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New DAO Forms to Buy Copy of US Constitution at Sotheby’s Auction

ConstitutionDAO, a new decentralized autonomous organization dedicated to preserving the U.S. Constitution, is planning to pool capital using an Ethereum smart contract to purchase a first-edition printed copy of the historic document. Sotheby’s is set to auction the copy on November 18 at 6:30pm EST. The copy up for auction is valued at $15 million …

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This Week in Coins: Bitcoin and Ethereum Set ATHs, Solana Briefly Flips Tether

This week in coins. Illustration by Mitchell Preffer for Decrypt. Bitcoin and Ethereum got off to a flying start on Monday when they both set all-time highs.  Bitcoin flew past the $67,600 threshold and continued to rally till Wednesday when it set an ATH of $68,789. Meanwhile, Ethereum crossed $4,800 on Monday and landed on …

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Timbaland Launches Production Company for Bored Ape NFT Owners

One day after major record label Universal Music Group announced plans to create a virtual metaverse band based on a group of characters from Bored Ape Yacht Club NFTs, another music industry heavy-hitter—producer Timbaland—has announced his own twist on the idea. Today, Timbaland announced the creation of Ape-In Productions, a new entertainment company and platform …

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Ethereum Name Service Market Cap Hits $1 Billion—Just Days After ENS Airdrop

Last September, Uniswap surprised its users with a very early Christmas present: at least 400 UNI, the new governance token of the Ethereum-based decentralized exchange. As those 400 tokens quickly became worth thousands of dollars, you could almost hear the collective smacking of thousands of heads, with everyone in crypto saying, «I should have been …

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