Cryptocurrency

Christie’s launching new platform that will allow for sales to exist fully on the blockchain

The inaugural sale on Christie's3.0 will consist of nine NFTs by the artist and activist Diana Sinclair

Swiss art dealer Yves Bouvier sells Singapore freeport to Chinese crypto billionaire Jihan Wu for a reported $28.4m

Sale marks a significant loss for Bouvier, who paid $70m to build the state-of-the-art facility in 2010

Ethereum, the NFT market's blockchain of choice, cuts its CO2 output by 99%

The long-awaited shift looks set to make the world of NFTs considerably less harmful to the environment

Art marketcomment

Recession is likely—and the art market is not immune

It might take a little longer in our world for the bad news to feed through, but feed through it will

NFTnews

Bored Apes, Beeple and Takashi Murakami among the winners at second annual NFT Awards in New York

The awards were given out during the fourth edition of the NFT.NYC conference, which is unfolding amid a major downturn in cryptocurrency markets

NFTnews

'It shouldn’t be a surprise that easily traded JPEGs are not "safe" assets': artist Sarah Meyohas on the NFT market

The French-US artist is showing a hologram sculpture with Marianne Boesky at Art Basel

Crypto crash: what now for NFTs and the art world?

Plus, Norway’s mega-museum and a Spanish-American screen in the Los Angeles County Museum of Art

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Art crimeanalysis

NFTs are accelerating the pace of art crime—here's how digital sleuths are sharpening their tools to fight wrongdoers online

Lawmakers must now contend with a new era of discord channels, smart contracts and open-source intelligence to combat cyber criminals

Ukrainian government sells NFTs combining art and tweets to fund army

The drop comes from the Meta History Museum of War, the official collection of Ukraine’s Ministry of Digital Transformation

Art Dubaianalysis

Biggest-ever Art Dubai fair offers smoke machines, escapism and, of course, NFTs: here’s what sold so far

The event's 15th edition dedicated a whole building to the "rapidly expanding digital arts space"

Fresh off a $1.7m crypto sale, light sculptor Leo Villareal explains NFTs to my sceptic self

The artist, famous for lighting up bridges across the Thames, tells me how he created his first NFT drop—which sold out within an hour

NFTnews

Crypto group shamed for spending $3m on ‘Dune’ book, mistakenly believing it had acquired copyright to produce NFTs

The group Spice DAO planned to sell NFTs based on the contents of the book, which details Alejandro Jodorowsky’s ambitious but failed adaptation of Frank Herbert’s sci-fi novel

The 'Wild West' of finance: governments want to regulate NFTs and cryptocurrencies, but first they have to catch up

This booming but unregulated market is under scrutiny in the US and UK, but legislation is lagging behind innovation

Art and crypto: a marriage made in Miami

As the mayor pledges to move Silicon Valley to the city, Art Basel in Miami Beach ramps up its NFT offerings

Crypto wallets at the ready: Sotheby's to accept live bidding in ethereum on two Banksy works

The auction house made Banksy's world record for the pre-shredded work Love is in the Bin

NFTnews

NFTs of Marvel book legend come to auction

Portraits of Stan Lee, a Marvel comic book writer and publisher, will be auctioned as NFTs on the Mogul platform

How a crypto and digital art fair is using Instagram to show—and sell—works

CADAF has opened its second online edition but the social media app—paired with QR codes and AR filters—is helping the fair to physically interact with visitors in Paris

Unlike Elon Musk, Ora-Ora gallery will be accepting Bitcoin at Art Basel in Hong Kong

The Hong Kong gallery will be among the first to use the new form of payment at the fair

Crypto-creep accelerates as Sotheby's accepts Ether and Bitcoin for $5m Banksy painting

The sale this month will be the first time the auction house has accepted cryptocurrency as payment for a physical work of art

How a new digital art market could mimic the traditional one—including in bad ways

The new breed of art buyers are likely to need administrators, curators and lawyers much like those in the conventional art world

NFTnews

Basquiat drawing to be auctioned as an NFT—and winning bidder will be given the option to destroy the original

Drawing is being sold in an auction sponsored by the firm behind David Bowie’s online bank

NFTnews

Sorry to burst your bubble: NFT prices slump 70%

Sales for NFTs linked to art dropped from $16.7m to $12.5m—but experts say it's not a permanent dip

NFTnews

Leonardo da Vinci’s Salvator Mundi—the world's most expensive work of art—to be turned into an NFT

Author Ben Lewis is minting the masterpiece to highlight the art world’s ‘age-old inequities and injustices’

NFT art bubble? 2017 crypto bust could spell out the future of current boom

Mania for non-fungible tokens is gripping the art world, with one selling for $69m. But artists unfamiliar with the mercurial cryptocurrency markets ought to curb their enthusiasm—this has happened before

NFT breakthrough: Ethereum co-founder Joe Lubin creates 99% energy efficient blockchain—and Damien Hirst is its first artist

Hirst launches the Palm platform with a drop of 10,000 works on paper linked to NFTs that “explore the boundaries of art and currency”

NFTnews

'Complete bullshit': conceptual artist Matty Mo calls out Nifty Gateway after NFT platform pulls plug on sale of his works

Nifty Gateway executive says it is unable to keep up with the volume of drops released on its site

NFTnews

Jeremy Deller mints his first NFT: here is his advice for other artists

The British artist has entered the fray of crypto collectibles, collaborating with The Art Newspaper to auction an NFT for charity. How will an established artist fare in this brave new world?

NFTnews

Sotheby’s gets in on NFT fever with a collaboration with digital artist Pak

Auction house's head of sale Max Moore has already personally bought a work by the artist