SGFARA

Blockchain Billionaire Justin Sun Allegedly Squashed an Article Critical of His Banana-Eating Stunt

Chinese-born crypto founder Justin Sun seems to be enjoying the publicity that comes with buying a $6.2 million banana. AFP via Getty Images Blockchain billionaire and art collector Justin Sun made global headlines in November after shelling out $6.2 million at Sotheby’s for Maurizio Cattelan’s Comedian (2019), his infamous banana duct-taped to a wall. Sun …

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Archaeologists Unearth Tomb of Pharaoh’s Doctor and ‘Magician’

The elaborately decorated ancient Egyptian tomb dates to the sixth dynasty. Courtesy of The Egyptian Ministry of Tourism and Antiquities The Egyptian Ministry of Tourism and Antiquities has announced the discovery of an “engraved and beautifully painted” tomb of a royal doctor from the Sixth Dynasty by a French-Swiss joint archaeological mission. The discovery was …

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Former Art Basel Director to Teach Course on ‘Understanding Today’s Art World’

Marc Spiegler. Photo Arturo Holmes/Getty Images Since the early 2000s, there has been a significant growth in education around the art world, and specifically in the art market, with courses at universities and programs at Sotheby’s and Christie’s. Marc Spiegler, the former director of Art Basel, the world’s most important fair for modern and contemporary …

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LA Artist Homes and Cultural Landmarks Burned, Warhol Museum Names New Director, and more: Morning Links for January 9, 2025

Fires in California are being fanned by strong winds. Getty Images To receive Morning Links in your inbox every weekday, sign up for our Breakfast with ARTnews newsletter. The Headlines LA ARTIST HOMES AND CULTURAL LANDMARKS BURNED. The spreading fires in Los Angeles continue to wreak havoc, including ravaging artists and cultural centers. Karen K. Ho has written about museum …

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Berlin Moves Forward With €130 M. Cuts to Arts and Culture

View of the Rieckhallen extension of Berlin’s Hamburger Bahnhof Museum of Contemporary Art taken. Photo John MacDougall/AFP via Getty Images Berlin’s government has pushed through a €130 million cut—12% of its culture budget—despite weeks of protests and warnings from the arts sector. The reduction, part of the city’s 2025 spending plan, has prompted widespread concerns …

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The Most Valuable Artworks Sold At Auction in 2024 Is a Stark Drop From Recent Years

Rene Magritte’s L’empire des lumières (1954). Christie’s Images Limited, 2024 In 2024, the art auction market showed signs of recovery but fell well short of the highs reached in 2022, or even the lower totals from last year. The cumulative value of the top ten auction lots sold in 2024 was $512.6 million. That was …

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DIC Corporation Decides to ‘Downsize and Relocate’ Japan’s DIC Museum, Which Has Works by Rothko, Picasso, and Rembrandt

The Kawamura Memorial DIC Museum of Art. LightRocket via Getty Images Japanese chemical company DIC Corporation announced in a press release Saturday that its board of directors had decided to “downsize and relocate” the Kawamura Memorial DIC Museum of Art, an institution in the city of Sakura, 25 miles northeast of Tokyo, that it owns. …

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