In a year marked by a massive recovery run in the broader crypto market, the non-fungible tokens (NFTs) sector has displayed a contrasting performance. While industry leaders like OpenSea have historically dominated the NFT space, relatively newer players, such as the Blur NFT marketplace, have emerged as formidable contenders. As of December 3, the Ethereum NFT market experienced a notable uptick in transaction volume, reaching an impressive $34.786 million. This surge...
Read More »Coatue Slashes OpenSea’s NFT Marketplace Valuation by 90%: Report
American tech-focused investment manager Coatue Management has reportedly marked down its stake in OpenSea, one of the leading NFT platforms. According to documents reviewed by The Information, Coatue reduced its previously valued $120 million stake in OpenSea to just $13 million during the second quarter of 2023. Coatue Slashes OpenSea Stake by 90% Based on documents examined by The Information, Coatue decreased its stake in the NFT platform from an estimated $120 million to...
Read More »NFTs im Aufwind?
Die Verkaufszahlen ausgewählter Non-Fungible Token (NFTs) stiegen, wie man am Beispiel der NFTs auf Basis von Polygon und Solana sehen kann: Diese verkauften sich im Laufe der letzten Woche um 20 bzw. 33 Prozent besser als alle Ethereum-NFTs, deren Verkaufszahlen im gleichen Zeitraum um fast 17 Prozent sanken, aber immer noch fast doppelt so hoch sind als die von Polygon- und Solana-basierten NFTs zusammen. Schon im Juli führte Solana die sogenannten Compressed NFTs ein, eine kostengünstige...
Read More »Former OpenSea Manager Goes to Prison for 3 Months for Insider Trading
Nathaniel Chastain – former head of product at the NFT marketplace OpenSea – will spend three months in jail after being found guilty of insider trading. Prosecutors maintained that he bought numerous non-fungible tokens before they were featured on the platform’s home page and later sold them at much higher prices. Chastain maintained he was not guilty of the accusations that he conducted wire fraud since the NFTs were not securities or commodities. US District Judge Jesse...
Read More »Former OpenSea Manager Sentenced to Jail in First-Ever NFT Insider Trading Case
CoinspeakerFormer 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. Former OpenSea Manager Sentenced to Jail in First-Ever NFT Insider Trading Case
Read More »OpenSea Moves to Disable Creator Fees Enforcement
CoinspeakerOpenSea Moves to Disable Creator Fees Enforcement The change will take effect from August 31, meaning that creators may no longer blacklist NFT marketplaces that don’t enforce royalties. OpenSea Moves to Disable Creator Fees Enforcement
Read More »OpenSea Announces New Trading Feature Dubbed Deals
CoinspeakerOpenSea Announces New Trading Feature Dubbed Deals The OpenSea Deals feature is powered by Seaport protocol to enable P2P NFT trading at scale and securely. OpenSea Announces New Trading Feature Dubbed Deals
Read More »Zachari Saltmer Decodes Startup Success and Failure: Insights for Avoiding Business Failure
“For those operating in the blockchain space, it’s crucial to focus on growth and adoption, both at the retail and institutional levels,” noted Zatoshi. Let us introduce Zachari Saltmer, the influential co-founder of One Big Fund, affectionately known in his circles as Zatoshi. As a seasoned trader and venture capitalist, his insights have had a profound impact in the arena of crypto markets, particularly with innovations such as BRC-20 and ERC-6551. As we set foot into the next cycle of...
Read More »Stripe, Ripple, Blockchain.com, OpenSea Lead Way for Top 10 US Fintech Companies
Top crypto companies rank amongst the largest Fintech companies in America despite market challenges. Forbes has released its annual list of the top ten largest fintech companies in the US, providing insights into the dynamic landscape of the financial technology industry. However, this year’s list includes a disclaimer due to the market downturn’s impact on fintech valuations. First on the list was payment processing giant Stripe. The crypto-friendly firm, founded by Irish brothers...
Read More »NFT-Handelsvolumen steigt um 137 %
Dieses NFT ließ sich der Käufer mehr als 625.000 US-Dollar kosten Von einem NFT-Hype kann noch keine Rede sein. Und doch: die Handelsvolumina steigen wieder, wie aus einer neuen Infografik von Block-Builders.de hervorgeht. Konkret stiegen die NFT-Handelsvolumina vom Q4 2022 auf das Q1 2023 um 137 Prozent an. Wie die Infografik aufzeigt, schlägt sich das Plus allerdings noch nicht auf die Google-Suchanfragen nieder. Der Google-Trend-Score für den...
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