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Shill Bidding

Opensea NFT Marketplace Claims Employee Profited From Insider Information

Opensea NFT Marketplace Claims Employee Profited From Insider InformationOn September 15, the top non-fungible token (NFT) marketplace, Opensea, revealed that an Opensea executive profited from insider trading. “Yesterday we learned that one of our employees purchased items that they knew were set to display on our front page before they appeared there publicly,” Opensea informed the public on Wednesday. Opensea did not name […]

4 more virtual asset trading platforms licensed in Hong Kong

Are NFT Sales Susceptible to Shill Bidding? NFT Skeptics Think It’s Possible

Are NFT Sales Susceptible to Shill Bidding? NFT Skeptics Think It’s PossibleIn 2021, there’s no doubt that non-fungible token (NFT) collectibles have been extremely popular and NFTs have made billions in sales during the last year. For instance, in the last month Opensea saw $3.44 billion in NFT sales, Axie Infinity saw $838 million, and the pixelated NFTs Cryptopunks saw $653 million in sales. However, there […]

4 more virtual asset trading platforms licensed in Hong Kong