OpenSea
OpenSea Cleared: SEC Ends NFT Investigation Without Action
The U.S. Securities and Exchange Commission (SEC) has decided to drop its investigation into OpenSea, the largest NFT marketplace, opting not to take legal action. This decision is seen as...
Is OpenSea Planning a Token or Airdrop? Here’s What We Know So Far
OpenSea is in the spotlight after registering the OpenSea Foundation in the Cayman Islands on August 20, 2024. This move has fueled discussion in the NFT and crypto communities, as...
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 and CEO of OpenSea, made...
Inside the NFT Wash Trade: How Fake Volume Distorts the Market
The NFT market has seen significant levels of wash trading, where traders engage in artificial trades to inflate trading volume. Data from Blur, OpenSea, and Magic Eden highlight this trend....
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 trading volume. OpenSea’s CEO alleges...
OpenSea Reacts Swiftly to Secure User Assets Amid Ledger Connect Breach
A recent security breach involving Ledger Connect has sent shockwaves through the NFT community, leaving many enthusiasts reeling from substantial losses and raising serious concerns about the safety of their...
US Hedge Fund Coatue Marks Down OpenSea Stake By 90%: Report
More woes may lie ahead for NFT marketplace Opensea as a report from The Information revealed one of its largest investors marked down the value of its stake in the...
OpenSea Shifts Focus to Foster OpenSea 2.0, Lays Off Employees
American Non-Fungible Token (NFT) marketplace OpenSea has announced the company’s decision to reduce its workforce in an attempt to redirect its focus to foster innovative OpenSea 2.0. The company’s decision...
OpenSea Pro Launches Cross-Chain Trading On Polygon & Ethereum
On November 2, OpenSea Pro announced that it is live on Polygon. The NFT aggregator enabled cross-chain asset trading on both the Ethereum and Polygon networks through the integration of...
OpenSea Ranks First in the Top 10 NFT Marketplaces by Number of Traders
Crypto Rank, a crypto market insights and analytics platform, shared on August 24 the top 10 NFT marketplaces based on 30 days of active traders. On top of the list...
OpenSea Ex-Manager Faces Imprisonment for NFT Insider Trading, Requests Bail
Former Product Manager Nathaniel Chastain of Ozone Networks, also known as OpenSea, has been sentenced to three months in prison for the first-ever insider trading involving Non-Fungible Tokens (NFTs). U.S....
OpenSea Lens Protocol Profiles NFTs Witness Steep Price Decline to $50
The floor price of Lens Protocol Profiles NFTs on OpenSea, the popular marketplace for non-fungible tokens (NFTs), has witnessed a significant drop, as revealed by prominent Chinese crypto reporter Colin...
US Charges Moroccan Who Siphoned $448k by Creating Fake OpenSea Site
U.S. prosecutors have charged a Moroccan individual named Soufiane Oulahyane for his alleged involvement in a significant crypto and NFT heist. Oulahyane stands accused of orchestrating a sophisticated scheme, and...
OpenSea Attracts 88% Of Polygon’s NFT Trading In Last 3 Months
OpenSea, the world’s largest NFT marketplace, has managed to maintain status quo by attracting the majority of Polygon’s NFT business over the past three months. The digital asset marketplace saw...
Blur Beats NFT Giant OpenSea In Terms Of Daily Trading Volume
Blur, the digital art startup that markets itself as the NFT marketplace for pro traders, has managed to post some impressive numbers in the trading volume field. The platform has...
13.6K Wallets Migrate from OpenSea to Blur in One Week
Recent data from the community-based open-source data provider Dune Analytics shows that 13,600 wallets canceled their orders on the OpenSea NFT marketplace in the past week. Popular opinion attributes this...
Polygon Records Over $11.4M in Daily Trading Volume on OpenSea
Polygon, the layer 2 scaling solution that runs on Ethereum, experienced a spike in its daily trading volume on the OpenSea NFT marketplace. The daily volume spike came after a...
OpenSea Launches a “3-Hour Hold Period”; A New Safety Enhancement
OpenSea, the American NFT marketplace, announced the introduction of the novel mechanism called the “3-Hour Hold Period” intended to “mitigate theft-related risk.” In the early hours of February 3, the...
Scammers Abuse OpenSea Policy to Sell NFTs of 6th Largest BAYC Holder
Some people have exploited OpenSea’s ape policy to sell the Bored Ape Yacht Club (BAYC) NFTS to collectors. Franklin, the sixth largest BAYC holder, tweeted yesterday, complaining that the ugly...
NFT Marketplace Blur Overtakes OpenSea With $484M Sales Volume
According to data from the analytics platform Dune, NFT marketplace Blur overtook the leading NFT marketplace OpenSea in terms of sales volumes in December 2022. NFT suffered a particular downtrend...
Wonky Stonks Have Been Top 10 Trending on OpenSea for 24 Hours
A fresh report on the financially-inspired NFT collection, Wonky Stonks has been provided by Crypto Kaleo, who is also a co-founder at the company LedgArt.io (Wonky Stonks). His analysis indicates...
Top 5 NFT Marketplaces by Sales Volume on DappRadar
DappRadar has compiled a list of the Top 5 NFT Marketplaces by Sales Volume. In this list, OpenSea grabs the first spot, while Magic Eden, X2Y2, LooksRare, and ImmutableX follow....
OpenSea Upholds NFT Community Choice of Enforcing Creator Royalty
OpenSea pledged to continue implementing creator royalties. The NFT community celebrated as the firm’s decision reflects their best interest. Previously, OpenSea and Rarible delisted a collection of NFTs that glorified...
OpenSea To Introduce A Tool for Optional NFT Creator Royalties
OpenSea has announced an on-chain tool for ‘optional creator royalties’. The NFT marketplace will commence testing the tool from November 8. The marketplace will not enforce royalties on new collections...
David Bowie’s Philanthropic NFT Collection to Go Live on Opensea
David Bowie Estate has collaborated with popular NFT artists to launch Bowie on the Blockchain NFT collection. Proceeds from the NFT sales would go towards the humanitarian organization CARE. Artists...
