US Arrests Former Employee of Opensea NFT Marketplace in ‘First-Ever Digital Asset Insider Trading Scheme’

The U.S. Department of Justice (DOJ) has indicted an employee of non-fungible token (NFT) marketplace Opensea in what the department called the “first-ever digital asset insider trading scheme.” DOJ Indicts Former Opensea Product Manager The DOJ announced Wednesday the unsealing of an indictment charging Nathaniel Chastain, a former product manager at Ozone Networks Inc. (aka … Read more

Kanye West Files Trademarks Describing NFT Technology After Denouncing the Digital Collectible Concept

According to trademark filings with the United States Patent and Trademark Office (USPTO), the American rapper Ye (commonly known as Kanye West) is getting into the world of non-fungible tokens (NFTs) and the metaverse. The record producer’s company Mascotte Holdings Inc. filed 17 trademarks, and parts of the trademark summaries describe digital collectibles like NFTs. … Read more

Nifty News: ‘Blue-chips’ halve in value, free-to-mint Goblintown NFT volume surges

Data on the most well recognized nonfungible token (NFT) projects show that key metrics have fallen with floor prices and market capitalization over the past month. Go to Source Powered by WPeMatico

Free-to-Mint NFT Collection Goblintown Is Now Worth Over $50 Million

A non-fungible token (NFT) collection called Goblintown is capturing millions in sales, as the NFT project has recorded $22.85 million in sales this week surpassing Otherdeed’s $20.73 million. At the time of writing, Goblintown obtained $2.26 million in sales during the past 24 hours, and the collection’s floor value jumped 103.2% higher today, to a … Read more

Chinese Crypto Regulations Force NFT Gaming App Stepn to Block Mainland Users

China’s anti-crypto regulations have reportedly forced the non-fungible token (NFT) game, Stepn, to exclude users from the mainland starting on July 15. Shortly after the announcement, Stepn’s in-game cryptocurrency is reported to have briefly dropped by 38%. Stepn Adheres to Local Regulations China mainland users of the NFT gaming app Stepn will not be able … Read more

Bored Ape and Cryptopunk Values Wobble — During the Last Month, Blue-Chip NFT Floor Values Dropped Over 50%

While the crypto economy has dropped considerably in value during the last few weeks, seven-day statistics indicate non-fungible token (NFT) sales are down 17.32% lower than last week. Data also shows NFT floor values have tumbled a great deal during the past month as some of the most popular NFTs are selling for a lot … Read more

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