The Nightly Mint: Daily NFT Recap

Is chaos ever not ensuing in NFT surroundings? Good, dangerous and someplace in between, there’s seemingly all the time some insanity taking place within the area; that’s why we goal for routine protection that provides you bite-sized day by day recaps of all issues NFTs with The Nightly Mint – irrespective of the time of day you digest it.

One of the tenured and controversial celebrities is reportedly getting into the non-fungible token world, an ex-OpenSea government is going through warmth from the Division of Justice, and that’s simply the tip of the NFT iceberg.

The Nightly Mint

Newest Mint: Kanye NFTs?

“STOP ASKING ME TO DO NFT’s,” was the main copy on an Instagram caption posted earlier this 12 months by Kanye West. Kanye NFTs, only a mere 4 months later, may very a lot be a actuality, in accordance with quite a few reviews in the present day. West has apparently filed a number of trademark functions with the USPTO which are round “blockchain-based non-fungible belongings,” “currencies and tokens,” and “on-line retail retailer companies that includes … digital artwork.”

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Solana has seen teases of a booming 'Solana Summer season' however has taken a significant hit in the present day with the blockchain halted. | Supply: SOL-USD on TradingView.com

Ex-OpenSea Exec Faces Federal Fees Over NFT Entrance-Operating

Former OpenSea Head of Product Nate Chastain was extremely valued by many inside the NFT neighborhood, however is going through a swift fall from excessive occasions because the Southern District of New York has detained Chastain and can look to pursue expenses of wire fraud and cash laundering. It could not be shocking to see the DoJ look to pursue the fees aggressively, given Chastain’s visibility within the NFT neighborhood; the DoJ states that he utilized “confidential details about what NFTs had been going to be featured on OpenSea’s homepage for his private monetary acquire.”

The ‘Minty Contemporary’ Take

Between goblins (with a ~7.5 ETH flooring at time of publishing) and crypto Twitter reactions to an hour of OpenSea downtime alone, I believe we’re dropping our minds.

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The author of this content material shouldn't be related or affiliated with any of the events talked about on this article. This isn't monetary recommendation.

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