancouver Biennale is preparing to unveil an art installation that combines physical and digital realities withblockchain technology. Located on the south side of the Cambie Street Bridge in Vancouver, the new Voxel Bridge installation is a blockchain-based augmented reality…
“# Hot July at Christie’s: Over $93M in NFT sales and Art+Tech Summit 2021 ” Christie’s upscale building located in New York City’s Rockefeller Center, Midtown Manhattan. The organizers were exhibiting a 3D frame, which allows a hologram of oneself to be remotely projected elsewhere, and discussing how animated interactive collectible cards will change over…
“# Thanks to Bauhaus, I totally get NFTs now ” On Friday of last week, I got a press release from Grace at a music and public relations firm called 23, and Grace wanted to know if I was interested in running a feature on a series of nonfungible tokens, or NFTs. I almost instinctively…
“# UN chooses NFT marketplace host in efforts to fight climate change ” The United Nations has selected blockchain platform Unique Network to run a nonfungible token (NFT) initiative in the effort to inspire others to take action against climate change. According to a Tuesday announcement, Unique will be the lead technology partner for a…
“#Kehinde Wiley Designs New MTV Moon Person Trophy” American artist Kehinde Wiley has designed a new version of the iconic MTV Moon Person Trophy, as Rolling Stone points out. The updated statuette was created as part of MTV’s 40th anniversary celebration. Wiley’s Moon Person is adorned with flowers and green vines, and “represents inclusivity and…