opensea
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Former OpenSea Executive Sentenced to Three Months in Prison for Insider Trading
The crumbling crypto empire that tech bros everywhere once hyped up has now claimed another victim. Nathaniel Chastain, former Head of Product at leading NFT marketplace OpenSea, has been sentenced to three months in prison for insider trading. The U.S. Attorney’s Office in the Southern District of New York announced the arrest in a release…
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Luxury Handbag Maker Wins Trademark Lawsuit Against ‘MetaBirkin’ NFT Maker
Look to your left, and see an image of a famed, extremely expensive luxury Birkin-brand handbag. On your right, is a non-fungible token, a digital image whose rights of ownership are recorded on a blockchain. On Wednesday, a jury in New York decided that these MetaBirkin NFTs were indeed a big ripoff of the famous…
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Starbucks Explains How Its Dumbass NFT Program Works
If you’ve ever walked out of a Starbucks, infant-sized latte in hand, and thought, “Geez, this coffee’s really lacking some Silicon Valley-inspired innovation,” then good news. The brand that once tried to cash in on a dying CD industry is now leaning into the struggling Web3 marketing ecosystem in an attempt to create digital communities…
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Reddit’s CEO Loves Blockchain Avatars, but He Isn’t Saying ‘NFT’
My Reddit avatar could not look like me if it tried. None of the hair options available can really match my receding hairline that combines a widow’s peak and an ebbing ocean tide. I’m just one of those internet users who doesn’t much care how I present on an internet forum.