Bids on WikiLeaks’ Assange fundraising NFT surpass US$50m | Malay Mail

LONDON, Feb 9 — An online auction of digital art to raise money towards WikiLeaks founder Julian Assange’s legal defence saw bids reach more than US$50 million today.

Assange collaborated with a crypto artist known as Pak to sell a collection of NFTs called Censored in an online auction from February 7-9 to help raise funds to support his case. Bids on the Clock NFT were at 16,593 ether, which is worth just under US$52 million, as of 1115 GMT on Wednesday. The AssangeDAO raised 17,422 of the cryptocurrency ether — around US$54.6 million — since February 2, according to the crowdfunding website Juicebox. More than 10,000 people contributed to the fundraise.

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How wash trading is being used to artificially inflate NFT prices | Malay MailNEW YORK, Feb 9 — NFT technology continues to make headlines by enabling the monetisation of original digital creations. However, a new report reveals that the crypto-art craze is not always a natural phenomenon. Some internet users are inflating prices by buying and selling their own... Good luck to those who is pursuing it.
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