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The Gray Market: How a Brazen Hack of That $69 Million Beeple Revealed the True Vulnerability of the NFT Market (and Other Insights) Our columnist explores whether a project called NFTheft undermines a core value proposition of non-fungible tokens. Beeple, Everydays – The First 5000 Days NFT, 21,069 pixels x 21,069 pixels (316,939,910 bytes). Image courtesy the artist and Christie s. Every Wednesday morning, Artnet News brings you This week, clawing down another art-tech rabbit hole…   MINT CONDITION In the opening days of April, an artist operating under the pseudonym Monsieur Personne (“Mr. Nobody”) tried to short-circuit the NFT hype machine by unleashing “sleepminting,” a process that complicates, if not corrodes, one of the value propositions underlying non-fungible tokens. His actions raise thorny questions about everything from coding, to copyright law, to consumer harm. Most importantly, though, they indicate that the market for crypto-collectibles may

New yorkUnited statesTimes squarePryor cashmanBeeple everydaysSteven schindlerFriso gentschElizabeth williamsUpton sinclarKevin mccoyRichard princeMegan nohMaurice leblancEvery wednesdayArtnet newsMonsieur personne