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Tag: Blockchain

NFT News 0

Sotheby’s Debuts Secondary NFT Marketplace for Iconic Digital Art

World-renowned auction house, Sotheby’s, has embraced the digital art revolution by launching a peer-to-peer secondary NFT marketplace. This pioneering platform aims to redefine the art market, providing state-of-the-art opportunities for collectors and artists to transact and interact in the Web3 arena. Sotheby’s boasts a 275-year history in the art world, and this expansion into the Metaverse is another example of […]

NFT News 0

Shit Goes Down in the Nate Chastain NFT Insider Trading Case

Following a week of court-based shenanigans, deliberation and opposing arguments, a jury has given its verdict in the OpenSea insider trading case. As a result, former Product Manager, Nate Chastain, has been formally convicted of participating in wire fraud. Way back in September 2021, crypto sleuths uncovered a ruse that involved an OpenSea rogue trader flipping NFTs either side of […]

Blockchain and Cryptocurrency News 0

Texas regulators target crypto tokens capitalizing on Elon Musk, TruthGPT

Regulators in Texas are targeting the promoter behind two cryptocurrencies that aim to capitalize on Elon Musk’s AI pursuits, Bloomberg reported May 3. Texas securities board targets SF entrepreneur One of the cryptocurrencies is simply titled Elon Musk AI Token. The other is named TruthGPT Coin after Musk’s proposed ChatGPT competitor of the same name. Joe Rotunda, enforcement director for […]

Blockchain and Cryptocurrency News 0

FTX seeks to claw back $3.9B from Genesis; undersold SUI contracts by 1000x

FTX’s bankruptcy case proceeded as the company moved to recover $3.9 billion from Genesis. Meanwhile, an earlier FTX sale became relevant with the launch of SUI token. FTX aims to recover $3.9B in Genesis funds In a May 3 filing, FTX said it intends to begin adversary proceedings against Genesis Global Capital and other associated companies. That filing called Genesis […]

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