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🚀 Ready for the next NFT auction? 🖼️
🚀 Ready for the next NFT auction? 🖼️
Happy Wednesday, Geckos! Sotheby's auction house follows its competitor Christie's into NFT-land as they announce their first-ever NFT sale. The auction will feature work by PAK, an anonymous digital artist, and is set to take place next month. Despite being fairly new to crypto art, PAK became the first crypto artist to earn more than $1 million for their work in December 2020. Though Pak has been surpassed by Beeple and others recently, the Sotheby's auction will give the artist their biggest showcase to date. Furthermore, Sotheby's CEO Charles Stewart assures that this will not be the last NFT auction, as 'this is something that you'll see more frequently'. He also added that crypto art 'really has the potential to bypass a lot of the traditional gatekeepers and vetting process of the physical world'. In today's news, Cardano is launching on Coinbase Pro, digital asset investments have hit a record of $4.2B this quarter and major firms are looking to Bitcoin milestones next week. Read on! | | |
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| | REVV is the ERC-20 main utility token and in-game currency for branded motorsports blockchain game titles produced by Animoca Brands, including F1® Delta Time and two upcoming titles based on MotoGP™ and Formula E. REVV is designed to leverage blockchain interoperability, whereby a token can be utilized across multiple connected gaming ecosystems. The branded motorsport games will be connected by a shared economy made possible by the REVV token - the currency of purchase, utility, and action serving multiple games. Click here | | Cardano Launches On Coinbase Pro Coinbase Pro will support Cardano's ADA in all its jurisdictions, with trading beginning on Thursday, once liquidity conditions for ADA are met on the platform. The move comes after Coinbase users requested listing ADA to the platform, as Cardano looks to take a larger role in the DeFi space. ADA was also added to Bloomberg terminals recently, which exposes a large number of professional traders to the asset. CoinDesk | | Digital Asset Investments Reaches $4.2B Record According to digital asset investment manager, CoinShares, Q1 2021's inflows into cryptocurrency funds are up 7.7% from Q4 2020, achieving a new record of $4.2 billion. The top five digital asset investment providers with over a billion dollars in assets under management are Grayscale, CoinShares, 3iQ, ETC Issuance, and 21Shares. While Bitcoin (BTC) remains the dominant asset, there are more funds flowing into Ethereum (ETH) based investment products, as it gains popularity among institutional investors. Cointelegraph | | Bitcoin Milestones To Be Announced By Major Firms The CEO of bitcoin investment firm NYDIG, Rubby Gutmann, has claimed that 'starting more or less next week…' we will be seeing some 'pretty game-changing [Bitcoin] milestones' from numerous major firms Gutmann also shared that we can expect to see announcements from some of the firm's strategic partners that will disrupt and transform the traditional financial landscape. Though it was not disclosed which firm or partner exactly, Guttman hinted that the news ahead could involve providing greater access to Bitcoin for the wider public. Cointelegraph |
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| | | | Private KeysIn public-key cryptography - one of the basis of cryptocurrency, digital keys are generated from a large random number through a cryptographic key generation program to produce a private key and public key. In such a system, anyone can encrypt a message using the receiver's public key, but that encrypted message can only be decrypted with the receiver's private key. Private keys must be stored securely to maintain the safety of one's cryptocurrency. "not your keys, not your coins" Learn about other Crypto terms here | | | |
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