‘Why I spent $111K on a digital F1 Car’ — NFT collector
The buyer of last year’s most expensive NFT has finally come forward. In May 2019, a non-fungible token representing the first digital F1 car minted for the blockchain game F1 Delta Time was sold for a record breaking $110,000. The winner of the auction has just come forward, revealing why he brought the elusive NFT.The 1-1-1 Formula 1 car was the most expensive NFT sold in 2019, designed for the officially licensed game. The one of a kind racer was produced in official partnership with Formula 1 and marked a digital milestone. Up until now, the buyer has remained anonymous.Details about....
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The popular collector car auction company Mecum Auctions has announced the company is now accepting crypto assets for payments. The company says that the new payment acceptance allows the auction firm to “attract new customers and sales.” Collector Car Auctions Giant Plans to Start Accepting Crypto Assets at Dana Mecum’s Original Spring Classic The Wisconsin-based Mecum Collector Car Auctions, the largest collector car auction company globally, has revealed the firm will now accept cryptocurrency payments through Bitpay. Mecum Auctions was invoked by a father and son duo....
The Central African Republic prepares to launch its first major crypto hub shortly after the National Assembly adopted Bitcoin as legal tender. Shortly after approving Bitcoin (BTC) as legal tender in the Central African Republic (CAR), the local government is moving to provide the digital currency infrastructure.CAR President Faustin-Archange Touadera took to Twitter on May 24 to announce the upcoming launch of the country’s first major crypto initiative dubbed “Sango.”The creation of the CAR’s crypto hub comes soon after the National Assembly unanimously adopted Bitcoin as legal tender,....
In a fresh twist to the collapsed bitcoin Ponzi scheme Mirror Trading International (MTI) saga, revenue collector South African Revenue Services (SARS) has demanded $55.3 million from the scheme’s liquidators. The revenue collector added that it wants the tax bill settled before the MTI liquidation process is finalized.
Liquidators Failing ‘as the Deemed Public Officers’
The South African revenue collector is said to have lodged a claim of approximately $55 million against the now defunct bitcoin Ponzi scheme Mirror Trading International (MTI). The claim....
Pransky, a prominent non-fungible token (NFT) collector, was swindled of 97.7 Ethereum worth about $341,500. This happened after the hijack of the website of Banksy, a popular artist, for the promotion of a fake NFT auction. Nevertheless, almost the entire funds have been recovered. On August 31, Pransky identified one of Banksy’s official website pages […]
On Wednesday, the world’s largest collector car auction house by total sales, RM Sotheby’s, announced the company will be accepting cryptocurrency payments via Bitpay. The firm’s upcoming Guikas Collection sale on November 19 will be RM Sotheby’s first auction to accept digital currency payments for collectible automobiles.
RM Sotheby’s Announces Crypto Payment Support via Bitpay
While cryptocurrencies have increased significantly in value, a great number of businesses have turned toward accepting digital assets for goods and services payments.....