Opensea Financial News

23.08 / 20:51

NFT Opensea insider trading Prison Former OpenSea Head of Product Receives 3-Month Prison Sentence for NFT Insider Trading

Nate Chastain, the ex-head of product at NFT platform OpenSea, has been sentenced to three months in prison for profiting tens of thousands of dollars through insider trading of assets showcased on the platform's homepage.

23.08 / 19:27

Blockchain NFT Opensea Bitcoin Bitcoin Ordinals volume dips 98%, OpenSea to disable royalty tool, and Frend.tech hype: Nifty Newsletter

Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights.

22.08 / 22:07

Law NFT regulation crimes Court Opensea Prison Fine OpenSea manager accused of insider trading sentenced to 3 months in prison, $50K fine

A federal judge has sentenced former OpenSea product manager Nathaniel Chastain to three months in prison for wire fraud and money laundering related to insider trading on the platform.

19.08 / 16:21

NFTS Opensea Yuga Labs Yuga Labs Plans to Part Ways with OpenSea NFT Marketplace Following Royalty Model Change

Yuga Labs, the entity behind the popular NFT collection Bored Ape Yacht Club (BAYC), is set to halt support for OpenSea due to a change in the platform's royalty model.

19.08 / 02:35

NFT fees Marketplace Opensea Yuga Labs to wind back from OpenSea over its axing of royalty enforcements

Bored Ape Yacht Club (BAYC) creators Yuga Labs is set to wind down support for OpenSea following the platform’s upcoming removal of its on-chain royalty enforcement tool Operator Filter.

18.08 / 18:51

NFT CEO Platform Opensea social OpenSea NFT Marketplace Implements Changes to Creator Fees and Royalty Rules – Here's What You Need to Know

The major non-fungible token (NFT) marketplace OpenSea has implemented changes that makes creator fees optional for new collections.

18.08 / 04:21

business NFT fees Artists Marketplace Opensea NFT marketplace OpenSea to disable royalty enforcement tool

Non-fungible token (NFT) marketplace OpenSea is sunsetting its on-chain royalty enforcement tool — Operator Filter — which allows creators to blacklist NFT marketplaces that don't enforce royalties.

09.08 / 19:47

Ethereum NFT Metaverse Opensea NFT gas usage drops, Ordinals nonprofit launches: Nifty Newsletter

In this week’s newsletter, read about how the team behind Bitcoin Ordinals plans to drive the development of nonfungible tokens (NFTs) on Bitcoin and find out why metaverse platform The Sandbox requires Know Your Customer (KYC) checks for staking. In other news, learn why NFT gas usage is on a downward trend, and don’t forget this week’s Nifty News, featuring an NFT trader tricking a bot and bagging $1.5 million in profit.

07.08 / 03:55

NFT hacks Tokens Opensea Bot Nifty News: Trader nabs 800 ETH by baiting a bot, NFT thefts slow and more

YouTuber and nonfungible token (NFT) trader Hanwe Chang said he scored 800 Ether (ETH), around $1.5 million, by tricking a rival trader’s bot into buying his own inflated NFTs.

28.07 / 11:18

Ethereum Art NFT Non-fungible tokens Opensea Sotheby's NFTs Created by 99-Year-Old Artist Vera Molnár Sold for $1.2 Million

Computer-generated non-fungible tokens (NFTs) created by innovative Hungarian artist Vera Molnár sold out for ETH 631.

26.07 / 11:13

Blockchain NFT Social Media Polygon Reddit Opensea Drop Reddit prepares to drop Gen 4 collectible avatars on Polygon

Social media platform Reddit continues exploring digital collectibles despite a significant downturn in the non-fungible tokens (NFT) industry.

19.07 / 09:43

Ethereum NFT Opensea Vitalik Buterin becomes NFT, Neopets transitions into non-crypto game and more

An image of the Ethereum co-founder Vitalik Buterin taken back in 2014 is being auctioned off as a nonfungible token (NFT). The portrait was taken by Canadian photographer Andrew Miller and was taken before the popular developer became famous for the blockchain network.

06.07 / 11:43

Ethereum NFT data Opensea Royalties Low Ethereum NFT royalties hit two-year low as Bored Ape floor price falls below 30 ETH

Royalties earned by nonfungible token (NFT) projects have reached their lowest point in two years, according to a report from blockchain analytics firm Nansen.

26.06 / 10:25

Art NFT Sport Non-fungible tokens Opensea FC Barcelona Partners with World of Women for NFT Collection

European football giant FC Barcelona has partnered with the non-fungible token (NFT) ecosystem World of Women to release the second piece in its 'Masterpiece' collection.

25.04 / 12:23

NFT regulation SEC coinbase Opensea OpenSea 'insider trading' trial kicked off in New York district court

On Apr. 24 the Southern district court of New York held the first jury hearing on the case against former OpenSea product manager Nathaniel Chastain, who’s being accused of insider trading with nonfungible tokens (NFTs).

12.04 / 19:19

Blockchain NFT Reddit Marketplace Opensea OpenSea collector pays 100 ETH for a free NFT: Nifty Newsletter, April 5–11

In this week’s newsletter, find out why a nonfungible token (NFT) collector paid $192,000 for a free NFT. Check out how community members responded as Reddit deployed its contract for its Gen 3 NFT avatars, and how a previously unreleased David Bowie track has been turned into an NFT. In other news, discover how LooksRare plans to compete with rival NFT marketplaces through a new upgrade, and how NFTs can unlock a biodegradable vinyl record.

06.04 / 03:09

NFT Trading Reddit Marketplace Opensea Bot OpenSea collector fat fingers a 100 ETH bid for a free NFT

A nonfungible token (NFT) trader has seemingly fat-fingered a bid for a free NFT, buying it for 100 Ether (ETH), currently valued at $191,239, instead of nothing.

05.04 / 11:17

NFT Marketplace Opensea OpenSea advanced NFT marketplace sparks mixed community reactions

In another attempt to win back its users from its budding nonfungible token (NFT) marketplace competitor Blur, OpenSea rebranded Gem v2 into OpenSea Pro, triggering mixed responses from the community.

04.04 / 21:41

business Technology Digital NFT Web3 Digital Asset Opensea OpenSea launches advanced NFT marketplace aggregator

NFT marketplace OpenSea has unveiled OpenSea Pro, its new non-fungible token (NFT) marketplace aggregator aimed at serving the needs of professional users. OpenSea's acquisition of NFT aggregator Gem in April 2022 enabled it to develop and refine Gem's platform to create the new OpenSea Pro.

29.03 / 13:29

NFT Web3 Artists Opensea Royalties Web3 creators at higher a loss for royalties than anticipated: data

The nonfungible token (NFT) space has been a proven gateway for helping users take their first steps into the Web3 space. This is particularly true when it comes to artists and creators using Web3 tools to enhance their work.

20.03 / 16:53

NFT Trading Opensea NFT wash trading increases by 126% in February: data

The top six nonfungible token (NFT) marketplaces saw a rise in NFT wash trading for the fourth straight month with a total volume of $580 million.

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