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What is auction? auction news, auction meaning, auction definition - Blockchain.News
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Christie’s Auction House Sells NFT Crypto Art ‘Block 21’ for Over $130K

Christie’s Auction House Sells NFT Crypto Art ‘Block 21’ for Over $130K

One of the most prestigious auction houses in the world, Christie’s has sold a digital portrait of the Bitcoin (BTC) code “Block 21” for over $130,000.

Beeple NFT Sells at Auction for $69.3M, The Biggest NFT Sale to Date

Beeple NFT Sells at Auction for $69.3M, The Biggest NFT Sale to Date

The world's most valuation NFT by Beeple has been auctioned at Christie's for an approximate sum of $69.3 million

Binance Adds New Loanable Assets: AUCTION, GMX, and LQTY

Binance Adds New Loanable Assets: AUCTION, GMX, and LQTY

Binance introduces Auction, GMX, and Liquity as new loanable assets on its flexible rate loans.

Binance Auctions Rare Portugal NFT with Cristiano Ronaldo Meet-and-Greet

Binance Auctions Rare Portugal NFT with Cristiano Ronaldo Meet-and-Greet

Binance announces auction of rare Portugal NFT featuring an opportunity to meet Cristiano Ronaldo.

Innovative Approach to Blockspace Auctions Explored by a16z Crypto

Innovative Approach to Blockspace Auctions Explored by a16z Crypto

Quintus Kilbourn of Flashbots presents new research on blockspace auction refunds, aiming to enhance efficiency and participation in the blockchain ecosystem.

Top Three Altcoins to Watch This Week: DOT, AVAX, and MANA

Top Three Altcoins to Watch This Week: DOT, AVAX, and MANA

With a mildly volatile weekend done with, investors are looking forward to another new week in hopes of charting a positive trade history across all markets. Here are three altcoins to watch ahead of the new week.

NFT Firm Yuga Labs Faces Criticism Over Bitcoin Auction Plan

NFT Firm Yuga Labs Faces Criticism Over Bitcoin Auction Plan

Yuga Labs has come under fire from the cryptocurrency community for its plan to auction its new Bitcoin NFT collection. The company's plan requires participants to send their entire bid amount in Bitcoin to a unique BTC address controlled by Yuga, and winners would pay up the BTC they bid while Yuga said it would return BTC to those unsuccessful in placing a top bid. The manual refund process for unsuccessful bids and the potential for significant price discrepancies in the top 288 bids have led to criticism from some within the crypto community.

NBA Sacramento Kings Leverage Blockchain for Authentic In-Game Gear Purchases

NBA Sacramento Kings Leverage Blockchain for Authentic In-Game Gear Purchases

Sports teams continue to adopt and implement blockchain into their business models, helping fans and security.

Astar, Kabocha Lead in Polkadot and Kusama Auctions

Astar, Kabocha Lead in Polkadot and Kusama Auctions

Bill Laboon at Web3 Foundation highlights ongoing parachain lease auctions for Polkadot and Kusama networks, highlighting Astar's strong position and Kabocha's maintaining lead. He also discusses educational opportunities and grant programs.

World's 1st Fine-Dining NFT Concept Auction to Conduct in May

World's 1st Fine-Dining NFT Concept Auction to Conduct in May

Gourmeta, the world’s first fine-dining non-fungible token (NFT) concept, announced its NFT dining auction schedules.

Vodafone to Auction the World's First "Merry Christmas" SMS Message as NFT

Vodafone to Auction the World's First "Merry Christmas" SMS Message as NFT

Vodafone is making its entry into the NFT ecosystem by auctioning the world’s first Short Message Service (SMS), which reads “Merry Christmas.”

Polkadot's Parachain Auctions Filling up With Astar Network Winning Third Slot

Polkadot's Parachain Auctions Filling up With Astar Network Winning Third Slot

Astar Network has won the third parachain auction slot on the Polkadot Network.

Noah Davis Quits Christie's To Join Rival NFT Marketplace Yuga Labs

Noah Davis Quits Christie's To Join Rival NFT Marketplace Yuga Labs

Noah Davis has entered a new phase in his career. Yuga Labs has hired Davis from auction house Christie’s. Davis announced he is pleased to be joining Yuga Labs as sales project lead.

Sotheby's to Auction for Generative NFT Arts

Sotheby's to Auction for Generative NFT Arts

Legacy auction house Sotheby’s is set to auction only generative works of art spanning both old and contemporary pieces.

Acala Wins First Parachain Auction Slot on Polkadot

Acala Wins First Parachain Auction Slot on Polkadot

Acala Network, an Ethereum-compatible smart contract platform optimized for Decentralized Finance (DeFi) has won the first parachain auction on the Polkadot network.

ConstitutionDAO Fails to Win the U.S. Constitution Copy on Sotheby’s Auction, after Raising Crowdfund $47M

ConstitutionDAO Fails to Win the U.S. Constitution Copy on Sotheby’s Auction, after Raising Crowdfund $47M

Breaking: Decentralised autonomous organisation ConstitutionDAO lost ownership by failing to win the bid for the printed copy of the U.S. Constitution at a Sotheby’s public auction. The Lot finally sold for $43.2 million.

