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Auction News

An auction is public trade of different kinds of goods and assets. An auction is organized with rules set in advanced that can differ from auction to auction. Nevertheless, one common thing for every event like this is competition between potential buyers in order to find the winner of the auction. Competition is necessary, as initially the price for the displayed product is lower than its market price. As well as other things, cryptocurrency can be sold in an auction and BTC auctions are popular, as almost everybody can afford to buy them there. Usually, it is Bitcoin that had been confiscated from criminals and sold in a police or FBI Bitcoin auction. In 2016, there began a daily Gemini auction of Bitcoin for dollars, which the exchange platform launched.

News
The Kusama Council is set to announce a further five parachain auctions after a successful $450 million TLV in the first round back of June 2021.
Kusama network set to launch its next five parachain auctions
Tom Farren
2021-08-19T13:30:00+01:00
7545
Event Recap
Christie’s fourth annual Art+Tech Summit was dedicated to discussions of the future of art, collectibles and the world of nonfungible tokens.
Hot July at Christie’s: Over $93M in NFT sales and Art+Tech Summit 2021
Sophia Schteiner
2021-08-05T17:39:00+01:00
3020
News
The buyer, most likely in an attempt to snatch up the valuable piece before everyone else, paid an Ethereum miner 22 ETH to prioritize their bid.
Clever user makes $80K profit in CryptoPunk 'smash and grab'
Turner Wright
2021-08-04T20:45:00+01:00
14748
News
The NFT features writing from a teenage Steve Jobs years before he helped found Apple Computers.
Testing interest in NFTs vs. physical collectibles with Apple founder’s 50-year-old job application
Turner Wright
2021-07-21T17:41:00+01:00
1809
News
American Express’ first foray into NFTs, a partnership with popular musician SZA, has sold out within hours of kicking off.
Nifty News: Amex and SZA sell-out debut drop, Asics launches tokenized footwear, Space Jam gets looney for NFTs
Brian Quarmby
2021-07-13T07:05:02+01:00
1847
News
A massive diamond just sold on Sotheby’s for a whole lot of crypto.
Winner spends a fortune in crypto on Sotheby’s diamond auction
Benjamin Pirus
2021-07-12T22:14:33+01:00
4058
Opinion
Alternative accelerator mechanisms will empower the next generation of entrepreneurs and their blockchain projects.
A multichain future will accelerate innovators and entrepreneurs
Harry Alford
2021-07-07T15:17:00+01:00
4170
Expert Take
Understanding the available data and current standings for the parachain auctions on Kusama.
How much intrigue is behind Kusama’s parachain auctions?
Alex Melikhov
2021-07-01T16:11:00+01:00
6380

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