Frontrunning the NFT markets
from BlockchainGandalf Hosted by Keir Finlow-Bates
Frontrunning is a stock market term whereby you use insider knowledge about upcoming trades to get in on the action before the rest of the market can. So it's a form of insider trading. It's been a concern in DeFi for a while. Now it turns out that there's a version potentially happening in the NFT market space - namely on OpenSea.io. Find out how by listening to the episode. (At the point I read the tweet, which is here - https://twitter.com/RiceFarmerNFT/status/1437956078130585611 , it was speculation, but https://www.theblockcrypto.com/post/117751/opensea-confirms-executive-used-insider-knowledge-when-buying-nfts confirms it was actually happening)
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