Earlier this week the Winklevoss twins’ Winklevoss Capital invested in the auction start-up Paddle8. The investment on the part of the twins, famous for their claims regarding the development of Facebook and more recently their boosting of the cryptocurrency Bitcoin, means users may be able to buy art on the site using Bitcoin.Paddle8 CEO Aditya Julka told Fast Company that “the initial connection between the Winklevosses and his auction house [sic] was made through their mutual interest in Bitcoins.”The full article features many more quotes about the potential for buying art with Bitcoins, which, like art, also represent an unregulated market. Read more at Fast Company.
- Ann Freedman Settles With the De Soles in Knoedler Trial Over $8.3 M. Fake Rothko
- Rema Hort Mann Foundation Names 2016 Los Angeles Artist Grantees
- 'I Think That Discomfort Is a Really Positive Place for Us All to Be In': Keith J. Varadi on His New Show, Facebook, and Gambling
- Here Is the New Eckhaus Latta Video for the Hammer Museum 'Made in L.A.' Biennial
- Mexico City's Lulu Expands