OpenSea
Ex-OpenSea Employee Accused of Benefiting from NFT Insider Trading.
According to prosecutors, a former employee at OpenSea, a well-known marketplace for non-fungible tokens (NFTs), has been accused of illegally profiting from insider trading of NFTs. The person in question…
Co-Founder of Moonbirds NFT Collection Latest Victim of Phishing Scam.
Kevin Rose, the co-founder of Moonbirds NFT Collection, lost more than $1.1 million worth of his personal NFTs in a phishing scam. He informed his 1.6 million Twitter followers on…
Polygon NFT Sales on OpenSea Outperform Ethereum for a Second Month.
For the second consecutive month, OpenSea, a leading overall marketplace, sold more NFTs on Polygon than on Ethereum, according to blockchain data from the Dune dashboard. In January, OpenSea processed…
NFT Collector Files Lawsuit Against OpenSea Marketplace for Negligence.
Robbie Acres, an NFT collector, has filed a lawsuit against OpenSea for alleged transgressions, including one wherein the complainant was prevented from accessing his account for more than three months.…
Ethereum Burns Hotter than Ever.
The Ethereum network, as part of the Ethereum Improvement Proposal (EIP) 1559, has been burning ETH at a massive rate. A portion of the Ethereum transactions – every NFT trade,…
Creators of Bored Apes Suggest a New System for NFT Creator Royalties.
More well-known artists and producers are speaking out about this issue as OpenSea, the top NonFungibleTokens(NFT) marketplace, suggested over the weekend that it might follow the trend of no longer…
OpenSea Develops a Tool to Help NFT Creators Comply With On-Chain Royalties.
With the introduction of a new “on-chain” tool to assist producers in enforcing royalties, the non-fungible (NFT) marketplace OpenC appears to have entered the discussion around NFT royalties. The NFT…
Cuban Artists Banned on OpenSea NFT Marketplace Due to US Sanctions.
OpenSea, the world’s largest marketplace for NFTs, has banned digital artists from Cuba and other countries that have been sanctioned by the US. The ban came to light last week…
OpenSea Will Continue to Enforce Creator Royalties on NFTs.
OpenSea will continue to enforce creator royalties on non-fungible tokens. The NFT marketplace confirmed that it will continue to enforce creator fees on all existing collections. It acknowledged the creators…
Beware: Fake Reddit NFTs Circulating on OpenSea.
A suite of counterfeit Reddit NFTs, which was taking advantage of the social media platform’s digital collectible’s growing popularity, has been delisted by OpenSea. Reddit’s official NFT Collectible Avatars skyrocketed.…
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