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2 mins read

The first-ever NFT insider trading charge has been brought by the Justice Department against a former OpenSea employee

Shortly after the NFTs were featured on the site, the employee sold them at profits of two to three…

Matthew Fox   


Business Insider Latest Story Image
1 min read

Crypto exchange Zipmex pauses withdrawals due to volatile market conditions

In a tweet late on Wednesday, Zipmex said that due to a combination of circumstances "beyond our co…

Business Insider Latest Story Image
2 mins read

OpenSea claims that its hack was never a hack, users fell for phishing scams

OpenSea was hacked, and then it wasn’t. The world’s largest NFT platform has since denied the rumou…

Business Insider Latest Story Image
2 mins read

OpenSea is returning the millions users lost due to a bug

Hackers were able to exploit a bug to buy NFTs at much lower than their price, and relist them to s…

Business Insider Latest Story Image
2 mins read

Are Ethereum traders expecting a price rally soon?

The total supply of Ether on centralized exchange platforms is lower than it used to be in 2018. Ov…

Business Insider Latest Story Image
2 mins read

Creator of Stoner Cats animated series starring Ashton Kutcher and Mila Kunis is fined by SEC for selling NFTs

At its peak in August 2021, one Stoner Cat NFT sold for 931 ether, or about $3 million. Today, you …

Matthew Fox   


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2 mins read

A bug in the world's largest NFT market could have allowed crypto wallets to be hijacked or stolen

After seeing reports of stolen crypto wallets triggered by free airdropped NFTs, Check Point Res…

Business Insider Latest Story Image
1 min read

Top NFT exchange OpenSea launches venture capital arm, following in footsteps of crypto firms FTX and Alchemy

Potential portfolio companies will have access to OpenSea's strategic partners, including Andreesse…

Phil Rosen   


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2 mins read

NFTs worth over $1 million sold for thousands on OpenSea due to a loophole in its listing

Opportunists bought NFTs worth more than $1 million for significantly less due to a bug on OpenSea.

Hamza Fareed Malik   


Business Insider Latest Story Image
1 min read

OpenSea acquires ethereum wallet Dharma Labs as the NFT marketplace's trading boom continues after landmark 2021

The largest marketplace for non-fungible tokens said it's in "build mode," with plans to invest in …

Natasha Dailey   


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2 mins read

NFTs are leading a new form of piracy, and this painter says her work has been stolen thousands of times

The artist said one unknown user listed her work thousands of times before OpenSea took down the li…

Natasha Dailey   


Business Insider Latest Story Image
1 min read

Top NFT marketplace OpenSea's valuation soars 800% to $13.3 billion after latest funding round

OpenSea, the largest NFT open marketplace, completed a $300 million Series C funding round, bringin…

Phil Rosen   


Business Insider Latest Story Image
3 mins read

I paid $50 for a superhero bunny on Coinbase's new NFT marketplace — and saw how it could give rivals like OpenSea a run for their money

Coinbase, one of the world's largest crypto exchanges, now lets users trade NFTs. I tried it out, a…

Katie Canales   


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2 mins read

NFT exchange OpenSea made just $28,000 a month when it launched 4 years ago. Now its founders are about to be crypto billionaires.

The NFT marketplace succeeded by "being in the right place at the right time," one of the founders …

Natasha Dailey   


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1 min read

Crypto traders are bidding to own an NFT so they can touch a 'pleasurable' 2,000-pound tungsten cube

The NFT owner could visit the cube once each year and opt for a bigger one, if desired and availabl…

Natasha Dailey   


Business Insider Latest Story Image
5 mins read

Insider trading, IP theft, fake art and fake profiles — Scammers are taking advantage of NFT platforms’ lack of regulation

As far back as March, there were reports of people impersonating others in order to sell NFTs …

Business Insider Latest Story Image
1 min read

Mark Cuban-backed OpenSea says it's found evidence of insider trading on its NFT platform

OpenSea, the non-fungible token platform backed by billionaire Mark Cuban, said it has uncovered ev…

Camomile Shumba   


Business Insider Latest Story Image
2 mins read

A bundle of BoredApes NFTs just sold for $24.4 million at a Sotheby's auction - showing buyers are still chasing the red-hot digital collectibles market

A digital collection of the popular bored-looking cartoon monkeys fetched $24.4 million when it sol…

Camomile Shumba   


Business Insider Latest Story Image
3 mins read

The biggest NFT platform in the world is still reeling from the crypto flash crash — value of CryptoPunks slashed in half

Transaction volumes on the portal are continuing to fall, dipping below $50 million for the first t…

Business Insider Latest Story Image
2 mins read

NFT traders sank $3 billion into digital art in August as interest spikes

Some analysts see the NFT surge as evidence speculative retail investors are shifting out of bitcoi…

Ethan Wu