NFTs Artwork Earned A 19-year Old Trans Teen $50 Million
19-year-old transgender artist Victor Langlois has earned $50 million selling his NFT artwork in a time period of little over a year. The trans teen first got famed the previous year when his NFTs and physical artwork were sold for $2.16 million at the Christie’s auction in New York. The collection was titled “Hello, I’m […]
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Non-fungible tokens (NFTs) have revolutionized the art world in 2021. The market has seen groundbreaking sales, with collectors having spent over $2 billion on NFTs in the past month alone, compared to only $250 million in the entire year of 2020, according to NonFungible.com. The staggering statistic can, in part, be attributed to artists like Beeple making record-breaking sales this year, when the artist sold a singular artwork for $69 million at Christies, the third-highest price of art on record. By definition, NFTs are digital files that provide buyers with proof of ownership and....
NFTs have enjoyed considerable press and attention this year, overtaking DeFi as the hottest trend in crypto. However, with the explosive levels of growth within the sector, NFTs naturally invited skepticism from within crypto and from outside. When a single piece of digital artwork sells for $69 million via Christie’s, it’s easy to see why […]
NFTs are the epitome of post-modernism in the crypto sphere. This phenomenon is a rethinking of past expressions of digital artwork and reflects the development of last century’s masterpieces. The success of NFTs has resulted in the growth of creativity among artists and creators of all kinds and the appearance of unique artwork on the […]
A teenager has been arrested in Canada after committing what law enforcement officials in Ontario have described as the largest crypto theft by a single person. The Canadian is accused of stealing tens of millions of dollars through a SIM swap targeting a crypto holder in the U.S.
Teen Arrested in Canada for Stealing Crypto Fortune From American
A young Canadian from Hamilton, Ontario province, has been accused of stealing cryptocurrency worth $46 million Canadian dollars (over $36 million). The digital money was allegedly misappropriated in a SIM swapping attack on a victim....
The non-fungible token-based artwork market witnessed a profitable end of 2020 with astonishing trading volume figures monthly compared to those seen during November. Metrics Show $8.2 Million Worth of Crypto Artwork Sold in December According to metrics revealed by Nonfungible.com, the volume in December of NFT artworks sold was $8,681,242.59, surpassing by far the $2.6 million traded over November 2020, according to the platform Cryptoart.io, almost triplicating the numbers. The considerable surge comes within the context of a too-bullish crypto market in the last quarter of 2020, but....