Daily News - June 2, 2022
TLDR:
Nath.eth, a former OpenSea employee, is charged with insider trading.
Azuki and MoonBirds announced NFT NYC events.
Stephen Diehl launches an attack on crypto.
Solana experiences downtime.
Treasure:
TreasureDAO releases The Compass Issue #5! This issue delves into Treasure Town Halls, BridgeWorld improvements, completion of TIP-09, and Smolverse updates. (Source)
OpenSea Trading Volume:
Ethereum dips by 6.0% closing the day at $1,815.25! In a similar manner, OpenSea trading volume declined by 5.6% and closed the day with $39.31M in daily trading volume.
News:
Nathaniel Chastain, more commonly known as nate.eth, faces up to 20 years of prison for insider trading. In specific, the former Head of Product for OpenSea faces 1 count of wire fraud and 1 count of money laundering for trading NFTs using privileged information. (Source)
A group of crypto skeptics, otherwise dubbed “technologist”, have banded together to send a letter to Congress voicing their concerns against the adoption of cryptocurrencies. Ironically, this movement is sphered by Stephen Diehl who serves as a CTO for a private blockchain firm called Adjoint. (Source)
In response to Stephen Diehl’s crusade against crypto adoption, Arthur Hayes, the co-founder of BitMEX, publishes a medium article discussing the current economic and political landscape and their effects on crypto markets. (Source)
MoonBirds will be hosting their NFT NYC event on June 21, 2022 at 8 PM! They’ll be featuring Tame Impala and David Blaine as their headline guests. (Source)
Azuki announces two events for NFT NYC! Their daytime exhibit will be open to the general public while their nighttime event will be exclusive to Azuki holders. (Source)
Notable Sales:
Millenniaeth purchased goblintown #9249 for 31.04 ETH ($56,317.73)! This marks the highest sale for the collection on OpenSea. (Source)
If you’re interested in learning more or joining a community of NFT traders, head on over to OriginsNFT