According to Foresight News, decentralized auction platform Bounce Brand tweeted that its prediction market product Bounce Predict has launched a prediction market for Sotheby's jewelry auctions. The announcement was made through Bounce Brand's official X account. Additional details about the new market have not been disclosed. The tweet was published on August 6, 2026.
A black Tom Ford leather jacket worn and signed by Nvidia CEO Jensen Huang sold for $960,000 at a Sotheby’s charity auction, far above its pre-sale estimate of $40,000 to $60,000. The final price was 16 times the top end of that range. According to the event details, Huang had previously worn the jacket at Hon Hai Tech Day in 2023. An authentication firm verified the item’s origin through on-site photos, and the signature inside the jacket also received professional authentication. The auction was organized by Long Journey Ventures, with proceeds set to go to the nonprofit Edge Institute. The funds will be used to support young entrepreneurs and researchers. The sale drew attention because of both the price gap versus the estimate and the direct link between the item and Huang’s public appearance in 2023.
Sotheby's announces its first NFT auction in collaboration with anonymous digital artist Pak, aiming to bridge traditional fine art and blockchain-based digital art. Pak has generated over $350 million in NFT sales, and Sotheby's plans to accept cryptocurrency for payments.
