OpenSea’s former head of product was sentenced to three months in prison on Tuesday for using inside knowledge at the NFT marketplace to flip assets featured on its homepage. Nathaniel Chastain, who w...
Category: NFT
Live NFT News Updates.
Logan Paul and the compensation for the “Crypto Zoo” NFT project
In January 2023, the YouTuber and boxer Logan Paul had declared that he would compensate about $1.5 million to investors of the NFT project “Crypto Zoo,” the latter having turned out to be a total fai...
NFT Market Turbulence: BAYC Prices Dive & Yuga Labs Faces Headwinds!
In an unforeseen twist, the once-thriving NFT (Non-Fungible Token) market is navigating choppy waters. The recent weeks have unveiled a dwindling interest and showcased alarming disruptions in key mar...
Judge Sends OpenSea Employee To Prison For NFT Insider Trading
The first case of NFT insider trading has come to a close as a US Judge has sentenced a former OpenSea employee to prison. OpenSea Head Of Products Arrested For Fraud Nathaniel Chastain, former Head o...
Insider Trading in the Digital Realm: OpenSea Executive Sentenced in NFT Scandal
Former OpenSea product manager Nathaniel Chastain faced a three-month prison term. Chastain’s high-profile case marks the first of its kind: insider trading with non-fungible tokens (NFTs). Chastain’s...
Former OpenSea Manager Sentenced to Jail in First-Ever NFT Insider Trading Case
According to the Judge, the former OpenSea product manager deliberately used insider information to take advantage of NFT trading. A District Judge has sentenced a former OpenSea product manager to ja...
Trustly Partners with Station Casinos to Power Payments for its new NFT Marketplace
SAN CARLOS, Calif.–(BUSINESS WIRE)–Trustly, the global leader in Open Banking Payments, has partnered with Station Casinos to become the exclusive payments provider for its new NFT loyalty marketplace...
Former OpenSea manager sentenced in NFT insider trading case
A judge sentenced Nathanial Chastain, the former OpenSea manager who front-ran his employer’s NFT listings, to three months in prison on Tuesday. Chastain, a former OpenSea manager, was convicted in ...
Bored Ape Yacht Club at the NFT Fest Lugano!
Lugano, Switzerland – Hey there, get ready for some exciting news! Something super fun is happening at NFT Fest Lugano, and you’re invited to be part of it! The Bored Ape Yacht Club is teaming up with...
OpenSea Ex-Manager Faces Imprisonment for NFT Insider Trading, Requests Bail
Ex-Manager at Opensea, Nathaniel Chastain, gets 3-month prison term for NFT insider trading. U.S. Attorney Damian Williams emphasizes Chastain’s breach of trust and betrayal of employer’s confidence. ...
Cardano’s Meteoric Rise in NFT Dominance Challenges Ethereum’s Throne
In the ever-evolving landscape of digital assets, Ethereum’s reign over the NFT industry has been unquestionable for years, driven by its impressive trading volume, innovative projects, widespread use...
Former OpenSea Head of Product, Nathaniel Chastain, Sentenced in Pioneering NFT Insider Trading Case
Nathaniel Chastain, the former head of product at OpenSea, has been sentenced to three months in prison for his involvement in insider trading with digital assets. Chastain was responsible for selecti...
Rarible to Permanently Support Royalties on NFT Trading Market!
Crypto Live News Author: Mustafa Mulla Aug 23, 2023 9:03 Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech i...
Philatelie Liechtenstein and Renowned Artist Romero Britto Reveal Groundbreaking NFT Stamp
In an exciting merger of tradition and technology, Philatelie Liechtenstein, part of Liechtenstein’s official postal service, has debuted an NFT postage stamp infused with the artistry of internationa...
NFT Insider Trading: A New Frontier in Digital Asset Fraud
The digital realm has been buzzing with the rise of non-fungible tokens (NFTs), unique digital tokens that represent ownership of a particular asset, often digital art. But with the rise of this new d...
Maui wildfire recovery gets the spotlight thanks to charitable NFT collection
The Maui wildfires have been raging since Aug. 8 and continue to wreak devastation on the Hawaiian island. Maui County confirmed Monday that 115 people have died as a result of the blazes and that an...
