Sotheby’s first NFT [non-fungible token] sale completed yesterday. The digital artist known as Pak sold multiple NFTs for almost $17 million. Hosted on Gemini’s Nifty Gateway, the sale allowed collectors to bid on NFTs for limited-edition artworks in “The Fungible Collection” and open edition artworks in “The Fungible Open Collection.” The NFT for “The Pixel,” … Read more
The Sandbox has revealed a group of new landowners for their virtual world, including the Winklevoss twins, as they set a new date for a land sale. Galaxy Interactive, crypto exchange Gemini, and NFT art marketplace Nifty Gateway are among the companies acquiring land as well. Next week will mark the third land sale from … Read more
Digital asset exchange Gemini recently revealed that it now has over $20 billion in crypto-assets under custody. The US-based firm confirmed in a blog post: “Tracking with the impressive growth of the crypto market this year and increased participation from institutional investors, we have doubled our crypto under custody in just over two months.” As … Read more
Gemini, the popular bitcoin and cryptocurrency exchange company, today announced the upcoming launch of the Gemini Credit Card, a credit card that lets users earn up to 3% back in bitcoin or other cryptocurrencies for every dollar spent. The Gemini Credit Card waitlist is now open. Those who join will get early access to apply. The Gemini … Read more
Continuing a trend of splashy non-fungible token (NFT) auctions in recent days, rapper Lil Yachty has sold a digital collectible for $16,050. The lucky winner is “westcoastbill” – a user who appears to have sniped Tyler Winklevoss by $50 at the last minute. Winklevoss, a “bitcoin billionaire,” is the owner of the NFT marketplace on … Read more
Gemini, a leading bitcoin and crypto exchange, announced today its first acquisition with the purchase of Nifty Gateway, a popular platform to buy and manage non-fungible tokens (NFTs). NFTs, many of which follow the ERC-721 open standard, are cryptographic tokens that represent a unique asset or good on the blockchain. NFTs are different from fungible … Read more
