Sotheby’s

The traditional art market is continuing to capitalize on the booming NFT space. Sotheby's Deputy Director Michael Bouhanna shares insights into the historic art auction house's continued bets in the digital art market following the launch of its first NFT project, Chromie Squiggles. Plus, his take on the impact of crypto volatility on the collectibles art scene and reactions to the ConstitutionDAO sale.

7 dec 2021

The group known as ConstitutionDAO was outbid by an unknown buyer who submitted a $43.17 million bid at Sotheby’s auction house Thursday. When the gavel banged, a first edition copy of the U.S. Constitution, one of only 13 left in existence, was in new hands.

19 nov 2021

A longshot bid for a decentralized autonomous organization (DAO) to buy one of 13 original copies of the U.S. Constitution is looking increasingly like a lock. The group has now raised $40 million and counting, well above auction house Sotheby’s upper estimate of a $20 million price. It also plans to issue governance token "PEOPLE." The panel for "The Hash" discusses the latest in an ongoing story illuminating the power of DAOs.

18 nov 2021

Sotheby's will allow live bidding in ether in an upcoming virtual exhibition Nov. 18 to be held at its "headquarters" in Decentraland. Auctioneer Oliver Barker will be fielding real-time bids for street artist Banksy's "Trolley Hunters" and "Love Is In The Air" (2006). "The Hash" hosts discuss the latest in the 277-year-old British auction house's ongoing experiment with crypto.

11 nov 2021

Rapper Jay-Z is auctioning off a non-fungible token (NFT) with Sotheby’s on the 25th anniversary of his “Reasonable Doubt” album, featuring famed artist Derrick Adams. “The Hash” panel talks about the rap scene’s heated affair with cryptocurrency. Plus, Sotheby’s continued adventure in digital assets and its influence in driving mainstream adoption of crypto.

25 jun 2021

New crypto mining hot spots emerge following China clampdown. Korea crypto conflict intensifies between Upbit and The Pica Project. Sotheby’s to accept crypto for 101 carat diamond auction. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

22 jun 2021

A rare “CryptoPunk” non-fungible token (NFT) sold for $11.8 million on Thursday at Sotheby’s. “The Hash” team discusses the sale as part of a larger conversation about the demand and future of NFTs.

11 jun 2021

During a keynote discussion at Consensus 2021, entrepreneur Gary Vaynerchuk likened NFTs (non fungible tokens) to physical collector's items like an original Mickey Mouse drawing by Walt Disney.

25 mei 2021

The total global cryptocurrency market cap bounces back and is flirting around $1.8 trillion. Experts tell Forkast.News that bitcoin is acting as a “safe haven” for the market, and ether’s long-term potential may be more attractive for some.

21 mei 2021

Sotheby's partnership with the digital artist Pak has proven to be a success. Pak's collection of NFTs, including an image of a single pixel, was auctioned off for a total of $16.8M. "The Hash" panel discusses the current debate in the art world over NFTs and who is buying high-priced NFTs.

15 apr 2021