The Nightly Mint: Daily NFT Recap
02 Juin 2022 - 4:16AM
NEWSBTC
Is chaos ever not ensuing in NFT environment? Good, bad and
somewhere in between, there’s seemingly always some madness
happening in the space; that’s why we aim for routine coverage that
gives you bite-sized daily recaps of all things NFTs with The
Nightly Mint – no matter the time of day you digest it. One of
the most tenured and controversial celebrities is reportedly
entering the non-fungible token world, an ex-OpenSea executive is
facing heat from the Department of Justice, and that’s just the tip
of the NFT iceberg. The Nightly Mint Latest Mint: Kanye NFTs? “STOP
ASKING ME TO DO NFT’s,” was the leading copy on an Instagram
caption posted earlier this year by Kanye West. Kanye NFTs, just a
mere four months later, could very much be a reality, according to
numerous reports today. West has apparently filed several trademark
applications with the USPTO that are around “blockchain-based
non-fungible assets,” “currencies and tokens,” and “online retail
store services featuring … digital art.” Related Reading | Crypto
Analyst Says Cardano, Avalanche and Two Others Have Potential To
Perform Well In Bear Trend Solana has seen teases of a booming
'Solana Summer' but has taken a major hit today with the blockchain
halted. | Source: SOL-USD on TradingView.com Ex-OpenSea Exec Faces
Federal Charges Over NFT Front-Running Former OpenSea Head of
Product Nate Chastain was highly valued by many within the NFT
community, but is facing a swift fall from high times as the
Southern District of New York has detained Chastain and will look
to pursue charges of wire fraud and money laundering. It would not
be surprising to see the DoJ look to pursue the charges
aggressively, given Chastain’s visibility in the NFT community; the
DoJ states that he utilized “confidential information about what
NFTs were going to be featured on OpenSea’s homepage for his
personal financial gain.” The ‘Minty Fresh’ Take Between goblins
(with a ~7.5 ETH floor at time of publishing) and crypto Twitter
reactions to an hour of OpenSea downtime alone, I think we’re
losing our minds. Opensea is down confirming the NFT bull market
has officially resumed 💀 — ThreadGuy.eth 👑 (@notthreadguy) June 1,
2022 Related Reading | LUNA2 Records Losses As Market Rebounds,
Investors Lost Faith? Featured image from Pexels, Charts from
TradingView.com The writer of this content is not associated or
affiliated with any of the parties mentioned in this article. This
is not financial advice.
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