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LGND Curates Major NFT Art Gallery at ComplexCon – Press release Bitcoin News – Bitcoin News

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PRESS RELEASE. Austin, Texas LGND Art Inc. announces its foremost curatorial effort to date, a major NFT art show in the form of a gallery to appear exclusively at ComplexCon 2021. Sponsored by Coinbase, the exhibition will include global artists in a unique group that includes Mad Dog Jones, James Jean, Joshua Davis, Matt Gondek, Fvckrender, Michael Kozlowski, Victor Mosquera, Blake Kathryn, D*Face and Micah Johnson. LGND Art will host the auctions and edition offerings from Nov. 6-12.
Aiming to harness the overlapping communities of art, fashion and music, LGND Art will provide a free NFT by Michael Kozlowski to all attendees of ComplexCon. This introduction to NFTs to a wider audience will facilitate an expansion to an eager crowd of culture enthusiasts.
Created by artists for artists, LGND Art empowers its collective of world-renowned artists to integrate their works into the crypto ecosystem on their own terms, reach a larger audience, and secure their digital legacy through blockchain technology.
“LGND believes in empowering artists and the future of art,” says Ty Carter, Head of Creative at LGND Art. “Art is the great communicator that connects us all. The NFT medium continues to evolve into new forms pushing new technology, transforming the way we interact between the analog and virtual. LGND is proud to curate this immersive gallery and work with this historic group of artists.”
“I believe we have arrived at a revolutionary moment in the evolution of art in our culture. Working to curate a show with extremely vital artists in this show for ComplexCon is a brilliant opportunity to further kindle a dynamic community at the crossroads of art and technology,” said Ronnie K. Pirovino, Chief Curator at LGND Art.
 
ABOUT LGND Art
LGND is a highly curated NFT digital arts platform built by artists, for artists. LGND enables artists to integrate their work into the NFT market on their own terms, reach a global audience, and secure their digital legacy through blockchain technologies. LGND fosters dynamic interaction and exchange between high-end collectors and world-class artists.
 
Media Inquiries: Hijinx PR | Heidi Johnson | heidi@hijinxarts.com | 323.204.7246
 
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Elon Musk’s Warning About Government Spending and Unrealized Gains Tax Proposal Highlights Benefits of Bitcoin
A warning by Tesla and Spacex CEO Elon Musk about the mounting national debt in the U.S., government spending, and the proposal to tax unrealized capital gains has highlighted the benefits of cryptocurrencies, particularly bitcoin. Elon Musk Says ‘Spending Is … read more.
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Elon Musk’s Warning About Government Spending and Unrealized Gains Tax Proposal Highlights Benefits of Bitcoin
A warning by Tesla and Spacex CEO Elon Musk about the mounting national debt in the U.S., government spending, and the proposal to tax unrealized capital gains has highlighted the benefits of cryptocurrencies, particularly bitcoin. Elon Musk Says ‘Spending Is … read more.
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FASB Excludes NFTs, Some Stablecoins From Crypto Accounting Project – The Wall Street Journal

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Michael Saylor can't stop: MicroStrategy now holds 130,000 Bitcoin – Cointelegraph

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MicroStrategy bought an additional 301 BTC for $6 million at an average price of $19,851, the company’s executive chairman announced on Twitter.
MicroStrategy now owns 0.62% of all the Bitcoin (BTC) that will ever be mined. The company’s executive chairman, Michael Saylor, announced that the company bought another 301 BTC for roughly $6 million at an average price of $19,851 per BTC. 
In sum, the company is one of the planet’s largest holders of the asset, owning 130,000 BTC. Apparently, Saylor likes round numbers, buying 301 BTC to reach the 130,000 milestone. 
MicroStrategy has purchased an additional 301 bitcoins for ~$6.0 million at an average price of ~$19,851 per #bitcoin. As of 9/19/22 @MicroStrategy holds ~130,000 bitcoins acquired for ~$3.98 billion at an average price of ~$30,639 per bitcoin.https://t.co/5kYW98ij4I
Due to plunging price action, the company’s investment is down substantially in U.S. dollar terms. MicroStrategy’s entry price is roughly $30,639 per BTC, and the Securities and Exchange Commission filing states that the firm has bought 130,000 BTC at an aggregate purchase price of approximately $3.98 billion.
If MicroStrategy started stacking sats (buying Bitcoin) at today’s prices, it would have spent $2.48 billion on 130,000 BTC. Saylor is currently at a paper loss of over a billion dollars.
According to the SEC filing, the company made the purchase with “excess cash.” Saylor recently stepped down as CEO of the company to focus on buying more Bitcoin, while Washington, DC has taken aim at the billionaire in a tax evasion lawsuit.
Bitcoin enthusiasts were quick to commend Saylor’s buy. Referred to as the “Chad” or “Gigachad,” Saylor’s conviction and commitment to buying Bitcoin despite the investment being underwater has garnered both a devout following and numerous critics.
Related: Bitcoin better than physical property for regular folks, says Michael Saylor
Other large wallet addresses include that of crypto exchange Bitfinex, which holds 170,000 BTC, and a Binance reserve wallet that holds 125,000 BTC. Binance is the world’s largest crypto exchange and has several wallets holding six figures of Bitcoin. Regarding individuals, Saylor has stated that he holds Bitcoin, and FTX CEO Sam Bankman-Fried and Binance CEO Changpeng Zhao are also “hodlers” — a meme that became popular jargon for holding crypto.

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NFT Collections Will Be Regulated Like Cryptocurrencies Under EU’s MiCA Law, Official Says – CoinDesk

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