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Su Zhu and Kyle Davies originally purchased ‘The Goose’ digital artwork in August 2021 for roughly $5.8 million in Ether. Sotheby’s auction house has sold a piece of digital artwork from the collection of collapsed crypto hedge fund Three Arrows Capital (3AC) for more than $6 million. According to auction records updated June 15, Dmitri Cherniak’s artwork ‘The Goose’ sold for roughly $5.4 million in addition to Sotheby’s premium fees, totaling just over $6.2 million. The nonfungible token (NFT) artwork was part of 3AC’s digital portfolio assembled in 2021. Su Zhu and Kyle Davies, 3AC's co-founders,  purchased ‘The Goose’ in August 2021 for 1,800 Ether (ETH), roughly $5.8 million at the time. Thesis: we like the Goose. pic.twitter.com/RBI9Axuvac — 朱溯 (@zhusu) August 27, 2021 Other pieces in the collection   auction ed by Sotheby’s included CryptoPunks #291, #6574 and #8950, as well as Autoglyph #218 from Larva Labs. Reports on social media suggested the Punks sold for betwee...

The Cointelegraph Historical collection reaches a new milestone in its development, with minted versions of articles becoming more scarce. Cointelegraph has announced a major change to its Historical digital collectibles project. Starting Feb. 13, the price of Cointelegraph articles minted as nonfungible tokens (NFTs) will increase from $20 to $100 and the maximum number of copies will decrease from 10 to three. The Historical collection is an archival project that allows readers to mint unique, one-of-a-kind NFTs of Cointelegraph articles, preserving them as historical records of the blockchain industry. Readers can mint stories they think will become valuable by clicking the “Collect” button in the article. CHECK OUT THE COINTELEGRAPH HISTORICAL COLLECTION The move is aimed at articulating the value of Cointelegraph’s articles and ensuring their scarcity. Each article represents a Historical record of the blockchain industry, documenting the most important events, trends and figures...