Dev Lets Haters Reject Turns, Sotheby’s 2023 Digital Art Sales To Hit $35M: Nifty Newsletter
Read what's happening in 2023 with Cointelegraph's New Year Specials in this week's newsletter. See how Bitcoiners can run a script to reject Bitcoin Ordinals and how Sotheby's is set to sell around $35 million in digital art by 2023.
Sotheby's will sell digital art worth $35 million by 2023
Auction house Sotheby's vice president and head of digital art, Michael Buhana, described 2023 as one of the most exciting years for digital art. The auction house did “nearly $35 million” in digital art sales this year, the executive said.
Bouhanna said the company made the highest payment ever for a digital artwork, selling an NFT called “Ringers #879” created by artist Dmitry Chernyk for $6.2 million.
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Taproot Wizards launches a script so that enemies can now reject turns on Bitcoin
On December 26, a contributor to Taproot Wizards, an art collection inspired by Bitcoin Ordinals, created a way for Bitcoiners to reject ordinals. A fake developer going by “Rijndael” shared a script on X (Twitter) to make nodes reject any blocks that contain script.
The post attracted hate, with some calling the developer a “superiority complex.” The developer responded by telling the hater to run the script or they were a “virtue symbol” and had no intention of stopping scripts.
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NFT Summary 2023: What happened in the NFT space this year?
Although critics call NFTs dead, the trading volume of the space shows that the asset class is alive and kicking. With this in mind, Cointelegraph has republished the biggest topics in the NFT space in 2023.
From the creation of NFTs on the Bitcoin network to claims for the first unregistered securities on NFTs in the US, Cointelegraph takes a look back at what happened in the space in 2023.
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Check out the Cointelgraphs NFT SteEZ podcast
Thanks for reading this roundup of the week's most notable developments in the NFT space. Come back next Wednesday for more reports and insights into this actively growing space.
