Chastian was an OpenSea employee that is now serving 40 year jailtime for doing insider trading. Chastian was given the responsibility of selecting NFTs that would be next featured on homepage of OpenSea’s website. This was a pretty big piece of information.

Shvembldr is a well known NFT artist who has made whopping 8.7 million euros in 2021. According to rumors brewing, all of Shvembldr’s NFTs have been seized for 159 days by the Latvian police. In other words, he is being treated like a proper criminal.

Premint is a service that allows users to collect myriad wallet address that can be used for presale of NFTs. Their website was compromised earlier today. Make sure you do not sign any approvals on their website, premint.xyz. If you verify your wallet’s ownership, it will give permission to hacker to drain all of your funds.

OpenSea platform has announced they have suffered a massive data breach as one of its employees’ leaked information of users on the website. One user said on twitter that this has become a quarterly event with them. How many times does the OpenSea platform gets hacked before being deemed unfit for crypto?

ApeCoin team, Yuga Labs announced on twitter that they will be moving ApeCoin away from Ethereum and it will have its own blockchain. This is needed for ApeCoin to properly scale and not have obscenely high fees on Ethereum. People, especially traders are not very happy about this decision which was reflected in strong downward price action of ApeCoin.

Moonbirds NFT project has crossed $168.5M volume in less than 24-hours with more than 55,000 Ethereum traded. It is amazing to see NFT market holding up well despite bitcoin chopping around and we definitely could not have predicted this an year ago or so.

Bored Ape Yatch Club recently launched APE coin and it soon got listed on major cryptocurrency exchanges like Binance, KuCoin, Gemini and even Coinbase. Never has it happened that a coin / token was listed on Binance and Coinbase on same day. This caught the eye of scammers who set up a phishing site and started pushing it using fake, hacked Twitter accounts that are often used for NFT promotions.

CEO of Utopian Game Labs is heavily investing in blockchain gaming and currently developing a play and earn NFT game, Time Raiders. It’s no secret that play to earn games involving tokens or NFTs for purchase are taking the main stage this year. Web3, the metaverse and blockchain gaming are all terms that we’ve seen discussed for better or worse but the trends are all pointing towards gamification being the true future of the gaming industry.

Here is another NFT minting gone wrong, this time by Pixelmon team, which after raising a whopping 70,000,000 dollars wants to spend another 2,000,000 to upgrade their NFTs from terrible looking NFT sketches to something more rewarding. We, at NFTputing, love supporting small and new NFT projects but when you have paid 3 ETH for an NFT that looks like this, there is no excuse.

There is a rumor brewing that OpenSea, world’s most popular NFT website has been hacked. Many thinking OpenSea has churned out new contracts, but it’s just a phishing attempt at making you give permissions on phishing website.