When the virtual auction bell rang at Christie’s on Thursday, Mike Winkelmann, a digital artist better known as Beeple, made history: he hadBut while the new cryptocurrency craze may have brought the high-end art market into the 21st century, it’s also modernising another aspect of the industry: art thieves.
Nothing new, it's been written about years ago
'Once an NFT is created, it can be digitally traced for ever.' That's inaccurate at best: Unless, of course, the underlying infrastructure goes down, eg. as without standard several platforms use closed-source smart contacts only they can verifiably display & trade.
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