Nifty News: NFTs in space, defunct CryptoPunks, Ernst & Young gets in on the act
NFTs have been streamed from and to the International Space Station, Unifty decentralizes its governance, and 342 CryptoPunks may be lost forever. One small step for NFTs...Two companies teamed up to stream a recording of composer Claude Debussy’s “Clair de Lune” to, and from, the International Space Station on July 28, reportedly marking the first instance in which a nonfungible token (NFT) has orbited the Earth.The orbital NFT expedition is the product of a partnership between Artemis Music Entertainment and space services company Nanoracks LLC, with the two firms minting the track as a....
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One of the “Big Four” audit firms the multinational financial management service Ernst & Young (EY) is auctioning $16 million worth of bitcoin next month in Sydney, Australia. The 24,518 bitcoins seized by special agencies will make for the country’s first cryptocurrency auction of this magnitude — much like the U.S. Marshals Silk Road auctions in....
Ernst & Young is one of the most respected companies active in the financial sector today. Despite their interest in blockchain technology, the company is also selling US$16m worth of confiscated Bitcoin next month. A Huge Bitcoin Auction By Ernst & Young. The bitcoins in question were seized last year as part of an investigation into criminal activity over the Internet. There will be 11 lots of 2,000 coins each, and one big lot of 2,518 BTC. This seems to follow the same trend of how the Silk Road bitcoins were sold last year. It will be interesting to see who decides to bid on these lots....
Global professional services firm Ernst & Young has announced it will auction off 24,518 BTC (worth $12.9m) originally confiscated by a user of defunct online dark market Silk Road. The sale will represent the end of a process that began in late 2014 when law enforcement officials confiscated the bitcoins from Richard Pollard, a Warrandyte native who was later sentenced to 11 years in prison for commercial drug trafficking. Ernst & Young said in a statement today that the auction will be held over a 48-hour period beginning at 12.01am AEST on 20th June 2016. As previous auctions....
The creators of Bored Ape Yacht Club are the new owners of CryptoPunks and Meebits brands, while The San Antonio Spurs celebrate its "winningest" basketball coach with NFTs. This week's Nifty News round up follows a weekend full of Yuga Labs announcements, the start of Austin's SXSW conference and added NFT support for 1inch Wallet users.Yuga Labs acquires CryptoPunks and MeebitsYuga Labs, creator of Bored Ape Yacht Club, or BAYC, announced its acquisition of the Intellectual Property, or IP, of the CryptoPunks and Meebits NFT collections from Larva Labs. By adding these brands to their....
NFTs are here to stay. CryptoArt is hotter than ever. CryptoPunks keep breaking records. As Christie’s auction approaches, the demand for the original NFTs rises. Today, an anonymous and recently created account placed bids worth 3,034 ETH for 16 CryptoPunks. At the current price, that’s $6,309,476.33. This fact makes the story even more interesting: so far, none of the bids have been accepted. Widely regarded as the original NFTs, the CryptoPunks contract was created on […]