OpenSea
OpenSea Faces SEC Scrutiny Over NFT Classification
The U.S. Securities and Exchange Commission (SEC) is scrutinizing OpenSea, the world's leading NFT marketplace, potentially classifying NFTs as unregistered securities. Devin Finzer, the Co-founder…
Inside the NFT Wash Trade: How Fake Volume Distorts the Market
Blur leads with 18.88% wash trading volume, highlighting significant artificial inflation. OpenSea shows minimal wash trading at 0.88%, ensuring higher organic trades. Recognize and adapt…
OpenSea’s CEO Says Company Open to Deals, Including Being Acquired
OpenSea’s CEO said the NFT marketplace is keeping an open mind toward acquisition deals. The platform continues to trail behind Blur in daily and monthly…
OpenSea Reacts Swiftly to Secure User Assets Amid Ledger Connect Breach
Security breaches like the one involving Ledger Connect underscore the critical need for robust NFT security measures. Blur's rise as a competitor challenges OpenSea's dominance,…
US Hedge Fund Coatue Marks Down OpenSea Stake By 90%: Report
Coatue, one of the largest investors in OpenSea, reportedly slashed its interest by 90% in the second quarter. The hedge fund reduced its holdings from…
OpenSea Shifts Focus to Foster OpenSea 2.0, Lays Off Employees
OpenSea reduces workforce to shift focus to foster innovative OpenSea 2.0. About 50% of the marketplace’s employees will be eliminated as part of the initiative.…
OpenSea Pro Launches Cross-Chain Trading On Polygon & Ethereum
OpenSea Pro announced that the platform is now live on Polygon. The platform has activated cross-chain trading on both Ethereum and Polygon via Socket. OpenSea…
OpenSea Ranks First in the Top 10 NFT Marketplaces by Number of Traders
Crypto Rank shared the top 10 NFT marketplaces by number of 30-days active traders. OpenSea stood on top of the list with a total of…
OpenSea Ex-Manager Faces Imprisonment for NFT Insider Trading, Requests Bail
Ex-Manager at Opensea, Nathaniel Chastain, gets 3-month prison term for NFT insider trading. U.S. Attorney Damian Williams emphasizes Chastain's breach of trust and betrayal of…
OpenSea Lens Protocol Profiles NFTs Witness Steep Price Decline to $50
Lens Protocol Profiles NFTs witness a steep 60% price decline within a week. Wu attributes the drop to the test invitation system launched by Lens.…
