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Artist Michelangelo Pistoletto sends message of 'preventive peace' on digital billboards around the world

Italian Arte Povera pioneer Michelangelo Pistoletto has launched a global public art project titled "Three Mirrors," broadcasting digital works across major cities including London, Los Angeles, Seoul, and Milan. Organized by the digital art platform Circa, the series features three filmed performances of the artist drawing on mirrors, illustrating his "Third Paradise" philosophy. The works appear daily at 20:26 local time on prominent advertising screens, transforming commercial spaces into sites for artistic reflection.

Investor Says Artnet Layoffs Were Necessary for ‘Financial Strength’

Investor and owner Andrew E. Wolff has publicly explained the recent layoffs at Artnet and Artsy as a necessary step for the companies' financial restructuring and future growth. He framed the cuts as part of a broader consolidation strategy, merging the US businesses and organizational structures of the two digital art platforms while keeping their brands separate.

nifty gateway nft platform shutters 1234771081

Nifty Gateway, one of the earliest and most prominent NFT marketplaces, announced it will shut down on February 23, 2026, citing sharply declining activity. The platform, founded in 2018 by twins Duncan and Griffin Cock Foster and acquired by Gemini in 2019, has entered withdrawal-only mode, advising users to move their assets before the deadline. At its peak in 2021, Nifty Gateway reported $300 million in gross merchandise value, boosted by a Sotheby's partnership for a $17 million NFT drop by the artist Pak. The closure follows the collapse of the NFT boom, with trading volumes plummeting and other platforms like Async Art, KnownOrigin, and MakersPlace already shuttered.