Sotheby's last week auctioned off the first fine art NFT ever created, a landmark moment in the transformation of art from the physical to the digital. The winning bid was $1.4 million.
Axios Re:Cap goes deeper, to understand how the fine art and cryptocurrency worlds are colliding, including a conversation with Kevin McCoy, the artist whose work was just auctioned off.
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The pathway for transforming global energy systems to reach net-zero emissions by 2050 is "narrow but still achievable" and demands unprecedented acceleration away from fossil fuels, an International Energy Agency report published Tuesday concludes.
Why it matters: It provides detailed analysis and estimates of what's needed for a good shot at limiting temperature rise to 1.5°C above preindustrial levels — the Paris Agreement benchmark for avoiding some of the most damaging effects of climate change.
Former President Donald Trump, who has complained about censorship by social media giants, plans to announce class action lawsuits today against Facebook CEO Mark Zuckerberg and Twitter CEO Jack Dorsey, sources tell Axios.
Why it matters: It's the latest escalation in Trump's years-long battle with Twitter and Facebook over free speech and censorship. Trump is completely banned from Twitter and is banned from Facebook for another two years.
Demand for labor seems to be getting stronger, and workers are taking advantage by quitting.
Why it matters: Businesses are scrambling to fill job openings as they try to catch up with booming demand.
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