Sotheby’s is one of the biggest and oldest auction houses in the world. On May 19, it confirmed the auction of seven NFTs that belonged to the bankrupt crypto hedge fund, Three Arrows Capital (3AC). This auction saw the collection of digital art pieces being sold for an attractive sum of nearly $2.5 million. The… Continue reading Sotheby’s Auctions NFTs By Bankrupt Crypto Hedge Fund
Tag: Three Arrows Capital (3AC)
Metaverse And GameFi Least Affected By Terra Debacle – Report
Blockchain games and nonfungible token (NFT)-related metaverse projects “managed to sidestep the ensuing bear market” by posting transaction count surges of 9.5% and 27% respectively in Q2, 2022. Blockchain gaming and the Metaverse have managed to “sidestep” the “Lehman brothers-like” collapse of Terra in May 2022 – although decentralized finance (DeFi) and nonfungible tokens (NFTs)… Continue reading Metaverse And GameFi Least Affected By Terra Debacle – Report