Nothing to see here: OpenSea denies exec involved in $60M rug pull: Nifty Newsletter
Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights.
In this week’s newsletter, read about how an art gallery in Dubai plans to educate artists about nonfungible tokens (NFT) and Web3, and why NFT marketplace OpenSea said it’s unaware of any involvement of a former executive in a $60 million rug pull. Check out what happened with the Astrology-themed NFT series Lucky Star and, in other news, find out what a Chinese government-owned newspaper plans to do with its own NFT platform.
The forthcoming art gallery 37xDubai, which plans to debut in October, aims to educate artists and collectors on NFTs and the broader Web3 ecosystem through its physical presence.
Gallery founder Danilo Carlucci said it plans to hold educational workshops in the gallery space after its launch. Additionally, the gallery intends to use NFTs based on its “Tree of Life” art installation for its membership token.
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NFT platform OpenSea says it is unaware of evidence that could point to the involvement of former head of ventures, Kevin Pawlak, being tied to the infamous AnubisDAO rug pull in 2021 after new accusations sprung up on social media.
An anonymous X (formerly Twitter) account called NFT Ethics tagged the platform, asking it to speak to the accusations. They claimed Pawlak is linked to the pseudonymous identity “0xSisyphus” and was involved in “various dubious business dealings.“
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The astrology-themed NFT project Lucky Star Currency (LSC) has been caught in the middle of trying to pull off an exit scam for
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