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Search Results for: OPENSEA

OpenSea Losses $100,000 ETH NFT to a Bug!

Hack-attacks and bugs are now quite common upon most cryptocurrency platforms. With the evolution of all the entities of cryptocurrency, so do the means and ways for ethical hacking and bugging develop too.  In spite of this, the latest platform to suffer now is not any crypto exchanges as usual,

September 9, 2021 2 mins read

OpenSea Is Now Gas-Free After the $100 Million FundRaising

OpenSea has now become one of the crypto unicorns after the announcement on Series B funding of $100 million and $1.5 billion valuations. It was led by Andreessen Horowitz, an American venture capital firm also known as a16z. According to the post on July 20, it is officially announced that

July 21, 2021 2 mins read

Layer-2 Networks Emerge as the Foundation of a More Expansive DeFi Ecosystem  

Ethereum’s first-mover advantage has never been overcome and to this day it remains the foundation of the DeFi industry, with more than 50% of the total value locked in blockchain-based protocols.  But Ethereum’s dominance has led to significant challenges for DeFi protocols, as the world’s number one smart contract network

November 11, 2024 8 mins read

Is Crypto Playing the Role of Cornerstone in the 2024 US Elections?

Since its origin, cryptocurrency has been closely intertwined with politics. The nature of the sector, with its open threat to centralized finance, has rendered politics to be its constant watchdog. Moreover, the need for regulations within digital assets, though contrary to crypto’s goals, still requires the involvement of political and

October 21, 2024 8 mins read

BabyDoge Jumps Over 20% Amid Binance Thailand Listing

Baby Doge Coin (BabyDoge) has seen a notable rise, jumping over 22.96% in the last 24 hours, reaching a peak of $0.000000002201 from a low of $0.00000000179. This surge comes as the overall cryptocurrency market turns bullish, with Bitcoin (BTC) trading at around $64,000. One of the main reasons behind

September 23, 2024 2 mins read

Pudgy Penguins CEO Dismisses SEC Concerns Amid NFT Regulatory Scrutiny

Pudgy Penguins is a prominent Web3 brand featuring a collection of 8,888 non-fungible tokens (NFTs) launched on the Ethereum blockchain. The CEO of Pudgy Penguins recently described the SEC’s crackdown on NFTs as “nonsense,” asserting that he remains unworried by the regulatory actions taken by the U.S. Securities and Exchange

September 18, 2024 2 mins read

SEC Faces Backlash Over $750K Settlement with NFT Club Flyfish

Two U.S. Securities and Exchange Commission (SEC) commissioners have expressed dissent over their agency’s $750,000 settlement with Flyfish Club, a restaurant using non-fungible tokens (NFTs) to sell memberships. The SEC’s Sept. 16 order stated Flyfish conducted an unregistered sale of crypto asset securities by offering 1,600 NFTs, raising $14.8 million.

September 17, 2024 2 mins read