For the first time ever, Ethereum was listed as a payment option on Sotheby’s price table during the auction of two Banksy paintings.While the auction house has been accepting cryptocurrency payments since May this year, this was the first time ETH has both been listed as a first-class currency and used as payment.Banksy’s legendary pieces put Ethereum on the map on … [Read more...] about Ethereum becomes a ‘first-class currency’ on Sotheby’s for Banksy auction
Banksy
Banksy Paintings Sell For 3,093 ETH in Auction House First
As CoinDesk previously reported, the sale is the first time the auction house has denominated a sale in cryptocurrency. The pieces, “Trolley Hunters” and “Love Is In The Air” (2006) were estimated to sell for $5-7 million and $4-6 million respectively, and both largely met expectations with sales worth $6,698,400 and $8,077,200 – a combined 3,093 ETH. Source link … [Read more...] about Banksy Paintings Sell For 3,093 ETH in Auction House First
Sotheby’s will take ETH bids in real time for Banksy auction
Prestigious auction house Sotheby’s has announced it will accept Ethereum (ETH) bids in real time for its Nov. 18 auction that includes works by famed street artist Banksy.Sotheby’s claims this will be the first time an auction house has accepted crypto in real time as a standard currency for payment in an auction on a physical work of art. The auction, titled ‘The Now Evening … [Read more...] about Sotheby’s will take ETH bids in real time for Banksy auction
Sotheby’s to Allow Live Bidding in Ether for Works by Banksy
Sotheby’s, the 277-year-old British auction house, will allow live bidding in ether cryptocurrency in an upcoming virtual exhibition on Nov. 18 to be held at its “headquarters” in Decentraland.Sotheby’s auctioneer Oliver Barker will be fielding real-time bids from its New York saleroom for street artist Banksy’s “Trolley Hunters” and “Love Is In The Air” (2006).Sotheby’s has … [Read more...] about Sotheby’s to Allow Live Bidding in Ether for Works by Banksy
Sotheby’s crypto-powered auction sells Banksy art for $13M
Major auction house Sotheby’s has completed its cryptocurrency-enabled auction offering Banksy’s iconic protest artwork “Love is in the Air.”According to the auction results, Sotheby’s sold the physical artwork on Wednesday for $12.9 million, significantly up from from originally estimated of $3 million to $5 million. The physical artwork was offered at a Contemporary Art … [Read more...] about Sotheby’s crypto-powered auction sells Banksy art for $13M