OpenSea

Former OpenSea Exec Nate Chastain Sentenced to 3 Months in Prison for Insider Trading
Former OpenSea Exec Nate Chastain Sentenced to 3 Months in Prison for Insider Trading
Nate Chastain, the former head of product at OpenSea, has received a three month prison sentence in what the prosecutors are calling the first-ever digital asset insider tradi...
Former OpenSea Exec Nate Chastain Sentenced to 3 Months in Prison for Insider Trading

Nate Chastain Twitter (CoinDesk screenshot)
Ex-OpenSea Executive Nate Chastain Gets 3 Months in Prison for Insider Trading
Chastain was found guilty on charges of buying and selling NFTs from collections he knew would later be featured on his former company’s home page.
Nate Chastain Twitter (CoinDesk screenshot)

Billionaire Investor Mark Cuban Says OpenSea Making NFT Creator Fees Optional Is a 'Huge Mistake'
Billionaire Investor Mark Cuban Says OpenSea Making NFT Creator Fees Optional Is a 'Huge Mistake'
NFT marketplace OpenSea plans to "sunset the OpenSea operator filter" and "move to optional creator fees on all secondary sales for new collections," according to a recent pos...
Billionaire Investor Mark Cuban Says OpenSea Making NFT Creator Fees Optional Is a 'Huge Mistake'

McNuggets Land in The Sandbox
OpenSea’s New Deal, McNuggets Land in the Metaverse
The NFT marketplace is letting collectors trade directly with one another, McDonald’s launches a virtual experience and more Web3 news of the week.
McNuggets Land in The Sandbox

Deals screenshot (OpenSea.io)
OpenSea Makes ‘Deals,’ Launches Peer-to-Peer NFT Swaps
The new feature allows collectors to trade NFTs directly with each other as well as add WETH to “sweeten the deal.”
Deals screenshot (OpenSea.io)

67% of New NFTs Minted Are Profitable: Nansen Data
67% of New NFTs Minted Are Profitable: Nansen Data
According to Nansen data, 67% of new non-fungible token (NFT) mints in May are profitable. Separately, Dune Analytics notes a declining number of monthly active traders this y...
67% of New NFTs Minted Are Profitable: Nansen Data

Carpe Consensus 4X3
Insider Trading Won’t Fly in Crypto: Coinbase and OpenSea Updates
Plus, more on Bitcoin’s BRC-20, GREED token and Pepe.
Carpe Consensus 4X3

Milady 8835 last sold for 0.35 ETH (about $1,000) on OpenSea. (Remilia, modified by CoinDesk)
Elon Musk Tweets a Milady NFT, Floor Price Soars on OpenSea
The Twitter CEO shared a gif of the counterculture NFT declaring, “There is no meme, I love you,” shooting the collection to the top trending spot on the marketplace.
Milady 8835 last sold for 0.35 ETH (about $1,000) on OpenSea. (Remilia, modified by CoinDesk)

Ex-OpenSea Exec Charged With Wire Fraud, Money Laundering in Insider Trading Case
Ex-OpenSea Exec Charged With Wire Fraud, Money Laundering in Insider Trading Case
Nate Chastain, the former head of product at non-fungible token (NFT) platform OpenSea, was convicted of money laundering and wire fraud in a federal court in New York on Wedn...
Ex-OpenSea Exec Charged With Wire Fraud, Money Laundering in Insider Trading Case

(Opensea, modified by CoinDesk)
Ex-OpenSea Exec Convicted of Wire Fraud, Money Laundering in Insider Trading Case
Nate Chastain made approximately $50,000 by buying and trading non-fungible tokens with insider knowledge gained from his position at OpenSea.
(Opensea, modified by CoinDesk)