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Leading Auction House Sotheby’s Auctions 107 Bored Ape Yacht Club NFTs for $24 Million – Bitcoin News

The British-founded American multinational corporation headquartered in New York City, Sotheby’s, closed the Yuga Labs “101 Bored Ape Yacht Club” non-fungible token (NFT) collection auction at $24.3 million for the lot. The auction ended on September 10 and surpassed the expected settlement for the NFT lot which was estimated to

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Kusama network set to launch its next five parachain auctions

Kusama is a platform that acts as a test environment, or a so-called “canary network,” for developers to experiment and determine the efficiency of their blockchain code and applications prior to their official release on the Polkadot network. Due to the trial-and-error nature of Kusama, developers can benefit from a less

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DeFi Game Aavegotchi Preps for Jan. 4 Mainnet Launch With NFT Auctions

A retro, Tamagotchi-inspired game that came to life at the end of DeFi Summer is launching in full on Jan. 4.Initially funded by an ecosystem grant from decentralized finance (DeFi) protocol Aave, Aavegotchi aims to “make DeFi fun.”In November, Aave officially announced its investment in Pixelcraft Studios, the Singapore-based company

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Exchanges outdo auctions for governments cashing in criminal crypto, says exec

Earlier this week, Lithuania's tax service, the Lithuanian State Tax Inspectorate, added $7.6 million dollars to the state budget through the sale of cryptocurrencies seized in criminal investigations. The occasion marked the first time that the Lithuanian government liquidated confiscated cryptocurrencies. In doing so, the country joined the growing number of

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Crypto ‘Dutch Auctions’ Show Promise After $1.76M Offering Sells Out

On March 24, United States-based blockchain company Solana successfully sold all of its tokens via a “Launch Auction” hosted by crypto fundraising firm CoinList.Solana raised $1.76 million from 445 bids placed from 91 different companies. 8 million SOL tokens were distributed at $0.22 each. 1,416 prospective investors had registered

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