Something that had never happened before has just happened in what will go down in history as the first-ever insider trading case in the world of NFT.


U.S. Attorney Damian Williams in Manhattan said these charges “demonstrate the commitment of this office to stamping out insider trading – whether it occurs on the stock market or the blockchain”.


“NFTs might be new, but this type of criminal scheme is not,” added Williams.


I guess Mrs Pelosi didn’t get the memo. But that’s a different conversation so let’s just move on.


In short, a 31-year-old fomer employee was accused of buying 45 NFTs on 11 different occasions based on confidential information he wasn’t supposed to disclose and/or use. OpenSea themselves found out about it by running an internal investigation and subsequently reported him to the authorities.


If found guilty, the employee is facing up to 20 years in prison.


Proving malfeasance in a court of law is often difficult, and I believe it is going to be even more arduous in this case because of the way the market is (un)regulated.


Let’s wait and see.



I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF


Use this link to get a discount on Undone Watches

Use this link to get a discount on your first Glovo order

Use this link to get up to $250 in crypto on your first deposit on BlockFi

Use these links to get free crypto on your deposit CoinbaseCrypto.com or Binance

Use this link to get free diamonds use my CoinmarketCap code

Advertisement

It’s kinda like Google, but for NFTs

Mintedgem is sort of, kind of, basically like a database for NFTs, putting different assets from different blockchains in one place. It is currently live on the Rinkeby Test Network and the website is live as well, while the official launch is expected for June 6th.


On the front page, you’ll find 1001 squares in total, and you can sort the items based on things like price (low to high and high to low), recently added, blockchain, and so and so forth.


There’s a feature that allows you to add an NFT by copy-pasting it (the URL) from various platforms (LooksRare, Solanart, and OpenSea) and you can pay to have your NFT featured on the front page, the same way you’d promote your post on Instagram, Facebook or Google.


Pricing start from $0.10 per day.


The idea was presented to me by the founder himself a little over a week ago when I attended the Tomorrow Conference in Belgrade, Serbia and I gotta admit I still don’t know what to think of it, and more to the point, I’m still not 100% I figured out how to use it.


But I see the potential value. The main issue with NFTs these days is that it is very difficult to promote yours if you don’t have a big name to spend or a marketing budget, and that’s why I believe that other similar platforms can be useful.



I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF


Use this link to get a discount on Undone Watches

Use this link to get a discount on your first Glovo order

Use this link to get up to $250 in crypto on your first deposit on BlockFi

Use these links to get free crypto on your deposit CoinbaseCrypto.com or Binance

Use this link to get free diamonds use my CoinmarketCap code

Companies are using NFTs for marketing purposes and profitability

NFT maximalists – I guess we can use coin this definition – predict that every single company in the world (with a recognisable brand or product) will eventually use NFTs as a quick and easy way to turn a profit, and I think that’s definitely one of the cards on the table, but I’ve also noticed that many companies are doing so for marketing purposes.


There’s this database I use for media purposes. It gives me direct access to press releases from a bunch of different companies in a lot of different domains and segments, and my homepage in the database is usually awash with car content, because that’s what I’m normally interested in, but the number of companies that are putting press releases out there to let the public know they’ve launched an NFT is increasing. And it includes companies I’d never heard of before.


This morning I woke up to this: a new collection of NFTs launched by Tjep. – a company that specialises in jewerly and interior design. According to press release, Tjep. will gradually release – sorry, I mean ‘drop’ – 160 NFTs for a variety of different logos and designs from the company’s portfolio. Each will be available on OpenSea, and the price will gradually increase for each drop.


This is clearly a marketing stunt. And don’t get me wrong, I’m a big fan of marketing stunts. I’d no idea what Tjep. is or does, but now I know. Good job.


I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, Xmr, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Xmr: 8BZ1CtEoQsu1AekeSRmum5Y9o15RGjnbGbY34EertEYxYtXLsTwsH4bHQQrDf1Azz2du9h6NucR5aTxtMHpKRH38QhCkDu6

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF


Use this link to get a discount on Undone Watches

Use this link to get a discount on your first Glovo order

Use this link to get up to $250 in crypto on your first deposit on BlockFi

Use these links to get free crypto on your deposit Coinbase or Binance

Use this link to get free diamonds use my CoinmarketCap codePosted