ChainCatcher message, Musk responded on X to "a banana taped to a wall sold for $6.2 million" by stating: "Art is often used for money laundering and tax evasion. This largely explains the apparent absurdity."

ChainCatcher news, Sun Yuchen acquired Maurizio Cattelan's iconic work Comedian banana for $6.2 million.He stated: "This is not just a piece of art, but a cultural phenomenon that connects art, meme culture, and the cryptocurrency community. I believe this work will inspire more thoughts and discussions in the future and become a part of history. I am honored to be the proud owner of this banana and look forward to it bringing more inspiration and impact to art lovers around the world."

ChainCatcher news, according to Decrypt, the dynamic Bitcoin inscription artwork "Ascend" will participate in the live auction at Christie's London on October 10. This piece is the only digital artwork in the auction and is the first dynamic Bitcoin inscription artwork to be featured at Christie's.It is reported that the artwork depicts the beauty of decay of the Tskaltubo sanatorium in Georgia, which was a famous health resort during the Soviet era, built between 1952 and 1962, and has now become a ruin. The piece is inscribed on the Bitcoin blockchain using the Ordinals protocol, switching between day and night modes, reflecting the real-time of Georgia through a 30-minute transition process.

According to ChainCatcher news, French artist Bernar Venet is collaborating with Sotheby's to create his first generative digital artwork on the Ethereum blockchain. As the second version of the Gen Art project, his latest work or series EVENT is being exhibited in the Sotheby's Metaverse.

ChainCatcher news, Hong Kong art institution ULTILAND collaborates with designer toy artist Li Long to launch the Year of the Dragon limited edition NFT work "Dragon Boy." The "Dragon Boy" NFT will start minting on February 8, and a related red envelope event will begin on February 9. ULTILAND plans to hold a large-scale digital art event in collaboration with multiple institutions in Hong Kong in mid-2024.It is reported that Li Long is a designer toy designer and digital artist, graduated from the Central Academy of Fine Arts and Beijing Film Academy, dedicated to promoting the integration of trends and art.

ChainCatcher news, according to Cointelegraph, the 279-year-old auction house Sotheby's has sold nearly $35 million worth of digital art in 2023. Additionally, Sotheby's sold the NFT "Ringers #879" created by digital artist Dmitri Cherniak for $6.2 million this year, setting the highest fee ever for a digital artwork.Sotheby's Vice President and Head of Digital Art Michael Bouhanna stated that Sotheby's will focus next year on "supporting creators and enhancing their primary market strategies."

ChainCatcher news, Sotheby's digital art department announced its first auction of Bitcoin Ordinals artworks, featuring pieces from the anonymous artist Shroomtoshi's Bitcoin Ordinals project BitcoinShrooms. The auction will take place from December 6 to 13 local time, with three pieces available for bidding.It is reported that the series includes two mushroom individuals and a pixelated avocado seed, named BIP39------the common standard for the mnemonic code required to create seed phrases. These three pieces are expected to sell for around $20,000 to $30,000, although the auction house also accepts bids in cryptocurrency.

ChainCatcher news, the Web3 trend platform XCart.io held its first offline salon meeting on April 1 at the Shanghai K11 Meta Street Market flagship store, showcasing its inaugural BTC shoes. The exhibition covers a total area of 411 square meters, featuring artworks that can be touched in real-time.The XCart host stated that attendees can experience new digital artworks on-site while having close communication with many community partners. In the future, XCart will launch more offline salon activities. (source link)

According to Chain Catcher news and reported by Coindesk, the Museum of Modern Art (MoMA) in New York is considering using part of the proceeds from the auction of William S. Paley's art collection to purchase NFTs. Museum director Glenn Lowry stated that since the museum's visitor numbers significantly declined during the pandemic, its phased goal is to expand the museum's influence in the digital art field. The museum has a team closely monitoring the digital art market and is considering purchasing digital art related to NFTs. (Source link)