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Guarantees, withdrawals and billionaires bidding at their own auction houses.

Money laundering is the process of disguising the proceeds of illegal activity as legitimate funds. The art market, like many other...

Non-Fungible Tokens, or NFTs, are a type of digital asset that represent ownership of a unique item or piece of content, such as a digital artwork or collectible. Unlike traditional digital assets, such as a JPEG image, an NFT is verified on a blockchain, which is a digital ledger that is decentralized and distributed across a network of computers. One of the main advantages of NFTs is that they provide a way for creators of digital art and other forms of digital content to s

A blow by blow record of global art auctions 2012 - 2022 Art auctions have been a significant part of the art market for centuries,...

The art world has always been one of the earliest adopters of new technologies, and the rise of the metaverse is no exception. For those unfamiliar with the term, the metaverse is a collective virtual shared space, created by the convergence of virtually enhanced physical reality and physically persistent virtual space, including the sum of all virtual worlds, augmented realities, and the internet. The traditional art market, which includes galleries, auctions, and art fairs,