NFT marketplace Rarible sees uptick after commitment to royalties
NFT aggregator Rarible said by October it would cut off aggregate orders from competitors that don’t enforce royalties, such as OpenSea. Go to Source
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Bitcoin Ordinals volume dips 98%, OpenSea to disable royalty tool, and Frend.tech hype: Nifty Newsletter
Bitcoin Ordinals NFT volume plunges 98%, and Yuga Labs is terminating its partnership with OpenSea over creator royalties. Go to Source
OpenSea manager accused of insider trading sentenced to 3 months in prison, $50K fine
Nathaniel Chastain will reportedly have until Nov. 2 to surrender himself following his conviction for wire fraud and money laundering related to insider trading on OpenSea. Go to Source
Yuga Labs to wind back from OpenSea over its axing of royalty enforcements
Yuga Labs said it will start winding back OpenSea support for “all upgradable contracts and any new collections” following the announcement from the NFT marketplace. Go to Source
Nifty News: Trader nabs 800 ETH by baiting a bot, NFT thefts slow and more
A trader walked off nearly $1.5 million richer after tricking a bot copying his trades to buy a slew of NFTs at a markup. Go to Source
Reddit prepares to drop Gen 4 collectible avatars on Polygon
Despite the downturn in the NFT industry, Reddit continues to attract new holders of digital collectibles issues on blockchain. Go to Source Powered by WPeMatico
Jury convicts former OpenSea manager in NFT-insider trading case
Prosecutors claimed Nathaniel Chastain profited from inside information as to which NFTs would be featured on the marketplace. Go to Source Powered by WPeMatico
OpenSea ‘insider trading’ trial kicked off in New York district court
The court case might have a decisive influence on the legal classification of NFTs. Go to Source Powered by WPeMatico
Crypto Industry Report: BTC Beats Nasdaq Index and Gold in Q1, Liquid Staking Governance Tokens up by 210%
According to the latest Coingecko crypto industry report, during the first quarter of 2023, bitcoin became the best-performing asset after it saw its U.S. dollar value go up from just under $17,000 observed on Dec. 31, 2022, to just over $28,000 by March 31, 2023. The report attributes the crypto asset’s resurgence to “increased volatility … Read more
Post-Shapella Hard Fork: Ethereum Deposits Exceed Withdrawals, Wait Time Climbs, ETH Transfer Fees Jump
It has been a week since Ethereum’s Shapella hard fork, and statistics indicate that ethereum deposits on April 18 have exceeded withdrawals for the first time since the upgrade. At present, 929,999 ether worth $1.94 billion is pending withdrawal, and over the past three days, 112,568 ether has been added to liquid staking protocols. Just … Read more
