• beeple everyday $70M Christie's
    Cryptocurrencies,  Technology

    Beeple’s NFT collage EVERYDAYS sells for nearly $70M at Christie’s

    Digital artist Mike Winkelmann’s art is now more valuable than the likes of Eugene Delacroix, Marcel Duchamp and Francisco Goya

    Just having a non-fungible token work on sale at one of the world’s oldest and most prestigious auction houses was a major coup for the crypto-based artform. The work, “EVERYDAYS: THE FIRST 5000 DAYS” was described by Christie’s as Beeple’s “monumental digital collage,” of images of an artwork he posted every day since May 1, 2017.

  • Grayscale Bitcoin Trust buyback
    Bitcoin

    Grayscale Bitcoin Trust suspends new investments on heels of buyback

    With its stock trading as much as 15% below the value of its Bitcoins, the company already announced a $250 million share buyback this morning

    Stock buyback plans are often used on Wall Street to shore up the price of ailing stocks or bump strong ones even higher. By decreasing the number of shares available, the theory goes, the stock price will go up. It often works. Grayscale’s shares have been ailing recently, as Canada approved a pair of Bitcoin exchange traded funds—the first in North America. The first ETF, Purpose Bitcoin ETF, roared to life with more than $500 million invested in just the first few days.

  • ripple YouTube settle giveaway scam lawsuit
    Ripple,  XRP

    Ripple CEO settles YouTube giveaway scam lawsuit

    Brad Garlinghouse sued the streaming video platform last year after it refused to act or dragged its feet in taking down channels that used his company, name, and likeness to steal XRP

    In a March 9 Twitter thread, Garlinghouse said that while the terms of the agreement were confidential, “we’ve now come to a resolution to work together to prevent, detect and take down these scams.” The lawsuit was filed on April 21 last year, after Garlinghouse complained that fraudsters on the streaming video platform had stolen hundreds of thousands of dollars from XRP supporters using his name and likeness.

  • Wallets offline Bitcoin.com warns scams
    Cryptocurrencies

    Wallets offline, Bitcoin.com warns of scams

    The leading digital wallet provider said a data center fire had made accounts inaccessible, and warned customers to be wary of phishing scammers posing as customer support

    Telling customers to "rest assured that funds are secure and we’re working to restore access as soon as possible, the company added a warning: “Whilst we work to resolve this access issue please remain vigilant. @AskBlockchain is our ONLY Support Account. DO NOT accept help or assistance from any other account, this includes fake forms & website links.”­­­