Thu, April 25

OpenSea Steps Up NFT Copymint and Transparency Policy

The marketplace has published a more in-depth look into its copymint policy. The policy has defined what qualifies as a copymint and what does not. OpenSea has recently revealed via a blog post that it is dedicated to maintaining its position as a leader in bolstering the NFT ecosystem’s credibility

August 11, 2022 2 mins read

Solana NFT Underperforms on OpenSea’s New Launchpad

Zoonies is an alien-themed NFT collection existing on Solana. Even after a day, this Solana NFT has not attained the “sold out” phase. OpenSea has brought out a new launchpad capability for creating new Solana NFT projects in an apparent effort to match Magic Eden’s feature set. The major NFT

July 22, 2022 2 mins read

RIAA Compels OpenSea To Remove Multiple ENS Domains

The problem has been resolved since infringing ENS domain names were removed. OpenSea recently stated that it would lay off 20% of its personnel. Trademark objections from the Recording Industry Association of America (RIAA) have prompted NFT marketplace OpenSea to remove numerous tokens from its database. OpenSea has had a

July 17, 2022 1 min read

NFT Marketplace OpenSea Announced 20% Layoff Amid Low Volume

Finzer is certain that the NFT industry will continue to improve. June saw a 73% drop in the amount of Ethereum NFT trading on the market. OpenSea, the leading NFT marketplace, has laid off almost 20% of its staff. According to CEO Devin Finzer, who announced the news through Twitter

July 15, 2022 2 mins read

CryptoPunk NFT Rises up Through a Recent Million Dollar Sale

CryptoPunk 4464 sold for $2,615,224.91. Ethereum traded at $1,060.29 with a trading volume of $13,097,548,474. CryptoPunk 4464 NFT, was recently sold for 2,500 ETH via OpenSea, the first and largest web3 marketplace for NFTs and crypto gems in the world. CryptoPunks is a generative art collection and the first NFT-based digital

July 13, 2022 2 mins read

Open Sea Blacklisted Popular NFT’s Including BAYC

In may the Open sea discarded the channels which promote the fraudulent  Items marked as stolen by OpenSea can frequently be seen sold on LooksRare Open Sea, the largest marketplace for buying and selling Non Fungible Tokens (NFTs), has been blacklisted for its major collections, which are valued at over

July 8, 2022 2 mins read

NFT Sales Falls To 12-Month Low Following Crypto Market Massacre

Sales of non-fungible tokens (NFTs) have fallen to a 12-month low due to the crypto market’s massacre, according to crypto analytics company Chainalysis. Sales of NFTs in June were the weakest since June 2021, when they were $648 million. In January of this year, NFT sales set an all-time high

July 3, 2022 1 min read

Leading NFT Marketplace OpenSea’s Co-founder Alex Atallah Resigns

The OpenSea Co-Founder Alex Atallah wrote a mirror piece announcing his departure from the firm on July 30. OpenSea’s Atallah says he’s happy with the progress and would want to start “building something from zero to one” again. OpenSea’s Board of Directors will retain Atallah’s position. Kevin Pawlak will continue

July 2, 2022 2 mins read

NFT Marketplace OpenSea Reveals Migration to Seaport Protocol

According to OpenSea, consumers using Seaport would save 35% on gas fees. The seaport is neither owned nor operated by OpenSea but instead built on top of it. Tuesday saw the announcement of OpenSea’s migration to Seaport, the most popular non-fungible token (NFT) marketplace by trading volume. A few of

June 15, 2022 1 min read

Former OpenSea Employee Charged With Insider Trading With NFTs

Nate has been profiting from this exclusive knowledge. His understanding of NFTs allowed him to buy many of them for profit. Nathaniel Chastain, a former OpenSea executive who resigned in September 2021, has been charged with insider trading. Because of his alleged involvement in insider trading with non-fungible tokens, Nate

June 2, 2022 1 min read