OpenSea NFT insider trading scandal shines light on the dangers of an unregulated NFT market

Can NFTs have insider trading when they aren’t under any legal jurisdiction? By Vanessa Malone Yesterday leading NFT marketplace OpenSea addressed the news that one of their employees participated in an NFT insider trading scheme.  OpenSea Co-founder and CEO Devin Finzer shared the details in a company blog post saying an employee used private company […]Continue Reading

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What will it take for NFTs to go fully mainstream?

NFTs are here to stay, what will it take for the market to expand outside the crypto realm By Vanessa Malone Non-fungible tokens, or NFTs, are digital tokens that represent ownership of a unique digital item. Think of NFTs like the digital counterparts of one-of-a-kind trading cards. NFTs can be tied to any digital asset including […]Continue Reading

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Are KYC, AML and other regulations coming to the NFT market?

Incoming regulations could be coming for the $2.5B NFT market Non-fungible tokens (NFTs) make up a $2.5 billion market and growing, up from $13.7 million in the first half of 2020.¹  Many of the leading NFT platforms, including OpenSea, Axie Infinity, CryptoPunks and Rarible have seen record volume in the last few weeks. OpenSea’s transaction volume […]Continue Reading

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