London Digital Art Week, Art Basel, Martin Shkreli gossip and more #rumors

Every week, crypto.news brings you #hashtag rumors, a gossip column with scoops and stories that shape the world of cryptocurrencies. If you have any advice, hot gossip, parties, especially events with free champagne, write to Dorian Batycka at (email protected)

Dear rumor readers,

It's been an intense week, having spent most of it sad and depressed in London, which is a special kind of hell when the weather is shit, you're feeling bored and you're not in the mood. Anyway, I have a lot of personal news to report as I will be returning to Warsaw next week, so crypto Polskis, please get in touch!

But alas, let's move on to the gossip…

Is Martin Shkreli Found another token?

“I have been working non-stop, with my 10 co-workers, painstakingly building a startup. “We are starting to get it right, we have product traction from big investors, we do some work on ai, and we do a lot of work with GPUs,” Shkreli wrote about the project recently.

The warning? Shkreli was complaining that a fellow inmate he met while in prison dumped five million project tokens that Shkreli donated to him before launch, boosting the project on private Discord channels while also dumping his own tokens. Being rude to someone you met in prison. Damn, looks like 'pharmabro' can't catch a break.

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Speaking of toxic males, andres tate He recently took to x to praise bitcoin. Yes, it's true: the expert on how to be the most hated man in the world tweeted his support for bitcoin while he was under house arrest in Romania. Your reasoning for it? It's against tyranny! Or, if applicable, probable tax evasion.

Digital Art Week London Week was a huge success last week, proving that nfts are far from dead. They're simply on screens like Ventana LED, the incredibly thin digital projectiles I found at the Ideaworks Experience, where a champagne cocktail party celebrating the work of digital artists Yuma Yanagisawa and Ryan Koopmans was held in Mayfair. Koopmans is an OG in the digital art photography space, known for his depictions of post-Soviet ruins in places like Georgia and Armenia; The landscapes of him often draw on the tensions between death and rebirth, life and its tenuous and omnipresent end.

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Old communist detritus aside, Yuga Labs announced another round of layoffs as the appetite for PFPs (nfts with profile picture) appears to have waned. “Simply put: Yuga lost its way,” Yuga Labs CEO wrote on Alas, it seems that PFPs are, well, a little outdated?

Things to look forward to: Digital Art Mile at the Art Basel fair from June 10 to 16. The event will mark the first digital-focused subsection of Switzerland's mammoth Art Basel fair, taking place in Basel's Rebgasse district, just a stone's throw from the main fair. The new Digital Art Mile is spearheaded by web3-native collectors and curators George Bak and Roger Haas, and will include work from Basel veterans Tezos, as well as other web3-focused crypto art galleries and initiatives.

All the more so since the recent opening of the Venice Biennale in April seems to have relied too heavily on digital offerings, save for Sam Spratt's melancholy presentation of the Monument Game, organized and curated by 1 OF 1 (on view until June 23, 2024). Spratt's new organic hallucination in Venice comes complete with original paintings and a game, a sign that digital art (and its discontent with video games and world-building) can be seen as a genuine shift within the largely binary ethos (i.e., hand-coded) from Digital Art History. Interesting news everywhere.

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Speaking of the Venice Biennale, which I sadly missed due to token2049 in Dubai, Autism Capital has nailed my classic style at most, if not all, art/crypto events.

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Jokes aside, nfts appear to be far from dead. They are just layers of dust and speculative agreements of time and work. A rare pepe and a rare work of art, a sign of digital care: a marker indicating that this was important, a rubber stamp for the generation of Internet users.

That's all for this week, friends: stay thirsty and don't forget to touch the grass

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