OpenSea
NFT & Web 3 Attorney on the First NFT Insider Trading Case
The U.S. Department of Justice charged former OpenSea staffer Nate Chastain for wire fraud and money laundering on allegations he misused confidential information to trade NFTs. NFT & Web 3 Attorney Moish Peltz discusses his take on the charges, the legal considerations of digital collectibles, and the potential outcomes.
DOJ Charges Former OpenSea Exec With NFT Insider Trading
Former OpenSea staffer Nate Chastain was charged on June 1 with wire fraud and money laundering after trading on confidential information about which NFTs were about to be featured on OpenSea. It’s the first DOJ has pursued an “insider trading” charge involving digital assets.
Coinbase NFT Marketplace Opens to Public, but Who’s There?
Cryptocurrency exchange Coinbase launched this non-fungible token (NFT) marketplace, but only a few users seem to be active on the platform. “The Hash” group discusses the timing of this launch, broader trends on decreasing volumes across NFT marketplaces, and the dominance of OpenSea and Magic Eden in the NFT space.
Solana Labs CEO on OpenSea, Wormhole Exploit, Decentralization
Solana Labs CEO & Founder Anatoly Yakovenko discusses the network’s rapid growth and use case for NFTs, noting OpenSea’s recent decision to feature SOL assets. Plus, Yakovenko explains how the protocol addressed the Wormhole exploit and ambitions for increased decentralization.
OpenSea Suspends Trading of Sand Vegas Casino Club NFTs
OpenSea has suspended the trading of "Gambling Apes" non-fungible tokens (NFTs) from the Sand Vegas Casino Club. This comes after regulators in Texas and Alabama ordered trading to halt as the NFTs were categorized as unregistered securities. ”The Hash” group discusses how securities laws relate to NFTs and crypto regulation on a state level.
Moonbirds NFTs Fly Into Top Spot on OpenSea
NFT project Moonbirds sold over $200 million during the first four days of its offering and is on pace for a record-setting trading volume.
Solana NFTs Added to Rarible Following OpenSea Debut
Solana NFT offerings have just been added to Rarible Protocol shortly after their debut on the OpenSea marketplace. “The Hash” group discusses the multichain reality of the NFT space and why other platforms are trying to chip away at Magic Eden’s market share.
OpenSea’s Solana Beta Begins; Binance Bails Out Sky Mavis
Chinese state-media opinion piece calls for tighter regulation of NFTs. Solana NFTs enter OpenSea marketplace; NFT sales down by 25%. Vietnam’s Sky Mavis raises $150 million to offset Ronin hack, Axie NFT sales surge more than 350%. Bitcoin takes a stumble following Fed minutes.
