Business

From crypto to COVID: Why auction prices are rocketing

From Albert Einstein's notes to a record-breaking Frida Kahlo to a 6.6-million-euro triceratops—auction houses have lately seen a string of record-breaking items going under the hammer and through the roof.

Business

Europe bids to join NFT art auction craze

Europe has joined the craze for NFTs, virtual art pieces inspired by cryptocurrencies that turn the impermanence of the internet into a prized collector's item to be bought and sold like a Rembrandt.

Business

Nike sues shopping platform StockX over sneaker NFTs

Athletics giant Nike filed a lawsuit in New York on Thursday against shopping platform StockX for creating and marketing NFTs—the tamper-proof digital property certificates—based on the brand's products without permission.