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Formula One Team Haas F1 to Mint Branded NFTs With Opensea

U.S.-licensed Formula One constructor Haas F1 Team has announced a collaboration with non-fungible token (NFT) marketplace Opensea. As part of the agreement, a collection of NFTs will be produced for…

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The Top 5 NFT Marketplaces Surpass $40 Billion in All-Time Sales

While non-fungible token (NFT) sales have slipped since the start of the year, the top five marketplaces, in terms of the largest number of all-time sales, have reached more than…

Continue ReadingThe Top 5 NFT Marketplaces Surpass $40 Billion in All-Time Sales

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.

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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