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Convicted Ex-OpenSea Manager Chooses to Serve Jail Time Amid Pending Appeal
7.9.2023
Nathaniel Chastain, a former manager at the non-fungible token (NFT) marketplace OpenSea, has made the decision to serve his three-month prison sentence for insider trading while his appeal is still pending.
Chastain's lawyers submitted a letter to the New York District Court on Wednesday...
Former OpenSea manager withdraws application for bail pending appeal
7.9.2023
The attorneys representing Nathaniel Chastain informed the court that Chastain will self-surrender on Nov. 2 to begin serving his sentence
WAGMI Games partners with Opensea ahead of Defense Founder’s Mint
31.8.2023
WAGMI Games recently announced a partnership with the biggest NFT marketplace, OpenSea. The partnership comes right ahead of WAGMI Defense Founder’s Mint. WAGMI Games released an official post to inform users about the collaboration. The post stated that the parties will work together to push...
Trump NFTs back in demand, SEC says NFT sales are unregistered securities: Nifty Newsletter
30.8.2023
Trump NFT prices spiked after the former U.S. president’s mugshot in police custody was released
NFT Collector: Giant Swan’s gothic VR dreamscapes… royalty nightmare on OpenSea
25.8.2023
Melbourne NFT artist Giant Swan used to sit in his car crying because he didn’t fit in. Now he’s found his place as a gothic VR dream creator
ZTX to Launch Genesis Home Mint with OpenSea and Reward Presale Contributors
25.8.2023
Following a successful presale, a prominent South Korean metaverse initiative, ZepetoX ZTX, has announced the launch of its highly anticipated ZTX Genesis Home Mint in partnership with OpenSea....
Read More: ZTX to Launch Genesis Home Mint with OpenSea and Reward Presale Contributors
NFT marketplace Rarible sees uptick after commitment to royalties
24.8.2023
NFT aggregator Rarible said by October it would cut off aggregate orders from competitors that don’t enforce royalties, such as OpenSea
Former OpenSea Head of Product Receives 3-Month Prison Sentence for NFT Insider Trading
23.8.2023
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.
Chastain, formerly responsible for putting prominent NFTs on OpenSea,...
Bitcoin Ordinals volume dips 98%, OpenSea to disable royalty tool, and Frend.tech hype: Nifty Newsletter
23.8.2023
Bitcoin Ordinals NFT volume plunges 98%, and Yuga Labs is terminating its partnership with OpenSea over creator royalties
OpenSea manager accused of insider trading sentenced to 3 months in prison, $50K fine
22.8.2023
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
Ex-OpenSea Executive Nate Chastain Gets 3 Months in Prison for Insider Trading
22.8.2023
Nate Chastain, the former head of product at NFT platform OpenSea, has received a three month prison sentence for making tens of thousands of dollars worth of insider trades during his tenure at the NFT company
Daniel announces a split between Yuga Labs and OpenSea
21.8.2023
Daniel Alegre, the Chief Executive Officer of Yuga Labs, has announced that there could be a split between the creators of Bored Ape Yacht Club and an NFT marketplace, OpenSea. This split is the decision of OpenSea to sunset its Operator Filter tool. It was an essential addition introduced...
Opensea Phases Out BNB Smart Chain Support, Citing Resource Alignment With Promising Efforts
19.8.2023
One of the largest non-fungible token (NFT) platforms, Opensea, has declared its decision to withdraw BNB Smart Chain (BSC) support. Opensea revealed that the “cost to continue supporting BSC outweighs the impact.” Opensea Pivots Away From BNB Smart Chain in Strategy Re-evaluation...
Yuga Labs Plans to Part Ways with OpenSea NFT Marketplace Following Royalty Model Change
19.8.2023
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.
In a Saturday tweet, Yuga Labs announced that it plans to wind down support for OpenSea following the upcoming removal...
Yuga Labs to wind back from OpenSea over its axing of royalty enforcements
19.8.2023
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
OpenSea NFT Marketplace Implements Changes to Creator Fees and Royalty Rules – Here's What You Need to Know
18.8.2023
The major non-fungible token (NFT) marketplace OpenSea has implemented changes that makes creator fees optional for new collections.
Specifically, the OpenSea said it would retire the Operator Filter, which functioned as an enforcement tool for creator royalties on the platform.
Instead, OpenSea...
Today in Crypto: Mastercard Forms a CBDC Program with Ripple, Consensys & Fireblocks, OpenSea is Set to Disable its Operator Filter, Taiwan Proposes Business Category for Crypto Firms to Self-regulate & Form Industry Associations
18.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Mastercard Forms a CBDC Program with Ripple, Consensys & Fireblocks, OpenSea is Set to Disable...
OpenSea unleashes optional creator fees and ends royalty enforcement
18.8.2023
A well-known NFT marketplace, OpenSea, has announced changes to its creator fee structure in an effort to support creators and keep up with the evolving NFT market. OpenSea will no longer require creator fees for newly created collections as of August 31. OpenSea is taking a big step forward,...
NFT marketplace OpenSea to disable royalty enforcement tool
18.8.2023
OpenSea's royalty enforcement tool Operator Filter is going to be turned off, according to OpenSea’s founder and CEO, Devin Finzer
Nifty News: Trader nabs 800 ETH by baiting a bot, NFT thefts slow and more
7.8.2023
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