On Thursday, Christie’s record-shattering $69.4 million NFT sale sent the art world ablaze. Never before had anyone paid so much for digital art. But regular investors should also notice one other thing: the buyer paid entirely in ETH for the Ethereum (CCC:ETH-USD) based ownership token. A stack of ether or […]
Mania
Just three years ago, Ethereum’s (CCC:ETH-USD) first NFT craze hit the market. Collectible online cats – known as CryptoKitties – were adorable and personalizable. But unfortunately for early investors, the digital equivalent of beanie babies performed precisely like their real-world counterparts. It wasn’t long after the most expensive kitty sold […]
If you’ve felt a recent urge to unleash your inner Viking, you’re not alone: millions of people have been riding the waves, swigging mead and slaying the enemy in a craze for the video game “Valheim”. Designed by a tiny Swedish games studio, “Valheim” has proved an unexpected smash-hit, selling […]
When internet-culture reporter Taylor Lorenz writes a story about a short squeeze that appears above the fold on the front page of The New York Times, it’s time to pause and ask: Just what the hell is going on here? How did a tale about GameStop, a struggling retailer of […]