Three Arrows Capital's NFT Collection Set for Sotheby's Auction in Attempt to Repay Creditors
Source: Adobe/Proxima Studio
Sotheby's is preparing to host an auction for a collection of non-fungible tokens (NFTs) seized from now-defunct crypto hedge fund Three Arrows Capital.
In a Wednesday press release, Sotheby's revealed that it would auction the Grails collection, which is comprised of digital artwork that belongs to 3AC and its Starry Night Capital NFT-collecting fund, in a bid to recoup a portion of the $3 billion the collapsed crypto fund owes to creditors.
MicroStrategy’s Saylor fuses work email address with Bitcoin Lightning
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The Bitcoin (BTC) Lightning Network has integrated into the corporate email address of Michael Saylor, a Bitcoin bull and co-founder of business intelligence software firm MicroStrategy.
In an April 17 tweet, the former chief executive of the firm shared a screenshot with his 3 million Twitter followers of a few transactions sent to “saylorhttp://localhost:3000/u/microstrategy.com” from others in the form of Satoshis or “Sats” — the smallest denomination of Bitcoin.
Have a wonderful week ahead, and remember to be the best version of you. Be nice and kind to everyone you meet for it is said in doing so lots of folks have entertained Angels without knowing.
🦊MetaMask added a "Bridge" button to the main menu.
The tool allows users to transfer funds to different networks and choose the best transaction value.
MetaMask supports Arbitrum, Polygon, Optimism, Avalanche, BSC and Ethereum.
🔶Bitfinex CTO Paolo Ardoino: “We are fully committed to helping El Salvador harness the full potential of bitcoin.”
⏳ The market is waiting for today's publication of data on the consumer price index in the US.
🐶Partial launch of SHIB: The Metaverse is scheduled for the end of the year.
🔶On April 18, BinanceUS will delist Spell (SPELL) and TRON (TRX) cryptocurrencies. TRON (TRX) staking will also be disabled. Earlier, the US SEC filed a lawsuit against the founder of the TRON cryptocurrency, Justin Sun.
🏓Yesterday, Coinbase added the Dimo (DIMO) cryptocurrency to its roadmap. The price of DIMO increased by 52%.
🔸U.S. Treasury Secretary Janet Yellen said the US economy is better off than six months ago, and she doesn't think banking problems have limited credit availability:
“Obviously, the US economy is doing exceptionally well: job creation continues to be strong, inflation is gradually declining, and consumer spending is rising. Therefore, I do not expect a recession in the economy, although, of course, such a risk remains.