The latest non-fungible token (NFT) marketplace data show that the summer volume doldrums continued through August. The volume for this month is, as of August 24, $369.53 million, according to The Blo...
Tag: OpenSea
OpenSea insider trading case could increase government power
Nathaniel Chastain, formerly of OpenSea, has filed a motion to dismiss the indictment filed against him for insider trading. Chastain had been charged with wire fraud and money laundering related to...
Former OpenSea exec claims insider trading laws cannot apply to NFTs
Former OpenSea sea executive Nate Chastain has filed a motion asking a U.S. district court to dismiss insider trading charges levied against him because non-fungible tokens (NFTs) do not meet the req...
OpenSea Files Motion to Dismiss Case Alleging NFT Insider Trading Activity
The Lawyers representing OpenSea’s former product head Nate Chastain said that the NFTs don’t fall in the category of either securities or commodities. Thus, wire fraud charges aren’t applicable to th...
Former OpenSea Executive Seeks Dismissal of Insider Trading Charges
Nathaniel Chastain, a former OpenSea executive, has submitted a filing calling for the dismissal of charges because he claims NFTs are not securities or commodities, among other reasons. Former OpenSe...
Former OpenSea Staff Asks Court to Withdraw Insider Trading Charges
Following the indictment of Nathaniel Chastain, a former Head of Product at the Non-Fungible Token (NFT) marketplace, OpenSea, a new petition has now been filed by his lawyers, requesting the court to...
OpenSea Ex-Employee Asks Court to Dismiss Insider Trading Case
Former OpenSea product manager Nate Chastain was indicted by the DoJ in June on two charges of wire fraud and money laundering related to insider NFT trading Chastain’s lawyers are arguing NFTs don’t ...
Prosecutors want to claim NFTs as securities, alleges legal team of former OpenSea employee
Lawyers representing Nathaniel Chastain, the former OpenSea product manager accused of insider trading, have claimed United States authorities only filed charges in an attempt to set a legal precedent...
Former OpenSea employee accused of insider trading files motion to dismiss indictment
Lawyers for former OpenSea head of product Nathaniel Chastain filed a motion to dismiss an indictment against him, according to court documents. Chastain was indicted by a grand jury on wire fraud and...
Magic Eden Company Intelligence
August 22, 2022, 10:08AM EDT • 30 min read Quick Take Founded in September 2021, Magic Eden runs the largest Solana NFT marketplace with +90% market share – Magic Eden verticals include its secondary ...
Looki NFT Records Over $250K in Trading Volume Within 4 Days on OpenSea
The Looki Avatar, as a collection of PFP NFTs, can be used as a profile photo on social media platforms, including Twitter and Instagram. Looki NFTs further describes itself as an exclusive NFT collec...
Drop in OpenSea NFT Trading Volume: Lowest in 13 Months
Drop in OpenSea NFT trading volume drops to the lowest level in 13 months. According to DappRadar data, only $10.1 million worth of NFTs were traded on the platform on August 9, compared to $184.5 mil...
Stolen NFT Policy Replaced by OpenSea ’s Updates
The Growing Number of NFT Frauds NFT frauds are becoming more prevalent, and Web3 platforms are being forced to deal with maintaining and recognizing stolen funds more and more. The burden of this Web...
OpenSea now requires a police report in stolen NFT claims
Scams in the non-fungible token (NFT) space have increased over the past year. It has resulted in NFT platforms looking for ways to protect user assets to prevent these scams from prevailing. However,...
OpenSea Changes Stolen NFT Policy Following User Outcry
In brief NFT marketplace OpenSea is changing its tactics around assets that are reported as stolen. Users have complained about OpenSea’s policy, which some allege punishes users who inadvertently pur...
OpenSea outlines new regulations against NFT theft
Leading NFT marketplace, OpenSea has implemented new regulations to prevent NFT theft. The firm clarified these new regulations via a series of posts on Twitter. OpenSea indicated that it has always ...
With weak guards against NFT theft, OpenSea will just call the police
Right-clicking and saving an NFT is still a popular — and incredibly simple — way of stealing somebody’s profile picture (PFP). And with no solution to this simple attack vector in sight, the world’s ...
OpenSea Updates Policy to Tackle NFT Fraud and Theft – crypto.news
OpenSea non-fungible tokens (NFTs) and digital collectibles marketplace has updated its policy in a bid to combat the sale of stolen NFTs on the platform. The new policy requires OpenSea users to subm...
Someone stole your NFTs on OpenSea? Here’s what you can do
As the cryptocurrency industry grows larger, it has become abundant with scammers and thieves, with non-fungible tokens (NFTs) proving to be an increasingly attractive target, especially considering t...
OpenSea Introduces New NFT Theft Policy
OpenSea, the world’s biggest venue for trading Non-Fungible Token (NFT) items, has revealed its new policy governing the handling of stolen digital arts and general theft on its platform. According t...
OpenSea introduces new stolen item policy to combat NFT theft
As asset theft remains one of the biggest headaches in the nonfungible token (NFT) space, NFT marketplace OpenSea is making an effort to tailor its policy to incorporate additional measures against st...
OpenSea Changes Site to Highlight Friends With Benefits DAO, Along With a 100,000 USD –
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NFT Marketplace OpenSea Will Implement Crime Report Policy
Popular non-fungible token (NFT) marketplace OpenSea announced changes to its crime reporting policy. Via their Twitter account, the team behind the platform addressed the issues with their old stolen...
OpenSea Steps Up NFT Copymint and Transparency Policy
NFT News The marketplace has published a more in-depth look into its copymint policy. The policy has defined what qualifies as a copymint and what does not. OpenSea has recently revealed via a blog po...
The Bitcoin artists on minting NFTs and OpenSea
“Art is not a thing, it is a way,” said American writer Elbert Hubbard. For Bitcoin (BTC) artists, the way is inspired by Bitcoin, its code, its philosophy and its imagery. In some cases, it’s even in...
OpenSea NFT Gifting Feature Raises Concerns About Mislabeled Transactions
A new “gifting” feature on leading NFT marketplace OpenSea is causing confusion over mislabeled transactions—something that could potentially be exploited by predatory NFT traders. NFTs—unique blockch...
Google AI Recreated Artsy Monke NFT Collection Sold Out on OpenSea
Google took help of its AI, recreated the NFT collection after taking inspiration from BAYC NFT collection. Non-fungible tokens were one of the significant creations that saw its boom in 2021. T...
A-Z of how OpenSea Ethereum and Polygon fared in the last 30 days
This month, marked by growth in most sectors, the cryptocurrency ecosystem saw relief from the beatdown it received in the first half of the year. This relief has made many believe we have finally fou...
Dixon takes over Katie Haun’s board seat at OpenSea
a16z’s Chris Dixon has joined the board of non-fungible token trading platform OpenSea, according to a blog post published Saturday. “I’m excited to formally welcome Chris Dixon to the Op...
Celsius also hit by Customer.io email data breach
An employee at one of Celsius’ vendors leaked a list of customer emails to a “third-party bad actor,” according to the company. The crypto lender said in an email Thursday that it wa...