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Here's your NFT and metaverse news for the week

Dmitri Cherniak's generative art NFT Ringers #879, a.k.a. The Goose, brought in $6.2 million. ....

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Sotheby's Second 3AC NFT Sale Nets $10.9M, With 'The Goose' Alone Netting $6.2M

On Thursday, Sotheby s concluded another sale of non-fungible token (NFT) artwork seized from bankrupt crypto hedge fund Three Arrows Capital (3AC. ....

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Sotheby's auction of NFTs seized from Three Arrows Capital nets $2.5 Million

Luxury auction house, Sotheby’s, successfully completed the sale of several rare non-fungible tokens (NFTs) on Friday. These particular NFTs were seized from the extensive collection of Three Arrows Capital (3AC), a cryptocurrency hedge fund that had declared bankruptcy. The auction proved to be highly lucrative, bringing in a noteworthy amount of $2,482,850. This successful sale signifies a notable milestone in the ongoing effort to recoup a portion of the funds that were lost. The NFTs that were up for auction belonged to the “Grails” collection, which had been a notable part of 3AC’s portfolio in 2021. Following 3AC’s declaration of bankruptcy in July, Teneo, the designated liquidator, unveiled an extensive inventory of these highly coveted digital assets, estimated to be worth millions. #AuctionUpdate: Impressive in its striking rhythm and movement, Tyler Hobb’s ‘Fidenza #725’ has just sold for $1,016,000, almost 5 times the high estimate. #Sothe ....

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