Blur, Tensor Tokens Dip After NFT Marketplace OpenSea Receives SEC Wells Notice
The SEC alleged in the Wells notice that NFTs sold on OpenSea are securities, the OpenSea CEO said earlier Wednesday.
OpenSea
OpenSea Gets ‘Wells Notice’ From SEC, Which Calls NFTs Sold on Platform ‘Securities’
“We’re shocked the SEC would make such a sweeping move against creators and artists,” says CEO of OpenSea
OpenSea Investor Coatue Cuts NFT Marketplace’s Valuation by 90%: Report
Coatue also marked down its stake in MoonPay by 90%
Ex-OpenSea Executive Nate Chastain Gets 3 Months in Prison for Insider Trading
Nate Chastain, the former head of product at NFT platform OpenSea, has received a three month prison sentence for making tens of thousands of dollars worth of insider trades during his tenure at the NFT company.
OpenSea’s New Deal, McNuggets Land in the Metaverse
This week, OpenSea introduced “Deals,” allowing NFT collectors to trade directly with one another and McDonald’s launched McNugget Land in The Sandbox, inviting users to interact with pixelated nuggets and play mini-games.
Traders Are Tired of Trump NFTs
The former U.S. president’s second collection isn’t as successful as his first drop was, while Sotheby’s plans to sell an impressive NFT collection seized from Three Arrows Capital.
Trump Earned Up To $1M From NFT Sales: Filings
Trump’s income from NFTs comes via a licensing agreement between his company CIC Digital LLC and the collection’s creator NFT INT LLC.
OpenSea Goes Pro, Ralph Lauren Takes Crypto
Plus, investments in blockchain games and metaverse projects totaled $739 million for the quarter.
Founder of Blur, the Pro NFT Marketplace Driving Billions in Trades, Reveals What’s Next
Blur co-founder Pacman, who recently revealed himself to be 24-year-old Tieshun Roquerre, spoke to CoinDesk about the creator royalty dilemma, platform fees and creating long-term value for users.