CoinTelegraph

NFT flipping not so profitable for more than half of buyers: Survey

With the surging popularity of nonfungible tokens (NFTs), many have taken to “flipping” these assets as a trading strategy. Around 64% of people in a recent survey said their top reason for buying an ...
Artnet

A Crypto-Collector’s Attempt to Flip the NFT of Jack Dorsey’s First-Ever Tweet—for Which He Paid $2.9 Million—Flops Big-Time

Last March, Twitter founder Jack Dorsey made headlines when he minted an NFT connected to his first-ever tweet, featuring the immortal line “just setting up my twttr.” It sold for the equivalent of $2 ...
CoinTelegraph

Bitcoin NFTs make comeback in weekly sales, flipping Ethereum

Bitcoin nonfungible tokens (NFT) sales have just surpassed Ethereum over the last seven days following a sudden spike of Bitcoin Ordinals-based NFT collections, led largely by the collection ...
The Verge

OpenSea is trying to prevent scammers from flipping stolen NFTs

OpenSea has announced it will start freezing sales for NFTs that it suspects have been stolen in an attempt to stop scammers and hackers from flipping ill-gotten tokens. In a blog post on Wednesday, ...
New York Post

Pennsylvania man pleads guilty to flipping more than $13M of digital art from infamous NFT collection — and reporting zilch to IRS

He got rich off pixelated punks — and punked the Internal Revenue Service in the process. A Pennsylvania man faces federal prison after pleading guilty to flipping more than $13 million worth of ...
The Verge

OpenSea’s product chief is out after insider NFT flipping accusations

OpenSea head of product Nate Chastain, who was recently accused of a form of NFT insider trading, appears to no longer be working for the company. His Twitter bio now includes the phrase “Past: ...