OpenSea, the world’s first and largest web3 marketplace for NFTs and Crypto collectibles, now supports Aribitrum Nova and has ultra-low transaction costs and strong security. It powers dapps with high transaction volumes that aim to reduce expenses even more. This helps the Arbitrum ecosystem develop. We’re excited to now support
The largest NFT marketplace OpenSea users underwent risk due to a new hack involving a feature on the OpenSea through phishing websites. As nonfungible tokens (NFTs) increased in popularity, scammers who frequently attempt to take advantage of users within the NFT market have increased in activity. OpenSea has a feature
OpenSea, the biggest marketplace for NFTs, said today that it is prohibiting digital artists from all nations sanctioned by the United States, including Cuba, because of the embargo imposed by Washington. The prohibition was first revealed following the disabling of NFTcuba.ART profile on the marketplace. It was announced through Twitter
OpenSea, the leading NFT marketplace, has recently released a tool. That producers may use, to prevent their freshly released NFTs from being sold on sites that do not accept royalties. However, several Web3 developers had issues with the strategy and execution. Therefore OpenSea is making further policy adjustments in response
OpenSea, a marketplace for NFTs, has stated that it intends to incorporate BNB Chain on its Web3 NFT marketplace protocol by the end of 2022. Because of Seaport Protocol, OpenSea users will soon be able to list, trade, and acquire BNB Chain NFTs. Binance’s BNB token is used to fuel
OpenSea, the most prominent NFT marketplace, has declared that despite strong community resistance, it would continue to demand creator royalties on NFTs. Following a spate of competing marketplaces that had either rejected such fees or made them optional for traders to pay, OpenSea said on Saturday that it was reviewing
For each time one of an artist’s NFTs is resold, the creator receives a royalty payment. The royalty rates for each NFT may be found in the contract that governs the NFT. The smart contract will distribute a portion of the creator’s requested royalties to the secondary market when a
VF-22 race cars of Haas F1 Team will include the Opensea logo. The racing organization expected increased participation from its audience. For Haas F1, NFT marketplace Opensea will mint a set of NFTs. Haas, the only American F1 team, made the announcement on Thursday. The racing organization claimed that their
OpenSea monitors for suspicious contract functionalities and behaviors. This tool will automatically check any user-entered links on the marketplace. Because of the immutability of blockchain transactions, theft has become a serious problem in the NFT industry. With attacks stealing millions of dollars’ worth of assets from unwary collectors. Moreover, the
The government claims Chastain unlawfully benefited from the sale of NFTs. OpenSea decided to end its partnership with Chastain after learning about the probe. A former employee of NFT marketplace OpenSea was unable to persuade the court. To dismiss the allegations against him, allowing his trial to go forward. Wire
