$1.6Mln Bitcoin Auctioned Off in US: Will Bitcoin Price Increase?
$1.6 million in confiscated Bitcoin will be auctioned off in a single day by the US Marshals Service (USMS). Auction announcement. Totalling around 2719 BTC in one block, the Bitcoin comes from various sources connected to both criminal and civil cases. The auction will be online on August 22, 2016 from 8AM EDT to 2PM EDT according to the USMS in a statement. With a large portion of the prize forfeited coming from the Silk Road investigation, the USMS stated that only 2.8 BTC actually came from the United States v. Ross Ulbricht case while another 1294 BTC was from Matthew Gillum, one of....
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Dvision Network, the blockchain-based virtual reality (VR) content ecosystem, has announced the introduction of five limited-edition NFT characters, to be auctioned later this month. These NFTs are the first among many unique tokens to be introduced by the project as it continues to enhance the VR industry. The limited-edition NFTs will be auctioned on OpenSea […]
Bitcoin seized from Silk Road is being auctioned off by the US Government. Update (12:00 PM CST): USMS has confirmed with CoinDesk and CoinFire that they will release an announcement this afternoon. No further details were furnished. Update (4:00 PM CST): The USMS has reported that 1 anonymous bidder outbid all other 44 bidders for all of the auctioned Bitcoin. The winning bid is still undisclosed. At this point, it seems that the single winner probably has incentive to not reveal his winning bid. However, if all the losers come forward we could have a better idea of the winning bid. What....
Financial services firm Ernst and Young has announced it has successfully auctioned off 24,518 Bitcoins at a closed international auction which ended on June 21. The auction was the first of its kind in Australia and the second ever globally. Bidders were made to deposit $250,000 as well as meet other financial requirements to bid for the available 11 lots of 2,000 Bitcoins and one lot of 2,518 Bitcoins. Going by its current rate (1 BTC = $634), the auctioned 24,518 Bitcoins are worth about US$16 million. The Bitcoins are the proceeds of crime as part of the civil forfeiture connected to....
On December 2nd at Art Basel Miami, the very first Ross Ulbricht non-fungible token (NFT) collection will be showcased at the event and auctioned via Superrare. The proceeds from the auction will support Ross Ulbricht’s freedom efforts and a donor-advised fund called Art4giving, which helps support people who have incarcerated family members.
10 NFTs Featuring Ross Ulbricht’s Personal Work
Non-fungible token (NFT) assets have become a big deal this year and turned into a billion-dollar industry in what seems like overnight. This week Ross Ulbricht, the founder of....
Julian Lennon, John Lennon’s eldest son, is releasing some of his personal collection’s most precious artifacts of music history to be auctioned as NFTs. John Lennon Memorabilia To Be Auctioned Some of the most sought-after Beatles items available for auction include John Lennon’s coat from the film “Magical Mystery Tour,” his cape from “Help!,” three […]