OpenSea
67% of New NFTs Minted Are Profitable: Nansen Data
According to Nansen data, 67% of new non-fungible token (NFT) mints in May are profitable. Separately, Dune Analytics notes a declining number of monthly active traders this year on Opensea, the largest NFT marketplace, amid increased weekly volume on Blur, an NFT platform geared towards professional traders. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Ex-OpenSea Exec Charged With Wire Fraud, Money Laundering in Insider Trading Case
Nate Chastain, the former head of product at non-fungible token (NFT) platform OpenSea, was convicted of money laundering and wire fraud in a federal court in New York on Wednesday, according to a report from Reuters. Chastain made approximately $50,000 by buying and trading NFTs with insider knowledge from his position at OpenSea. "The Hash" panel discusses the case.
OpenSea Exec on the Importance of Language in Web3
OpenSea Chief Business Officer Shiva Rajaraman discusses at Consensus 2023 why the most important thing is to be careful about in Web3 is the "sterilization of language."
Kraken Exec on Future of Crypto Staking
As crypto exchange Kraken comes under increased regulatory scrutiny from the SEC to pay a $30 million fine for not registering the offering and sale of its crypto asset staking-as-a-service program, Kraken Head of OTC Options Trading Juthica Chou discusses the outlook for staking and the state of U.S. crypto regulation at large. Plus, her take on Blur overtaking OpenSea amid a brewing NFT marketplace turf war.
NFT Marketplace Blur Co-Founder 'Pacman' Unveils Identity on Twitter
Pacman, one of the co-founders of rising non-fungible token (NFT) marketplace Blur, revealed his identity late Tuesday in a Twitter thread, sharing a photo of himself next to the Web3 avatar he uses for interviews. "The Hash" panel discusses the implications for the future of Blur amid a brewing turf war with OpenSea.
Arca Head Of Research On Blur's Rapid Rise
NFT marketplace OpenSea’s dominance in the NFT ecosystem faces a growing challenge from Blur’s rapid ascent. Earlier this week, Blur overtook OpenSea in daily Ethereum trading volume for the first time, according to data from Nansen. Arca Head of Research Katie Talati weighs in on Blur's rapid growth.
Bitcoin Retreats After Topping $25K Earlier
Arca Head of Research Katie Talati discusses her crypto markets analysis as bitcoin (BTC) retreats after trading above $25,000 earlier, its highest level since August. Plus, Talati's take on the NFT marketplace turf war heating up between OpenSea and Blur.
NFT Marketplace Turf War Heats Up: Blur vs. OpenSea
Zero-fee non-fungible token (NFT) marketplace Blur published a blog post on Wednesday explaining how creators can earn full royalties on its platform, suggesting they block sales on competitor OpenSea. "The Hash" panel discusses the intensifying battle between Blur and OpenSea, each vying for market share among NFT creators.
NFT Marketplace Blur Surpasses OpenSea in One-Day Trading Volume: Data
Data from DappRadar shows that non-fungible token (NFT) marketplace Blur's one-day trading volume has topped $80 million, surpassing competitor OpenSea. CoinDesk Executive Director of Global Content Emily Parker discusses the release of Blur’s highly anticipated token and differences in royalty payment options between its platform and OpenSea.
