An OpenSea employee bought NFTs before they were promoted on the marketplace's homepage, which angered traders have compared to insider trading.
'Tokenize This' is a functional criticism of the non-fungible token market that's been called out by some artists as a hyper-capitalist fad.
“There was no history of my ever purchasing it, or ever owning it,” said one confused NFT buyer. “Now there’s nothing. My money’s gone.”
People are blowing up millions of dollars on crypto collectibles of LeBron James’ dunks, the first tweet ever made, and a fuzzy alien figure.
Non-fungible tokens have been touted as a way to rescue lesser-known artists from financial peril. Instead, they're mostly helping the rich get richer.
Nifty Gateway confirmed that several people had their accounts compromised recently, but blamed users for their lack of two-factor authentication.