US Government at a Loss of $9.9 Billion Due to Auctioning of Bitcoin

US Government at a Loss of $9.9 Billion Due to Auctioning of Bitcoin

The US Government has forfeited as much as $9.9 billion in gains from its Bitcoin auctions.

New Art Landscape of NFT Shaping in Hong Kong

New Art Landscape of NFT Shaping in Hong Kong

【Feature】Although Hong Kong's art scene is already booming lucratively with galleries and auction houses showcasing world-class art pieces, the city is on its way to adding another milestone on its journey with non-fungible tokens (NFTs).

Bitcoin Core Developer Luke Dashjr Calls Out Misleading NFT Auction

Bitcoin Core Developer Luke Dashjr Calls Out Misleading NFT Auction

Bitcoin core developer Luke Dashjr called out an auction site for using his name and code without consent to create and sell a misleading NFT. The NFT, which featured a picture of code Dashjr wrote, was sold for 0.41 Bitcoin or roughly $9,500. Dashjr clarified that he was not involved in the creation or sale of the NFT and had not given consent for his name or code to be used.

Bankrupt Crypto Lender Voyager to Auction Off Assets

Bankrupt Crypto Lender Voyager to Auction Off Assets

Voyager has hinged its recovery on the assets sale. Its assets will be auctioned with a guided legal process.

Christie’s Auction House Goes On-Chain with a New NFT Marketplace

Christie’s Auction House Goes On-Chain with a New NFT Marketplace

The new platform is set to enable the legacy auction house to fully conduct on-chain NFT sales to ensure that all transactions — including post-sale processing — are automated and on-chain.

Telegram Employs Blockchain-Based Mechanism to Auction Usernames

Telegram Employs Blockchain-Based Mechanism to Auction Usernames

Telegram is set to use the Telegram Open Network protocol to auction inactive usernames

HackerOne User Finds Critical Bug in MakerDAO Upgrade

HackerOne User Finds Critical Bug in MakerDAO Upgrade

MakerDAO has fixed a critical bug that could have resulted in a complete loss of funds for all Dai users thanks to HackerOne user lucash-dev.

Warren Buffett: Cryptocurrencies Do Not Have Any Value And I Will Never Own Any

Warren Buffett: Cryptocurrencies Do Not Have Any Value And I Will Never Own Any

Business magnate, CEO and Chairman of Berkshire Hathaway, Warren Buffett on Monday, Feb. 24, confirmed his resentment for cryptocurrency.

Iranian Power Plants to Supply Surplus Power to Bitcoin and Crypto Mining Farms

Iranian Power Plants to Supply Surplus Power to Bitcoin and Crypto Mining Farms

Power plants in Iran are considering supplying surplus electricity to Bitcoin and cryptocurrency mining farms in the nation.

Bitcoin Bull Tim Draper Reveals Crypto Investment Secrets – Ripple, Bitcoin Cash, Tezos, and More

Bitcoin Bull Tim Draper Reveals Crypto Investment Secrets – Ripple, Bitcoin Cash, Tezos, and More

Renowned tech billionaire Tim Draper revealed that his crypto investment portfolio in 2020 was not only restricted to bitcoins but also contained a variety of altcoin assets.

Can MakerDAO Survive the Coronavirus Pandemic?

Can MakerDAO Survive the Coronavirus Pandemic?

The coronavirus pandemic and growing macroeconomic uncertainties have seriously dampened the cryptocurrency market, which Bitcoin once dipped below USD 4000. The “Red Sea” has expanded across the market of decentralized finance (DeFi), where the total value locked (USD) for DeFi market dropped from USD 649m to USD 246m.

Maker’s Dai Stablecoin Could Reach $2 Billion in Market Cap by the End of 2021—Here’s Why

Maker’s Dai Stablecoin Could Reach $2 Billion in Market Cap by the End of 2021—Here’s Why

Messari boldly suggests that after Dai’s market cap surged by 15x this year, due to DeFi, the stablecoin’s market cap could double by the end of next year

EIP 1559 — ETH 2.0 and the Scarcity of Ethereum

EIP 1559 — ETH 2.0 and the Scarcity of Ethereum

EIP-1559 has sparked wide discussion within the Ethereum community and could be one of the major reasons ETH is starting to gain traction as a hedge against inflation.

Polkadot (DOT) Continues on Bullish Momentum, Becoming the Sixth-Largest Crypto by Market Cap

Polkadot (DOT) Continues on Bullish Momentum, Becoming the Sixth-Largest Crypto by Market Cap

The Polkadot (DOT) token was invited to major exchanges earlier this week and has recorded an ROI of more than 80 percent in the past four days.

Libra Forms Governing Board Despite Shrinking Membership

Libra Forms Governing Board Despite Shrinking Membership

The Libra Association has reaffirmed its commitment in creating a payments-oriented stablecoin, holding its inaugural meeting yesterday in Geneva, Switzerland.

How Bitcoin Donations Supported the Noble Cause of Taming Australian Bushfires

How Bitcoin Donations Supported the Noble Cause of Taming Australian Bushfires

The harm caused by the Australian bushfires necessitated immediate response, and the Crypto Fire Alliance, a group of Australian and international blockchain and cryptocurrency businesses, stepped in to curb the situation through philanthropy.

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