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Secondary Sales Volume Tied to Reddit’s Collectible NFT Avatars Surges Crossing $5 Million

Reddit’s non-fungible token (NFT) avatars have produced significant market action in the NFT industry, as the collectible’s secondary market sales reached more than $5 million on October 24 across more…

Continue ReadingSecondary Sales Volume Tied to Reddit’s Collectible NFT Avatars Surges Crossing $5 Million

Nifty News: OpenSea dominance fades, Azuki skateboards fetch $2.5M and more

The largest NFT marketplace is facing headwinds from its competition as OpenSea sees its market share slip whilst its rivals gain significant ground.

Continue ReadingNifty News: OpenSea dominance fades, Azuki skateboards fetch $2.5M and more

While Overall NFT Transactions and Buyers Are Down, NFT Sales Jumped 2% Higher Than Last Week

During the last week, non-fungible token (NFT) sales volume has managed to climb 1.9% higher than the week prior with $85 million in NFT sales in seven days. However, the…

Continue ReadingWhile Overall NFT Transactions and Buyers Are Down, NFT Sales Jumped 2% Higher Than Last Week

Prosecutors argue ‘insider trading’ claim in the OpenSea case is accurate

Federal prosecutors have argued against a claim made by the former OpenSea product manager that the term “insider trading” is “inflammatory.”

Continue ReadingProsecutors argue ‘insider trading’ claim in the OpenSea case is accurate

Street Machine Pumped Tenfold in 11 Days. Here’s What We Know About the Latest NFT Phenomenon

Street Machine saw its NFTs prices multiply by 10 since October 7, even though the collections items themselves have yet to be revealed. Taking the Streets by Storm The bear...

Continue ReadingStreet Machine Pumped Tenfold in 11 Days. Here’s What We Know About the Latest NFT Phenomenon

Report: Bankrupt Crypto Hedge Fund Three Arrows Capital Probed by SEC, CFTC for Possible Legal Violations

Reports indicate that the bankrupt crypto hedge fund Three Arrows Capital (3AC) is facing more trouble from liquidators and financial authorities from the U.S. Securities and Exchange Commission (SEC) and…

Continue ReadingReport: Bankrupt Crypto Hedge Fund Three Arrows Capital Probed by SEC, CFTC for Possible Legal Violations