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Apple Acquires Rights to Sam Bankman-Fried Book for $5M
Apple has reportedly acquired the rights to a book that tells the story of the disgraced FTX founder, Sam Bankman-Fried (SBF), according to an initial report from The Ankler. The upcoming book, “Going Infinite: The Rise and Fall of a New Tycoon,” will be authored by Big Short author Michael Lewis in a literary rights…
Christie’s Is Going On-Chain With a New NFT Marketplace
The Alpha: Following the hosting of several successful high-ticket NFT auctions, esteemed auction house Christie’s just announced in a press release shared with nft now the launch of Christie’s 3.0.This new platform will enable the legacy auction house to conduct fully on-chain NFT sales — ensuring that “all transactions — including post-sale processing — will…
SEC Chair Warns of Heightened Financial Fragility from AI
In a recent address to the National Press Club in Washington, Gary Gensler, Chair of the U.S. Security and Exchange Commission (SEC), expressed concern over the potential economic instability that could arise from the monopolization of artificial intelligence development by major tech corporations, particularly for applications in financial markets. Gensler emphasized the potential for AI…
NFT Stocks: What to Know and Which Companies to Watch
The rise of NFTs has proved a boon for artists and creators worldwide. But they’ve also become incredibly alluring investment opportunities for those seeking quick — and sometimes sizeable — returns on their investments. But there’s a problem. Unless you have hundreds of thousands of dollars to throw at a Bored Ape, Cryptopunk, Moonbird, and…
Can Ripple Leverage the SEC Hinman Emails in Court?
The crypto industry in the U.S. is facing its greatest challenge in the history of its nascent existence. After steadily ramping up anti-crypto rhetoric and the enforcement of securities laws in recent years, the United States Securities and Exchange Commission (SEC), led by Chair Gary Gensler, filed civil lawsuits against the largest crypto exchanges in…
Upcoming Drops: August 14 – August 20
Let’s face it: The NFT space moves really fast. Considering how quickly things can change in the metaverse, a week in NFTs might as well be a month IRL. Don’t get us wrong — the merrier, the more people onboarded into the space. But because of the constant influx of great art and ideas, it’s…