The expensive auction on OpenSea is a continuation of a pattern whereby celebrity estates are creating blockchain-based posthumous collectibles.
The company said that NFT collections and limited-edition projects from certain artists can be released on their own drop pages.
Lachlan Feeney, the CEO of Labrys, is trying to get validators who use Flashbots' software to understand that they may be contributing to censorship on the Ethereum network.
President Joe Biden on Wednesday signed an executive order directing agencies across the federal government to coordinate efforts to regulate cryptocurrencies and other digital assets. About 16% of American adults have invested in, traded or used crypto, the administration said.
The move, according to the Biden administration, is a response to the “explosive growth” in digital assets, the increasing number of countries exploring central bank digital currencies and a desire to maintain American technological leadership.
"Joe Biden just gave crypto companies the green light to exist," David Wachsman, the CEO of Wachsman PR in New York, told CBS News Streaming. "What they have to do now is behave responsibly."
The US government has addressed cryptocurrency in the past, but now it's taking a more comprehensive look. President Biden has signed an executive order detailing the country's first "whole-of-government" strategy for exploring cryptocurrency and other digital assets.
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