Thu, November 21

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

OpenSea Backed ‘Americana’ Vaulting Platform Now Open to Public

The vaulting platform Americana is becoming increasingly accessible to the general public. The business, which began as a local initiative but has since expanded, is now a one-stop shop that combines the benefits of an online marketplace with those of a safe deposit box and blockchain-based ownership verification. OpenSea and

July 23, 2023 1 min read

NFT Royalty Payments Hit Two-Year Low as per Nansen

Collectors seem to have continued to forego paying optional royalties despite months of friction between platforms and authors over the enforcement of NFT royalty payments. Royalty payments for NFTs hit a two-year low in June, according to statistics provided by analytics platform Nansen on Wednesday. In April of 2022, royalties

July 6, 2023 1 min read

PEPE Coin Unleashes a New Era for NFT Purchases on OpenSea

Just when some doubters stated that NFTs were doomed, a new effort arose to counter that story. With its frog-themed digital art and creative approach to token economics, the $PEPE project is shaking up the NFT market. And now, the project has taken a giant stride forward for its community

May 10, 2023 2 mins read

Former OpenSea Manager Convicted of Insider Trading by Court

On May 3 in a New York federal court, the former OpenSea manager who was suspected of insider trading of NFTs was found guilty of wire fraud and money laundering. Prosecutors claim that former OpenSea product manager Nathaniel Chastain was responsible for selecting the NFTs that would be offered for

May 4, 2023 1 min read

Blur Dethrones OpenSea in Trading Volume, DappRadar Data Reveals

The NFT realm has not been shining as brightly as it did in 2021. The NFT trading volume took a dip in 2022. However, it has slowly climbed back to 2023. One particular NFT marketplace has been making its name heard recently, even dethroning OpenSea in every possible way. Blur,

May 3, 2023 1 min read

Reddit Gen 3 Avatars Drops in April

Reddit Avatar’s Drop, season 3, is going to take place on the 10th of April. This announcement about the 3rd generation of Reddit Non-Fungible Tokens (NFT) is receiving positive feedback from the online discussion forum participants. Reddit is deploying their new contracts, Gen 3 of the avatars are on their

April 6, 2023 1 min read

OpenSea Introduces New Zero-fee NFT Aggregator Platform

OpenSea, a leading NFT marketplace, unveiled a new aggregator platform with “deepest liquidity” and “fastest speeds,” as well as $0 costs for a limited time. This comes after intense competition from Blur. OpenSea rebranded the marketplace from Gem to “OpenSea Pro” after acquiring it in April of last year. This

April 6, 2023 2 mins read

The Pros and Cons of NFTs (Non-Fungible Tokens) in the Art World

NFTs, ‘Non-Fungible Tokens’ are digital assets. These assets are stored in the blockchain and can be owned similar to cryptocurrencies. The term ‘non-fungible’ refers to everything that is irreplaceable or unique. The term ‘token’ refers to the authority of ownership or proof.  There are several sorts of NFTs other than

April 6, 2023 4 mins read