Insider NFT trading — was that wrong?

In a famous episode of Seinfeld, George Constanza was confronted by his boss who said he had been informed that George had sex with the cleaning woman on the desk in his office. George replies: “Was that wrong? Should I have not have done that? I tell ya, I got to plead ignorance.” This week,…

Read More

OpenSea’s Head of Product Nate Chastain gets into hot water for snatching up hot NFTs based on insider knowledge

UPDATE Sept. 16, 2021. The Verge reports that Nate Chastain appears to be no longer working for Open Sea due to the incident. That escalated quickly! OpenSea appointed a third party to undertake an independent review of the incident. OpenSea, a platform where people can buy and sell NFTs, is facing a controversy today. Its…

Read More

HOT ITEM: The Sevens NFTs public launch on OpenSea today at 12 PM ET

The Sevens NFTs are going public today on OpenSea at 12 pm ET. The Sevens are “7,000 unique aesthetic collectibles with references from pop culture, anime, games, memes, movies, and more.” The starting bid for 1 NFT is 2 ETH (or about $7,522), with 2,000 NFTs up for sale. Will you invest?? The Sevens already…

Read More