Daily Newsletter by NFT Newspaper

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OpenSea Ex-Employee Charged With NFT Insider Trading

OpenSea Ex-Employee Charged With NFT Insider Trading A man was charged by US officials for using confidential information to buy non-fungible tokens (NFTs) before their release. The incident is the first prosecution of so-called insider trading of digital assets. Nathaniel Chastain, a 31-year-old man, was charged with both money laundering and wire fraud. As per …

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Magic Eden Drives Past OpenSea in Daily Trading Volume as Solana NFTs Find its Stride

What Exactly Happened with Magic Eden and Open Sea Growing Solana non-fungible token (NFT) market has made its leading marketplace, Magic Eden, rank higher than OpenSea, its Ethereum blockchain counterpart. DappRadar’s weekly report finds that Magic Eden has seen nearly 275,000 daily transactions compared with OpenSea’s 50,000. According to CoinDesk, Magic data saw 330,000 true …

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