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Search Results for: NFT Marketplace

OpenSea Urges SEC For Clarity on NFT Marketplace Regulation

Donald Trump’s re-election in the US has brought a significant shift to the crypto industry in the country. The long-awaited crypto regulation is on the table in the country. Lawmakers have already introduced several bills on crypto strategic reserve creation and stablecoin regulation. But there is no intimation regarding NFTs

April 10, 2025 2 mins read

Solana-based NFT Marketplace Magic Eden to Launch ‘ME’ Utility Token

Magic Eden is planning to introduce and use a utility token called “ME” on its Non-Fungible Token (NFT) marketplace. Importantly, the firm said that the ME Foundation is working on the token’s development. The new token is designed to make cross-chain trade easier on the platform that is built on

August 23, 2024 2 mins read

eBay Reportedly Cuts 30% Web3 Workforce Amid NFT Marketplace Struggle

E-commerce behemoth eBay reportedly intends to leave the NFT market no later than two years after purchasing KnownOrigin, an NFT marketplace based in Manchester. Sources close to the situation have revealed that roughly 30% of eBay’s Web3 crew has been let go. There has been some upheaval in eBay’s venture

February 20, 2024 1 min read

OpenSea 2.0 Aims to Elevate NFT Marketplace Experience

A major NFT marketplace, OpenSea, is working on an update to its platform called OpenSea 2.0. In light of the fact that NFT categories are always evolving in response to new use cases, CEO Devin Finzer has said that this update is an effort to improve the user experience and

January 15, 2024 2 mins read

OKX NFT Marketplace Tops Charts with $50M Daily Trading Volume

The 24-hour trading volume of known NFT markets, including OpenSea, Blur, and Magic Eden, was eclipsed by the NFT arm of crypto exchange OKX. According to DappRadar, the OKX NFT Marketplace had a daily trading volume of over $50 million at roughly 10:00 am UTC on December 18. The platform’s

December 18, 2023 1 min read

Chinese Telecom Operator Unveils NFT Marketplace ‘LinkNFT’

On December 15, China Mobile, the biggest telecom operator in China, made a major announcement by unveiling LinkNFT, a free NFT marketplace. The major goal is to facilitate the launch of a new digital economy and society by giving the people of Hong Kong simple access to the Web3.0 Internet,

December 16, 2023 2 mins read

NFT Marketplace OpenSea Reportedly Alerts Users of Security Breach

OpenSea, one of the prominent NFT marketplaces, has reportedly alerted its users to a serious security violation. OpenSea API keys may have been compromised due to a security problem at one of the company’s suppliers, according to reports. Because of this occurrence, OpenSea has moved quickly to strengthen the safety

September 23, 2023 1 min read

Binance NFT Marketplace Ends Support for Polygon Network 

In a significant move, Binance NFT Marketplace has announced it will cease support for the Polygon Network. The change takes effect on September 26, 2023, at 06:00 UTC. This decision aligns with the platform’s ongoing efforts to refine its product offerings. #Binance NFT will be discontinuing The Sandbox NFT Staking

September 11, 2023 2 mins read
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