OKX NFT Marketplace Defies Cold NFT Winter, Records Rapid Growth In Transaction Volume
Key Points: Despite the NFT market’s liquidity challenges, OKX NFT Marketplace has defied the trend by experiencing a remarkable surge in transaction volume since mid-July, even reaching a record high...
Former OpenSea Executive Jailed for NFT Insider Trading
Conviction and Sentence Nathaniel Chastain, the previous Head of Product at OpenSea, was handed a three-month prison sentence following his conviction of insider trading within the NFT (Non-Fungible T...
Crypto and NFT Games Are Still Launching on Steam Despite Ongoing Ban
Blockchain-based games with cryptocurrency or NFT elements are banned on Valve’s Steam PC gaming marketplace—but the developers of such games have found ways to launch them on the popular platform, fi...
Yuga Labs To Block OpenSea After NFT Marketplace Abandons Royalty Enforcement
OpenSea Has Raked In Over $100M In Fees From Bored Apes, Mutant Apes, BAKC and Otherside NFTs Yuga Labs, creators of the popular NFT collection Bored Ape Yacht Club (BAYC), will remove support for Ope...
How Fierce Is The NFT Marketplace War Going?
The NFT sector has long been seen as a promising market with plenty of room for initiatives to enter and dominate. OpenSea was originally regarded as the market’s No. 1 NFT Marketplace platform, howev...
Polkadot declining, traders focusing on Borroe, an AI-powered NFT marketplace
The crypto scene is volatile, with news and established projects constantly jostling for investor attention. Usually, a new player can impact the market, but only if it can deliver a unique offering o...
FIBA launches NFT collection on its Shopify store
The International Basketball Federation, also known as FIBA, has announced the launching of its NFT collection. The development comes to light ahead of the Basketball World Cup, where 32 teams will lo...
Recur Closes, Yuga Labs Battles with Open Sea: Is the NFT Market Dying?
NFT platform Recur announces that it will be shutting down the platform this year. Recently, Yuga Labs stated that it would block the trading of its newer NFTs on OpenSea. Amid these developments, NFT...
Why the choice of the blockchain matters for NFT collections
One of the fundamentals of launching an NFT collection is choosing where you’ll mint it to reach the moon. If everyone is choosing the Ethereum and Solana blockchain to mint their collection, does it ...
FIBA launches NFT collection for Basketball World Cup
The International Basketball Federation (FIBA) has teamed up with a web3 SaaS platform Venly to introduce a series of distinctive digital collectibles. Directing attention to the host nations – Japan,...
NFT Firm Recur Announces Shut Down of the Web3 Platform
Recur had started out on a grand push with Hello Kitty and Friends last July. The firm would be gradually removing essential functionalities from its platform. Last week, the NFT firm Recur announced ...
NFT Platform Recur to Shut Down Despite $50M Raise and Big Name Backers
The NFT startup Recur said on Friday that its Web3 platform is winding down—unable to weather the chills of crypto winter despite hosting the IP of several big brands like Hello Kitty and Nickelodeon....
Digital Art and NFT Platform o-mee Public Sale is live on GemPad
The public sale of o-mee is live exclusively on GemPad since 21st August 2023 at 10:00 UTC, and will end on 25th August 2023, 23:59 UTC. The Polygon based cutting edge creator friendly NFT marketplace...
Cardano NFT Floor Price Skyrockets, Exceeding Ethereum: Data
In recent years, the non-fungible token (NFT) space has expanded into a billion-dollar industry, with Ethereum traditionally leading the way as the dominant ecosystem. Cardano, on the other hand, face...
Recur, the NFT Platform to Shut Though $50M Raised in Series A
Recur, the latest NFT-centered platform with a big-name partnership announced its closure despite making $50 Million in a series A funding round. The news completely stirred the NFT landscape, disappo...
Discovering the World of DeGods NFT: What Makes it Classy?
DeGods is a digital art collection and a global community of creators, artists, developers, etc. is ready to boom the NFT landscape. The NFT collection is a hot topic at present due to the collaborati...