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Italian luxury car manufacturer Ferrari has decided to include cryptocurrency as a payment option in response to demands from dealers and the market. The Maranello, Italy-based company will start accepting purchases of its luxury cars using crypto in the U.S., with plans to expand the new payment option in Europe in
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Customer funds from Sam Bankman-Fried’s FTX were allegedly spent on a $2.5-million yacht, which was believed to be a gift for Sam Trabucco, the former co-CEO of Alameda Research. Two filings — one from July 31
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The “Future Frequencies: Explorations in Generative Art and Fashion” collection derives inspiration from Gucci designs and features works from artists including Claire Silver and Emily Xie. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bybit, the world’s third most visited crypto exchange based in Dubai, has announced a collaboration with Franck Muller, a Swiss luxury watch manufacturer to form a co-branding partnership. Cutting-edge technology meets timeless craftsmanship The partnership aims to showcase
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C’est bon, Louis Vuitton: French luxury fashion house Louis Vuitton will soon release a new collection of physical-backed NFTs called Via Treasure Trunks, which will be linked to exclusive experiences and products down the line. Consumers based in the U.S., Canada, France, the U.K., Germany, Japan and Australia can register
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The U.S. luxury brand Ralph Lauren has said customers can now pay via crypto at its Miami Design District location. The store has also been designated the luxury brand’s focal point for Web3 promotions. Bitcoin, ethereum, and polygon are among the cryptocurrencies that are accepted at Ralph Lauren’s new store
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For LVMH, a task to convince other luxury brands to join the blockchain movement has been a difficult one. Luxury goods company LVMH has suggested that luxury brands are dependent on blockchain technology to improve the lifecycle of their products. According to Franck Le Moal, the Chief Information Officer (CIO) of
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French luxury brand Hermes has won a lawsuit against an artist who depicted its famous Birkin bags in a non-fungible token (NFT) collection. The artist argued that NFTs should be covered under the U.S. Constitution’s First Amendment but the jury disagreed. Hermes Wins Lawsuit Against ‘Metabirkins’ NFT Creator French luxury design house
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Crypto Twitter has seemingly taken issue with Sam Bankman-Fried’s $250 million bail bond, allowing him to spend Christmas in his parent’s Palo Alto home without paying a single dime upfront. The former FTX CEO arrived in New York from the Bahamas on Dec. 21 and appeared in court on Dec. 22
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The unwinding of Sam Bankman-Fried’s sprawling empire is proving as unwieldy as the company itself. Original Source
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