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Cryptocurrency News Articles
British Museum Puts Dürer's Rhinoceros Sculpture on Bitcoin Blockchain
May 15, 2025 at 11:09 am
According to Decrypt, the British Museum has collaborated with Asprey Studio to reinterpret the famous work "Rhinoceros" by German Renaissance artist Albrecht Dürer in 1515
British Museum Puts Dürer’s Rhinoceros Sculpture on Bitcoin Blockchain
The British Museum has partnered with Asprey Studio to reinterpret a famous work by German Renaissance artist Albrecht Dürer in a new project that will put a piece of art on the Bitcoin blockchain.
According to Decrypt, the museum and the luxury British artisans have collaborated to create 11 sterling silver sculptures of Dürer’s "Rhinoceros," originally a woodcut print completed in 1515. Each sculpture will be sold with a digital inscription on the Bitcoin blockchain, using inscription technology to ensure the traceability of the source of the work.
"Buyers will receive a digital inscription certificate, and the sterling silver sculpture will take several months to be made to order, with only a few craftsmen in the UK capable of completing the process," said Ali Walker, chief creative officer of Asprey Studio.
The 40-centimeter-high solid silver sculpture will be a complex production, requiring the digital model to be divided into sections and then welded together.
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Coinbase Agrees to Pay $2 Million to End Dogecoin Lawsuit
Cryptocurrency exchange Coinbase and marketing company Marden-Kane will pay $2.25 million in settlement to resolve a class action lawsuit that has spanned several years. The lawsuit, which began in June 2021, accused Coinbase of false advertising for not disclosing that users could participate for free in a Dogecoin trading sweepstakes.
According to the settlement agreement, which still requires court approval, American users who traded at least $100 in Dogecoin during the event will receive compensation for the fees and spreads generated by their first transaction. The complaint, which was filed in a U.S. federal court, also criticizes Coinbase for not disclosing the minimum participation amount for the event.
Data from Chainalysis shows that Coinbase earned approximately $1.3 million in fees from related transactions during the event. The lawsuit arose after plaintiff David Suski claimed that he did not discover the free participation clause of the event, leading him to trade through Coinbase despite already holding Dogecoin.
Last year, the U.S. Supreme Court rejected Coinbase's request for compulsory arbitration. The case will proceed to settlement approval by the court.
Cardano founder reveals details of privacy sidechain Midnight’s ‘Glacier Drop’ airdrop plan
Cardano founder Charles Hoskinson has revealed more details of the "Glacier Drop" airdrop plan for the privacy sidechain Midnight at the Consensus 2025 conference in Toronto, Canada.
According to CoinDesk, the plan will distribute governance tokens NIGHT and privacy tokens DUST to 37 million users of 8 mainstream public chains, explicitly excluding venture capital institutions, with all tokens going directly to ordinary users.
The selected chains are Bitcoin, Ethereum, BNB Chain, Solana, Optimism, Starknet, Polygon and NEAR, and the total number of users on these chains is estimated at 37 million, according to data from Chain Ventures. The initiative aims to create a unified crypto community by merging users from different chains.
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- Suspected Car-Snatcher Confesses to Earning ₦90,000 From Each Operation
- May 15, 2025 at 08:40 pm
- By Izunna Okafor, Awka
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- CoinMarketCap Launches a New Launchpad to Help Pre-TGE Crypto Projects Reach 50M Users
- May 15, 2025 at 08:35 pm
- output:input: CoinMarketCap has officially unveiled a new launchpad for pre-TGE crypto projects with a 50 million user reach. Its first featured project on the platform is YZi Labs-backed Aster DEX.
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- Prominent short-seller Jim Chanos, once a vocal critic of Bitcoin and cryptocurrencies, has revealed a new trading play that involves shorting shares of Strategy (formerly MicroStrategy) and buying Bitcoin.
- May 15, 2025 at 08:25 pm
- Prominent short-seller Jim Chanos, once a vocal critic of Bitcoin and cryptocurrencies, has revealed a new trading play that involves shorting shares of Strategy (formerly MicroStrategy) and buying Bitcoin.